The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1896-01-02
WEEKS REVIEW OF TRADE
Furry of Last Week Checked
Business.
STATISTICS ARE DiSC0URAGlNG
Failures Have Increased as Compareo
With Former Yesrs-EnUrmous
Wool business.

New York, Dec. 2L-R. G. DUN q
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 Utilities for the year
while much smaller than in 1893, will
vary but little from that of 1894. The
years aggregate of commercial liabili-
ties will probably be about $17O.OOO,OOO
in manufacturing over $73.00O,OO0 or 10
per cent more than last year, but in
trading about $SS,000,0O0 or per cent
less than last year.
"The foreign and financial messages
of the president were 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 were in the summer, when produc
ton was expanding and prices mount
ing rapidly that new causes of uncer
tainty have more influence.
Bessemer pig has declined 25 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
to fix the prices except by months, and
combination of Mesaba ore producers
is no longer expected Anthracite coal
is selling at s640 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,-
or bushels, against 1,712,900 last year,
and Atlantic exports flour included as
wheaD, have been 7,267 260 bushels In
four weeks of December, against T.
763.690 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 1922
against $50 last year"
''ae<h)o iNASiIi - MEL UNI.
New York, Dec. 27.-Bradstreet's to-
morrow VIII 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 1908, an in
crease of more than 2 per cent, not
withstanding this is the second year
following the panic, in which, as shown
by the records, 1t is usual for the num-
Der of failures to decline. The increase
of per cent In the number Is accom-
panied by gain OF per cent in liza
bilities of those failing and the com
mercial death rate, which averaged 1.2O
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 1.21 in 1894 has risen to
1.23 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 Sc per cent, as contrasted with
65 per cent in 1898.
Exports of wheat Qlour included as
wheaD from both coasts this week
amount to 3,347 900 bushels, against
3.076,000 last week. 1.S14,000 in the cor
responding week of year ago, 2,Os6-
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. 73O 775
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 1870. 447 500 pounds
These sales represent actual transac-
tons. 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 5lS,S14 bags of domestic in 1894
and 32S,9S1 bags OF foreign against 1O2.-
1866 bags foreign in 1894. The American
clip In 1895 was but 294. 256. 726 pounds
against 25,210 712 in 1894.
THE latest treasury statistics show
we imported 211 ,057. 03S pounds of foreign
wool in the first ten months of 1895
against S3.22S,27O pounds in the first
ten months of 1894. Exports of Ameri-
can wool were 4,775.sOS pounds against
S49.5l0 pounds In the first ten months
of 1894
THE stock on hand in Boston is a.
$4,000 pounds domestic and II. sos. 600
pounds foreign against 80. Az. 500 pounds
domestic and 6,175.500 pounds foreign AT
this time last year. A complete can
vass of every state and market i'm the
country shows a total stock of wool on
hand of 112,e14.500 pounds domestic and
81, $4,000 pounds foreign against %. $685.
500 pounds domestic and 32.545. 500
pounds foreign last year"
WEEKLY BANK CLEARANCES
New York. Dec. N.--rhe following table.
compiled by Bradstreets. shows the total
clearances at the principal cities. and the
percentage OF increase or decrease. as
compared with the corresponding week
OF last year:
New York ......... $685.. 5s7. 1888 SOS -.
q NHH