The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1895-11-14
TRADE is UNCERTAIN
Controlling Power Is the Effort to
Adjust Prices.
AND PREVENT THE DECLINES
Largo Reeeipts OF Wheat Have Caused
That Quotation TO Drop-Bank
Clearance Table.


company's Weekly Review OF Trade,
which issues tomorrow. will say:
1t has been broken week, and just
before and after elections in the most
important states operations rarely have
much significance. Business may be
largely affected in time but yet there
is scarcely any indicat lions what the
effort will be. The controlling power at
present is the effort to readjust prices
after the remarkable rise of last sum
mer in important materials and prod
ucts, and the struggle of great combin-
atoms to prevent decline.
The purchase of competing plants
give the S. II. c. Friclx Company the
ownership of IL. $50 out of 1884 coke
ovens in the Connellsville region and
practically control of more than three
quarters, and an advance in the price
OF coke to ~ is expected, as the Carne-
gle company has been buying up sup
plies at low prices for months in ad-
vance. Yet the price of Bessemer pig IS
lower, sl4.75 at Pittsburg, and billets
are lower because there is scarcely any
demand for rails at the combination
price. Structural contracts are now
few, and the demand for wire and wire
nails has been curtailed by the nail
trust advance of price, 17.6 per cent in
four months.
Large western and eastern orders for
cars help the demand for bar, but fin
ished products are generally sold below
the quotations, which are now lower
than they were two months ago. Cop
per is shade weaker, at $1175 for lake,
with slow buying; tin. a fraction low
err, at s14.55, with the visible supply a.,
672 tons, against 49, 1877 year ago. And
lead is trifie lower, at 1888 The An
~ .<.4t 4. ~.
make higher prices.
Many wooden mills are closing to
wait for orders though the demand Is
fairly satisfactory for some dress goods
and worsteds, and Washington mills
open clay worsteds at 10 cents advance
But the prices of these and most quail
ties of woods are still uncertain. for
manufacturers do not know yet what
they have to meet.
The reaction from speculative prices
of wool abroad and the stiffness of
speculative and country holders here,
reduce Sales but stocks of foreigners
here are very large
Wheat falls back with great reluc-
lance from its summer rise of zoe. but
has declined IL cents for the week;
western receipts being S,019,910 bushels
against 3.S45.022 for the same week last
year.
Corn comes forward largely, receipts
being more than double last years, and
nearly million bushels went abroad.
The rapid marketing of supplies of
wheat from Russia and Argentine ana
the larger exports of corn from this
country, both tend to lessen the future
demand for American wheat.
The failures for the week were $50,
against 261 last year.
7BRADSTREET'S REPORT.
New York, Nov. S.--Bradstreets to-
morrow will say:
The interruption to general trade
throughout the country incident to the
election, has been emphasized by UNI
usually mild weather, which checks the
demand for clothing, heavy weight tex
tiles and other seasonable goods. job
bers in almost all large distributing
centers report that orders now received
are largely of a filling-in character Elk
cept for iron, steel and cotton the larg-
er portion of advances in the prices OF
commodities reported since last March
has disappeared. Early anticipations
of continuous advance in prices and de-
mand this year, the outgrowth of activ-
ity of two or three months ago. have
met with disappointment. There is lit
tie room, however. for the reaction In
sentiment by many who discuss bust
ness conditions. Every wave of in
creased demand since the tide began to
rise In March has resulted in a new
gain. The sentiment of traders gener-
ally Is that the outlook promises an
active spring trade, and that the holt
day season will prove satisfactory
The feature of the business week
among larger eastern cities Is an inn
proved demand for textiles. with in
creased strength in iron at Pittsburg
for the recent reaction.
BANK CI.EARANCES.
New York, Nov S.-The following table
compiled from Bradstreets shows the total
clearings In the principal cities and the
percentage of increase or decrease, as
compared with the corresponding week
last year:
Inc. Dec.
New York :. ... S617. 1893 OO3 234 M