The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-01-16
TRADE DURING THE WEEK.



NEW YORK. Jan. l5.-R- @. Dun &
Co.'S weekly review OF trade tomorrow
viii say: The greatest growth and pros
perity the country had ever seen came
suddenly In 1879. after several months OF
disappointment because specie resumption
had not yet brought the benefits expected.
It is not the largest and most powerful
vessel that can be started most quickly,
and II takes time for new confidence to
return through easier money markets,
larger orders, resuming mills, expanding
employment and larger distribution, 10
the results which make still greater last
ing gains possible. Such gradual and
steady Improvement has been in progress
for more than two months.
The output of pig iron has gained 1913
per cent. in December and as per cent.
since October /. The output OF coke has
increased ST per cent. since October /.
Sales OF wool have again become larger.
though not yet fully reported Money
markets find q steady increase In de-
mand and commercial loans; additional
works have gone into operation each
week IN January. and tie working force
Is larger than at any other time for six
months Best OF all, there is so little
crazy excitement that IL may be as
cribed to the deliberate judgment 81 the
ablest and most prudent men In business.
1t is not time OF high prices Many
the market are making FOR the moment
lower prices than they could afford 70
maintain. Some have secured orders
enough for months TO come. and begin
20 be less keen In competition.
With the increase In the output OF pig
iron 10 l5a, 10 tons weekly. against 1873
last month, the price Is a shade lower at
the East and ct Chicago. but heavy pur-
chases already have advanced Besserner
a shade at Pittsburg. A sale of 1000 tons
of Tennessee No. 4 for export VIII yield
only &C. s7is az the mill. and the shipment
OF Q 600 tons OF hiilefs TO Manchester VIII
Yield only SIS az Pittsburg. Steel bars
have been reduced 1c. ard some ether
finished products 81 per ton. bat the de-
mand on the whole is steadily growing.
The coke output has risen from so,ooe TO
- sas tons weekly. The minor metals ara
a shade stronger.
Though woolen goods 90 not improve
there have been enormous purchases Of
wool by large mills, not In the records.
which cover for two weeks % January
nfi0z 80 pounds at the three chief markets.
against II sIT. go last yeAr.
The wheat market has varied but slight
y. closing nc lower. Western recsipts for
the week. Sc. CO. bushels. against ASSISTS
last year are checked by storms and BY
current prices, IN view Of farmers sxpec-
tations.
shA United States. against So last year.
srS 81 IN Canada. sgains; 81 last year.
For December more complete returns for
the month show gross earnings Of 50, ~
for the United States railroads. loss %
20 per cent compared with December. 1875.
and 2sa per cent compared with Deeenn-
Der. ASA
Bradssrest's Review.
Tsra=z.raet's tomorrow VIII say: EXCEPT
=. n fey Southern citiex. as reported last
-xaAb wholesale merchants throughout thu
snsy-rr-v~ report no noticeable c12ngs in
trade features ana few. y any, Indications
az frr,-~oveusEut IN tse near future Mer-
ean.fls collections cortsuas Glow. There
hsS h4sn no revival 81 textile circles, ex-
rso, Increased Trsrehsses Of wool az Bos-
.os nv some % the larger manufacturers.
ET~rovts II wheat -four fnclueedf from
49,, casts of the vusss6 States iris week
Accounted 20 SIS ia bushels. as compared
-rf4h z gas 90 last week, ss2-01o bushes IN
re week a year ago. az1 25s4.ooo "a the
week tw5 years age
--hsra have been 50 business failures IN
- r-r,.es Stases his week. compared
,rtss as last week. az ir tse second week
~ January. ISs. ~ IN tas Ike week Of
.s~r ans al compared WITH sss IA The core
s.orAsng psr5sd % n<4
-7rn4~~ are - business failures reported
.r--, sha Dominion % Canada tais week.
swsiuss - last week. - II ne week year
az AID 81 twc years ago.
Review Of the stock Market
pr.axerset's review % Ere stock market
u-s51 ~. ire feature OF TIRE week. n any
-, - named wss tire ses1tT support %
-. xssescs for sale ard Ire consequent
ss--,sff~ q ths bear traders n regard %
i.rreassg< their outstanding Snort eon-
.~s~tE T.era.u has not beer q factor n
80 market curing ERE weak TIE fran
al .scrson EAs. ncZe~Ar. improved some
what. discounts being down 20 Ssaow Per
cant. sugar nax beer ths actsve feature
- tb@ STOCK list In spite Of fns accounts