The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-08-31

New York Aug SCR. q. Dun e Co.'S
weekly review OF trade. issued tomorrow.
Will say: The Improvement I'm markets
and prices continues and. whereas few
months ago everybody was nursing the
faintest hope OF recovery. IL has now come
90 he the only question in what branches.
If any, tho rise I'm prices and the increase
of business may 40 too far strong
conservative feeling is finding expression
not controlling the market or Industries.
but warning against too rapid expansion
and rise. In some directions the advance
I'm prices clearly checks future business.
but the encouraging features have great
power. Exports OF gold continue. but ara
met by syndicate deposits, and are ex-
pected TO cease soon. Anxieties about thu
monetary future no longer hinder. Crop
prospects, except for cotton, have some
what improved during tho week Tmpor-
tant steps toward the reorganization OF
great railroads give hope to investors. La
Dor troubles are for tho moment less
threatening. and some OF Importance have
been definitely settled. Tho Industries are
not only doing better than anybody here
expected. but are counting upon a great
business for the rest OF the year.
The advance In the prices or iron and
its products has added about 81 per ton
more I'm single week TO tho price OF
bessemer iron at Pittsburg. and yet tho
great steel companies are buying wher-
ports that this or that finished product
will further advance Many OF the ablest
men deplors this rapid rise. fearing that
II may expose some branches to foreign
competition. and urge that consumers be-
gin 10 hesitate. But tho various combina-
lions which now control many iron prod
ucts have 80 successfully lifted prices thus
far that the markets seem TO lack tho
restraint of individual caution. and mean
while holders OF largo quantities rur-
chased for future sale or delivery want
TO get all they can for them. Tho demand.
whether on old or new orders, appears
large enough to sustain all the advances
yet made. and the strikes OF tho ore hand
lers and the Marquette miners cause fear
that supplies of Bessemer orc may run
short.
Copper has been 80 far advanced that
large quantities OF ore are coming back
from Europe. though tho price Is held at
l2,. cents for Lake. Lead Is stlIi at s3ssis.
though the production in the first half OF
1896 was i05 $40 tons, with increasing
stocks from 3.i5S tons In January 10 SSH
tons in July.
Coke is demoralzed. with sales at sf1o
per ton.
Wool has been specuiatively holsted. so
that sales have fallen below last year. in
August amounting 10 "a, 10000 pounds,
against % sfo. 600 last year.
The demand for dress goods is still
large. and some cancellations OF orders for
foreign mems cloths are reported. be-
cause goods do not come UP tn samples
The prospect for wheat has hardly inn
prcved this week although the price has
fallen y per cent. Western receipts havs
decidedly increased. Corn IN coming for
ward more freely. and tho September price
has declined lac.
With the promises or great crop. pork
and lard are shade lower.
Cotton liz rising as II there were no sur-
plus OF s,00o, roo bales. The price has adj
vnneed to sisc. and there is no large
supply Of actual cotton available at this
time tho market price can be easily
moved.
Failures for the week have been isS Ia
the United States. against 1as last year.
and a. I'm Canada. against 40 last year.