| Show NOT v Industry Seems to Suffer From l rol an Epidemic of Ultra Con Cou Cout t serra sm EVERYBODY IS CURTAILING Retrenchment the Order of or the he Day Daj Xo No Fundamental Weakness iu lu finances n a O Dun i t Co Cos oa Of Trado da dan tomorrow will wil wi say fly surfers suffers s from an epidemic or ultra conservation emanating enty train from frol the theory thecly that a of rut depression come Comae every etry 10 the year years coincidence of a ru election I presIdential t electon Another Precedent As n a n result stoCks Blocks of merchandise have hals been 9 Irame I Is iHne ned Preparations for business aro ar fl curtailed ell end and less leas Ies money J Is I distribute In n the lie of ot Wages Willie those thoo hay hav ha log ini In to 10 Invest connio their heir T at al tenton to the tuo highest t classes of ot bond or hold back for U tiit lower bOna s 11 ii the lio e have havo corn com blued to mt ot of to ha U 1 I readjust eUl ou mont ment that was by ab normally high of raw taw materials ls and other ece Ind costs CaRIs ton loin nn resulting re In accumulation of of Pro goods u hint coul not bo be sold add at prom Profit it Its He has made mado pom Considerable hu lade i iwo o Kress rell WI e colliers as a H I rulo rule 1110 ing the tho of If accepting redu reda Ions In n pay pl Tho The lake sir strike k has hai bes adjusted leaving little friction between employer and atil ali As 1 the tha lie son Hon Fel the lie crop nop outlook Im in mind there Is ie I no fundamental weakness In iii tho tIne national commercial or financial portion ot of 11 In n business aro are numerous however railway earnings thus hue far available for fOI May stow show a hoes los of at 71 7 t l per tent cent an mum IH compared with 1903 2903 Considering tile the and nj crop reports report I wheat lisa has hI ruled an limit lun tho thu high Irico having u a I natural effect on foreign demand deman In fact act It was wait WUI reported that exporters were vere selling wheat at al Duluth Stocks v I w lii I be to low buy when the new crop Is la harvested und and Ind domestic consumption con has haa absorbed II offerings de com corn quiet demand of ef late Into at north northwestern northWestern western wesler milts 1 I la at nt markets were bushels bUKh IR against In lit Urn Ito same week weck list last year ear willie while exports from frol nil nl nh ports of the Iho United States lour flour Included amounted to bushels compared with Wih 2 bushels a I your year ago Corn Cor has reacted somewhat lo from best prices arrivals of belt bushels at nt western cities cites exceeding the hue receipts of last loa I year but Atlantic coast cost shipments were pro only bushel against t In 1903 Liabilities of commercial failures thus lInus far ta reported for June aggregated Jl 4 1 oC which were In manu In trading trailing and 6 In other commercial lines Failures l this week number IL In tho the United States against last year saiL 16 ago ngn nC In Canada compared with Ih 24 2 a year |
