Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1900-09-29
TRADE REPORTS.

says
The uufavorable turn given the in
! dustrial situation by the strike of the
anthracite coal miners and the posi-
! bility of wage disputes in the iron
trade with rather less activity in the
| latter industry and some increase of
weakness in the prices of cruder forms
| have given an appearance of irregular
| ity to the general trade and business
situation. On the other, hand, the
! course of staple prices has been very
generally upward this week; fall dis
trlbution of dry goods, clothing, hats
and millinery have been of large vol
ume at nearly all markets; there is a
| decidedly better tone noted in the boot
and shoe and kindred trades, and the
strength of cotton goods, though ap-
parently in excess Of that shown by the
raw material, has been regarded as In
dicative of confidence on the part of
manufacturers. The premature open
ing due to the hot dry weather is re-
sponsible for part of the heavy move
ment OF cotton to market, but back of
this, of course, is the desire to profit
by the exceedingly good prices ruling.
The rush of receipts has been too much
for the bull movement, however and
prices are materially lower on the
week. Raw cotton and cotton goods
have parted company as to prices this
week. The rush of buyers to secure
stocks has advanced print cloths, ging-
hams, bleached goods, prints, and in
fact nearly all classes of cottons, while
materially reducing stocks in hands of
Jobbers. Most manufacturers are re-
fusing to take orders ahead except
on the value" based on the cost of
raw material. A little more is reported
doing in raw wool, but it is mostly to
supply current needs of manufacturers.
and no large amounts Of wool can be
moved except at concessions The
spring business in mems woolens is
still disappointing. Reports of dam
age to grain in shock in the northwest,
reinforced by northwestern buying at
Chicago, furnished by the key to the
advance of nearly 2 cents in wheat this
week, followed by gain of zoe to 25c
in flour and of 1Ac in corn. Some
OF this advance in wheat was afterWard
lost in releasing. Other farm products
were higher, pork and lard advancing
on better export business, and butter
and cheese on improved weather.
Iron and steel are rather quieter as
whole, and some weakness is noted
in southern pig and steel billets at
Pittsburg. On the other hand, finished
products are as rule firm and bars
are to be advanced 81 at Chicago. Elk
Port inquiry continues good, but the
high ocean rates and the scarcity of
any kind of freight room renders the
outlook uncertain. In the meanwhile
American bars and plates are undersell-
ing Scotch goods at the latter points
of production. The next week will
probably see final action taken as to the
remaining wage scale as to which de-
pressing reports are current.
In the general metal market the fea-
ture was the collapse of tin prices, due
to the reports of the smashing of the
tin corner.
Wheat (including flour) shipments
for the week aggregate 3,355,857 bush
els against 4,665,9S2 bushels last week,
4,640,765 bushels in the corresponding
week of 1889, 5,224,927 bushels in 1898,
5,7oS,S25 bushels in 1897 and 3,93O,406
in 1896.
From July to date this season
wheat exports were 3S,519,69O bushels
against 46,643,560 bushels last season
and Al, 694,01S bushels in 1S98-99.
Business failures for the week In the
United States number 1873 as against
1877 last week, LAT in this week a year
ago, 1872 in 1898, 237 in 1897 and 321
in 1896.
Canadian failures number 81 as
against rs last week, Is in this week a
year ago, 10 in 1898, 35 in 1897 and "a
in 1896.
PORTLAND-The wheat market is
still showing considerable strength and
the selling movement continues heavy,
not, however, without exporters forcing
prices above the actual value based on
existing freight rates. Fifty-seven and
one-half cents was bid to-day, and there
are reports that fraction more was
paid east of the mountains for Port
land delivery. The mills are paying
Gle for valley. Bluestem is steady at
coo and Gle per bushel
TACOMA-Wheat-Half cent lower;
bluestem, 5913c; club, 561ac.