The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1900-06-23

Bradstreets report for last week
says: Measured by recent records
and recollecuons OF business activity. |
the present "between-seasoE" dizziness
seems specially bad. and the reaction
airy movement of prices makes trade
look worse than it really is. Judged
by such indicators as railroad tariffs
and statistics of foreign trade, the vol
ume of business is considerably larger
than year ago, when, it will be recall
ed, trade was cheerfully active. Ii is
true, bank clearings are considerably
smaller than last years clearings,
which undoubtedly included much of
a character this year almost wholly alb
sent, and yet outside of the metropolis
bank clearings are heavier this year
than last.
The cereal markets have held the
bulk of the advance shown last week
on the strength of bad crop reports
but foreign recognition of conditions
here has not sought the direction of in
creased takings. The acreage remain
ing in wheat is little below that actual
ly harvested a year ago, and owing to
the favorable conditions in the south
west and on the Pacific coast, the gen.
eral average on June 1 is better than a
year ago, but spring wheat, owing to
lack of rain, promises much less fav-
orable results.
Wool was dull, and on the whole,
weak at the east, while good prices
have been secured in the west. Manu-
facturers are not buying because their
business is not active, and lower weight
for the next lightweight season for
mems wear goods are predicted tho
leading mill agents will guarantee
prices as late as October.
Lower prices of iron and steel have
not met expectations of causing reduc-
tion in output and increased stock,
though the latter feature apparently
has been magnified because supplies
of high grade pig iron are still scarce,
particularly so in the south. On the
other hand, low grades are in plentiful
supply, with little demand.
Further shading of pig iron quota
lions are reported east and west, and
the possibility of a % per cent restric-
tion of production is reported. Under
consideration of leading iron produ-
GERS, significant feature is the ex-
pressed desire of large ore consumers
that deliveries be held back. Rails
and structural steel are still well held
but there is talk of a reduction in pri-
ces for the latter product. The other
metals are dull, and on the whole,
weak.
Wheat (including -FOUR shipments
for the week aggregate 4,67S029 bush
els, against 4, 230,221 bushels last
week; 2,794,4 All bushels in the CORE
spending week of 1899 and 4,396,7S9
bushels in 1898. Since July this sea-
son the exports of wheat aggregated
191, S24,9S2 bushels against 218,022, 1892
bushels last year, and 225 ,272,S1S bush
els in 1S97-98.
The failures for the week in the
United States number $50, as compar-
ed with 1874 last week; so in this week
a year ago, 2O7 in 1898, 226 in 1897 and
265 in 1896.
Failures in the Dominion of Canada
number %, as against 20 last week; 25
in this week year ago, Is in 1896, "a
in 1897 and 35 in 1896.
Metal.
New York-Silver certificates 60
Gle; bar silver, 60ssc; Mexican dollars
1850.
San Francisco-Silver bars, 605sc;
Mexican dollars, 4S19 & Acc.
London-Bar silver, q 11-16d pei
ounce.
New York-The market for metals is
rather quiet with a weak undertone
Gables showed no material change
from the previous days closing. Til
in the local market was held at $30.7E
with sellers at this figure at the close
Lead-Continues unsettled at 1921.
and $.7715.
The brokers' price for lead was $3.50
and for copper $16.50.
Copper-Dull and unchanged on the
basis of $3.50.