The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-08-29
THE BUSINESS OUTLOOK.
Little Improvement Need BE Expected
Until After the Election.

New York, Aug. 2S.-Bradstreet's tomor-
row will say: The volume of general bus
mess has not Increased within the week.
Expectations appear TO be brightest at
Baltimore. Louisville and Kansas City,
which send out more favorable reports as
to the quantities OF general merchandise
sold than any other crnters. Early move
ment OF crops liz said TO be behind the In
creased orders. Another encouraging In
fuence Is found ia lower rates for foreign
exchange. the movement OF Sl0.oooooO IN
gold from abroad TO the United States.
and the expression OF opinion that not
less than s25.ce00V0 in gold is to be import
ed in the near future.
Conspicuous among checks to trade are
greatly increased hrmneSs for money at
nearly all financial money centers. AS at
New York. banks at most OF the larger
cities report Withdrawals OF deposits. in
many instances by country banks, higher
rates for call loans and at some points the
practical refusal TO make time loans.
Jobhers and manufacturers report no
general increase in the demand for staple
merchandise. The tendency OF the for
ner is to let the latter carry the stocks.
and Of the latter TO cut down production
until necessity compels freer purchases
by wholesalers.
Trade opinion is that little gain In busi-
ness need be expected until after cleo
ton Merchants In regions where cot
ton and new wheat are moving freely
are somewhat hopeful as to prospects.
The record OF this weeks business fall
ures in the United States shows a large
increase oyer last week. go. as compared
with 2S4 gain OF "a. Compared with the
week a year ago the increase ss i5a and
with two years ago the gain is is. Tie last
week in August. 1893, during me panic
there were $50 failures reported.
sf<Na .rfof Of wheat -four IN
Guided as wheat, from both coasts OF the
United States and Montreal this week
amounted TO s.2Si. ss4 bushels. against
. sai 900 bushels last week. 1.S5looo ia the
week a year ego, $4,000 bushels Two
years ago and s,oa2.o 900 three years ago.
Dun's Review OF Trade.
r. C. Dun & Co.'S weekly review OF
trade says: Clearing house certificates
have not been issued. but instead gold Is
coming h!ther largely, on the swiftest
steamers. about SO. 900 belng already on
the way Higher lending rates bring L,
Notwithstanding toretgIsvents which us
turs London markets. and the growing
confidence In the monetary future OF the
country helps.
Liabilities in failures for three weeks
ending August 20 were 81 90 zS. against
s.. 5ig. sss last year and sss14.f7e in 1901:
manufacturing, 81. isa. ass against L.5l7,-
81 last year. and s.. sf3.s Ss In 1894: trading.
81 s4. ssa against s.. 81. sse last year. and
&. sS4. IA in 1894. while brokers and other
commercial concerns added S4.&IsS.
sgainst $40. 200 last year and sl.%A.Ts in
1854 The stoppage or Hilton. Hughes e
Co. this week IS of course. not isciuded
in these ngures
The stoppage Of works also continues,
Including. among other concerns, the II
lnois steel plant az Hammond, md. and
the Lakeside Nah Works there. The dis
ruptlon OF the Tin Plate Association re-
suits from the inability OF manufacturing
concerns to so on paving the wages de-
rnanded. and vii presumably be followed
BY the stoppage of some other iron works
which are getting very light new business,
many contracts having been deferred ''un-
II after the election" ard there IS 50 III
tie doing that quotations ara almost norn-
InAI. Greg forge has sold f0r ts-Ea a; Pitts
burg. but il - said thai speculative pur-
chases amounting 20 t9eo tons OF zig
have relieved the Chicago market Coke
production a. ConneilsvilIe decreased l0,so9
tons last week. and further decreases are
expected Anfhracite has again been adj
vancea = cents since September l. M.H0r
metals are dull Copper is said 20 b sod
e. Ios cents although les5 IS the lowest
open quotation. and lead Is only 2es cents,
win small deaIngs
Sales % WOO. lnciuIing soras FOR specii-
szfscn and some for eNn0rt. have been n
four weeks only 5a5. ~ roJRs1s, agaEass
= SO 30 last year ard =. 80 In lse2.
Actual oua;atsous are hard 20 Ees. but
sales % reaslsEe are g. bargain prices, aud
exports or domestic and shipments o. for
efrn are IN couss4eFab.e quantities.
Speculation n pro4lscts caused an 3D.
vszpee OF / - csnsa ln wheat. buE ~ Thurs
dAv 4 ha9 been tosT, only % T.Se again
ana close AZ uearv ne fo1. Heavy Vest
srn reseefpss ooTztlnGe. fa@ a. prices are.
amounting gor four weeks 70 1885, So.
azatnxt sa 50 80 lasE year but ae<sn 20 Bs
ssalarced BY a gain II exports. which have
been ey~ Ire y s-sk ga sko nHshsEs. Sour IT,
csnses. e~al.St rs SO tast year.
Corn fecilHe1 OF THURSDAY 70 IS cents
here ar5 s8r esrts a. ChscaEo. which Is
esres % TIE Gowast ever kr9vE- Crop s1-
wees canz-sae fuesg favofat3e. ts8t West
err receipts ln9leats less disposition 20 se.l
e. cnrrent figures
Failures FOR she week have beer Sss Il
the Tfnstsss states. awairSg is& EAss year.
aa4 z IN Canada against 4 last year.
Brad@rreetss stock Rev1ew.
Erasssrees's revisw Or the New York
stock market .oxuorro~ I'll say E1anSes
IN he stoex uaarset values for the past
seek have on TIE whole been uIsrlTror-
tart. The speculation has been % the Elnst
strictly professional kfu5. Commission.
houses zays 6oRs. 20 al appearances. VIZ