The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-07-13
MID-SUMMER'S TRADE.
Prices Continue Strong and the
Outlook Is Good.
GREAT CORN CROP EXPECTED.
Wheat Makes q Heavy Drop but Re
gains Cents-The Golden Crops
Nearly Ready for Harvest.

row VIII say: At the close OF the second
week in July the condition of trade gener-
ally remains practically unchanged. al
though commercial and Industrial activity
az many points continues more conspic o.
Gus than usual at the midsummer season.
Prices generally continue strong. excep-
tons being among the cereals. hog pro-
ducts. coffee and lead. while as significant
as anything else are the exceptionally IA
vorsble outlooks for trade in the fall, and
the encouraging promise for the wheat
and corn crops throughout the Central.
Western and Northwestern states Ex-
ports of wheat. -four included as wheat.
amounted TO s.3i7.oo bushels this week.
against 100000 last week. 2.s77.0oe In the
second week OF July. 1894. 4, is4 900 In that
week of 1SS, and ASSOC in the cora
spending week of ls92-
At Atlanta sales of hardware are larger.
but those OF dry goods. shoes and grocer
les are smaller. New Orleans reports only
a fair volume OF business, less than was
expected.
At many Of the cities throughout the
Western and Northwestern states mer-
chandise markets point to dullness. Incl
dent 10 the first half OF July. though at
all points the outlook for fall trade Is, re-
ported good. Ar Chicago the volume OF
business is heavier than expected at this
time. collections are good. and the crop
City and Omaha all report fair volume
of business. prices hardening. and an ex-
pected favorable crop outlook.
On the Pacific coast trade continues IA
vorable. The construction OF the San Joa-
Quin Valley railroad is aceelerating busi-
ness in many directions. Eastern wheat
engagements at San Francisco leave that
port bare of tonnage. Portland. Or, re-
ports prospects of a good fall trade and
rn "a cufv oh
Dun's Report.
New York. July 12-R. G. Dun 4 Ce's
weekly review OF trade tomorrow will say:
A business flood so strong and rapid that
conservatives fear II may do harm. is out
OF season in July. But the seasons this
year lap over and crowd each other. May
frosts and frights, 1t is now evident, kept
back much business that would naturally
have been finished before midsummer
and the delayed accumulation of one season
gets in the way of efforts to begin another
on time. But the volume OF business. ii
may be assured. is remarkably large for
the month. even In a good year. The exag
gerated fears about crops have passed.
the syndicate is believed to be both able
and determined to protect the treasury.
and the time draws near when the market
ing OF new crops will turn into a national
balance, IL speculation does not hinder.
tional fall in wheat of cents in two days,
followed by a recovery OF SC. The sudden
drop In prices was the result OF speculation
rather than commercial influences, though
exports not half as large as last year,
2.o9I.s45 bushels tfour included from At
lantic ports for two weeks of July, against
z,2279 SIS last year had their effect as well
as Western receipts OF 1.as7.ia bushels
against e.l5Ss1S hast year. This news in
dicates an enormous crop OF corn. the
largest grown, IL weather favors, but the
price is only nc lower than week ago.
The weekly output OF iron was f1i,19f
tons. having risen 1870 tons IN June.
Where furnaces have gone into operation
since July, the output rose, and has put
into operation many additional works, and
there Is rush 20 buy before prices have
a higher advance. Influential miners are
sending warnings that the rise may easily
go higher. and prices in fact have adj
vanced nearly per cent. In two weeks, but
are 10 per cent. lower than In October,
1897, The demand for structural iron is
enormous. including 1900 tons for No. :
Broadway as much more here, and as
much IN Chicago ON smaller orders. Bes-
serner pig has advanced 20 $3.50 at Pitts
burg. and wire nails to 81 .55. higher than
In October 1892: grey forge to Si-2:
structural beams 20 $50, and angles to
n5 Copper is sitter at $50. and lead
at 1887 but tin is slightly lower at nc
Wool is still advancing. with enormous
sales rs7l4ooo for the week, and In two
wrecks OF July IS 7.sl4 pounds, as against
II CSC $50 In the same week OF 1Ssz. AS the
sales are about four times the weekly con-
sumption. II Is expected that the market IL
essentially speculative. but the rise abroad
has set the country ablaze. so that West
ern holders are asking even higher prices
than heretofore. But buying by most man
rfacturers IS already affected. and at the
prtces now asked for wool some rnanufac-
turers are doubling whether correspond
ing value for goods can be reahze1 Labor
controversies in wooden mills have gener-
aIiv resulted against the workers. .altnougn
some advance in wages has been obtain
81 but a strike OF carpet weavers at phil
adelrhfa already affects several thousands
and threatens 10 include great many
more an advance OF TIC being DEMANDED.
While .he market for goods IA so dun ana
weak that manufacturers naturally re-
fused.
cotton goods continue active ana strong,
vv,th GONNA rativeIy little difficulty "a TO
labor Northern mills have taken little
oIer 100 600 bales IN the past three months
$500 cotton was below &c, but with cotton
tsough. cheap for five months aheAd. they
are aAla to do n good business
Failures this week have been rs IN me
r-cs,es States against 81 last year. ana
* IN Canada against 20 last year.