The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1900-03-10
review Of Trade.

r. q. Dun q Company's weekly ~
view Of trade for the past week says:
Beaidsa the ssl commercial failures
for SS,asl. 0Al, which are reported. there
were in February stx banking failures
for $780, sl, and receivers were ap-
pointed for the United States Flour
Milling Company with s26,000.0OO Of
stock and sl5.000,000 Of bonds author
ized at Its organization last April. and
for the Third Avenue Railway Gem
pany Of New York. after liens for sew
eral millions had been placed upon the
property. Unless separated from such
events commercial failures could not
be compared with beneh(. In most OF
the branches the compaIi sOn with pre-
vious years IL encouraging and analy-
sis brings out In strong light the re-
markedly low average Of liabilities In
the smaller failures which constitute
the great majority. indicating sound
business conditions and unusually sat.
isafctory collections.
The rise Of cotton to Ia cents. the
highest point since January, 1898, has
done much to stimulate business. draw
ing from southern plantations and
country towns more than double the
quantity marketed last year. dlstrtb-
uting millions to producers, whose pur-
chases OF supplies are thus Increased.
and swelling beyond all expectation the
purchases for export
HenVy selling OF cotton by people
who had none, but felt certain that 3
cents would mark the limit Of the rise.
had placed them quite At the mercy OF
holders. But the markets both for
goods and for cotton have been affected
all over the world and the country will
reap some benefit In q larger excess OF
merchandise exports over imports. The
market for goods has been pushed TO
greater activity though they have risen
} only per cent since the year began.
while material has risen over Is per
, cent.
. Except across the ocean. where
, events In South Africa caused nearly
all business to be forgotten. changes in
; the stock market rank next in financial
I interest to the rise OF cotton. II Was a
revelation OF the appreciation in which
American railway stocks are held u
see them strongly supported. with the
, Third Avenue falling to about so. and
Flour Milling dismissed to the hands
! OF receivers.
Z A small rise In wheaI. though the
. price Is quite low. spfiiced To call from
! the farms +.l05.66l bushels. against 3.
. 1854 last year. so as TO indicate thai
9 supplies are not nearly exhausted. Ell
: ports from Atlantic ports were small
4 OF the past week (hour included). only
4 1906. 3s6 bushels. against t.09s, 9s4 las
Z year. and In four weeks from both
!, coasts exports have been 1888. ss(
. bushels. against l4.s23.373.
E The decline In hides at Chicago con
e tlnues. being over per cent the paa
e week. and . per cent from the highea
point in December. Leather has de
3 cllned only per cent from the hlghss
e point and part Of II only in exception
[ ally large transactions. presumably
. meant to be private. Boots and shoes
!. have yielded little and many dealer,
/ ended their eastern trip without buy
|, ing. and intend to walt until April. a
they did last year. when they paid rath
D or less than the price asked In Febru
a airy.
Corn rose 3-4c during the past week
= while wheat declined lac.
The iron and steel Industry CONTINUES
. the greatest weekly output ever known
' even while men speak Of II as wAltinl
! for more definite assurances about tn
future, Prices OF Jig yielded a littI'
: Blllets have been sold at s33 At Pitt,
' burg. For most finished products price
are stronger than a week ago. bars an
4. sheets being strengthened by large bus
!. mess, while only plates appear weaker
t2i being quoted for sizes not the wid
= est
o Coke Is scarce and higher 10 spit
/. Of the largest output ever known. AM
q. the wages OF hands have been raise,
a IL l-2 per cent to the highest ever paid
n Failures for the past week have beer
! 222 In the United States, against 49,
. last year. and Is In Canada, against q
|. last year.