Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1895-07-05
STIMULUS TO TRADE
Improvement IN All of the Great
Staples.
IRON LEADS IN THE ACTIVITY
General Business on the Pacific Coast
Continues Good, With Large
Exports of Wheat.

->tW IOTk, to-
morrow will say:
THE dominating business conditions
or the week are the continuation of a
large demand for and further increase
in prices for iron and steel. The jump
In rail prices anu scar city of any higher
quotations for plates and nails have
tended to produce a temporary scarcity
Improving wheat conditions have
finally convinced many in the trade that
there are likely to be 100000 bushels
harvested in the United States this year.
There are few evidences OF trade from
the south. but merchants from almost
all the leading cities in that region re-
port that the demand continues very
moderate. and collections slow.
General business on the Pacific coast
continues in contrast to that elsewhere.
Increases are reported in several lines
from Seattle, where glass factory Is
to be built, and importations of British
tin plate have been received. Relatively
less activity is experienced at Tacoma.
Portland reports that the Oregon fruit
crop will be large, but there Is no
change in the general business situa-
ton. Wheat is being exported from San
Francisco as fast as it can be loaded in
ships. Wheat and flour shipments to
Europe are to be resumed from the mills
at Vallejo. after a suspension of one
year.
THE only changes ives. and north
west are continued improvement in ce-
real crop conditions and stimulus to
business by the continued firmness in
the demand for iron and steel"
r. C. DUN'S REPORT.
New York, June 2S.-R. G. Dun & Co.'S
Weekly Review of Trade tomorrow will
say:
Business is better. although the crop
outlook affecting prospects beyond the
near future are little less distinct.
There Is more ground for doubt about
winter wheat and cotton than a week
ago, and threshing receipts are compar-
atively low, though the prospects for
spring wheat are exceedingly good. The
price is a quarter of a cent lower for the
week, and is beyond mistake too low, If
the latest impressions of injury to win
ter wheat are correct.
Cotton has fallen 3-16c to To- in spite
OF reports of serious injury by rains in
Texas and Louisiana. A light buying
by northern spinners surprises the mar
ket, for their takings have been more
than enough to supply consumption.
and returns show a great decrease in
exports of cotton goods.
Speculation has even spread to the
wool market and with an advance of
about lie in prices the sales have been
the largest ever known for any week
4.O17.9OO pounds, against 3,S36, 600 in 1892
In four weeks of June the sales have
been 16, 132, 465 pounds domestic and A.
451, 500 pounds foreign. but in 1892 they
were 13.s4O,75O domestic and 1912, 500
foreign. A growing belief that the do
mestic clip Is short, and an idea that
coming London sales beginning July 2
will show higher prices, have been more
potent than a little increase in the man.
ufacturing demand. and the price has
risen at all markets. Light weights and
mixed goods hesitate and some are low
er than year ago. but since the WASH
ington mills opened clay worsteds are at
slight advance. Other medium and
better grades have been stronger in
tone. The labor troubles are passing.
with frequent advances in wages
Copper has been strengthened by the
large sale of Calumet & Hecla for ex-
port at $10.75, which is now quoted,
while tin is slow at $10.45, and lead at
$3.77k. Iron still advances, Bessemer
selling for $3.50 at Pittsburg and grey
forge at $11.S0. A further advance in
structural forms is expected. The west
ern demand for steel rails at the ad-
vance of 81 per ton is quite good The
rise in bar is maintained, and plate and
sheet mills are crowded, so it is difficult
TO place orders at current prices.
THE half-yearly report of failures
next week will include about $500.
against 1893 for the first half of last
year. and asests Of about $8S, 900, 900.
against $101. 007. 152 last year"
WEEKLY BANK CLEARANCES.
New York. June 2S.-The following
table. compiled by Bradstreet's, shows
the total clearances at the principal cit
les and the percentage of increase or de-
crease, as compared with the corre-
spending week last year:
Inc. Dec
New York ssh, 305. 204 453 80
chicago $3.50. ...... S5.137, $50 1915 49,
Boston 800. ....... 90. 346,S 46 1913 -
Ill lzr.-