The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-08-01
THE BUSINESS OUTLOOK.
Political Uncertainty Exertfng = De-
messing Infinenco on Trade.

New York. July 3i.--R. G. Dun & Co.'S
weekly review of trade. which issues to-
morrow. Will say: business conditions
have clearly improved. though business
has not. 1t Is the torpid season, and bet
ter prospects have little effect as yet.
The signing OF a compact 10 control for
elgn exchange by syndicate piedsing
the use OF So. 600 600 for that purpose may
render it unnecessary to use the gold
and has given some stocks light adj
vance Gold exports have been stopped,
and foreign trade IL more promising of
an early demand for our products. The
prospects for large crops OF cotton and
corn are still excellent.
Two important labor contests have been
s.ttied-between the iron mills and the
puddlers and between the Brown Hosting
Works and the men at Cleveland, which
recently caused the troops TO be called
out But the strike OF the garment work
ers has extended. although appearing near
an end.
None supposes that the exchange syn
dicate Is interested TO do more than bridge
over a period In which merchandise ex-
ports have been light. But exchange "
foreign trade Is already In the heipfoI
direction. domestic exports from New
York having for four weeks been II per
cent. larger, while imports have been 20
per cent. smaller than last year. and
last weeks Is per cent. smaller.
Wheat IL already going out with more
freedom than IS usual for the season. and
Atlantic exports have been i.s0l,iis bush
els. -four included, for the week, against
eeo eas last year, ard for four weeks s.ssi,-
as bushels. against s.42,iZ last year.
Western receipts ara also remarkably
heavy, In four weeks 13.7<7,7ss bushels.
against 2,Sss. As last year. and as part is
sold as wheat, so much the greater must
have been the surplus from previous
crops. In any event. the free movements
show that the scarcity is due 70 the West
ern farmer and holders. The market, In
spite OF reports indicating smaller for
elgn supply. reacted after q rise of little
over I cent. closing &c higher for the
week Lower rail rates helped corn 10
mako new record at S0i4c. and prospects
are generally favorable.
The iron Industry IS helped but little by
tho settlement which gives the puddiers
OF the Ohio region the 20 cents advance in
wages because the demand IS 80 hght thai
few mills can run, and the associations
price gs II cents. while stee4 bars are now
being sold az less than los. Trade In wire
rails mas been so hight that even the
.~gfsrw allotment OF $500 kegs for July is
supnossf &c have exceeded sales. and the
association il IN session to consider the
matter. The billet pool has been constant
" underSSl3 by FnstlAsessssh AtAfis con-
tracts for structural WORKS are held back,
avs, shere Is very Hsfle dons in ts1at line,
and orders for plates ana pipe are scarce.
+. "a no, strange that pig sron IT. weak.
psxserner being sifA at PittsourE and
soufhern somewhat lower az ths East
r.ag3pres for the week have been ~ N
.ha Trnfted states, agains; 81 last year.
ara a IN Canada. against y last year.
Rrad.sreet's fseview OF Trade.
praastreat's tomorrow VII Say; Poiill-
81 ,,rscey,aiy;.y continues so hAve an nf-
T.,,,,,hsa eff@rt on trade, and in1asfrsal
ara -ps~cautsie lines are unusually aeu
Mercantile credits are closely scanned ana
s., 10y instances saortsnsd. The .n1us-
.-saa situation IL less favorable Amohs
MANUFACTURERS OF iron I'D steel X = re-
rarse-4 as serious fn some hines, Owing %
~ xurur4sfux failing OF OF ne fsDiapa'
rive rea1n-tfon % pig sron ts furtasF e1.-
E .affeA vet stocks increase The Outlook
E For a further Gecisa& IN lToa ana sttf'
,-..ss Cs.sraxo offers concessions on Tx
- hiring bids for round lots ~a~tatiznens
- r,raStssts an cotton fabrics ecntfnnes.
sas FAN purchases In prints are or stnAl'
,,aI,,r.se. TIE demand for boots and shoes
e. also smaller.
Fxno--s al wheat. -four ineirtsd as
~ssas. FROM, hotn coasts OF tire United
s,at@- for last week amount 60 z.4s4.so
hgsssls. "a compared with s.9s4.v1o bushels
last year.
Tshe total number OF business fssiures
.nrourhoss the United States this week
- -. a. compared with 80 last week
The increase, as oon;rsssed with the cor
sespcndsng total IA isss, Is y. or al aScs-