The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-06-29
IRON In THE LEAD.
Trade Reports for the Week
Show Good Gains.
sEATTlE's INCREASING TRADE.
Wheat II LowerCotton Down - Z
Cents-wool II Up . Cent Fail
ures Of the Week.

row WIZ say:
Dominating business conditions OF the
week are the continuation OF a large de-
mard. and further increase In prices for
iron and steel which have surprised even
the trade The jump in rail prices and
soarcs.y OF and higher quotations for
pi2Res and nails have tended to producs
temporary scarcity. Improving wheat
conntaons have firmly convinced many n
The trade that there are akely 90 be fully
4za,ecvo bushels harvested in the United
states CHS year, which, with q probable
available surplus OF 5o.0o00o0 bushels be-
Ing carried over at this time points 10
oniy lvoeoo,eo. or possibly 10 10000 bush
els. available for export during the next
twelye months, which is less than in any
year since 1880. With short crops abroad
IN some instances. this can hardly fail to
bring q higher range OF prices. II viii
doubtless prove disappointing to learn
that the exports Of wheat. flour included
as wheat. both coasts OF the United States
and Montreal. have amounted only to
l.Sis. ios bushels against asst 900 last week
The decrease is largely in lower shipments
from Newport News. Boston, New York
and San Francisco. The exports in the
week a year ago were only 1.77.ooo BUSH
els. and s.2lS.o0o' in the fourth week OF
June, 1882
There are few incidents OF trade from
the South. but merchants from almost all
leading cities in that region report that
the demand continues very moderate and
collections are slow.
General business on the Pacific coast
continues in contrast TO that elsewhere.
Increases are reported I'm several lines
from Seattle. where a glass factory is TO
be built. and importations OF British tin
plate have been received. Relatively less
activity is experienced at Tacoma Port
land reports that Oregon's fruit crop will
he. h,r. & t. L.
the general business situation. Wheat Is
being exported from San Francisco as fast
as il can be loaded into ships. Wheat and
-four shipments to Europe are TO be re-
sumed from mills at Vallejo after the
suspension of one year.
The only changes West and Northwest
are continued Improvement in the cereal
crop conditions, and stimulus 20 business
by continued firmness in demand for iron
and steel.
New York. June 2S-R. G. Dun & Co.'S
weekly review Of trade, which issues to-
morrow, viii say:
Business Is better. although the crop
outlook affecting prospects beyond the
near future Is a little less distinct. There
is more ground for doubt about winter
wheat and cotton than q week ago, and
threshing receipts are comparatively low,
though the prospect for spring wheat IS
exceedingly good. The price Is II of
cent lower for the week, and is beyond
mistake too tow IL the latest impressions
OF injury to winter wheat are correct. Re-
cefpts for the week are relatively small.
but for four weeks have been 5.i66.44
bushels against 5.57e5oS last year. Corn
has declined a fraction and pork Is steady.
Cotton has fallen 3 f-16 to 7c, in spite
of reports Of serious injury by rains in
Texas and Louisiana A light buying by
Northern spinners surprises the market,
@-r J.rsr 4af- h1x-
enough to supply consumption, and re-
turns show great decrease in exports OF
cotton goods.
Speculations have even spread TO the
wool market. and with an advance OF
about 1c in prices. the sales have been
the largest ever known for any week
40l7 900 pounds. against 8, SS6. 500 in 1892. In
four weeks of June sales have been 16,1S2.-
4s5 pounds domestic and 500 pounds
foreign but in 1892 they were 49, $50 do
nestle and II. $1,000 pounds foreign. A
growing belief that the domestic clip is
short and an idea that the coming Lon
don sales. beginning July 2. will show
higher prices have been more potent
than little increase in the manufacture
ing demand, and the price has risen at
all markets. Light weights and mixed
goods hesitate. and some are lower than
a year ago. Since the Washington mills
opened clay worsteds are at a slight adj
have been stronger in tone, The labor
troubles are passing with frequent ad-
vances in wages
Copper has been strengthened by a large
sale OF Calumet and Hecla for export at
1o&c, which is now quoted, while tin is
slow at sl405. and lead at S,2Tt. Iron
still advances, Bessener selling for $3.50
at Pittsburg and grey forgs at SflS0. A
further advance I'm structural forms Is
expected. The Western demand for steel
rails at the advance OF 81 per ton is good.
The rise in bar is maintained. and plate
and sheet mills are crowded so 1t is ,iif-
ficut 70 place orders at current prices.
The half yearly report OF failures next
week will include about $500. against 1903
for the first half OF last year. and assets
OF about SIS coo, against SOL ,57S, 152 last
year. But for the coriage concerns. the
aggregate would be nearly q per cent.
less than last year and the manufacture
ing liabilities o6 per cent. less but irclud-
ing II, the manufacturing liabilities are
about 500 600, against 81. 80 last
year, and the trading st5.O6o.oso against
So 345 s7s last year. while miscellaneous
labinres Here only $4,000 against
s7,S6,072 last year.
Failures for the past week have been
25s in the United States against IA last