Wood River times. [volume] (Hailey, Idaho) 1882-1915, 1888-09-18
the CONDITION OF TRADE.
OF Bingham County.

TINE CONDITION OF TRADE.
The Industries Rsspaading 70 the In
prsEf1 Fseliag Cease4seat Upon the
Rslief That the Tariff win Remaia
Unphaasel.
r. g. Dun 4 Co.'S Review for the
week ending September 8, says:
"Wool and iron industries respond
At last, though with some hesitation
yet, to the stimulus afforded by good
crop prospects. The news Of the week
- to grain and cotton has been almost
uniformly favorable, in spite Of some
sxcsss Of rain in parts OF the South,
and little alarm about possible frosts
in .shs Northwest. The foreign de.
mand for products, though ssill small,
l. improving.
"The increased demand for wool 10
shown in higher prices fer nearly oil
grades. The belief thst no change Of
tariff will OCCUR this year removes the
chief cause Of uncertainty in the tex
tile manufactures.
ain The iron trade, also, an improv.
ing demand 10 felt in all directions,
excepting 10 the market for steel rails.
Cleveland reports an improved de-
maud for ore 1t better prices. The
demand and feeling have clearly i'm.
proved. .
"The speculative markets are high
Of, wheat nearly one cent, with sales
Of $4,000. 900 bushels, and corn about
. cent, in spite Of excellent reports ~
70 the probable yield. Cotton has
Fissn nearly half . cent, though the
best recent reports from Texas ~ to
the yield are confirmed, and the in.
juriss from recent rains in the Missis.
sippi States and Georgia do not up.
pear to have been great. The coffee
market l. half . cent higher, with a
better demand. Oil il II cents strong
q. and foreign hides half . cent high
ar, though city slaughtered hides ara
quoted lower. Sugar has advanced .
sixteenth, aud lard nearly half cent,
though other pork products are steady,
aad hogs 10 cents per hundred pounds
lower. hus, in many quarters, the
influence Of speculative activity 10
seen, and yet the latest advices do not
point to any scarcity Of products or Of
crops.
"l'he stock market has shared the
upward tendency, and in spite of some
reaction Of late shows 40 advance OF
about halt dollar per share since =
week ago. Tho gross earnings of
railroads continue encouraging, and
reports OF net earnings, though not up
TO last years mark, come too late to
impress the speculative mind. The
wars Of rates do not cease, and the
decentralization is such that the Trunk
line pool and the Central Traffic As
soclation have practically ceased oper-
atoms. Weakness aud selling in i'm.
portant Western stocks continue, but
The marked improvement in the coal
irsda helps many stocks. On the
whole, however, the situation does not
stimulate the demand for securities Of.
fered By projectors Of new roads. Nor
do returns OF foreign trade promise
the imports Of gold which are usually
expsoted in the fall. Exports from
New York fall 1900. 900 behind last
years for the last week reported. and
II per cent behind for the past five
weeks. SO that further excess OF i'm.
ports over exports is indicated.
''rhs accounts from interior cities
continue decidedly favorable, differ.
ing tom each other mainly in the rate
or extent Of improvement in trade.
AZ 70 collections also, while some com.
plants appear. the general tenor of
reports 10 more favorable. The in.
creased demand for money has caused
come clossness in The market At Bal.
simose. Cleveland and Nashville. but
at most points the supply is ample,
and the demand moderate. The
Treasury has taken in during the week
s2.ooOOOo more than i. has paid out,
but the payment Tor IS. 900, 900 bonds
Psfchassd have not yet been reported"
- -.-.fs- --s ~ "a ss~~-.