The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1902-01-03
TRADE SHIWS PROSPERITY
DUN's WEEKLY TRADE REVIEW.
Expenditures for GIFTS Are Ample
Proof of Prosperits--Irade In
same Instances II over 100 Per
Cent Better-The south shows Les.
Gain~-I'rom Dradstreers Report.

. New York, Dec. 30.--R. G. Dun {
Co.'S Weekly Review OF Trade says
!. If any evidence was needed of tn,
e unparalleled prosperity with which
this nation has been blessed Gu ins
l. the past year the expenditure fol
e Christmas gifts and decorations should
n be ample. Distribution OF Christmas
I goods among the employees of largs
firms and corporations was on a large
i scale. often the increase over last
4 year amounting to 100 per cent. while
I the pront sharing at the end of the
a year will reach an unprecedented fig
ure. 1t is now noticed that the south
/ eTn trade shows less satisfactory gains
: over last year than at other sections.
which is not surprising. as the prin-
, cipal product OF the south has av-
eraged from IS to SO bale less than
! year ago. while the quantity thus far
marketed shows no commensurate in
crease.
Following closely upon the inter
ruption by floods and storms last week
the transporting and manufacturing
facilities were further handicapped by
numerous accidents. Iron furnaces
and steel mills were tied up and the
movement of coke was hampered.
This resulted in much insufficient sup
plies of fuel that many stacks We're
banked at time when full activity
was especially desired. The situation
as to coke Is more critical than at
any previous time this season. The
output in the Connellsville region has
been at a record-breaking pace for a
month or more, but stocks accumulate
at the ovens because motive power and
cars cannot be secured. Pig iron pro-
duction is no longer at the high mark /
recorded when December opened and /
with fancy prices for fuel 1t Is natural /
that Bessemer sheets advance.
Business In wholesale drygoods has
been interrupted by holiday influence
and stock taking among jobbers. Cot
ton goods ruled quiet, apart from the
demand for conyerters, which was on
liberal scale. Cotton mills are sold
ahead for several months as a rule
and there is no urgency to make new
contracts. especially in view OF the
uncertain raw material.
Wool is strong and tending upward.
with a good demand not only from
mills and dealers. but on speculative
accounts. Stocks are closing the year
in much better condition than at the
start. exceptional consumption having
made large inroads Footwear shops
are actively engaged and are shipping ,
much more heavily than year ago.
Leather and hides are strong but COM /
paratively quiet
A decidedly high price level has been /
In the leading cereal /
staples. with option trading of good {
despite the double holi- !
lay at the produce exchange. Wheat Q
most OF the recent moder-
ite decline. supported by a fairly /
steady demand. Notwithstanding the /
high level OF quotations as compared il
With earlier years. exports for the p
week, from all ports Of the United -
States. including -four. amounted to h
'.540.972 bushels. compared with q 4
1904 bushels a year ago. and q q
17.01s bushels two years ago. In 81
erior receipts were light and -four Al
Mills have been handicapped by the
orn shortage which made II difhcult
o bring in raw material, OF take out
he finished product. b
Failures for the week number ESQ n
n the United States against 237 last Il
ear. and 20 in Canada against is II
asst year. ca