The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-06-26

NEW YORK, June 25.-R. G. Dun & Co.'S
weekly review OF trade tomorrow VIII say:
Thee Is no step backward in business,
althot gh the season OF midsummer quiec
ana prudentiy cautious. as before al
though In many branches evident. where
no signs OF 1t appeared few weeks ago.
Business men of the highest standing IN all
parts OF the country having gradually per
ceiyed that the tide has begun 10 rise. are
regulating their contracts and investments.
and their plans fer the future. with con-
fidenCs quite unknown 10 them a short
tine ago. Great changes before the adj
lournment Of ccngress are hardly 20 be ex-
pected. because The removal OF uncertainty
is with reason expected 20 bring into oper-
alton buying forces which have been re-
stricted fer months.
The main factor al this time is the stead
lily Frightening prospect for crops. Har-
vcsting of wheat has already begun In
some winter wheat states, with surprising
~ good results In the central region OF Cal
ifornia, so that 40 $50 tons is now called
the minimum from the latter state and
ststisiicians Of repuje calculate on 5000, 600
eminent estimate. Spring wheat is doing
remarkably well, with a practically un-
known increase OF acreage. The price has
advanced Ilrc during the week with a de-
ceipts. and Atlantic exports Of only Las
0sl bushels. Hour included. against l. is ~
last year. nut II IS Just the season when fig
urss have no value except IS proving how
erroneous were the estimates OF the crop
Of ISIS,
Iron and steel products average a small
fraction lower In published quotations but
only because private concessions. which
are now refused. were By various authori-
ties compiasen5ly concealed two weeks
ago. PIG iron IN weaker. with A better de-
manf AZ the East and at Chicago but the
imnRtience % valley furnaces 10 RESUME.
work keeps Bessen1er and gray forge
last week s quotations al .Ftttsburg. Ths
best OF the news is the material increase in
orders for plates. in part for ship building.
in bars for agricultural implement works
in structural shapes for buildings and
bridges. and In galvanized sheets. ono
heavy contract for 30 miles OF thirty-inch
ana loo mlies OF ten-inch pipe. bought by
regions. excltes many hopes in the trade
the great ore producing companies are
cutting prices 81 MeSsba, Besse-
I..er and i F2Sai 10 .or s2l3 s ap-
Eest possible business OF the year as ha-
sis fog failure comosns don. Tin has siowly
advanced 70 i4c. IN spite 81 heavy arrtv-
ala Twelve hundred tors lead have been
sold moderate quantities NOW bringing
S. s-is. and purchases advanced lake cop
per 20 fil72i4.
- and are buying 20 some extent. most of
tEs purchases Of Hool are tor speculation.
nearly ihre~-.quaTtevs teing ~ B2s'on
alone. snd the aggregate vas 9 tS3 ~0D
pounds ~ TIE three chief markets, $50 Pa
being igf lEn ~ col. Domestic wool s. sfiii
hel8 a1 relatively high prices 81 the H'esr.
tha United States. against III las; year.
aud q ia Canada. against "A last year.
aradstre~t's Review.
BradStrset-s tomorrow will say
The persistent nIsFe pre- Ee8tati0n of the
arrual state 0g trade IL the country during
the past meath. n "a apparent sDdesyOr
20 make the pros pectiEs Improvement IA
business fspssr 10 oe az Present condition
demands az explanation. ard bTadstrsst'
presents coadsE4s41 results % Interview
nIth rpprese ntAt.ge manufacturers srd
mere Rants a. more than city important
c-ngers east Of ne ROCKY Tsfoun talns- The
demand except ia = few hires IS iesS pro-
roaneed thSn lr was two months aEo.
trfbutea compared wlth year ago. and
prices for GsaEy sf2rI@S are lower. bur
fnsr~ n&s been ar Improvement compared
with the situation prig- 20 the presidential
election and as contracted with tzst June
Many % the Larger merchants sna MANI
fsets4rers Characterize tie business record
Tor the first naf % IsE a diSappoini-
raens IN contrast wItA sniicips&ions IA
Deem Der. 49,
ON the ether hard, confidence Is wide
spread 10 s revival ~ demand thss fan.
81 the three gzea1 rasnufae turing indus
tries fgon and steel co5to2E az14 &ooieFsS
tha frat aho&s relatively iha MOST ina
glrfyvasHeE.t and wools0s next. although
tariff delays have taken the e9gs OF tna
demand ia that iine and have perEalf. ei
i'm rp9rgers - stock UP with .e3Eiy tao
vars supplies. Cotton goods stiri suffer
from GIL; gr8c.s. excessive competition and
heavy prc4Ureiou- There ~ a better de-
r1aaa for slIks millinery and confectiou-
cry wasch. aside from Efe pros pe.tty %
rne rlcycEs Industry. constitute e3c%p-
tioEs. Higher prices for seA6iaS cereals.