The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1900-10-05
Trade Report.

New York;. G. Dun & Co.'S Week
ly Review of Trade for last week says:
Not Wall street alone, but the entire
business world watches the progress Of
efforts to bring about a settlement OF
the coal strike with active interest.
This week the paralysis OF the anthra-
cite industry was more complete than
last and the. effect was seen upon the
of merchandise in the east
and the placing of new orders with the
manufacturers. Coal advanced 20
cents above last week and many of the
larger companies refused to name
selling price. The strike involved about
$4,000 more miners and hundreds
of train men, but the working force
has increased largely through the set
Element between the Amalgamated as
ISOLATION and several steel companies
whose works employing 10000 have
been idle while only 1900 men were
affected by the shut down of the Sus-
quehana Iron and Steel company by
the strike. In the east the conditions
seem generally favorable for a quick
recovery from the strike over, while
in the west there has been no notewor-
thy reduction in the distribution of any
class of goods. Weather conditions
have been favorable for late crops and
farm work is progressing favorably ex-
cept for some damage to grain in the
shock in the northwest.
Aside from the expected reduction to
SIG for steel rails and sale of Besse-
mer pig at Pittsburg at $13.75, the
whole list of iron and steel products
is unchanged The feeling grows
stronger that the bottom has been
reached Taking the II articles quot
ed in our price tables it will be seen
that after an advance of over 100 per
cent in 1899 the prices have declined
only about 35 per cent this year, and
there is already a tendency toward a
higher level. One company is con-
sidering the purchase of 10000 tons
foundry iron and an export order for
| $500 tons of rails has been placed.
More coke ovens are in operation but
the price is unchanged.
Wheat again rose to SIC but failed
to maintain the advance. Corn for
|
vanced 10c above the price at this date
last year, or over II per cent. This
naturally disposed of foreign buyers
and exports for the week were only
10000 bushels, while for four weeks
S,476,546 bushels went out at Atlantic
ports against II, 155.904 bushels year
ago.
Wheat shipments from the eastern
coast We're 2,7S3,713 bushels (four in
cluded) against 3,92S,626 bushels last
year. In the cereals, as with cotton
outsiders do not purchase freely at the
current level of prices.
Another increase of 1910 cases in
shipments of boots and shoes from
Boston makes the outlook more encour
aging for that industry and manufact
urers are discussing a wide range of or
ders, which indicates that stocks of al
grades have reached a low point. Needs
are imperative in many sections. Job
bers at this city and western buyers
ask prompt shipment. After Ions
period of stagnation the present mod
crate volume of trade is most welcome
Leather is sharing the improvement
but the situation as to hides is rattle
depressing because of heavy curren
deceipts of cattle and the probabilit,
of still larger arrivals.
Sales of wool amount to about one
quarter of last years and 100 grade
quoted in the Philadelphia marke
show a declire of about half a cent.
Failures for the week were 204 il
the United States against 157 last yea