The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-02-20
TRADE DURING THE WEEK
II. 6. Dun & Co.'S Review.

n H AOtkA, te0. la.--fk. q. fGu y 20.
weekly review OF trade tomorrow VIII say:
a large increase IN the iron and steel
business on account OF sales covering
eight 10 twelve months production OF the
largest works. e better demand for wooden
goods and slightly better for cottons.
gam which may prove lasting Ia boots
and shoes, slightly better prices FOR wheat,
cotton, wool and iron, and a money mar
ket Wen adapted 70 encourage liberal pur-
chases against a future Improvement IN
business, have rendered the past week
more hopeful than any other since early
THE heavy excess OF merchandise ex-
ports over imports in January, the con-
unuance OF exchange rates showing that
Europe IS sfIl largely Indebted 10 this
country on current account and the pros
pect thar congress VIII adjourn without
Any disturbing action, az have their Ia
NorabIe influence upon The money Mar
kat and upon future undertakings.
In nearly every branch, the great iron
and steel industry feels the upward I'M
pulse supplied by purchases OF steel rails.
said 10 be hair million tons each from
the 1tll30iS Steel Company and from the
Carnegie. besides from some other COM
panies. Ia part az low as Sl5 per ton, about
100 90 TO foreign purchasers at 31IlA. but
all recent sales at SO 70 Eastern and SCI
a. the Western mills. Nearly all the great
railroads Of tbs country have seized the
opportunity to- supply themselves with
rails for one or two years requirements.
These enormous orders have avdanced
Besserner pig az Pittseurg only 10 cents
=
and no considerable change appears In
finished products, although plates are un-
changed in price with good demand, and
nails are held at recent prices. The bar
association no longer controls anything,
and iron bars are quoted al sI-o5 per 100
pounds. while steel bars are quoted az 80
cents per 100 pounds Structural terms
are steady, although le1e1 20 10000 tons
ara said 20 be required ia New York alone
this year. and American tn plates are still
selling at 9. 20. which IL 70 cents less than
the price FOR foreign.
''The sales OF wool have sharply de-
cllned. amounting 20 7.&09.1o0 pounds this
week against s.l5T,so0 for the previous
week. but owing 10 the heavy transactions
early ln the month the sales for three
weeks have been 39.l50 30 pounds. Of
which 1sbT.51 wGTa domestic against
- is. 100 pounds last year. % which 3 $500
were domestic and De. ss6. 200 IN 1889. or
which 10. ssa 90 we're domestic. The larger
mills have acquired full supplies for the
present and a. any advance % prices they
kst Tie demand for wo0len goods does
not seem 20 have expanded materially.
The heavy exports In January, follow
ing the unprecedented excess ~ exports
over Imports 81 merchandise IN the four
previous months. arc largely due 70 the
fact that neither ths wheat nor the cotton
markets have been materially controlled
by speculation. wheat dropped TO sac,
but rose 20 SIS. win 30 impor lAnt I'M
pulse except the coaYfctton tHat recent
prices have been low enough. The ATTAIN
I 20 gTs bushels for the week. against
q So go last year. bat for three weeks
have beeD 8 fe9 Al bushels, against .kss.ta4
last year. The Western receipts are stlI
mall FOR the week only 1591 sfs bushels,
against . .ays last year, and Tor the past
three weeks only tgs9.1s9 bushels, az ainst
ss9 II East year. Meanwhile the West
ern recebgtH Of corn have been Wei ntEh
double last years. and FOR three weeks
thu Atlantic exports nave been h-sls1lf
bushels against S.Z+s4@ last year. wv
Gently this movement Is clspsaetnE many
million bushels q wheat IN foreign con-
sumption. Failures for the past week
nave been 90 "a The Lnited states. against
20 last year. ara Is n Canada. against
- last year.
Brndxtreets Review
r-aasfreetta tomorrow viii say: Gen
s~sl trade shows Improvement. tae feat
ures OF which are the advances for Bes-
sener pix iron. steel otlisss. steel rails,
sozna grades q wool. raw sugar. Indian
com Fork ard lard. aud for print cloths.
wsth ar upward tendency for leather. 30
gather wiz a number q Fnst7l ana tex
Tsla estah3lzonssuts. which nave Tsgrcns4
within the week. ard an Improve Tleuf "a
recent railway eaTGsnEs-
Among the more important staples f3r
vvn}rh prices have decreased are. Wheat.
sour oats. coffee. cotton. Tosin ard t1r-
ueaflne. Taa unexpected Wes. s-gless n
wheat ara wheat four prices forms TIRE
best evidence Of the lax NJ c0Hidefre
aF RE trade ard geFeraf pan - cftt-
r-ial reports - TIRE size cf tbs domestic
wHeat crop q last year
Experts q wheat -four included IS
wheat from both coasts % IRE United
1tates ans frora Halifax. y S-. and ~.
John - g. iris week aggregate AID g
s.,lxnazs compared wlta z16l.." ngsls.s
laSt waek. 8tN1ea bushels ia the core
spons5ng week Il 80. t.ss - s1snels n
tae Ike week - ls5. ~ n re cor
responding psr83S q fsa& ard as co5trHsi-
60 a5aa - 80 bushels IA ihe Lks ~esk
-~-.~1 t,tss~eas essfrrr@ tr~rwgneut fhM
country have increased. 6at1p@T5ng -
fefs week. q8rurzrHa with 81 last week,
z~k r. fne fhira week q February last
year - IN fsls LIKE week - $50. % 81 rhs
correaean1s aE p&rse2 q ssst. and ~ u tas
week of iss6.
= hanks. bankers ard koan and trust
earupaEssz - rs TEsreS States. a. r.
ported 70 Era6stFeets iass year. cou-
pzre4 vita Is la $50. only = n 1ssl. ard
coufrzste9 wEth Is IA rhs p4ntc year. Iss5.
when the total OF estimated liabilities