Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1895-07-26
WHOLE NUMBER 1854
The Business Outlook.
POst-Intelligencer.

hS ANOl III C6tClh LUUtOtTUtuH
says that the conditions of business
and industry are very much like they
were in the summer of 1879, preceding
the remarkable revival which the au-
tumn of that year witnessed. Then
the reaction came so quickly that al
most before the people were aware OF
it good times were upon them. There
had been just such period of liquida-
ton as we have been experiencing
and a period of very general econo-
mizing. This had much the same ef-
feet upon business as good physic
and careful diet have upon the hu-
man body when it is out of condition.
The Lumberman says:
This season, as in the like season OF
1879, forces are at work preparatory to
the ground swell in business that will
come in the fall. The Improvements
began after last falls elections, and
especially at the opening of the new
year. It was not at first observable
on the surface, but it was working out
form and results in the secret meet
ings of the financiers, directors of cor
porations and in the counsels of all
who control great interests. Asspring
approached, one after another manu-.
facturers started up their plants, as an
experiment, in many cases. This
gave employment to increased num-
bers of people, and that put money
into circulation and stimulated gen.
eral trade. There was a marked re-
vival in iron industries, for it was
discovered that the supply was
very low. Then came a rise of prices
of iron. sudden and considerable
This started up iron mills and fur.
naces which had been long idle, and
caused new demand for fuel that il
employed in iron manufacture. Ad-
vances in wages of iron workers fol.
lowed, which was another distinct
gain toward general prosperity; for
the people must earn money before
they can expend it>for the necessities
and comforts OF life. Poor trade al.
ways goes with lack of employment
for the wage-earning masses. Increase
in d, mand for leather and leather
goods, come of the textile fabrics, ma
chinery, betting, oils and general mill
outfittings caused an advance OF
prices, which was more gain toward
good times. Thus we have been work
ing along toward a full measure oil
prosperity, waiting only for assured
crop results before venturing to throw
off restraints of caution which have
held the business of the country with.
in prescribed lines.
A feature OF the revival of times
our contemporary adds, will be a ca,
famine. Severe damage has been
caused in some localities by storms
but there is expected to be an unprece.
dented amount of corn, spring wheat
oats, barley and rye to be moved
Traffic managers are looking forward
to a blockade OF grain and live stock
in the early fall. This, the Lumber.
man says, will affect the lumber trade
There will be great shortage of cars
suitable for the lumber trade in the
early fall, and it adds that the mana
gers themselves confess that the rail.
ways will be unable to handle the
crops and other commodities in the
early fall. We quote:
No doubt this fear precedes verifica.
ton in months to come. Without
question lumber dealers will find it
impossible to get stocks quickly to
destination on account of q shortage
OF cars. This blockade in the lumber
traffic will come at q time when deal.
ers will need prompt delivery more
than anything else, for on this will
depend their ability to take advantage
Of the rising tide of demand.
The Lumberman adds that already
indications of the impending embar-
rsssment are observable in the South