The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-09-29
rHE .KxvrvAl" ysEr nKlEr.


Foreign ~ 0A0s3 Et1Fe0 Are
10 Sqnesxe the Americans
NEs Yogx, Sept Is Bradstrse:'s to-nor-
rov will say. The feature Of the general
trade throughout the country is found IN
moderate reaction during the week. more
particularly in the volums OF purchases
Of staples by the West, where trade mas
been quite active, and AZ Eastern points
the week failing 20 show any upward
movement Of note in this line. and In the
check 10 business South. together with
damage to the rice and orange crops.
Leading iobbers as distributing points,
who for month past have reported re-
lativeiy most favoranly concerning the
course of Observation-Disclosures, 81 Louis.
Nashville and Chicago-send modified adj
vices as to the activity and bright outlook
Wheat has made anolher Lowest price,
and Indian corn and oats have both de-
clined. Sugar and coffee record lower iig-
ures. and another lowest price Cor cotton has
had an unfavor.bie influence on the tone OF
business at important Southern markets.
particularly in view of the activity OF the
receipts of that STAPLE. Bessemer pig iron
sales show loss of IS per cent. and steel
billets almost ~ much. Standard brands
of forge iron. West and South. show like
depressions, and the trade admits that the
production hss exceeded the consumption.
The conspicuously Irregular prices are for
lumber. il being favorably active but low
At Minneapolis, but sitter at st. Louis, in
contrast with advicss from Chicago and
elsewhere. Leather is fairly firm and in
distribution dry goods, shoes. millinery
and notions lead.
Exports of wheat, and -four as wheat,
both coasts of the United States and
Canads, this week have fallen of some,
amounting to 2.562, 900 against g. 900
bushels last week, and 8 AS, 600 bushels in
the week year ago. Two years ago the
total was 100000: three years ago.
3. 400. 900, and four years ago, l.59a.o0
bushels.
London wool sales have proved disap-
pointing to those who predicted or antici-
pated heavy purchases for the American
market and q rapid advance in prices On
this side. quotations ara Oft 1 cent, fieeces
particularly being weak. There is better
trade in territory and Australian. Dis
tribution of dry goods from Eastern points
has declined, on the slackening of all de-
mand. Little confidence il placed by
buyers in the higher prices for cottons,
due to strikes of the operatives, and print
cloths are weaker. Domestic wool manu-
facturers report an active present business,
but none in sight for spring, with competi-
ton keen between foreign and domestic
mems wear woo.ens. General trade is
quiet at Boston in all lines, but Baltimore
jobbers are advised by travelling statesmen
Of fair business. Philadelphia manu-
facturers of cotton and WOODEN dress goods
are well employed. but orders for groceries
have fallen of. At Pittsburg the volume
of business is fair. but prices tend lower.
and there is less request for iron and steel.
Trade reports from leading centers in the
Dominion of Canada tell of great improve
nent. Jobbcrs at Toronto report business
equal to expectations. especially in dry
goods and hardware.
There seems to be no disposition on the
part of the large financial interests to take
the initiative in bull movement. The
public remains indifferent. and London
limits its transactions in Americans" to q
simple scalping for small profits on ex-
ceedingly limited lines of stock. Il is in
deed stated that the disorganized and un-
favorable conditions which prevail in such
companies as Reading. Atchison and
Northern Pacific constitute bar to any
immediate revival of confidence or interest
on the part of the foreign speculative pub
lie IN our securities. Efforts to depress
portions of the railway share list were I'M
successful. and in spite of the somewhat
favorable view taken by the street of the
Reading reorganization plan, the declines
were either of a limited character or were
quickly recovered from in whole or in
part.