The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1900-07-28
Trade Report.

New Bradstreet's report for
last week says:
Improved crop conditions furnish the
keynote of the trade and price move
ment AS a result of them nearly all
staple agricultural products are lower
in price and at the same time a per-
ceptible livening up of demand for fall
delivery is noted at the west, north
west and south. The beginning of fall
trade is consequently more clearly Wis
ible in the sections mentioned, while at
the east the markets are slow to eX-
perience this improvement and are con-
sequently reasonably dull. Bank clear
ings as yet fail to reflect any percepti-
BILE improvement in distribution and
railway earnings, and though of large
volume, are, owing to comparisons be-
ing made with exceptionally good re-
suits last year, showing less notable
increases both in gross and net returns.
An increased cost of repairs, better
ments, fuel and wages are unitedly re-
sponsible for this latter feature. be-
cause gross receipts for later periods
reported show continued, though small,
gains.
Hog products have gone lower with
corn, as has also wheat, in which con-
tinued liquidation has been noted with
the result of inducing a partial return
of export inquiry banished from the
heavy rise On the basis of a crop Of
550,000000 bushels the outlook is that
an expert of 132,0OO,0O0 to $4,000. 900
bushels will be possible without redue-
ing visible and farm supplies mater
tally from the totals estimated held
on July 1.
Iron and steel prices are evidently
scraping on the bottom if reports from
leading centers of the cost of raw ma
terial and wages are correct. Besse-
mer pig at Pittsburg is on a s17 basis
with billets at $21, against respectively
$40 and S33 year ago, so that much
of the boom" prices have been cut.
Eastern and southern iron markets are
lower than a week ago, No. 1 northern
foundry being off 81 per ton and low
grade southern iron is accommodating.
A favorable feature is the increasing
number of inquiries from Europe. Soft
coal is going abroad, too, a cargo leav-
cred locally and higher on the week,
while copper is frmer. Anthracite coal
is steady and confidence in future
prices is notable
The textile situation is mixed one.
Present prices for raw cotton and fin
ished material do not harmonic. Chi
nese troubles have checked export
trade in brown cottOns. and a summer
shut down of mills producing these
goods and print cloths is looked for.
AL encouraging feature of the wool
market is the rather better inquiry for
raw wool at Boston, but manufacturers
will not apparently do much until the
light weight season opens. Advices
from London sales are that that mar
ket has regained most of the loss shown
early in the season.
Wheat (including flour as wheat)
shipments for the week aggregate g.
029,3 S1 bushels. against 2,091,S73 last
week. 3,40S,723 bushels in the corre-
spending week of 1899, 2,3O3,978 in
1898, and 3,O79,7 bushels in 1896.
From July 1 to date this season,
wheat exports are 7,87S,123 bushels,
against 10,43O,S6O bushels last season,
and 1912 1913 bushels in 1S9S-99.
business failures for the week num-
Der 202, against 221 last week. ia in
this week a year ago. 1873 in 1898. 227
in 1897, $50 in 1896 Canadian failures
for the week number 26, as compared
with 10 in this week year ago.