The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-08-10
OUR FOREIGN TRADE.
Has a Marked Effect Upon the
Prosperity of Seattle.
CONTINUED ADVANCE IN IRON
Unrsuai strength In All Lines for the
summer Months-Low Wheat
Exports.

New York. Aug. a.-Bradgfraatfs 90
morrow will say. The features ~ ERE
business week are a continuance ~ tna
remarkable strength Of the demand for
AMI the increase In the production OF sse41
and iron, practically all fIrst-cIass a.yod,.e-
tor plants having been put into servte..
and not few OF the crippled gtYfkIns,
as was the advance ia the price OF v heal
leather, cotton and other staples for a
month or two following March last no
rebound since the depression Of lSss4 haa
been stronger or more surprising than
that in iron and steel. OF the same ma
fs4e il the evidence OF improved business
conditions shown by the activity in al
most all manufacturing lines particular
b. Of course. those in which iron and
steel are employed.
The center Of commercial activity ar the
West follows a ilae drawn from st Louis
through Chicago. ST. Paul and Msnueag-
oils. With an improving demand also
shown along the Ohio river valley
Wholesalers at Chicago and St. Louis re-
port receipt OF good orders for dress
goods. hats, caps. clothing and ssoes 10
large degree. the result of personal Sc
Iections by interior merchants.
General trade on the Pacific coast has
improved within the month. One of the
features IS the recent importance of the
foreign trade Of Seattle and Tacoma. The
development or our interchange OF COM
modities with Oriental. Mexican and Cen
fral and South American countries. Is
having a marked effect upon inc cities
named. San Francisco authorities wire
that the wheat crop in California is ad-
nitted below the normal. and sf4at fruits
IN that state are ripenIng faster than can
nerg can handle them Exports OF wheat,
-four Included as wheat. both coasts Of the
United States and from Montreal amount
ii a gsas - ~,
1aN.0e9 bushels last week. and as COM
pared with s.4l7,0t0 bushels the same week
last year and 5.000.009 bushels In the like
week OF 1898.
Dun's Report.
New York. Aug. Or. G. Dun & Co.
say In their weekly review OF trade:
Business continues unusually active for
midsummer, and though there Is a per-
ceptible relaxation. there are no signs OF
reaction. The one change OF great i'm
portance which the past week has
brought is the amieable settlement be-
tween the coal miners and employers. in
Pennsylvania. Ohio and Indiana It IS
said that about 10000 men will have their
wages increased in October by this adj
Justment. and while the enlargement Of
purchasing power is OF consequence, IL is
even more important that chronic case OF
controversy has been removed by the new
Is no important change in crop prospects.
and at this time no news is omnently
good news.
Wheat has declined a fraction. with
very seanty transactions. the extremely
small Western receipts influencing the
market for the present more than the re-
ftricted exports. The concerted withhold
ing of wheat by Western farmers, If con
sinued. would doubtless affect the price
In the end. and IL has. already stopped At
lantlc exports almost entirely. The West
ern farmers may find reason To regret
that they did not ship their wheat at the
proper time.
The industries continue TO make prog
ress. and higher prices for iron and steel
products prove that the supply has not
yet outrun the demand. Bessemer iron Is
a shade weaker. but grey forge has adj
vanced about 81 cents. and finished prod
nets are remarkably firm. Lake copper
has advanced IL. Tin has declined about
a quarter of a cent and IL quoted al
sA.n. Lead is a trifle stronger at 49,.
The anthracite coal market Is completely
demoralized, and prices have again YIELD
ed a little to about the lowest ever
known
Sales Of wool arc not az much inflated
by speculation as they were during the
first half OF July. but they still exceed
the actual consumption in manufacture.
amounting at three chief markets 10
s25a. go pounds Prices are very nrm.
Some staple cotton goods have again adj
eanced in price. and the market Is unua-
ually strong for the season
Failures for the week were 80 i'm tho
United States against e6i last year. and
forty-six in Canada against fiftyfour last
yeav