The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1895-07-25
THE WEEKS TRADE.
Midsummer Brings Slight Signs
Of Dizziness, as Expected.
IRON is SILL ON THE BOOM
Numerous Advances In Wages, but
strikes Are Growing Larger and
More Important

New York. July 1s.-R. G. Dun &
Co.'S Weekly Review Of Trade tomor-
row win say:
The weeks news Is not entirely en-
couraging, but 1t IL all the more natural
because there are signs Of midsummer
dullness. Wheat prospects are not
quite 10 good as last week, but still
there are lower prices, as corn ana
cotton have been lowered. The ex-
ports of gold and the less favorable
treasury returns for July are not UNI
expected and mean nothing as to the
coming business. There is percept1ble
decrease In the demand for most man
ufactured products and the actual dis
tribution 70 consumers naturally less
ems In midsummer. Much OF recent
buying was to anticipate a rise In
prices, and such purchases fall Off when
prices have risen. There are still num-
erous advances In wages, but strikes
grow more numerous and important,
In part because business was unusual
~ large In the first half of July.
quiet tone meets reasonable expecta-
lions. The heavy bank failure at Mont
real does not AFFECT finances here and
Is passing there with much less disturb
ance than was feared. Gold exports
for the middle of July, when crops are
beginning to move, IL not meant to
AFFECT stocks, can at all events have
only 4 speculative Significance.
Orders have so accumulated In Iron
products that some works forego the
usual summer rest and eastern furnaces
are soon to begin blast. which will add
about 5000 tons weekly to the produce
ton. "A few quotations have advanced
gray forge and eastern bar, while Bes-
oemer pig II = shade weaker at Pitts
burg, but the averages OF all prices Is
per cent higher for the week and 1873
Per cent higher than February l. The
strike Of several thousand miners In
tho Marquette region may have i'm
portAnt consequences. Producers OF
nom Bessemer ore have sold largely for
tho future at prices so low that they
can not add to the cost or production,
and other mines in the northwest may
be affected. Minor metals are stronger,
with sales OF 100000 pounds of copper
up to II cents for lake and are very
firm IN spite OF a large visible supply.
Wool advanced in the first half OF
July an average Of cent for 104 quota
tions Of domestic by Coates Bros. OF
Philadelphia. and II now Z per cent
A1G,aoe than year Ago. The sales
\ naturally lessen, being 100000 pounds
over 13,ooo, 900 pounds for each OF the
two previous weeks. but the prices are
sustained by German and French buy
ln9 In the London market. Manufac-
turere do not support the advance and
arc buying only for immediate needs,
but holders who have taken for weeks
past several times the quantity con-
eumed, are stin.
Cotton mills continue to enjoy a
large business and several have ad-
vanced wages this week. but some
strikes OF considerable Importance are
threatened or In progress. The weaker
tone OF the material does not as yet
AFFECT the prices OF goods.
The failures for the week have been
~ against - last year.
BRADSTREET'S REPORT.
New York. July 19.-Bradstreet's to-
morrow will say:
All the previously reported favorable
tndustriAl and commercial features are
continued this week, the endurance o.
the revival In the demand for iron ane
steel. the further advances In prices o.
the same and additional increases o.
wages Of industrial employees being thu
most Significant. Merchants at almos
AL the larger cities are preparing t.
send out travellers, and until they begir
to exhibit results no exact estimate o
how tho fall trade Will open can be pre-
pared. At this time the outlook Is re
earded a. highly favorable. At Boston
Philadelphia and Baltimore, among thu
eastern cities, noteworthy gains In sale
OF staples are announced.
1.-The expansion OF Industrial activit.
1t Chicago, St. Louis, Louisville ant
Cleveland stimulates the distribution 0
merchandise, staples, generally. Coun
try buyers are present In usually larg
numbers.
Reports from southern cities shoy
further important gains this week, be
ing more marked than In a like perio
for months before. Country merchant
In South Carolina are much encour
ased with the crop outlook. as the de
mand IL fair and the prices tend ur
ward. Like reports come from Angus
Il, and in Texas cotton buyers have be
gun to make their presence felt. TIL
delay in the pay OF the sugar bount
checks the trade in the Louisiana suga
districts. The volume OF trade is smalle
1T Jacksonville.
Tho Pacific coast advioes are the
the California wheat crop is threshin
out poorly, but In the northwest til
prospects for crop are OF the bes
The total yield OF corn in the oountr
viii probably exceed even previot
large Views"
WEEKLY BANK CLEARANCES.
New York. July 1.-THE following tabl
compiled by Bradstreets', shows the tot
clearAnces at the principal cities and Il
percentage of increase or decrease
compared with the corresponding wee
last year.
Inc. DE
New York =. 49,. .$5S7, S4T, 967 s2.1 :.
Chicago S6,03S,6H 2o2 :.
Boston :. . $500. 1902 III .561 800 =.
Philadelphia :. 69147,664 1873 :.
St. Louis :. :. -. 2S542, 555 1873 =.
San Francisco :. :. A66S, i64 24.7
Baltimore :. .... l4.400557 81 >.
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