The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1895-07-18
A BUSINESS FLOOD
Volume Is Remarkably Large for
This Time of Year.
MILLS RUNNING FULL BLAST
Prices in Many Commodities Go Higher
and Sales Are Beginning 10
Alarm Conservatives.

New York, July 12.-R. G. Dun & Co.'S
Weekly Review of Trade tomorrow Will |
say:
"A business flood, so strong and rapid |
that conservatives fear 1t may do harm, |
is out of season in July. but the seasons |
this year lap over ana crowd each other. |
May frosts and rights. it is now evil |
dent, kept back that heavy business
that would naturally have been finished |
before midsummer. and the delayed ac- |
emulation of one season gets in the
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 good
year. The exaggerated fears about
crops have passed, the syndicate is be-
lieved to be both able ana willing to
protect the treasury, and the time draws
near when the marketing of new crops
will 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 crop
prospects. regardless of the enormous
stocks carried over. The weekly output
of iron was 17i,194 tons. having risen
1890 tons in June, and where furnaces
have gone into operation since July l
the output rose and has put into opera
ton many additional works, and there
is a 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
fact. have advanced nearly 6 per cent.
In two weeks, but are 10 per cent. lower
than in October, 1894. The demand for
structural iron is enormous, including
5000 tons for No. Broadway, and as
much more here and as much more In
Chicago on smaller orders. Bessemer
pig has advanced to $l4.50 at Pittsburg,
and wire nails to $1.55 higher than In
October, 1892; gray forge to $ll.25;
structural beams to $3.50. and angles to
$1.35. Copper is sitter at 5000 and lead
at 1887 but tin is slightly lower at II
cents.
''The week has been notable for sem
sational fall in wheat of cents in two
days. followed by a recovery of cents.
though 1t records no Interpretation of
the quiet. disregarded government re-
port.
wool is still advancing with enor-
nous sales, ~, TAG 900 for the week, and
as against II 9S6,550 in the same week
of 1892. AS the sales are about four
times the weekly consumption. 1t is ex-
pected that the market is essentially
speculative, but the rise abroad has set
the country ablaze so that western hold
ers 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.
1.-THE failures this week have been 1853.
against 247 last year"
BRADSTREET REPORT.
New York, July 12.-Bradstreets 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 ac-
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 plOullSe LOT lne 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 a 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 San
Joaquin Valley railroad is accelerating
business in many directions.
Eastern wheat engagements at San
Francisco leave that port bare of ton
mage.
Portland, Or, reports prospects of n
good fall trade and improvement in the
salmon catch"
BANK CLEARANCES.
New York, July l2.-The following
table. compiled by Bradstreets, 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