The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-05-08
TRADE DUaaNG THE WEEK.

E1our--St. Louis fancy winter, IS 3D.
Bacon-Duil: clear bellies. Il to II
TRADE DURdNG THE WEEK.
n. g. Dun 4 Co.'S Review.
NEW York. May 7.-R- G. Dun & Co.'S
weekly review Of trade will say tomorrow:
that sA the actual sales IN april by leading
houses In each line OF business In the prin-
cipal cities. east Of tho Rocky mountains
in April, Isaz. the year Of the largest bust
ness hitherto. and were 81 per cent. more
than In the same month last year. Yet
covering actual sales Of leading merchants
In a line Of business in one OF fourteen
cities , T9ey are esp eel y encouraging
the i've years. and with the exceptional
floods and other retarding influences this
year.
While speculative business In nearly all
lines is small. and business does not swell
clearing house returns as in previous
yse year. the volume o. and dra ne
fact Is one of the highest Importance in
all business calculations.
by branches q business gwen only by the
mercantile agencies show decrease in
number amount and average of liabili-
ties y almost every prancn 81 trade ana ~
cotton. The value of reports tracing fall
ures to particular lines OF business is i'm
Crop prospects are little better for cot
ton, because OF the passing Of floods and
the increase OF acreage elsewhere. and for
counts OF Hh injury e 70 Winters s wheat begin to
appear and to stimulate larger sowing OF
spring wheat. as usual Western receipts
seshsls af afssf sss last anay s xIanie
ports also increased amounting to 1 4aS 107
bushels. -four included. against 1,44o.ls7
Sales Of wool. at prices firm. but no long
err rising. fall much below recent records,
Indicating that spectators are growing
enormous supplies on hand. At the three
chief markets they were s.025 BOO pounds.
of which 5.7546oo were foreign. an in five
against q. 527 100 pounds Ia the same weeks
of 1892. when the mills were well employed.
The anticipation. of better prices and
great increase in demand pushed produce
ton so far, in iron and steel manufacture.
that four furnaces in Eastern PennSylva-
mia. the Pittsburg region and Ohio have
The visible supply Of tin increased 1000
tom, tons In April q, 4 and the price is shade
The heavy sales of Lake copper are be-
lieved to cover some large consumers for
most OF the year.
Failures for the week. have been 22i in
and IS in Canada, against "A last year.
Bradstrecfs Review.
Brad1reet's tomorrow Will say.
Favorable business featur this week in
clirie the continuing decline of water in
the flooded districts OF the Mississippi
river valley, in a portion of which plant
ing has begun; better demand for staples
at Baltimore, st. Louis, Milwaukee. St.
Paul, and Sioux Falls: larger sales OF
iron ore 10 Western furnaces and a revival
of activity among country merchants in
some Central Western states.
Unfayorahle trade features include the
further decline OF prices for Bessemer pig
iron and steel billets. with production OF
pig iron in excess of consumption. and the
prospect favorable for blowing out a num-
Der OF stacks.
Cool weather west has checked the re-
tail demand and complaints are received
whom wholesale dealers in shoes. cloth
ing and dry goods Low temperature has
retarded the growth Uf cotton and corn
in Texas. and in Kentucky the leaf to-
baeco crop will be short. The lake trade
outlook Is not satisfactory. The move
ment OF business was slow. mercantile col.
lecfions show no Improvement ana the
spring trade in general continues disap-
pointing.
Exports of wheat from both coasts OF
the United States and Canada this week
flour included as wfear amount to ]. 49,
500 bushels. as compared with i.l5S,ele
bushels last week and l.sSs.o 600 bushels
in che week a year ago.
The total number of business failures
throughout the United States this week
does not vary materially from what may
be regarded as the average In recent years
ass against IA last week. and % in the
week one year ago.
There are 50 business failures IN the
Dominion az Canada. compared with 81
last week, ard 3 In the week one year
ago.
Review OF the stock Market.
Bradstreet's tomorrow will say:
While current stock speculation retains
as It's chief characteristic the absence OF
public participation. the pretomfnance Of
professional manipulatons causing the
narrowneSs that frequetiy deserves the
name OF stagnatson IL has not been with
QUE considerable interest throughout the
West. The principal incident was the an
nouncemeni that the modification of the
Dinghy tariff bill, as reported BY the
finance committee, included I'm It's provis-
ions concession 20 the sugar refining In
dustry. II gave the signal for heavy COW
ering. not only In American Sugar. but in
other parts OF the list Wednesdays
ports from Washington indicated that the
modified sugar schedule would encounter
strong opposition and probably defeat in
the house. There was a reaction in Sugar.
which was caused by the fact that small
bear traders had been driven 70 cover. and
Fears OF the rejection Of the arbitration
treaty By the senate. as proved to De the
case. had a bed erfect on Americans in
sell on wednesday afternoon. though the
incident seemed 20 be almost entirely s.fsre-
r. week has done so ntfie In our SOCKS.
ars has taken such a small part IN the
trading. thai IL could not be considered n
seecaia tive factor. and tn the present state
OF the war In the East. and the strong pos
sihlilsy or intervention and peace, IL too
ceased 70 be an influence.
Nor has the street given much atter-
ton either TO tho cngakement OF Nsaca 90
more sold for export early in the week
followed by the withdrawal or S.0o sso
more on Friday. making total OF nearly
Ss.eon.as within a fortnight. or 10 the sub
se1eent decline IN rates. and tEe sccom-
Pany1ng rumors thai the banners com
osnation WAS again in working order and
would make gold exports expensive II rot
impossible
Attention throughout was largely 0f-
rscsed TO the current tendencies IN few
| stocks. OF these, the most Important
was Chicago Gas. which advanced from
So 20 - en- the favorable report OF the
consoles tien hllz to the Illinois legts3A-
fure- Missouri Pa<ihc> On the other
hand. eeveso2sd iacFsase1 Weakness de-