Elmore bulletin. [volume] (Rocky Bar, Idaho) 1889-1906, 1896-01-01
WEEKS REVIEW OF TRADE
Furry Of Last Week Checked
Business.
STATISTICS ARE DlSCoURAGlNG
Failures Have Increased as Compared
With Former Years-EuUTmous
Wool business.

New York, Dec. Pr. @. Dun &
company's Weekly Review OF Trade to-
morrow will say:
The failures of the fourth quarter
and the year OF 1895. not finished. can
not be definitely stated. but the aggre-
gate Of deferred libilities for the year.
while much smaller than in 1898. will
vary but little from that of 1894. The
years aggregate of commercial liabili-
ties Will probably be about $l70, 600
in manufacturing, over $4,000, 900 or 10
per cent more than last year, but in
trading about ssS, 900, 900 or per cent
less than last year.
The foreign and financial messages
of the president We're followed by vio-
lent reactions In stock last Saturday
with grave fears of monetary trouble
Suddenly checked business in many de-
partments and industries can not be
expected to show signs of Improvement
until the new year begins. Orders have
for months been so much smaller than
they We're in the summer when produc-
ton was expanding and prices mount
ing rapidly. that new causes of uncer-
Bessemer pig has declined Is cents at
Pittsburg. The Bar Iron Association
has reduced its price nearly to a rate at
which steel as well as iron bars are
actually sold and in most departments
this industry suffers from the specula-
tive advance in prices and production
of last summer. Minor metals are a
shade lower. Coke makers decided not
n "a hxr nd
a combination of Mesaba ore producers
is no longer expected. Anthracite coal
is selling at $6.4O in New York harbor
Wheat and cotton were depressed
by last weeks panic and have had a
little time to recover. Wheat receipts
continue enormous for the week, 3,749,-
072 bushels, against 1,712,900 last year.
and Atlantic exports (hour included as
wheaD, have been 7,267, $50 bushels in
four weeks of December, against T.
| 763, $50 last year. Russian and other
supplies are moving freely, official es-
Inmates are wholly forgotten and men
who predicted 81 wheat have disap-
peared.
Failures for the week were 322
against $50 last year"
BRADSTREETS REPORT.
New York, Dec. 27.-Bradstreet's to-
morrow will say:
"As is the rule in Christmas week, the
wholesale trade has been quiet. The
holidays, the close of the year and
stock taking tend to make business
slow and promise to make only light
trade until late in January.
Business failures in the country for
the complete year number 1903, an in
crease of more than per cent, not
withstanding this Is the second year
following the panic, in which, as shown
by the records, ii is usual for the num-
Der of failures to decline. The increase
of per cent in the number Is accom-
panied by a gain of 6 per cent in liza
bilities of those failing and the COM
mercial death rate, which averaged 20
in every 100 engaged in business during
five years from 1890 to 1894 inclusive and
ranged as high as 1.50 in the panic year
of 1898, down to 121 in 1894 has risen to
l.23 this year. Increases in the num-
Der of failures are at the west, north
west and in the middle states, the de-
| creases being shown in New England,
at the south and at the Pacific coast
THE per cent of assets to liabilities
has risen from SO per cent one year ago
to nearly 56 per cent, as contrasted with
65 per cent in 1898.
Exports of wheat fiour included as
wheaD from both coasts this week
| amount to 3.347, 900 bushels, against
| 3,0760OO last week, 1,S14.000 In the cor
| responding week of year ago. 2.O36-
| 900 two years ago. This weeks foreign
| shipments of wheat, flour included, are
the largest since the third week of
| January last"
WOOL REVIEW.
Boston, Dec 27.-The Boston Com
mercial Bulletin will say tomorrow, in
annual review of the wool trade
'Wool at the close of the year aver
ages cents higher per pound for scour-
ed than at the beginning. Boston has
| done the largest business in her history,
| the sales for the year being 230, IT'S
pounds, of which 154, 773 were domes-
tic and the balance foreign. This sur
passes even the large record of 1892,
when the sales were $780, 447, 800 pounds
| These sales represent actual transac-
tions. but as many of them are sales
TO spectators, the delivery movement
more accurately represents the con-
sumption. The total receipts of wool
in Boston were 577.377 bags OF domestic
/ against 51S,3l4 bags of domestic in 1891,
and 1923, ,9s1 bags of foreign against 102.-
366 bags foreign in 1894. The American
| clip in 1895 was but 294.256.726 pounds
against 1926. 5.2lO.712 in 1894.
"The latest treasury statistics show
we imported 211 ,057. .03S pounds of foreign
| wool IN the first ten months OF 1895
against s3.223.270 pounds In the first
ten months of 1884. Exports OF Ameri-
can wool were 4.775,3O3 pounds against
$40 pounds In the first ten months
| Of 1894
THE stock on hand In Boston is a.
6sl Gao pounds domestic and ii.s0s.000
! pounds foreign against %. .4i6.se0 pounds
domestic and 6.l75.500 pounds foreign at
this time last year. A complete can
yass Of every state and market In the
country shows total stock or wool on
hand OF lI2,6iA5e0 pounds domestic and
81 6s3. 800 pounds foreign against $685.
500 pounds domestic and 32.5ah.Sg0
pounds foreign last year"