The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-07-17
TRADE DURING THE WEEK.


NEW YORK. JEly l6-R G. Dun s.
VIII say.
Excepting tlaa great coal miners strike.
"h-cn may terminate az any the. there Is
scarcely feature OF the business oZirl look
u n!CA IS fEo- encouraging this week Crop
pf0siects have been improved by needed
rams y some REGIONS and foreign adv ICES
CDui2nue % promise 4 larSz demand IN
many home Industries particularly IA
o;A-!1Ing, There = more activity than n any
Ar s-i,es $50, and he week has. brought i
oeA-cr demand IN wo0!s ana woois2s, while
the movement % freight mainly iron ore.
Is iaFge- Win money markets ancIou6ed.
tneFe IS nothing IL sight % hinder raj id
!ukroN stnent, when uncertainty about leg
ls4aflcD mas been r@Enoved. Tor the miners
strike cannot last long, and business and
Industries should 0ccome active. There -
much less apprehension OF a failure OF
fuei supply than there vas during the
Hrst Jew Gays. when prices plaIy ad-
Ienee1, as large quantities OF coal from
West virginia nave reached northern
nlarSets But soma OF tie miners there
have struck
Speculation in the wool market contin-
ueS. with prices at all points strong. Sos-
ION advancing with slsns OF boom among
dealers N when manufacturers are tax
lag little part al current prices. and at
the West. where holders are looking for =
great advance Imports 81 Boston were
2. W bales in two weeks
The output OF the iron furnaces 20 July
y vas letsi tons weekly. against is.S $50
June /. bur several furnaces have gone
into blast since July !. and the output IS
large fer the season. Presumably al IN
precedented share Of i * 70 supply tne
great steel companies. which are even now
putting more furnaces !ntO blast AND have
heavy orders taken when prices were
dropped. while the demand FOR structural
shapes and plates and FOR bars is improV-
Ing, though steel bars are now At the low
ast quotations ever known in PltTso1rs.
G11 cents 10 - cents with Bessemer pig
quoted slightly lower. Tin plates are also
lower az S. 70 for full weight and less than
- IS paid fer lt-poGnd boxes.
Failures for the week have been 2oS n
the United States, against go last year,
and g IN Canada, against s. last year.
Bradstreet's Review.
Bradstreet's tomorrow Will say,
The duliest month in the industrial year
Is duller than usual Notwithstanding iEn-
proVenent among pottarS and others. TINS
is due 10 reaction IN iron ana steel.
prices OF which are back 70 the lowest
point on record. a dragging demand FOR
clothing and shoes. and threatened fam
Inc OF bttUminous coal There are more
coal miners OUT than al this time last
week and Notwithstanding assertions that
arbitration viii end the strike IN the near
future some Of the large operators in The
10 arb!trate. Manufacturers OF cotton
goods and their agents report trade slow,
owing 10 the cost Of cotton and low prices
for goods. This has shut down a number
Rhode Island. A fairly steady business
is reported = Eastern manufacturers Of
shoes, but this trade al Philadelphia Is
dull merchants preferVing 70 hold orders.
Western wholesale dealers in clothing re-
port distribution unsatisfactory. Bar iron
mills are already shut down, and X the
coal strike lasts another week thousands
OF factory wheels Will stop turning This
checks the stronger and more confident
feeling in industrial circles. which was so
pronounced Il fortnight ago.
The heavy loss OF sheep in Australia,
due TO s.routh, and speculation in wool,
on tariff prospects. have made wool prices
higher. with large sales, about million
pounds al Boston alone compared with
10 10 pounds II the like week last year.
The worlds available supply of wheat IS
probably the smallest a. a Ike period IN
many wears. European operators expected
10 have 10 import 100 90. 600 more bushels
than lasr year and neither India. Austria
tia nor Argentina is expected 10 b. able 20
supply its usual share. Exports or wheat
-four Included as wheat, both coasts OF ne
United states ard from Montreal his week
show the first sharp decline since last
April amounting 10 lsi- 81 cusatls
against , 502 90 bushels last Week 80 -
bushels in the second week OF July last
Of lSs'
There are 9s7 business failures reported
throughou: the United States this week.
COMPARED with 2l3 last week 20 IN the
week a year ago pa IN the week two years
ago 2is in the Corresponding period Of 1884,
ana as compared with SIT in the second
week ~ July. 1893. There are 5 failures
reported from thA Dominion Of Canada
this week. compared with q last week. =
in the week i year ago. and . two years
ago.
Bank Ciearings.
Ire following table, compiled bv Brad
street. shows the hank clearings a the
cities named FOR The week ended July Is.
1887 with the percentage u Increase and
decrease a : compared with the correspond
ing week last year: