The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1895-04-25
STAPLES IN DEMAND
Prices of Wheat, Beef, Oil and
Cotton Goods Enhanced.
TRADE OUTLOOK IS BRIGHT
False Values Placed Upon Few Com
modities, bur Business Is Better
Bank Clearances of Week.

New York. April l9.-R. G. Dun &
company's Weekly neview Of Trade to-
morrow will say:
In every speculative department the
business is growing. but this is really
the least satisfactory feature of the sit
uation. Cotton, oil and wheat climb
above the export price. so that the mar
keting Of products abroad must be
checked, and money Is absorbed which
ought TO be emptied in productive in
dustry, and in the distribution of prod
ucts to consumers. Everybody knows
that oil has not risen 200 per cent. be-
cause 1t is intrinsically more valuable
nor is wheat actually worth more than
il was two or three weeks ago, but the
expansive and uplifting force has for
tunately taken to speculation rather
than to production, and so we have high
er prices in all speculative markets,
without a large demand for consunp-
ton.
Wheat has advanced over cents dur
ing the past week, and the western re-
ceipts are small. only 1.002.S4G bushels.
against 1,765S29 last year. but Atlantic
exports for three weeks of April have
been only 1866, 4S1 bushels. 0lour includ-
cd) against 5.5sos66 last year. and there
is no indication that the foreign demand
will increase while the prospects for this
years crop are considered excellent.
The most pronounced feature is the
price in the rise of beef. but which is
largely due To the control of the sources
of supply by "a few strong corpora tons.
There ought to be sufficient power in
the hands of the government to meet
such conspiracy against the public, and
the proposal of Secretary Morton to adj
nit Mexican cattle on easy terms. for
. - fss hA.. tIxr
commended. The actual decrease in
receipts of cattle at the four chief west
ern markets has been 200, 900 head during
the first quarter of 1895. and the guam
tity killed has been only so. 900 head less
than last year. about 10 per cent. But
facts have little to do with prices in
this case. as in the case of oil.
In iron and steel the situation Is rath-
er disappointing. Although the output
continues large. the demand for finished
products does not seem to Increase.
The sales of wool at the chief eastern
markets have been is. 1874. 900 pounds for
three weeks OF April, against 1902, 500
last year which indicates that the pro-
duction of goods is at present larger
than IT has been at any time for nearly
two years, and while foreign compe-
tition is seriously felt in some branches
the manufacturers are making a vigor-
GUS effort to retain the home market,
even In lines which they at one time ex-
pected to abandon.
The failures during the last week were
241, against 219 last year.
BRADSTREETS LETTER.
New York. April 9.-Bradstreets to-
morrow will say:
The volume OF general trade has
maintained the previous weeks lropor-
nd nj Inf a Oh,
worthy Increase as compared with the
total year ago. The reaction in petro.
leum prices appears TO have been over
come and the tendency Is again up
ward, based on drop in stocks from
about IL 000, 900 barrels of Pennsylvania
oil in January. 1884, to less than 5000,
900 barrels of merchantable oil. Sc
marked has been the appreciation II
price of petroleum that speculation hal
been excited. Further advances in quo
tations are noted also for wheat on i'm
proved demand for exports; cotton on {
wide consumption, present and prospec
tive. of print cloths and other cotton
goods. because of higher raw cotton
Bessemer pig iron, on the increase o
the cost of ore, coke and labor. an,
shoes and leather. on the further stiff
ening of the values of hides.
Exports of wheat from both coast
OF the United States this week uiour In
cluded as wheaD show a third week..
gain in succession. with the tota
amounting to 3.165.0 900 bushels. agains
2,934.000 bushels last week.
BANK CLEARANCES.
New York. April 19.-The following
table, compiled by Bradstreets. show
the total clearances at the principa
cities and the percentage of increas
or decrease, as compared with the cor
responding week last year:
Inc. Dec
New York. ...... ..... $685.. 227, 6u 16 -.
Chicago ... ...... 81 77S l43 10