Kootenai County Republican. (Rathdrum, Idaho) 1899-1903, 1901-08-09
TRADE REPORT.

sUo0e n6POnts
Bradstreet's report OF trade for las,
week is as follows:
Copious rains throughout the west
ern half Of the country have had the
expected effect of inducing a more
cheerful tone and the feeling is more
hopeful than it was a week or two ago.
Rains practically insured a large
spring wheat crop, although the dam
age done appears to have been serious |
Judging from the strength of the corn
market itself and the advices Of heay.
liy reduced yields, which are reiterated |
from the sections affected. Bradstreet's
advlces point to the early corn crop
as practically a failure in the leading
surplus producing states west of the
Mississippi, but late corn undoubtedly
has been saved and as time elapses es.
inmates OF production are being raised.
FROM the rest OF the country trade ad.
wees are in the main quite cheerful
ana despite the intense heat and drouth
Oh July an extraordinarily large bust.
ness appears to have been done, which
Is reflected in the bank clearings for
tina: month.
Pacific coast crop advices are also
better although shipping activity is in.
terfered with at San Francisco by a
strike The northwest will rcoduce
crops largely in excess Of last year, and
heavy fall trade Is anticipated in that
sect1on. The poorest advices natu rally
come from the central west and south
west. but 1t IS significant that points
like Kansas City report that cancella-
| lions have stopped and that the out
look is much better. The wooden mills
are filled with orders for fall delivery
and the spring weight season has op-
ened encouragingly. Wool is being
taken in liberal amounts by manufac-
turers and is firm, as is also London
market. at which buying for America
is reported liberal.
Prospects for the ending of the steel
strike and the better tone of crop ad-
vices have made the iron and steel
appear cheerful. For the first time in
some weeks special activity is noted in
the cruder forms, due to the buying of
10000 tons of Bessemer and basic pig
iron by the largest single interests.
Finished products are as active as ever
at all leading markets. Bar mills are
reported filled up with orders to the
end Of the year.
1t has been another weather market
for the cereals. Following the break
of last week, however, wheat and oats
appear to have diverged from corn
prices. The natural reaction due to
liquidation has weakened wheat, aided
by good spring wheat crop reports, rec
ord breaking receipts Of new winter
wheat and the turn in the tide Of the
visible supplies which have begun to
increase after steady decreases for six
months past. The foreign crops appear
no better and reiterated advices Of
damage to the French crop come thi;
week, color being given to this by the
continued active export demand.
Oats have weakened with wheat and
flour is also weak and lower.
Wheat (including -four )shipment:
for the week aggregate 6.463,391 bush
els, against 6,974,626 bushe els last week
1927 03 in the corresponding week o.
1900; 4,711,614 in 1899 and 4,111.31.
in 1898.
From July 1 to date the shipment!
) aggregate 26,20O,372 as against 1862,
500 last season, and 17,255,914 in 1899
1900.
. Business failures in the United State!
for the week were 166 against 1919 las
, week, $50 this week year ago, 15t
in 1899, 189 in 1898 and PA in 1897
Canadian failures for the week mum
Der 1S against 80 last week, and 20 il
the week year ago.