The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1895-06-20
PROSPERITY GROWS
Industry, Trade and Commerce
Are FIourishing.
MORE MONEY BEING LOANED
Trade Reviews Arc of Most Encourag
ing Character and Indicate
Splendid Year.

New York, June AR. G. Dun &
Co.'S Weekly Review of Trade tomor-
row will say:
TT is no longer a question whether
business improves Not for a long time
have our reports from all parts of the
country been SO uniformly favorable.
The daily average of bank clearings in
June was 24.8 per cent. larger than last
year. though ia per cent. less than in
1892. The most potent influence has
been the receipts of the more favorable
advices regarding growing crops. Labor
troubles are getting out of the way,
wages in many establishments are ris-
ing and the iron industry is Just now
leading. There is general Improvement
in manufactures. Monetary conditions
also help. The time draws near when a
good crop report will bring the gold
hither and though foreign operations
in stocks and bonds have been insignifi-
cant this week. the effect of previous
transactions has not been exhausted.
Much diminished receipts of money
from the interior indicate better en-
ployment in business, especially at the
west, and the volume of commercial
loans steadily rise and is now fair for
this season, even in good year.
1.-THE western receipts for two weeks
of June were 3.116.680 bushels of wheat,
against 3.O51,2O2 last year, while At
lantic exports (iour included) were only
1854, 347 bushels against 4,630,227 last
year.
THE official statement of IA per cent
decrease in the cotton acreage was
found. In view of the revised govern
ment estimates for the year. to mean
more than 20,000,000 acres now growing
cotton, which much exceeds the best
unofficial estimates.
1.-The output of pig iron June 1 was
but trifie larger than May 1-157, 224
tons against 1864 a month ago, and
174,022 a year ago. The advance in the
prices continue. Bessemer pig reached
$12.40 and grey sold for $1,000 at Pitts
burg and the changes in all iron prod
ucts show an advance of 81 per cent.
this month and 1873 per cent from the
lowest point in February For this con-
servative industry rise of 26 per cent.
In Bessemer iron seems large, but 1t is
compared with 35 per cent. in cotton,
60 to 70 per cent. in leather, so per cent
in refined oil and over 100 per cent. in
hides. All those products were at the
lowest prices ever known and remark
able gains were to be expected when
any came, but with each consumption
has yet to justify advances"
| The failures for the past week have
been 241, against 232 last year.
BRADSTREETS REPORT.
| New York, June 14-Bradstreet's to-
morrow will say:
THE recent check to activity In gen.
eral trade, taking the country as a
whole, which followed the severe and
| unusual frosts of the close of May,
! has begun to register itself in rela-
| lively fewer upward spurts of prices
| for staples and moderately smaller
| totals of bank clearings The cereal crop
scares which followed the frost fright
| ened foreigners out of Wall street for
the moment, and since then specula-
tors, exchanges and leading CONNER
cial houses have been busy trying to
determine future values on the basis
| of present conditions.
1.-THE exception in the halt is found
| in the remarkable exhibition of
strength by iron and steel, which,
without special orders from railroads
and other large consumers, have again
advanced all along the line. Exports OF
wheat (flour included) from both coasts
and Canada show surprising decrease
the total amounting to only 1871, 1877
bushels. against 1891 900 bushels last
week. There have been few changes in
the trade situation at the south, but
these are in the direction of improved
demand, principally in dry goods, shoes
hats and other seasonable goods, with
prospects for a good fall trade, should
crop prospects remain as at present
WEEKLY BANK CLEARANCES.
New York, June 14.-The following ia
ble compiled by Bradstreets. shows the
total clearances at the principal cities Of
| the United States and the percentage OF
increase or decrease. as compared with
the corresponding week of last year:
Inc. Dec
New York ............ .s546. 12s. $40 27.5 80.