Kootenai County Republican. (Rathdrum, Idaho) 1899-1903, 1901-02-01
TRADE REPORT.


New York; G. Dun & Co.'s Week
ly Review Of Trade for last week Is as
follows:
Rarely was more business in staple
and in manufactured goods at practi-
cally unchanged prices than during the
seems to have marked the climax Of the
enormous dealings at figures which
have become familiar. The heavy
trade in pig iron at better prices. the
larger distribution of dry goods at
a firmer range of quotations and the
rush to secure prompt delivery of boots
and shoes, all indicate that business
may have escaped one Of these weary
readjustments of prices which have
proved often so trying in recent years.
Jobbing trade in the interior is good
and collections continue excellent.
After week of quiet conditions,
partly due to uncertainty regarding
competition among leading interests.
the iron and steel industry has taken
another long stride forward. The fea.
ture was enormous buying Of pig at an
advance to 1925 at Pittsburg. This
sudden activity in the raw material re.
moved fear that stocks might be &C.
cumulating at furnaces and gave some
idea of the heavy contracts for finished
products taken by the mills In some
directions there Is less foreign inquiry,
although an unusually heavy shipment
NJ hi1latS want n G1ocUnvy DC
Of rails have not ceased. Freight rates
to the seacoast are still considered ex.
cessive by manufacturers and there Is
more inclination to push domestic bust.
ness on this account. Arbitration Is
expected to prevent suspension of work
at the furnaces, where a strike was
threatened on February /. Pooling Of
coke interests outside the Connellsville
region is being discussed but the quail.
ity has always been inferior and sales
| only effected at concessions.
Further development is seen in foot.
wear and manufacturers are receiving
ample orders. Shipments from Boston
thus for amount to 335,432 cases
| against 3S0963 in 1900. Leather has
been irregular In demand, although pri.
ces are steady. Hides at Chicago fluc.
tuated widely, with more grades sold
at concessions than advances.
1t is difficult to find encouraging fea.
lures in the wool situation. Sales for
the week at the chief eastern cities
were 100000 smaller than the proceed.
ing week. and in four weeks the aggre.
gate is only 13.275.7O0 pounds against
21.504.7 700 pounds last year. Not only
Is there an utter absence Of speculative
operations, but purchases by manu-.
facturers are restricted to require
ments for orders on hand Domestic
quotations have not hardened in sym.
pathy with the better prices obtained
at London. while few sales are re.
ported at moderate concessions. Hopes
for the future are based on indiffer.
ence OF dealers and growers to sell at
current prices, but present heavy
stocks will be augmented in a few
months by the new clip.
Staple products have moved within
narrow limits. little attention being
given to varying estimates from Argen.
tina or reports OF damage in the north.
west through insufficient snow. Des.
pite the advance in prices over those
prevailing year ago, exports of wheat
including -four. from Atlantic ports for
the week. were 2.5ss.SlS bushels
against 1.644.l4s last year.
Failures for the week were 3Os In
the United States against osl last year,
and 10 in Canada against 50 last wear.