The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1900-09-21
TRADE REPORTS.

~ w I'JlNN.- GDOll
for last week says: Expanding de-
mand at advancing prices in many
lines of trade finds its chief exemplar
in the market for raw cotton winch |
has witnessed the greatest excitement, |
heaviest trading and largest gain in |
price for at least a decade. Rarely |
if ever in the history of the trade, as
conducted on modern lines, has the
interest displayed on the product been
greater and the manufacturing inter
ests of the world find the situation a
perplexing one, while the prospects of
large profits to producers are stimulat-
ing all lines of southern trade. Eng
/ lish spinners who are reported very
generally short of supplies, are con-
sidering drastic methods OF meeting
the requirements. In American cot
ton markets the situation from being
buyers market a short time ago. is
now reversed and sellers are in po
sition to dictate terms. So suddenly
has the outlook as viewed by the trade
generally changed, however, that man
ufacturers are unable or unwilling TO
define their exact position or if they
accept new business, do so on dis
tinct basis of cost of new supplies.
Maximum cotton-crop reports of past
years are low, dealers are apparently
panic stricken and predict famine
stocks for the end of the year, even
with reduced consumption.
Most food prices are either firm or
higher on the week, wheat being ad-
md
bad weather at the northwest, proved
by the low grade of much of the re-
ceipts. Corn is in good demand, with
scant supplies of old crop and pork and
lard sympathize Herewith. Raw SUI
gar is still scarce and higher on the
week and coffee is fractionally high
er. Among the great products that
are lower are butter and tea.
Print cloths are out of the market at
old prices and southern cotton yarns
have advanced. Wool is still rather
weak and the demand for spring
| weight mems goods is still disappoint
ing. The predicted anthracite coal
, miners strike is almost the only unfa
vorable feature of the industrial stu
alton.
The iron and steel situation has not
: materially changed, and irregularity
in demand and prices is still fea
n ture Rather more talk is heard of the
influence of election uncertainties up
on future trade and certainly some ad
= ditional weakness is felt at the leading
/ pig iron markets, while on the Other
hand finished material is more firmly
!. held. Examples of this are afforded il
l. the weaker tone of pig iron at Philadel
phia and at Birmingham and in the
/ placing of Bessemer pig on $14 basis
at Pittsburg On the other hand some
i large sales of pig are noted at Chica
go at so cents advance and $4,000 tons
Il of plates have been placed at that city
y of firmer rates, while bars are active
and higher. Wire products are report
c ed we'll cleaned up and stocks are light
More is doing in bars at other western
n points. Hardware is in good deman,
y and a good fall business is likely
- The outlook as to steel rail prices il
+ unsettled but lower quotations arr
h looked for.
n Wheat (including four) shipments
, for the week aggregate 4,665,9S2 bush
els, against 1855, 290 bushels last week
j 4,536,556 bushels the corresponding
a week of 1899, 1856, 29O bushels in 1898
6,289, $40 bushels in 1897, and 3,56S,42'
n. bushels in 1896. From July l to dat
n this season wheat exports are S4,9S3,34
bushels, against 42,O12795 bushels il
n 1S9S-99.
# Business failures in the United
States for the week number 297, agains
j. 154 last week, 149 in the week yea
h ago. 11S in 1898, 169 in 1897, and 81
i in 1896.
= In Canada failures number a. a
O. against 26 last week. % in this week
s year ago, 20 in 1898, SO in1S97, and A
in 1896.
h. PORTLAND.-Whe Walle
56057c; valley and bluestem, $4,000
l. TACOMA. - Wheat-steady; blue
re stem, 6915c; club, 5619c, both for e2
of | mort