The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-10-03

Dun AND BRADsTREET.
Encouraging Signs in Trade That
Better Times Are Near.

DUN AND BRADsTREET.
Encouraging Signs in Trade That
Better Times Are Near.
New York. Oct. Ar C. Dun & Co.'S
weekly review OF trade tomorrow viii say;
The complete report Of failures for the
quarter which ended with Wednesday
show an increase which would De sur
pristng II the political causes were not
obvious. In number Ga per cent less
than IN the panic quarter OF 1893. failures
for the quarter show liabilities Ill per
cent. less. amounting 10 Sl3.2sS.Sss against
81. ,se9.es- in the previous half wear. Man
uf2cturIng Liabilities were 81. 2s5, S49. or 81
Per cent. greater than IN the same quar-
ter OF 1885, and other commerclaF were
Sl-..51, 80. To this must be added SI,-
us 80. liabilities in fifty bank failures,
making. exclusive OF railways. nearly
IS, COO In a single quarter.
Comparisons are given showing that IN
only six quarters given in twenty years
have defaulted liabilities been as large,
that the ratio 10 solvent business has
been s6.06 per S.eoe against s. 81 for the
same quarter last year, and the average
per firm In business has been 1851.
ton Of increase has been greater In West
ern states, both IN amount and III aver
age liabilities per failure. and much larg-
er in manufacturing than IN trading.
Part, but clearly not all OF the cause, has
been removed by the !niux or gold, and
depression is stin shown by clearing house
Il
year for the week, az per cent. less than
IN lsse. when another presidential cleo
ton was near.
The continued advance in wheat may
prove Of the utmost importance. II has
adv anced liz cents for the week and 10
cents since September ., which Is mainly
due to short crops abroad and unusual for
eisn demand. Atlantic exports for the
quarter ending with September, -four in
Guided. were =, "a bushels, against
II Se0,0eo bushels last year. the outgo OF
in spite OF higher prices. No lack OF WIS.,
iele domestic supply causes or supports
the advance and Western receipts for the
exact quarter were 5s.s42, Sal bushels.
against q, 100 4ss last year Some injury
has been done by recent storms, but the
market seems not now in the humor to
magnify them.
There are encouraging signs in the grea.
Industries. although the actual gain IN
working forces employed or IL now orders
Il small. The small demand for materials
not diminished. ard has already enlarged
enough TO scnsn prices. In wool quota
tons are scarcely stronger. but represent
actual sales more nearsy than In past
weeks when buyers with cash almost
made their own prices Sales II. rive weeks
have been 23.l&. 80 pounds, OF which only
"a. 1880 last year OF which 1890 go were
foreign, and 37.2Ss. 40 In 1852, OF which
Il GO so were foreign. ard wheu tt rs re-
nleurbered that IN spite Of the recent
starting OF some mills. not more than 20
PEI cent. OF the total capacity can be
producing. the preponderance of Pur-
claases TO ansic4s~ate future wants Is ap-
Buying OF Bessemer zig again lifts
Pittsburg quotations 70 si.i5. without any
genera! gan IN Lae dsgaad soT ar nns sa.sa
are sod 81 / cent. against /. DC asked by
the association for Iron bars. Pa;es ana
heavy buying of sheets al the West. Con-
ffserce that reviving business must brig
a greater demand than al tho works can
meet induces the various associations 10
maze a change in their prices. The minor
n etais are not strong. l2ke COPPER -
irg quoted ct 10i.c, Tin al izEsc and lead
Nsr,harts and manufacturers are wait
trr. but there are aot wanting sig1s tnat
many have the confidence 70 invest and
push forward as though ne aaWn OF pros
thai has passed has been most try.aS, tAt
trlre-= word re worse than they are but
.or The general belief that better times
are near.
Pradxtreefs Review of Trade.
New York, Oct. s.-,Braas,ree;'s tousc---
row S4ll say: Cool wea sieF and continued
r,sg-c rss zes BY the interior merchants. roiA-
by West and South. coz etauef the si&at
Improvement IN trade recorded N pre-
ealing weeks Merchants a. primary co..
ton markets ard a. large csnters II 10
snrinE wheat region report oscter move
raent IN staples due 20 unusually heaEy
central WeSt, including sucs polnts IS
Bal more. Cincinnati, Chicago ard -:
Louis the volume OF trade fails 5ehaa1
thzt os a year ago IN some Instances bot
&c Ia equal TO i n other@. a $3.50
c~rfeYs Tbs improvement is seen II great
81 case IN me money markets aud more
4. ros{ Ion % discount coriFnere.a5 paper
a}thnrlgh a. unchanged rates hoie&a4e
generally. tlst fHx anticipate any mater nj
f~rre.1 ses n The volume OF business this
Ns~rartHe collections continue SLOW ard
"a dssfirtiFt % make a. heretofore, except
a. re cotton =Ssfes a1a some points n
80 %r~th sgast whore heavy crop receiF''s
have enabled trra-sgr merchants - ib5sIi-
ID - song-st-lTSst1g accounts ne more
rorsniessesis demand a. larger interior Cit
fas a Tor dry goods clio .hlug. Shoes. hard
"a - teacher ard iISxlr@r. There - SO
4 ses.er demand for pig iron and f0r
stee;. Business II eof;on soo1s las been
checked sy TIE a3wa7ee n prices and
.s.sH stocks tend . accumulate again
Fxuo~rs or wn@at ff9u~ 8ncit1Hd1 from
both coasts y tas L NJ al States arA3 from
Ngs-t~~a3 - wsek amount 20 t-El5.9s+
a--ez+ ssrea tNa second week - SEFte0l-
Ae- 1874 8 ts. C112pa~sd = p 1-se4.is9
bushels lass sack 2sls % H-E@ns1z - ma
correspond .ng week ore year azo. 13Ss 80
- saeis two years ago ard : 81 90 5usae IS
taree y~aTs ago
THe tossi rsn5s~ - business failures
tarxsss-.sosgs tae United @Eages from Jan
gaw ! % Seu.@ystsa~ 81 1sss "a fl 80 ma
= -xest axrre-z4e reporl - for a Ike peri
ii stree record - This cAzraeter has a@en
carnnlsd The aext sargsss cor~ss po1s.a
total was = ~. for E.zs months = t1s
panic year. 1S@-
Th~ t5tai hlssness failure. sE-ouxhOE.
- Den nsan % Canasis fav the psSs nine
non fhS zgx 1.s5s 81 s1creass u IL CON-
rsarAt With the corresponding per3ea LAST
ve~z- TIE total IL hsAt4es zE1osElte2 10
-1g ~ against D, @g7.doo lasl year.
The Advance ia Stocks
Naw Yc-k Oct ---2rz1s.-eess review
r. - G-z Y1rx sfoeE n74-T6et Tomorrow
wra say. Tvse feature IL sfsl Ire s.rong
81 s31xzzrsnE tsns CT ire c-&Tz-; ca
~s--.,ssxss2 saAs traSsaE and Re rsss.arcs
wasen prices exhibit % s4t<ssr res1tzs1g o.
as8Ftuw 1y 1-e bears for TIE spszrgscse u
rsrga.3 ..g-frSg a aer-esssfos- TAs sla~xes was
rsss Afyzetasa by 80 advance % >xe1aa~s
"a - az4 Enz ccgassq .~ss. ssorssase u xoA
sr7zc-sr-srg Arrangements IT, fac1 1zat
.~e treasury reserve - Up - ia ss3.E1 Or
vzore ait tsA- g1onsY Or Its 1a1 b~s OBJ
az & Al x2rsra~