Elmore bulletin. [volume] (Rocky Bar, Idaho) 1889-1906, 1895-09-04
lncreasee in Business May Be
Carried Too Far.
A GREAT YEAR is EXPECTED
Labor Outlook and Railroad situation
Make Prospects Beyond the
Most sauguiue Hopes.

New York, Aug. 5o.--h. q. Dun q
company's Weekly Review OF Trade
will say:
Improvement In market and prices
continues. and where q few months ago
everybody was nursing the faintest
hopes OF recovery. II has now come to
be the only question In what branches,
IL any. the rise In prices and the in
crease OF business may go too far. A
strong conservative feeling is finding
expression. not controlling the market
or industries. but warning against a
too rapid expansion and rise. In some
directions the advance In prices clearly
checks future business. But encourag-
ing features are still powerful. Exports
OF gold continue. but are met by syndi-
cate deposits and are expected to
cease soon. Anxieties about the none
tary future no longer hinder
Crop prospects, except for cotton.
have somewhat improved during the
week. Important steps toward the re-
organization OF great railroads give
hope to investors. Labor troubles are
for the moment less threatening and
some OF Importance have been definite
ly settled. The Industries are not only
doing better than anybody had expect
ed. but are counting upon a great busi-
ness for the rest OF the year. The ad-
vance in prices OF iron and its prod
ucts has added about 81 per ton more
in a single week to the price OF Besse-
mer iron at Pittsburg. and yet the great
steel companies are buying wherever
they can. while the air is full of reports
that this or that finished product will
further advance. Many OF the ablest
men deplore this rapid rise. saying that
II may expose some branches to for
eign competition, and urge that con-
sumers begin to hesitate. But the va
rious combinations which now control
many iron products have so success
fully lifted prices thus far that the mar
kets seem to lack the restraint OF indi-
vidual caution, and meanwhile holders
OF large quantities purchased for future
sale or delivery want to get all they
can for them. The demand, whether
on old or new orders. appears large
enough to sustain all advances yet
made, and strikes of ore handlers and
Marquette miners cause fear that SUD-
piles OF Bessemer ore may run short.
Copper has been so far advanced that
large quantities of American are COM
ing back from Europe, though the price
is held at si2.25 for lake.
Lead Ia still at s3.52h, though the
production In the FIRST half of 1895 was
105.s70 tons. with increasing stocks
from si6s tons In January to s5li tons
I'm July.
Coke Is demoralized. with sales at
$i.10 per ton.
Wool has been speculatively hoisted.
so that sales have fallen below last
years. in August amounting to 2s.20o.-
400 pounds. against 25.soo.000 last year
The failures for the week have been
1ss. against 1876 last year.
BRADsTREETS REPORT.
New York. Aug. s0-Bradstreet,s to-
morrow viii say:
The concluding week Of August sur
prises even the most optimistic with a
striking increase In the volume of busi-
ness with Jobbers in staple lines at
such centers as New York, Baltimore,
Boston,. Chicago. ST. Louis. Kansas
City. Sc. Paul, Minneapolis, and TO a
great extent at distributing points I'm
the south Atlantic and Gulf states. In
dry goods. millinery. shoes, hats, cloth
tAA6 anu 6fottAtE1 tHt autumn QSma0Q
Is making itself felt. with the prospect
for further development in the imme-
dfately succeeding weeks.
All winter lines of goods have felt
an improved request and manufactur-
ers and tobbers are prepared 10 handle
large fall trade. Even at the south,
where recovery from the effects OF the
late depression was felt latest. jobbers
In dry goods. hardware and groceries
announce the receipt of many orders
for September delivery.
WEEKLY BANK CLEARANcEs.
New York. Aug. so.--The following
table. compiled by Bradstreet's, shows
the total ciearances at the principal
cities and the percentage of increase or
decrease as compared with the corre-
| spending week OF last year: