Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1895-07-19
A BUSINESS FLOOD
Volume Is Remarkably Large for
This Time of Year.
MILLS RUNNING FULL BLAST
Prices in Many Commodities Go Birhs,
and Sales Are Beginning to
Alarm Conservatives.

New York, July 1R-R. G. Dun & Co.'S
weekly Review of Trade tomorrow will
say:
"A business flood. 50 strong and rapid
That conservatives fear it may do harm
Is out of season in July, but the seasons
this year lap over and crowd each other
May frosts and frights. it is now evi.
oent' Kept back that heavy business
that would naturally have been finished
before midsummer. and the DELAYED Az
emulation of one season gets in ths
way of the efforts to begin another on
time. But the volume of business. how.
ever 1t may be assured, is remarkably
large for the month, even in n good
year. The exaggerated fears about
crops nave passed. the syndicate Is be-
'ieNeu 10 be both able and willing to
protect the treasury, and the time draws
near when the marketing Of new crops
VIII turn vast sum into the national
balance If the speculation in the mean
time does not hinder.
Cotton has not changed. though
speculation still turns wholly on cron
prospects, regardless Of the enormous
stocks carried over. The weekly output
Of iron was 71,194 tons, having risen
1890 tons in June, and where furnaces
nave gone into operation since July
the output rose and has put into opera
tlon many additional works, and there
is rush to buy before the prices furth-
er advance. Influential manufacturers
are sending out warnings that the rise
may easily do more. and the prices, in
tact, have advanced nearly per cent.
in two weeks. but are 10 per cent lower
than in October 1894 The demand for
structural iron is enormous, including
1000 tons for No. Broadway, and as
much more here and as much more In
Chicago on smaller orders Bessemer
pig has advanced to $145O at Pittsburg.
and wire nails to $1.55 higher than In
october, 1892; gray forge to $1125
structural beams to $3.50, and angles to
s1.35. Copper is sitter at $40. 70 and lead
at $3.S7, but tin is slightly lower at IA
cents.
Wool is still advancing with enor-
nous sales, 49, 900 for the week, and
in two weeks of July 26, 497, GA pounds,
rs against 11,9S6,55O in the same week
of 1892. AS the sales are about four
times the weekly consumption, it is ex-
pected that the market is essentially
speculative. but the rise abroad has set
the country ablaze so that western hold
crs are asking even higher prices than
heretofore. But buying by most manu-
facturers is already affected. and at the
prices now asked for wool some manu-
facturers are doubling whether a cor
responding value for goods can be real
lied.
BRADSTREETS REPORT.
New York, July 12.-Bradstreet's to-
morrow will say:
AT the close of the second week in
July the condition of trade generally
remains practically unchanged, al
though commercial and industrial &C
tiVity at many points continues more
conspicuous than usual at the midsum-
mer season. The prices generally con-
tinue strong, the exceptions being
among the cereals, hog products, coffee
and lead, while as significant as any,
thing else are the exceptionally favor
able outlook for trade in the fall and
the encouraging promise for the wheat
and corn crops throughout the central.
western and northwestern states.
AT Atlanta sales of hardware are
larger. but those of dry goods, shoes
and groceries are smaller. New Orleans
reports only fair volume of business.
less than expected. AT many of the
cities through out the west and north
western states merchandise markets
point to the dullness incident to the
first half of July. though at all points
the outlook for the fall trade is reported
good. At Chicago the volume of bus
mess Is heavier than expected at this
time; collections are good, and the crop
market is favorable. st. Louis, Kansas
City and Omaha all report a fair vol
ume of business, prices hardening, and
an expected favorable crop outlook. On
the Pacific coast the trade continues
favorable. The construction of the SIN
Joaquin Valley railroad is accelerat1ng
business in many directions.
Eastern wheat engagements at San
Francisco leave that port bare of tom
mage.
Portland, Or, reports prospects, Of a
good fall trade and Improvement in the.
salmon CATCH"
BANK cLEARANCES.
New York, July 1.-THE following
table, compiled by Bradstreet's. shows
the total clearances of principal cities
and the percentage of increase or de-
crease, as compared with the CORE
spending week of last year:
Inc, Dec