Rensselaer Semi-Weekly Republican, Volume 39, Number 88, Rensselaer, Jasper County, 9 July 1907 — COMMEPCIAL AND FINANCIAL [ARTICLE+ILLUSTRATION]

COMMEPCIAL AND FINANCIAL

■ - CHICAGO. _ zzzziz. The remarkable strength of trade stands out more distinctly now that the first half of the year is reached and it is found no diminution affects production in the leading industries or the accumulation of assured forward work. Other favorable factors are lessened, mercantile defaults, largely increased payments through the banks, higher dividend disbursements, and an unprecedented movement of grain. With the seasonable weather results in leading retail sales make an excellent exhibit, and comparisons here with former experience are entirely favorable, notwithstanding the drawbacks interposed by the backward spring. Merchandisestocks here and at Interior points now undergo rapid depletion and the probability of forced clearing sales is smaller. New demands at wholesale measure Opto expectations in the staples, and in dry goods, footwear, clothing and furniture fully equal advance selections a year ago. Failures reported in the Chicago district numbered 20, against 22 last week and 13 a year ago.—Dun’s Review of Trade.

HEW YORK. ~ Seasonable summer weather has further improved the general crop situation, enlarged retail trade and favored a larger volume of reorder trade with jobber* and manufacturers than seemed pasaihlo a fey weeks ago. Six months’ results in wholesale and jobbing lines show the ef** feet of recently improved conditions, but also reflect the large gains in trade noted in the first quarter of the year. Taken, as a whole, leading wholesale lines will show a six months’ business 5 to 10 per cent at least in advance of 1900. Very much the same report is made by leading industries, which have generally surpassed records made in the first half of a year ago. Business failures in the United State* for the week ending June 27 number 150, against 165 last week and 146. in the liter week of 1900. Canadian failures number 29, against 15 last week and 22 in this week a year ago. Wheat, including flour, exports from the United States and Canada for theweek aggregated 3,598,724 bushels, against 2,850,222 last week and 1,902,555 this week last year; for the last fifty-two weeks, 170,770,800 bushels, against 134,019,519 in 1905-06. Cora exports for the week are 1,173,375 bushels, against 988,832 last week and 870,237 a year ago. For the fiscal year to> date, 71,693,05 S bushels, against 110,250,530 in 1905-06. —Bradstreet’s Commercial Report.