Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1897-01-29
LOWER PRICES AND LOWER wAcre
More Business, However, Repo...
by Commercial Agencies.

by Commercial Agencies.
New York. JAM 22.-R. g. Dun's Weekly
Review of Trade tomorrow will say:
There Is more business, though no. a,
better prices. 1t is interesting that alm...
all prices which change at all are lowor
| than week ago, ana yet business is un-
question ably larger. There Is larger nro-
duction, but as yet not as much Increase
in consumption, and there Is larger buv-
ing Of materials, but at present only he-
| cause better prices are expected in the fu-
ture. A few conspicuous failures during
the week have had no material influence
The market for securities Is slightly
stronger. and yet there Is very little doing.
Tie number of hands employed, all indus
tries considered, Is slightly larger than a
week ago, with adverse changes In The
rate Of wages. All apprehension of for
| eIgn disturbances Of the money market
has passed away, but there is still great
caution in making loans. 1t is a mistake
to reckon these as symptoms Of depres-
sion. On the contrary, In spite Of the low
er range of prices in important indus.ri
the conditions all indicate larger proiuc-
ton and consumption increasing not
as yet large, but steadily.
The heavy buying of wool mentioned
last week has continued with smaller con.
Germs participating, and is understood to
be In anticipation of expected duties. The
| sales at Boston alone amounted to Il, $685.
900 pounds Quotations have not changed
as yet, although western holders are quite
stiff.
In the minor metals a stronger tone Is
general, and with an output OF 1859 tons
in the United States and 1856 In other
lccuntries, which Is larger than in any 9TH
er month since July in other countries,
and, except in October, larger than in any
lother month since March last in the Unit
ed States, copper Is stronger at $12. Lead
has improved little. with $307h asked,
and tin Is steady at $13Q14. with a strong
err market at London.
The iron industry Is engaged In settling
relative prices. and the SLOW operation re-
tards business in many branches, since
the future of prices Is uncertain.
Failures for the week have been 200,
against 81 last year.
Bradstreet's Report.
New York. Jan. %.-Bradstreet's to-
, morrow will say:
The most encouraging feature Of the
, | trade situation this week Is the increased
demand from manufacturers for WOOL
The decision Of print cloth manufacturers
to curtail the output will emphasize re-
cent sales of the heavy surplus stock and
promises better market. To these may
, be added the increased volume of domes
, tic bank clearings, a general steadiness
of prices and the healthfulness of gen
eral trade in almost all departments
, conservatism in granting credits and the
preference by retailers and others to buy
oftener, but In small quantities. continu,
to mark the course of business as not be
fore for years. Demand Is increasing
t in almost all lines with few exceptions
although very slow. radical improve
II ment in the near future, based on a SLOW
but healthful increase in the consumptiv
+ demand Is. In the absence of unforesee
obstacles, almost certainty. Prices ap
r pear to include few If any that are high
er than a week ago, while flour, whea
d corn, lard. crude petroleum., tin an
q bessemer pig iron and steel blllets ar
4 | lower.
a Wool remains firm at practically ur
changed prices, but Is likely to advanc
a If the present demand continues.
: Leather Is also unchanged, as Is ais
!. lumber cotton, print cloths. pork, coffe
+ and sugar.
= An unusually long list Of business en-
barrassments continues a feature of tn
q state of trade Of the week. the total fc
,e the past six business days being 429, c
Is 40 less than last week, So more than In tn
ID week a year ago, and III more than 1
d | the corresponding week of 1895.
Bank Clearance Statements.
New York, Jan. 22.-The following table
} compiled by Bradstreet's. shows the tota
clearances at the principal cities, and tn
II percentage of increase or decrease, a
compared with the corresponding week c
1t last year:
l. Inc. De-
2 New York ................$5 1885, sol. 26S 90 -.
ar Chicago ............ 7s.30e.s76 .... TO-