Elmore bulletin. [volume] (Rocky Bar, Idaho) 1889-1906, 1895-07-31
No Cessation to the Remarkable
Impetus Given to Trade.
WHEAT AND STEEL ARE RISING
sales OF Wool Have Besn Enormous aud
Prices Universally Have Ten
deney 10 GO Higher.


Weekly Review Of Trade will say to-
morrow:
1T Is not the season for the tide OF
business TO rise. but there Is perceived
scarcely any shrinkage except that
which comes naturally with midsum-
mer heat. The volume OF new business
is small, compared with recent months.
but large enough TO encourage more
openings OF long-closed works and more
advances In returns to labor. Import
ant strikes show that the advance is
not enough for some. but the strikers
seem not more threatening than week
ago.
Accounts OF shrinkage in the Yield
OF wheat come from both the Pacific
states and from the Dakotas II would
| be a strange and unnatural July with
out such reports. and yet they have
weight enough this year To lead even
the most experienced to reduce some
what their estimate of the yield, while
the price has advanced 3H cents.
Prices OF iron and steel products
still rise. the features this week being
the startling advance OF so cents a keg
for nails for various sizes. which IL II
stated makes the advance equally
greater. Angles are also a shade high
Il NAt anu OAfti EittfE EtfUnEl1 UiNlIl-
tained. Bessemer pig does not advance
although the Carnegie and one other
company have been buying about i40.-
600 tons. which Is supposed TO fore
shadow large contracts for rails. In
the first half of 1898 orders for rails
were Ti5.o0o tons. against SOC. 900 tons In
the first half of last year: and a good
many smaller dealers appear at Chi
cago. Otherwise there Is distinct
halting I'm the new demand. though
| nearly all the iron and steel works are
crowded with orders for some time to
come. Prospects that other furnaces
with a capacity of 5000 tons weekly in
the east and as much in the south will
begin to blast within the coming
months of 1896 hinders further rise I'm
| pig.
| Copper has again advanced 20 $li 80
contracts having been made this month
for 20.o00.000 pounds, and lead and tin
are both strong.
Textiles have a better outlook, with
larger demand for cotton and woolen
goods. shade advance In print cloths
and in most bleached goods and a hope
ful market for lightweight wool. which
Is scarcely advanced beyond last years
prices. and on the whole selling better
The enormous sales OF wool. 44.T7s. .s64
pounds in four weeks, against 220. .275 In
1892, far exceed the actual consump-
ton. but reflect the belief that the
prices win not decline. and the few
changes this week have been upward
/ The scarcity OF domestic wool in the
eastern market Is in part due 10 heavy
speculative Withdrawals.
Failures for the week were zoe
against 2ss last year"
BRADSTREET's REPORT.
| New York, July 26.-Bradstreet's to-
morrow will say:
THE most striking features OF the
business OF the week are the influences
OF improved crop prospects and contin-
ued large demands for iron and steel,
with one of the largest makers in the
market as a buyer of Bessemer pig
Most OF the commercial and Industrial
features of the preceding week are re-
tained. Commercial travellers are be-
ing sent out in all leading lines, and
/ reports from those on the road appear
/ to meet expectations.
'aThe strength of the wheat market
based on reports of damage TO the
| spring wheat. and the great falling off
| of receipts at primary markets, IL fol-
lowed by q drop In the quantity of
| wheat exported this week"
/ WEEKLY BANK CLxEARANCEs.
New York. July &.-The following table
compiled by Bradstreets. shows the total
ciearances at the principal cities and the
percentage of Increase or decrease as COM
pared with the corresponding week OF last
year;