The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-06-15
IT STILL is BETTER.
No Longer a Question About
Business Improvement.
WAGES ARE BEING RAISED.
Iron and steel show the Biggest Adj
vauces-wheat Exports show
Surprising Decrease.

New York. June AR. G. Dun & Com
psny's weekly review of trade will tomor-
rev say:
IL /. no longer a question whether husi-
ness improves. Not for long time have
OR reports from all parts of the country
been SO uniformly favorable The daily
average Of bank clearnaces in June Is "A 5
per cent. larger than last year, though ia
per cent. less than in 1852 The most po-
tent influence has been the receipt Of
more favorable adviees regarding the
growing crops. Labor troubles are getting
out OF the way. wages in many establish
rnents are rising, and the iron industry
just now leading. there Is general improve
ment in manufactures Monetary condi-
lions also help. The time draws near when
a good crop export Will bring gold hither.
and though foreign operations in stocks
ard bonds have been Insignificant this
week the effect of the previous transac-
tons has not been exhausted. Much d.
minished receipts Of money from the in
terror Indicate better employment IN bus
mess, especially in the West, and the vol
ume OF commercial loans steadily rises.
and is now fair for this season even in a
good year
Western receipts for two weeks of June
were 3flsSS0 bushels OF wheat. against
saai a0a last year. while Atlantic exports,
-four included. were only 2.ss4.s47 bushels
against 4e5os77 last year. The effect or
the rise in prices was shown in the official
reports OF May exports, showing a de-
crease OF 600 bushels from Atlantic.
but an increase OF 100000 from Pacific
ports The price was reduced IA In trad
ing. Corn also declined about &c with bet
ter reports of growth.
The official statement OF Ia per cent de-
crease in the cotton acreage was found. IN
view OF the revised government stimates
for the year, 10 mean more than atUo,uo
acres now growing cotton, which much ex-
ceeds the best unofficial estimates Cotton
mills are doing well for the season, ana
numerous advances of 1sQA are stu re-
ported.
The OUTPUT OF pig iron Juno !. was but
a trlfe larger than May l, 1S1,S4 tons
against 1884 a month ago. and ls4.o2
wear ago The advance in prices continues.
Bessemer pig reached 81. 10 and gray
FORCES sl0s5 at Pittsburg, and all iron pro-
ducts show an advance of 81 per cent this
month and 1873 per cent. from the lowest
point in February. For this conservative
Industry the rise of IS per cent. In Besse-
mer iron seems larger. but IL compared
with s. per cent. in cotton, 81 per cent In
wheat e0970 per cent. in leather. 80 per
cent in refined oil. and over 100 per cent.
in hides All those products were at the
lowest prices ever known and remarkable
but with each, consumption has yet to JUS
tify advances.
Failures for the past week have been
2s1 In the United States against 2S2 last
year, and twenty-one in Canada against
forty last year.
Bradstreet's Report.
New York. June 14-Bradstreets tomor-
row will say: The recent check TO the ac-
tivity in general trade, taking the coun-
try as a whole, which followed the Sc
we're and unusual frosts of the close of
May, has begun TO register itself in rela-
lively fewer upward spurts of prices for
STAPLES and moderately smaller totals in
bank clearlngs. The cereal crop scares
which followed the froSts frightened for
eigners out Of Wall street for the moment,
and since then the speculation exchanges
and leading commercial house have been
busy trying to determine future values on
the basis of present conditions.
The exception in the halt is found in
the remarkable exhibition of strength by
iron and steel. which. without special Or
ders from railroad and other large con-
suriers. have again advanced all along
the line. Exports of wheat. -four in
Guided as wheat. from both coasts of the
United States and Canada, show sur
prsng decrease, the total amounting 10
only 1,1S1.747 bushels against 1891 900 BUSH
els last week. Boston, Montreal and Bal
timore report very much smaller ship
ments Of wheat than last week. and New
port News much less -four. This week ;
total wheat and -four shipments appear
TO have been the smallest since the second
week in June. 1891. There have been few
changes in the trade situation at the
South. but these are in the direction Of
improved demand. principally in dry
goods, shoes, hats and other seasonable
goods with the prospects for a good fall
trade should the crop prospects remain
at rra<apt