The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-04-26


modities since April I.
Now York. April Mr.. @. Dun Z Co.'s
weekly review Of trade tomorrow VIII
say: Business has been favored by sea-
sonabie weather. and the distribution Of
products has made fair progress. not yet
reducing retail or Wholesale stocks far
enough. however. to materially improve
the position Of Industries. These stocks
have apparently been large ever since tho
fever OF buying last fall. and the actual
buying for consumption smaller than has
been generally realized. Hence all the
great industries are embarrassed by hack
OF adequate demand, and in some cases
the accumulation Of goods In anticipation
Of demand has gone about ~ well as IL
can. 4
Strikes of soma Importance are threat
trades. and the working force u lessened
BY stoppage OF some OF the factories be-
cause orders are Hight. Again. prices Of
commodities are on the whole lower than
ever before, having declined about per
cent. since April and II per cent. since
July. 1880. or October. 1852, The fall in
manufactured products - . little less
than II was April !, but In farm products
speculation is swayed BY rrif1ing influences
when markets are very narrow.
The recent advance checked buying OF
wheat and exports for the week were only
1.0S1. 81 bushels. nour included. against L.
Se 81 last year, while Western receipts
were 1904. G57 bushels. against ], S57. 406 last
year. Since July !. Atlantic exports, In
Guiding -four, have been only 72,900.0 900
bushels against 81, 500 600 last year TO date,
though Western receipts have been about
III 900 900 bushels, against 15e o0o. 600 to date
last year. With generally fair prospects
as to winter wheat. the price has drop
ped about &c. nearly half tho rise based
on gloomy reports early this month. Corn
receipts continue heavy. and the price Is
q shade lower.
Sales OF wool included about half . mill
lion pounds Australian and some domes-
tic for export, but were In all only LOS. 100
pounds, and for three weeks have been
e.5si. 100. of which $780, 800 were domestic,
against II. 400 500 last year. eof which g.
70. 500 were domestic.
Neither pig iron nor manufactured pro-
ducts have improved In demand as yet,
though further combinations have raised
the prices Of rods. bar iron. to $40. while
steel bars sell at Slo6 and nails are TO be
&c higher after May /. Brokers at Pitts
burg are gtill selling steel billets Coo be-
low the pool prices, though It was FORM
cd more than three weeks ago. and Bes-
semer pig has declined there to Si3. Struc-
tural angles are a shade lower. though
some good contracts are expected. Lake
Failures for the week have been IS In
the United States. against 30 last year.
and ~ In Canada, against 81 last year.
Bradstreetss Review OF Trade.
Bradstreet's tomorrow viii say: The
feeling Is more hopeful at many trade CEN
tiers. owing to continued improvement Of
demand IN retail Hnes better weather.
general favorable crop prospects and the
activity which naturally follows distribu-
ton of important interests and farm sup
plies and attendant activity. More favor
able reports come from commercial trav-
ears representing Pittsburg. st. Louis,
Kansas City. Omaha ana Milwaukee
houses. Moderate Improvement - SHOWN
81 few other Western centers. but at
most oS the larger distributing points
throughout the country tho movement Of
merchandise on the whole shows no ma
terial change. AT almost all cities mer-
camille collections continue SLOW. remain
Ing relatively the most unfhvorable fea-
lures Of the week. even where the ten
dency In other directions u toward I'M
provement
Exports OF wheat. -four included. from
both coasts OF the United States this week
are the smallest since the third week IA
July. 1875. an with that exception the
smallest in any week during the past six
years. amounting 10 onfy i.36op BUSH
els. compared with ..ai7.co bushels last
week. 2 sn.ooe in the week one year ago.
2 TT 600 bushels two years ago. and with
s.se7 40 bushels IN the corresponding week
OF fsca
There were 30 business failures re-
ported throughout the United States this
week. compared with ~ last week. 20 IN
the corresponding week one year ago sq
two years ago ana is6 in xae IKE week OF
$50
Bradstreet's Financial Review.
Brzisfree;'s financial review tomorrow
will say: RullsSa sentiments continue 70
animate cfrrea, speculation. the present
week having witnessed Increased activity
and broader conditions a. well as fur
Their Improvement IN price. though al the
close OF the week there were signs % wear
iress- The movement seems 20 Re based
upoa q desire 10 discount ess> anticipated
revival OF trade. but its character Is also
due ia a large degree 20 the example az
forled by the recent speculative revival IN
London ana the better standing watch
American securities are gaining there.
The latter tendency. indeed. Goes not show
stseif Tn the form Of any special foreign
nuy!nx os securities All srat csa be said
Is that the balance of erhifrzge transact
tons between here an<i Europe are IN our
favor while there is some foreign buying
o. bends In small lots One OF me fea-
lures OF the week has indeed beec tire more
or less oo~a assistance given 60 the bun
campaign ny ire larger financial and spec
Native irteres;a The dispos Hsor % the
professional elenre-s 20 realize rrcfsts na-
furally caused recession from time 70 tine.