The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-03-24

Buslness Not ON . Firm Das1e-Mss-
chants Afraid Of Cougrsss.

Business Not on . Firm Basis-Msr-
chsnss Afraid Of Congrsss.
NEW YoRK. March 23.-R. q. Dun 4 Co. .
weekly review OF trade viii say: Its per-
picking to b obliged to report that bust
ness grows larger in volume and at the
same time not more profitable. Uncer-
4ainty does not diminish. but has rather
increased, in tho judgment OF many COM
nercai bodies which have urged the presi-
dent to veto the ssigniorags bill. Prices
Of commercial securities do not rise, but
are, on the whole. about Is per cent. lower
than last week. though then the lowest
known In this country, and 1913 per cent.
lower than year ago.
More mills are at work. though the pro-
portion Of produ force unemployed is
still from . fifth to third In different
branches of industry and many mills are
stopping because their orders have run
out, while . larger number are starting
with orders enough for time. The start
Ing of four furnaces by the Illinois Steel
Company and one other at Pittsburg in
creases the output of iron. and some large
sales have been made at the lowest prices
~. reported. with indications OF continued
demand for structural work. and especi-
ally at the West, while. on the other hand.
the demand for wire OF various forms.
which led the way to improvement. seems
TO slscken, aud nails are said 10 be selling
lower than ever, below I cent A rejuc-
ton of ~ cents in freigh,s from Pittsburg
10 .idewater only adds ~ Western, while
IL takes from Eastern business In the
minor metals business - little larger,
bat at the expense OF further decline TO
ss cents for Lake copper. while tin is
steady and lead shade higher.
The demand TOR cotton goods IL fairly
large but with reduction of prices of
some grades, and the accumulation of
print cloths continues. A large auction
sale Of silks brought fairiv satisfactory
prices. Sales of wool for three weeks have
exceeded last years by s.s per cent.
though the transactions this month last
year were about - per cent below the
average There is more demand for such
Wool a. il needed in the msnufacsars of
underwear, dress goods and wo~sted suit
sngs Fine fieeccs are almost unstable.
Ohio being quoted AZ - cents CARPET
manufacturers buy sraringiy, though
about half their machinery 10 active.
Wheat, cotton and pork have declined
little, wheat making another record. a
saade below 20 cents at New York. West
srn receipts are i,sass7s bushels. AGAINST
2.SaS 20 last year, and exports only LOIS
30 baskets. against I.ssa. sd last year.
allowing that even at current prices the
grain is not largely wanted abroad
Germ was cent stronger, With
Western receipts of .s.Anss Bushels.
sxasns, !, ass. So last year. Cotton receipts
ssem the plantations are again larger than
las, year. 10 the disgust Of she prophets,
Who have told Of ''perpsndieaiar drors
ever since January.
The alton Of the trouble IN brasti
creas up trade in coffee which Is re-
ported very large. bat prices are As yet
steady.
Cattle are low abroad almost eeyond
Precedent. The exports are retarded
Failures for the week ending March IN
Involved liabilities of only s. ass.sis. and
Ter two weeks of March only 81. >ss,iie OF
Which s. IN. 80 were OF manufacturing
sad s., So. Is9 Of trading concerns sons
deferred reports viii further swell the
aggregate. hat a. San Francisco the re-
samp,ions reported nov exceed tue 'a''-
oFes. A number Of railroad reseisershlps
a.e noticed. though none Of Importance.
xhs .A..sres this week number ~ IN he