The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-01-09
r.. C. Dun 4 Co.'S Review.

r.. G. Dun 4 Co.'S Review.
NEW YORK, Jan. s.-R. G. Dun &
Co.'S weekly review OF trade viii tomor-
row say.
The year 1897 begins with ono clear az
vantage. The past year has swept out
OF the way a great number OF unsound
concerns which In any time Of activity
would have been dangerous 20 business.
OF the 1855 commercial and banking
failures IN 1895. with liabilities OF se7s, SIS
Tsa. a large share represented Gripping
losses in previous years. or the violence
OF speculative storms in 1895 or the first
half OF 1885, while thousands more result
"a from the fury o. the political tornado
hast fell.
Banking failures amounting TO $50. rs. els
during the year averaged si5s. l5s each.
ard were I45 per cent. larger than in ise5.
Commercial failures amounted 10 s2as,-
SOS. little over 2le0e coo having been
added the last Gay of the year, but the
average liabilities. sl49e2. were smaller
than in some years Of great prosperity.
The failure OF brokerage and other
commercial concerns averaged SIS. as
each. incres sing iS3 per cent. over 1895.
while manufacturing failures averaged
s-sSS each. an increase OF IS per cent. and
trading failures increased i0s per cant.
and averaged only g 61S each. Over four
ffths of the increase in manufacturing
snd trading failures was: In lumber
manufacturing. Ire per cent; dry goods.
60 wooden manufacturing is: clothing
trade %: shoe trade. s. leather and shoe
manufacturer. LEI: grocery trade q; ma
ehinery. 90; milling. III: furniture. 20, and
printing. p per cent.
While banking failures have not ceased
ct the West. apprehension about them
hiss almost subsidized and 10 serious In
fuence upon general trade IS now expect
e4. Many sound concerns were doubtless
caught by the epidemic but practically
al the important failures are traced 10
disregard % law and az banking sense at
periods somewhat distant Il IS felt at
Jas West that all business IS sounder aft
e. is purgfng and the return % money
to New York has exceeded shfnusrts 20
the interior BY s. ee0o p8 for the week.
Whea: rose 90 Sc on Monday. bot has
declined again 70 So. with Western re-
celpts 3 million bushels smaller than last
year while Atlantic exports hour in
GUIDED. were 2aS1 80 bushels against
81 - last year. TIE trade accounts H.
eicate a great quantity in farmers hands.
enough 20 permit more than 1fg 600 asa for
export IN the reuAinIuE six months.
Prices % wool are "A shade lower. In
wooien goods. the only change is Fsc IN
clay worsted and mixtures and orders are
net frequent
Orders for boots and shoes have almost
ceased. except for Qualities. which have
besn advanced only Zl.c 20 e IN prlca. hut
3otbers ara buying iteye nore as stocks
Tga low.
Enormous pur-1ases - billet came with
a rush. usost - TIRE large eoncerns cor
tracing for al they require for months
aa1 even g year to come. ard some q TIRE
LARGEST contracts are sad 10 have beea
shogt IS o. even hess bet there IS - set
I'D better demand f0r structural work.
Bars srs weak. oats have decfizad 70 81 e.
f3r wire and $50 fo- cut and little Is
doing IN rails. as possible layers think s.
Is TOO hi<h with b.lletz at SIS per ton.
Never Heless. a great trade Sc expected
when relative prices become settfad.
The aggregate o g-oss earnings ~ az
railroads n TIE United States reporting
for Decsuher A. s. part q 1aoata. and
Is SEs IS a decrease % "a Per cent.
compared sgitE LAST yea~. and - So per
ceat. compared with The c0rresponatag
tine II ISL TIE later veposts make
szeore favorable showing thaA any - the
earlier rsS2~ns for taa Eoatl- Foc the
fo2rth week roa9s reporting k2ow q con
st8e-4ale IHcEe&ss e gross ssrntngs- TIE
Increase = nst confined 20 any one see-
tiar. bat nearly az the ssrgs systsxzs re-
peri = large Ea42 = the fourth week