The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-05-18
CONDITION OF TRADE.
Frosts Hurt the Fruit, but
Grain Is Little Damaged.
WHEAT GOES UP FIVE CENTS.
Washington and California Crops in
Good Condition->peculatfv stocks
Lively, Merchandise Steady.

New York. May l7.-R. C. Dun and Co s
weekly review OF trade viii say tomor-
row:
The severe cold snap, with extensive
frosts, and in some states snow, has for
tunately done little damage 20 the great
crops, though much 10 fruit, but has con-
sideFably retarded retail trade. The best
news OF the week is the advance OK 10 per
cent IN wages in the Carnegie works
followed by the Jones & Laughlin estab-
hshment and evidently implying a SINH
lar advance by many other concerns. The
Illinois Steel Company is starting it's fur
naces without granting the demands OF
the employees. No advance has been
found practicable in the wooden markets.
where conditions a 5 10 prices and foreign
competition are ve~y different and about
i0.oso workers are stiII idle at OIneyville.
where the works should consume 81. 600
pounds per week. In other departments
or labor troubles are not serious. and the
demand for manufactured products in
creases
With material and steady enlargement
In domestic trade. there is still great want
OF employment In the interior for money
which comes hither. s, 5e0. 600 during the
past week, and which. with the millions
distributed by the syndicate on bond ac-
count, stimulates specula ton. Accord
ihgly. wheat has risen cents. although
the reports OF injury by frost do not ap-
pear, upon sitting, to concern any con-
siderable proportion OF the growing grain
Western receipts for the two weeks of
May have been 2.917, 800 bushels, against
250,eo bushels last year and Atlantic
exports s6s,0o0 bushels. against 4.5s5. eco
bushels last year being reduced by the
advance in price less than would be ex-
pected because OF generally current re-
ports of decrease in acreage With only
II laF- +f,a
In sight constitute a heavy surplus, II
not as some Western statisticians esti-
mate.
Corn has advanced only \ cent, being
apparently injured more than was wheat
but the acreage gives promise of a yield
OF 2.oOo, 600 0I0 bushels. Cotton is Is strong
er. Wool is remarkably heavy for the
past week at the three chief markets
$685., $50 pounds, and for two weeks Of
May II, Csc 80 pounds. against II, 767 80 In
the same week of 1892. the last year of
full demand In that year the sales OF
domestic were $685.. 900, and this year
5.6S. $50 pounds.
Bessemer iron has risen to sii.4o at
Pfttsburg, with gray forge to 1866. Fin
iShed products are In larger demand, but
as yet not enough larger to cause any
general advance in prices and proposals Of
combinations in merchant steel, struc-
tural iron. cast pipe, wire rods and cut
nails, Nlth the existing cConhination IN
steel rails show that the market does not
rise of itself.
Failures during the past week have been
FL In the United States. against 2l9 last
year. and 81 in Canada, against 20 last
year.
Bradstreet's Report.
New York. May 17.-Bradstreet's tomor-
row viii say: General trade conditions
throughout the country continue in the
main quite favorable. Activity in specu-
lative and investment circles has exceeded
that In merchandise lines, but gains made
in the latter have in nearly ali Instances
been retained. Wooden manufactures.
even with orders for several months TO
come. are not anticipating wants. as prices
with quotations at the seaboard, and
lower prices are looked for. Heaviest
transactions continue in Australians. Thu
weather has retarded shearing. Rhode
Island WOODEN manufacturers say the de-
mand Is largely for the cheaper grades.
Business at Pittsbusg has been stimuli
lated by the advances and greater activity
in iron and steel. but prices at Philadel-
Thia do not appear to have fully shared IN
this. The most noticeable improvement is
at Baltimore, being in dry goods and
shoes. Among Southern cities an improve
ment In trade is reported, and the outlook
is favorable.
on the Pacific coast California and
Washington fruit and grain crops have
been favorably influenced.