The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1900-06-09

reefs weekly report SAYS:

BradstreetS weekly report says:
Readjustments of price quotations to
meet the changed condition of supply
and demand are still the leading fea-
lures of the general trade. In volume
the business doing is of a between sea-
son character, improvement in some
lines being counterbalanced by increas-
ed dullness in other branches. That
the basic conditions of the trade are
in the main of a favorable nature, how
ever, is proved by the continued good
railroad earning returns which come
to hand. The fact seems to be that the
volume of business offered the trans
portation interests of the country con-
tinues considerably in excess of a year
ago. Crop reports are relatively most
favorable as regards corn and oats. In
the southwest wheat crop prospects are
still maintained at high average. In
the northwest wheat has been helped
by late rains, but owing to their late
arrival it is not certain how much ben
eft was obtained thereby
Most prices are lower on the week,
wheat noting a fractional drop, de-
spite unfavorable French crop reports,
where an enormous reduction in yield
is predicted, and also rather blue re.
ports from the northwest early in the
week, mended in some respects by the
rains mentioned. Pork products have
sympathized with the downward ten
dency Of values, aided thereby by in
creased receipts of hogs
Soma fttr+bor Jir,,idotiO,, boe boon
noted in cotton, and the price has sunk
to &c. In textiles the situation is rath-
er depressed, although some improve
ment in recorders for dry goods is not
ed at leading jobbing centers. Print
cloths have been marked down by the
Fall River committee, but this is mere
ly a tardy recognition of hitherto
known facts. Manufacturers of wooden
goods are out of the market for raw
wool, and the outlook at present favors
the light weight woolens opening at
lower values. Boots and shoes are
dull, and a number of eastern factories
are short of orders.
The hand to mouth domestic demand
for iron and steel continues, but the
number of small orders received is TAX
en- to indicate that consumers are prac-
tically bare of stocks, and any general
shutdown for a months time, such as
is proposed, might lead to a scramble
for trade supplies.
Export business continues good, al
though limited by scarcity of freight
room. Southern pig and steel rails
note the most inquiry. The situation
in the pipe market is no better, and
plates are weaker Concessions of
fractions of dollar are apparently cas-
lily obtained for pig iron, but through
out the trade the feeling is rather
more cheerful, the feeling being that
lower prices will on the one hand en-.
courage consumptive demand, and on
the other hand tend to restrict produc
ton by less economical plants. The
settlement of the wage situation this
year might also be possible source of
restriction of production.
Wheat (including -FOUR shipments
for the week aggregate 4,533,14O bush
els, against 9,69S,96S bushels last week
3596,065 bushels in the corresponding
week of 1899, and 5,247, OS5 In 1898.
Since July 1 this season the exports
of wheat aggregate 182,916,596 bushels
against 217,065,374 bushels last year
and 216,145,055 bushels in 1898.
Business failures for the week in the
United States number 1876, as compar-
ed with 1877 last week, 120 in this week
a year ago, and ITS in 1898. Business
failures in Canada for the week mum
Der 81, as compared with II last week,
Is in this week a year ago, and 81 in
1898