The Idaho world. [volume] (Idaho City, Idaho Territory) 1864-1918, 1865-07-22
REVIEW OF THE MARKET.
IDAHO CITY, July 22d, 1865.

IDAHO CITY, July I'D, 1865.
i It is now generally conceded that the Spring
trade Of Idaho City has not been attended with
that success which heavy outlay of capital, risk
and loss Of time in transportation. ought to in
sure. A severe and protracted Winter, delaying
the commencement of mining operations till late
| in April-high rates of freight during the eary
part OF the season--an entire want OF ready mo.
ney, causing an extensive and expanded credit
system to be ACKNOWLEDGEMENTS with the fact
that large number OF the population OF the Basin
were immigrants, unable to obtain employment.
and in depressed circumstances. these were some
OF the causes from which the non success of trade
may be drawn. At no time during the Spring
months did the market evince the pc; rnanent sta
blity which is the legitimate eff ct Of a healthy
trade. Prospects, however, were Frightening in
the month OF May when the disastrous contiag-
ration visited the town, from the direct effects of
which tue Inhabitants are beginning to recover
The brilliant prospects for good business season
which every one anticipated as a necessary couse
quence upon the destruction of q large Quantity
Of goods, nave not been realized Report reached
the lower country lit is sad) that in the great fire
not only the buildings with their contents, but
also ALL the underground cellars and stocks of
gOois stored therein, were consumed This re-
port was the signal for an immense rush of all
kinds Of merchandise for this point, by outside
parties, who, tor once, imagined the saving yeri
ned that 1T is an i'll wind, ~" The demand for
means OF conveyance being So great, caused a |
corresponding rise in the freight market at Uma-
ulla, which, III one day. advanced from II to $780,
This large influx of assorted cargoes vi merchan- !
disc, embracing every branch OF trade coming in
competition with the stocks of esta bilsheC deal |
ers mad the effect of general collapse and total
depression OF prices under the disadvantage OF |
which all traders yet suffering 1t is needless
to say, that with the exception Of some lew arti-
Giles, the supply of everything has been largely in
excess OF the demand.
Much ready money being needed for building
purposes, the channels through which this surplus
OF goods would otherwise have been absgfbed |
were also closed. A general want OF confidence
was being eVInced and merchants were Shy Of in.
vestng the consequence OF which was, that some
shippers, who were obliged to realize from their
STOCKS, have been making enormous sacrifices.
Advices from Umatilla report that very little
freight is now being shipped to this polnt aud
merchants may reasonably expect as SOON as the
present surplus Is III d manner exhausted, u favor
able Change Will take place. Trade during the
present week has still remained Inactive
The following are wholesale prices and transac-
lions in some OF the leading articles Flour which
tor fortnight past was hrln at $22 per hundred
for STANDARD and S2l for outside bra nds shows
Signs of u decline. Considerable quantities have
changed hands at prices ranging from $40 to S2I
per hundred. A train Of 80 600 lbs. from Califor
d
OWyhee. Bacon ana hams are quotaDle 43 to 10
cents per pound beans rs % 80 coffee remains
inactive at 40 TOR Rio to 90 Tor Java; sugars are
n tar request at 81 cents, for crushed 40 for s. F.
Refined 81 and for superior grade OF Island IS
G36 syrup, golden $l4 80 per keg OF gallons
UTTER lsthmus is firm at 70 cents Tor choice ar
lcle, at which figure a large sale is reported
heese is III demand at 81 cents per pound for
dried apples are. held at IS cents
ined peaches are sought for at AZ for California
% Tor Chlll; prunes and currents are scarce and :
nay be quoted at IA to so cents per pound teas '
Inactive, ranging from 81 to 70 per pound ;Nsoap
'er box : OF % candles remain dull at SIS 50
5O Tor GRANTS improved lard is III demand
! % cents for oregon tobacco slow at 81 for
lack to ~ for choice Virginia Leaf yeast DOW :
ers are quite at 500 per gross verlnIcella and
Is III demand at $l2 per box; rice is
luch sought for at 3779 cents per pound salt is
Hered at 10 cents lor California preserved veg
ableS, fruits, Ieiiles and jams are active ut fair
CURES spices Ill bottles may be quoted at So per
oxen. MISUNDERSTANDING articles in this branch
re much depressed and nave been sold at less A
nan cost and carriage. Nails are little in de-
land and holders are eager TO dispose. Selected
zes may be quoted at Ito 20 cents per pound !;
loyeIs u per dozen axes $42 per dozen pick
ld axe helVeS 5 lO per sdozen window glass is
cry dulI and the market overstocked-assorted A
yes are offered from $40 to Is per box; paints
re Ill fair demand white lead d a 50 cents per
O1nd boiled oil 81 so O. 8 per gallon. Boots
re selling at higher figures in consequence of adj
lnced rates below. India rubber boots may be
lOted at Sill per dozen. In wines and liquors
ere Is no change. The market is fully supplied z
al the demand limited.
FROM ADA COTTNTY n