The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-09-10

NEW YORK. Sept. s-g. q. DUN 4
COS weekly reFiew - trade VIA say to-
Eefro~: Tia roIau1e & business IS ssrs-
e than i ever has been Investors across
TIE water have csugae ;he sue AID their
purchases o? American bonds and stocks
save been heavy TO- several weeks.
eesi has bees aho9s ! ce2: higher -
prsc@ ser spot. with Western receipts en.y
seoGf as large a. tSosa last year for the
"@eh Nc doubt sagse farmers have learn
e saat x j. foer business 20 held back
ger a4gasr 5r!ces. vet Sty many are doing
u. and are HskiAg inevitably q more dis
ssSfpas Grain "a prices after a time At
,ant;e exports Cor The wees nave been SIS
ls" SSsaeis, against so bushels last
year. Hour included. and Pacific exports.
year.
promising only lisa eSf so bushels, Nobody
can guess how great ;as demand FOR iron
anu stees products gay - month hence.
guy ths manufacturer 6as The rare good
sense 70 wait Tor the actual orders before
hcistins prices. So far the price has been
remarkably moderate IN the average % all
finished pro5uets. only 80 per cent. from
the !owest price this year. While pig iron
has risen less than : PER cent Ordering
this week Includes eosn toas 81 rails al
chicago, 3,1m tons pipe al Boston. With L.
tors plate FOR a Baltimore ship yard. and
heavy orders for ha IS. rods and especially
sheets 81 all markets
The. salas OF WOO! have been on.y ..ess. 100
iAel04se pounds for the same week las;
week in lSss
The feeling grows THAT N. prIces de-
hanoed at The West cannot be maintained
anu un.i WOOL sells at materially lower
prices me manufacturer cannot meet the
EXISTING market Cor goods. Prices ter
goods do net change and a considerable
nuinoer Of the mills will shortly shu, down
unless :he situation improves
Failures for the first week III September
Manufacturing. sse46 ns. and trading, s7oe.-
sl Failures FOR The week have been I6S
IN the United States. against gl5 last year,
ana 20 IN canada against 80 last year
Brndstrccfs Review.
NEW YORK. Sept s,-Bradstreers to-
morrow viii say:
Heat and holidays have impaired an ir-
regular appearance to speculative and gem
erai uis'ri natve trade this week and there
tore 10 the hank clearing returns. more par
ticuiarly at the East, but with the arrival
OF cooler temperature some Improvement
IS reported at these markets. Generally
speaking. favorable basic features already
noted still continue most in evidence, and
the attitude or Quies confidence in future
good trade IS undated. Conditions In
many leading Industries. bat particularly
III IRON aud steel. continue improved. The
general level OF prices OF staples Is the
highest reached fer five years past. rail-
way earnings favored by the large Ynove-
lneht or wheat To market are showing
larger gains tDan nave been recently re-
ported, good export demand being for
agricultural and manufactured products is
reported. Failures remain a. a minimum
ana reports OF poor trade are conspicuous
ny Their infreauency. Less favorable crop
reports from abroad and good exporting
inquiry are reflected in a rather stcatlier
tone IN w3eat and In advanced quotations
for fre;gh1s. Corn continues To experjence
weather market. bat prospects Of Weld
are stu regarded as favorable Following
me intense activity In the placing Of or
ders Tor iron and steel in the past few
weeks mas come q quseiing In the demand
out experience Of buyers and the very firm
and in some cases the upward tendency OF
prices. point to the conclusion that tho
iuii Is due almost entirely To the mills be-
ing already heavily ovefSoId Export bus.
mess has certainly been checked by the
inability OF American mills TO deliver
within time limits set. bu, orders have
been placed at the West this week for a
large iot OF steel bars for shipment 10
England.
Pig iron remains strong In tone, and the
hnmness OF prices Is feature. Southern
IRON Is in particularly good demand .or ex-
port, and holders readily refuse offers
where anything less than the full market
advance COMES from BIRMINGHAM
Undated activity Is reported At Chicago
ana shipments cannot he made fast enough
Small bat numerous advances in prices OF
different GLASSES of steel are reported from
that city and ~. Louis Several reads ar,
reported to be buying from TWO 10 three
htHS o. tlltte- BUSINESS Is active
at Kansas City. Omaha Cleveland Louis
vile and throughout the entire northwest
On the Pacific coast. San Francisco reports
merchants interested In developing trade
with Hawaii Healthy activity exists In
distribution at Portland. Tacoma and Seat
tie some check 10 trade IL reported in the
lower NJ ssssippi valley caused by reports OF
yellow fever and heavy rams on the south
Atlantic coast. Hot weather and holidays
checked the business IN dry goods AT New
York. bu, cooler weather has brought an
~ 4 tf,s.Af
again fallen off at Boston. Cotton goods
are quiet but steady ana the demand for
mems wear woolens is not up 10 expecta-
tons.
Business failures number l42 in the United
States, against iA last week; l13 in this
Week year ago, ITS III 1886. 2I3 III 1886 and
% in 1894.
Business failures in Canada number IL
against y last week. and 80 in this week
year ago.
nradstreeta Financial Review.