The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-07-18
arna.rstufrs and Grains.
Financial Uncertainty Makes Mer-
chants Very Cautious.

chants very tAHlS9H%-
New York. July f7.-R. @. Dun & Co.'S
weekly review Of trade Dlsapproval Of
the action OF the Chicago convention has
bad some influence in the markets during
the past week. bat a far moro important
factor has been the feeling that the finan-
S1al future IL stiH uncertain. Tits acute
attack Of doubt. coming So time when
business n FOR ether reasons seriously de-
pressed has made the week unusually
gloomy la speculative circles. The wheat
market has been remarkably well srp-
ported. despite very fayorabie govern
naent report. and prices are A shade high
er than a week ago. Western receipts
OF wheat have been ASH So bushels.
against !. So sss for the same weeks o.
July last year. a. Atlantic ports. ship
naenfS -four included. have been t,fSs.ss1
bushels. against tFsWS for the came
weeks last year. These ard other reports
DO net Indicate small Yield, The demand
for an7shed products ~ iron ard steel Is
extremely narrow. bur n bars the CON-
blnafl0n has found itself unable 70 MAIN
tain arfreS and there are renewed reports
that the great decrease in sale Of nails
VIII force a redaeticn 81 nrtcez an All
gust /. Tire average Of iron ard steel
prices Ia the lowest since year ago.
Brad<treer's Review Of Trade.
Bra6gtrestss tonorrvw xiii say: Nearly
al general merchandise markets ccntsHse
srif. AMI the volume OF business - smaller
tran anticipated. Little or no disposition
IL shown 70 engage in Pew enterprises.
bo,a city and country merchants contanu-
ing % purchase with more than usual con-
aaervaffsus IN View of The unsettled Araf1-
ciaf outlook ard fae low range cs prices.
The total number % business failures
sn the United States this week shows an
expected Increase. -. compared With Zis
last week Xhen coufFasref with tie
ccrresDorzlre week IN isss. the Increase
during sha pass hussaess week - 81. and
wsen ina second week ~ Jaly. 1924. the
ealrrent weeks Increase s g. During toe
rar~vzrossatux week q fxo ho1eser. n
he rai,ssf OF pAnie. there weve more than
tusee a. many failures as thia week.
Among ether favorable features are
relatively encouraging reports conserving
trads az nins business sentsss. ss9efher
With al Improvement In quotations for
rnssan cora. oats aat pork. ard firm or
znesz ar xsa prfees for WOOL sugar. lumber,
leather ana yrsnx cloths. Rains have i'm
nrs~esE erDo prospects IN WxHhargE 0r-
The week nzs beer marked a. San Fran
cseeo ~ the dspzrt2re q a trsin1oad q
fruit for T>ondcn. cargo of wheat for
Agssralla. ard tao ships loaded NsiA iana-
Der for Europe.
rxaort~ q wheat. fear ialsssed a.
uaoas. from both coasts 81 the United
states And grern Montreal talz week
amouat ~ z<sssa bushels. sgsinst Zis7. 90
last usek. lsS&.esa Ia the corresponding
week last year, tJs7s.asa n fns seccnd week
u yagv zsss. aaa s.ar-.sos bzzhelS IN ths
corresponding week Of ISL
Brndssr~~t's financial Review.
rsrasssrnet.s review % the @ew York
S.,rx MARKET wfi say AZ ps1hs.e interest
Il 80 ssock market has disappeared. ADD
rr1sexs.sra1 9ae-at0rs and o1ner hot5ert
n ssssxs. after The many diEappoint-
meats and psoien<ed waiting 70 ~h1ra
,hey hsxs been ssbsecs. hare been nata-
rssfv sacg1rea 20 threw ever faesr secgrt-
fses Bear professional Interests - the
r-sarxes have taken advantage u this or
sorszufsv AM ee11eefe3 al aggressive
ra-vss.assr. EoEton. ~hiea vas inactive
an. annArensly MzssgEeleas az our 1tarxst
s19rznx tns Early part az re wse&s cams
N a. > i4xgs buyer @ THURSDAY. and -
rssreexses. tc@Ssher with fse b&Fsnz ~
rhs ratne~ ex1xxeTAts8 snort Ersersss.
xsrwed KS market On tAst day a1d re-
ss.lsss ~ \ ssbsfAnti4i rally. On Fss94T
"a market was kazetixa and gsaerAliy
w.@zaw. kAe large &E@rN4at9rs &2pare AZ r
taksrx 10 part ard ire smaller sf@mesf-
5s.zx !zEI.2s1 - w2ls f@g 3es sloFrna18