The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-06-19

'x1fANeatSSt = tEfsofIoN VIII
There are encouraging features in the
general trade situation this week. INC
most encouraging OF which IS ttiCsxaseu
s orusss .or st&ase seeas S.r sai. sss,sst ~
Chicago. baltimore aud . few other cen
ssrs. promise 10 exceed tire flscvsfnsnt OF
year ago. The mare cheerful teslsnS
among manufacturers at iroa azsa ssesi -
based in p.arg upon EXPECTATIONS Of n re-
vivaI in the demand The repeatedly an-
nounced Improvement in ron and steyi tais
week rests, IN addition 81 this, Apos trans
actions in Southern forge irons ct bir-
mingham. and Increased strSasth IN sne
iron ore market, furnaces and mills IN
PennsylyaSsil ana Ohio h~sas fairy BUSY
on other old. bat failing TO report many
new ones.
..Encouragersent is also derived from the
advance in raw cotton and }-ls cent on
print cloths. which marks reaction from
the lowest price ever reached \ nissd-
crate increase IN the demand for foreisn
WOODS IS the speculative outcome or tue
increased probability Of an early settle
ment OF the tarif question.
Prices taa week did not carry out iast
There are lower quotations for tea aud
coffee. Hour, wheat alte oats, Bsssetaer
pig and steel hillets. and anchanged prices
are reported for naval stores, lumber pa-
troieum. pork and sugar. and in addition
70 q nominal advance in anthracite coal,
tho only noteworthy gains for the Week
iron at Chicago and Southern pig at Bir-
Exports Of wheat. hour included rs
wheat, both coasts of the United States
and Montreal this week Increased sharply;
amounting TO 2.sSs.Si9 bushels. compared
with l.SeS0e bushels last week, SoS,eo
bushels In the corresponding week year
ago: aSss go bushels two years ago; i.a-s.-
ca bushels three years ago and as con-
trasied with 3.sa2,s bushels in the sToaa
week of June. 1888. There are 20 BUSINESS
failures reported throughout the United
States this week, - hess than Hast WEEK.
- fewer than In. the week one year ago,
- ~. 40. <ls ~ exss..
81 more than In the corresponding week OF
1894, and isi less than In the like week OF
issa- There are "a business failures report
eel from the Dominion OF Canada TINS
week. against IS last week. IS the week a
year ago and 30 two years age.
Review Of the stock Market.
Bradstreets financial review will tomor-
row say:
THE stock market has continued active
and advancing and presents every sign OF
decidedly more outside buying. The mar
ket gave little attention 10 the Hawaiian
treaty. The progress toward an early set
crop outlook ara the main factors in tho
advance. This week they have been rein,
forced by reports OF Improvement, actuai
dustries. notably in iron and steel. One OF
the chief movements of the week, that IN
coal stocks. was based on the idea that
an ameiioration Of conditions ~ the an
thracite business Is at hand. The main
feature, however, continues 10 be the
Granger group of shares. with Sugar ana
Chicago Gas. In the Granger group there
was early In the week, more or less real
izing of profits. Some declines were pro-
duced on Wednesday, when the market be-
came duh and the buying power appeared
to slaeken. This. however, was moment
airy. and the leaders. Burlington. St Paul.
Rock island and Northwestern, resumed
their advance. being the objects OF active
and at times exciting trading. The. defeat
of amendments TO the sugar schedule AZ
Washington brought purchasing from that
quarter. under which susar stock adj
throughout. ChicasoWC;as was supported
by the fact that the consolidation OF the
properties is now being carried out and
that attacks on the company Through the
Chicago council do not appear 10 have any
dangerous consequences,
Bank CIc1rinEs.
The following table, compiled by Brad
streets. shows the total el-arances at tna
principal elites and the percentage OF In
crease OF decrease, as compared with the
,.arrespnnuiug week last wear.