The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-05-28
STATE OF TRADE.
II. &. Dun 4 Co... Weekly Review.

NEW YORK. May 2s.-R: G.. Dun q
Co.'S Weekly Review of Trade viii say in
tomorrow's issue:
The nation faces war with a reviving
volume of business. The West is doing its
part, and more, but at the East. a so. the
volume of business is now expanding
Without abatement in any important line
the great oatgo OF wheat and corn con-
tinres to stimulate business at the West
and railroad earnings show an increase
over last year of l5.1 per cent. In trunk
while east-bound shipments from Caicago
In three weeks have been 3ss,s0S tors.
against l5o,Sl2 last year and 1913 tons in
This is largely because of the enormous
movement of breadstuffs. Atlantic ex-
ports OF wheat, -four included, have been
3.I2e. 442 bushels for the week against
exports were only s2,ls4 bushels. against
Nas5S bushels last year. Wheat receipts
at the West do not diminish. but run
far beyond sse those Of a year ago-for the
bushels last year In four weeks exports
from both coasts have been 1851 S74 bush
els. against 5.1o4, Ss4 last year. The mar
corn, exports having reached 5.55o.o5s
bushels for the week, against 1,5S4.5l1 last
year. and In four weeks exports have
year.
Official, and all other accounts. agree
III estimating that the wheat yield will be
fSSma sas5 tS,, large this year in spite Of
much damaged for want of rain
Starting this month with the greatest
consumption ever known, the iron indus
try has made surprising progress in new
orders. which reached about 100000 tons in
bars a-one. over 80, 900 having been placed
at Chicago and 1900 at Wheeling, mainly
resulting In. the extraordinary demand for
agricultural implements. Heavy con-
tracts for structural work amount during
the week to at least 1900 tons, with 9TH
GRO ~%N Hal
contracts outside Of the heavy demand for
the government are very large and in
Guide $500 tons. for shipyards In Glasgow
and Belfast. Many structural and bridge
contracts at the West are pending. with
probability of large orders during the COM
ing week.
goods. with a sight advance in print
cloths and a substantial gain in sales OF
staples.
Wool sales during the week have been
Were domestic against 6.Si2, 800 year ago
and 4,sl1,ooo In the same week of 1892. The
manufacturers are largely supplied with
material. although some. who have heavy
government contracts. are obliged TO buy
different grades OF wool than those they
have In hand. Activity. in the market Is
ers almost universally believe In higher
prices than can be yet realized In Eastern
markets, so purchasing is very light. The
silk mills are all busy and the linen manu-
Failures for the week have been 24o in
the United States against PA last year,
and Fl in Canada against q last year.
Bradstreet's Weekly Review.
NEW YORK. May e7-Bradstreet,s
4 total volume of business: y' fmliy PRO-
portioned TO or in excess of that usually
noted at this season of the year Is indf-
Gated by reports to Bradstreet's his week,
weather indications have made irregular:-
~, and perhaps dizziness. In most sec
tions OF the country the situation gsner-
bank cleariDgs. as was 10 be expected.
shows the contraction usual toward the
close of the month OF May. but with few
exceptions the crop situation. the volume
Of railroad earnings and the reports from
a number Of leading industries point to
maximum volume of business doing in
most parts of the country. Relatively.
the best trade reports continue. az for
some time past. 70 come from the Central
West and Northwest. where the outlook.
both as regards crop yield and prices. con-
tinue eTninently satisfactory 10 the agr.-
cultural interests.
The wheat situation shows little change
in the week. but these, and next years
deliveries appear to have parted COM
pany as shown by the increased stringency
OF wheat for immediate use, pointing TO
unmpa.red strength In the near statistical
position while. on the other hand the
large WELD foreghadowed tends 10 easi-
ness in prices for next years crop deliY-
cries
The pr!ce of corn reflects less anxiety
about the crop. induced by the return of
weather favorable 10 planting and growth.
Weather cona.t tons DO not altogether IA
vor the cotton crop, dry weather being
complained Of throughout most OF the
South Atlantic and Gulf states.
Reports frnrn the iron and steel industry
are OF very large business being done By
the mills and furnaces. The demand for
merchant iron and bars Is reported good.
the latter particularly. being a reflection
Of free buying by manufacturers of aeri-
cultural implements. who report heavy or
Sers based upon fiatterfng cereal crop pros
poets The market for pig iron is rather
more quiet. and prices al leading centers
show some shading. confidence in a future
large business. however. being as set un-
impaired.
Signs accumulate that the long iooked-fo-
Improvement IN the wool trade ts nearer
realization. rather better business being
reported a. NEST Eastern markets both in
domestic and foreign grades OF wool This.
tn part - 4 result 81 good ouying against
contracts far government work. and partly
atSa the outcome Of the sirrncr tone and
slightly increased activity at Western
markets. where prices are reported Errner.
Cereal exports Sill continue unpreceaens-
eddy heavy. wheat shipments for the week
aggrsgaisng T. 80 is3 bushels gains, a.Gs$S.-