The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1900-09-14
TRADE REPORTS.

TRADE REPORTS.
New York.-R. G. Duns Weekly Re,
view of Trade for last week will say:
The volume of business does not ma
terially enlarge at the east and there is
only moderate improvement at the west
and south, but if expectations OF great
activity when politics cease to disturb
are realized current operations will be
found to have laid a substantial foun-
dation. The most important event of
the week in the industrial world was
the agreement on the tin-plate wage
scale with the Amalgamated Associa-
ton, granting about per cent advance
to 5000 hands long idle. Other metal
workers disputes are nearing a settle
ment, while the Borden purchase of
100000 pieces of print cloths at 27k
cents clears up the Fall River market
and is believed to preclude serious
wage differences there.
Prices of grain are little altered good
crop reports coming in freely, but the
effect is being neutralized by the for
elgn estimate of a worlds crop below
requirements. Wheat stocks carried
over were ample to meet the discrep-
ancy and traders do not seem able to
advance prices more than cents over
last years price for wheat and 6 cents
for corn. This difference is apparently
satisfactory to growers, as 7,43O,372
bushels wheat were received at interior
cities in the first week in September.
against 5,945,697 bushels last year. Ex-
ports from Atlantic ports amounted to
only 1,902,540 bushels of wheat (four
included) against 2,90O950 bushels a
year ago. The Atlantic shipments of
corn made better comparison than in
recent weeks, 2,927,O79 bushels against
3,O51,56O bushels last year. Cotton is
strong in the face of a larger yield than
in recent years.
Iron and steel products increase and
the mills are actively employed. Octo-
Der 1 is mentioned as the probable date
of a general resumption. 1t is signif-
cant that ship yards on the lakes and
the Pacific coast are full of orders for
eight months or more. AS to pig iron,
the outlook is no better. In spite of a
decrease in production to 331 us tons
weekly, according to the Iron Age, fur
mace stocks have increased to 594,21S
tons, a gain of S9,S77 during August,
but the increase on the demand was
noteworthy until August Is. Railroads
have refused to make reduction in
freight rates, which it was hoped
would increase exports. Bessemer pig
and gray forge further declined 81 per
ton at Pittsburg, although no change is
reported at other points. Copper con-
tinues firm with electrolytic higher at
1889 bid, and tin advanced moderately.
Last weeks shipments of boots and
shoes from Boston were only 70,345
cases against 1927 IN the previous
week, and for the year thus far the de-
crease compared with 1899 has amount
ed to 254,315 cases.
Sales of wool at the three chief east
ern markets declined to 1888, 900 lbs.
against 4,234,SOO lbs. in the previous
week; 9,225,2OO last year. The dull.
ness was not accompanied by any pro
nOunced weakness, although Coates
Bros circular for September 1 made
: the average price to 2O3s for all grades
against 2015 cents a month earlier
In the wooden goods market there is
rather a deceptive appearance of great
er activity. The bulk of the business
in new lines recently put out substi
tute for standard goods and lower
price.
Failures for the week were las in the
United States against 1872 last year, and
"a in Canada against 10 last year.