The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-02-26
THE STATE OF TRADE.
Il. q. Dun a. Co.'s Review.

NEW YORK. Feb. 25.-R. G.. Dun &
Cos weekly review Of trade Will say to-
morrow:
Foreign possibilities have much affected
speculation and caused hesitation in some
large business operations, possibly account
Ing IN part tor a check in the rapid adj
vance of wheat. but indus trial production
continues larger than ever, d few more
works being added TO the active list, with
a decrease in the number of hands on
strike and renewed evidence that the VOL
ume or business is larger than in February
OF any previous year. Nor is there any
symptom Of senseless craze based on
rising prices. The legitimate export and
domestic demand presses closer to the ca
pacity OF works, and though there is no
fighty advance in any line. and in all mar
rowness OF profit is a matter Of complaint
new business for this dull season Is I'M
precedented.
Wheat continued its progress upward un-
til N.ossa was reached on Monday but de-
clined to sl.03l. later as If there were fears
that Spain would somehow stop British
vessels from taking wheat across the
water. Any yielding based on foreign pos
sihilities deserves little notice. but the
price has advanced about Zoe since Chicago
spectators last took occasion 10 shake OF
weak followers. and the opportunity for re-
action was inviting. There is no abating
of foreign demand. Atlantic exports were
1.96S, sl4 bushels. flour included, for the
week. against l3?5.4t4 last year, and Pa
cific exports 15163I6. against 135.46i last
year and IN view OF current excitement
these figures are more important than the
aggregate for four weeks 10 1876 9f2 bushels
against 65Ss. il5 for last year from Atlantic
ports. and 4053,02S against 1,6ll 2i6 from
Pacific ports Corn exports for the week
were 145 per cent less than last year, but
the cash price declined but slightly. The
spot price OF cotton was rot affected.
IL is not the season for much improve
ment IN textile manufactures, but the cot
ton branch has gained by the closing OF the
strike in one Fall River mill and by the
addition OF some works at the South
The wooden manufacture meets many
cancellations, especially In goods sold early
without definite price but is doing more
than ever at this season. though new bust
ness in the higher grades OF worsteds and
woolens Is not particularly encouraging.
Sales of wool are slow. with weakness IN
clothing, amounting to about &c decline
from the highest point. indicating that
mills have a present abundant stocks. but
some are selling foreign wool In order 70
take supplies OF other qualities. In goods
Of medium and low grades the demand
continues large. The silk manufacture
shows a remarkable increase during the
last six months having imported raw ma
terial far in excess OF consumptio in any
previous year and at a rate 100 per cent.
above the imports in the last census year.
The iron manufacture mas more demand
for products and slightly better prices LOT
Besscmer pig, which has advanced TO
$40 - al Pittsburg, with gray forge I'M
changed there. Local coke Is strong AT
Chicago In spite OF some southern weak
ness and Eastern anthracite really good,
though quotations are a shade lower. No
finished products have changed In price
and all re strong IN demand, excepting
bar which a cornbinati0n has failed % ad-
vance Some large contracts are reported,
especially - car ard bridge building. ship
and structural work. and the demand for
sheets Is heavy. Minor metals change nat
little. tn weakening shade 70 lac, with
larg- receipts.
Failures for the week have been 223 IN
the United states against 2as last year.
and ~ in Canada against 80 last year.
UradsfreeTS Review.
Bradstreet's tomorrow will say:
White business OF a speculative nature
had been quick 20 reflect the increasing
strain in political affairs in reduced val
ICES and Withdrawals or CurtaiimeBt OK
activity in some lines. there IS little 10 IN
dictate that the volume OF dlstr- outIEe
trade has been reduced. The reports %
Hradztreet' this week 80 far as the lat
Ter branch Il business - concerned. are
among the best received This year. ~ 4ka
tx important except ions the price sff01-
tion - one Of strength. while the enlarged
demand FOR srss grains ~ taken 20 re-
feet the turning Of attention from h.sA-
priced e-e1 60 70 -rFf%e OF a iosr@- priced
character. A. ne Fast. last week spurt
s. tUs, 1ry E4-1lS trade at Boston at4s nor
seem ro he held. but al New York there
"a cor @i.ra,sle naoEs doing IA tae Jooo.i.S
trade.
Tee cotton situation ie one ~ arroneFs.
refe~t nE alike the c1F-altwent Or pro-
dvetfo1 growing eut 81 RE labor tr0u btes
ara -he frsfIne=s of raw o2rtor Induced 6y
a good eNrsor- demand. y Co.'S Is Arm. o11t
{he aemAnd mas percspilD}y s4ackenol. and
trFre "a less doing e. manufactured gpustz.
The best report as - the GtStTs ton
-ra SIS made frls year comes from the Cen
rra4 West Spring trade there - reported
ea ~i5.r tf9n usual.
Kansas C3ty perhaps the mos. insvor-
tar. market for agricultural implements
In the country reports the demand ex-
ceedlng al records and sales limited only