The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-11-05

THE STATE OF TRADE.
h. G. DUN 4 Co.'S Review.
NEW YORK. Nov. Ar. G. Dun & Co.'S
weekly review OF trade will say tomor1nw.
Not even the election has disturbed hus.-
meas or industries on the financial side this
week. Although many are doubtless wait
ing the votes before borrowing, the volume
Of business through clearing houses b
per cent. larger than lest year. ana Lse Per
cent. larger than In 1882. While political
doubts may count for much, they can only
have prevented growth OF business. which
mighht have been much more than rea.ixsd
Failure returns for October are curtously
puzzling, because while the small failures
v.ous years. and those Of 100000 or more
in about two-thirds OF the business classes
there were large failures in few branches
~, aas t9
but neither the Sawyer wooden failure nor
others, excepting perhaps some IN macnin-
sry some IL boots boots. and shoes ,s ana 'eatnsr
particular concerns falling. -
Neither the volume Of business nor the
value Of manufactured products dimintshfs.
bination at Pittsburg I0c lower. with other
ron there and elsewhere steady, the genera.
demand crowds closely on the heels OF pro-
p prospacts resarisng ing combinations. a1s "a
been Withdrawn because OF reports that
se na pro sns 10 e ssSSe ons
yearly. but plates are supported by heavy
railway demands at Chicago and at Fhi.a-
aeiphia for shipyards. The bar mills are
preferred to iron. In spite OF the new struc-
tural orders are very satisfactory. and pipe
work at Chicago Is far behind on Deliveries,
while sheets there are strong. London has
ho:sted the speculative prices Of tin and OF
copper but they closed at l0.l5 and l2lt
cents here. with lead weak and at S.6s. and
holders at Boston have discovered tho iais-
ity OF reports which they have long be-
iieved about the available stocks IN this
country and hsye begun selling largely at
pound. The weeks sales at the three chief
markets were 1919. 40 pounds. against
s,s57, zoe last year. and IS. lsi, $50 pounde In
cheering fact is that the large manufac-
,urers are now buying with confidence that
at some reduction In the cost OF material
the business will pay
Wheat exports continue very large.
amounting TO 4.ea9 $50 bushels from Atlantic
ports. -four included. against g. 2y7, 536 last
year. and 02S. Ss3 from Pacific ports.
against 1850. 252 last year. but the heavy ex-
ports have been much more than matched
by Western receipts Of s.43o09z bushels.
against go. s:ss last year, and prices have
largely, 3,oilo5 bushels during the week.
against l.s12,eA last year. and prices are
well held Failures for the week have been
, 1879 I'm the United States. against 176 last
year. and q in Canada. against 80 last year.
Bradstreers Review.
Bradsireefs tomorrow will say: Further
quiet1ng down OF new business In iron and
steel, the relapse into dullness, though at
steady prices. Of wheat consequent upon
the withdrawal OF the excited foreign de-
mand and some slight Increase OF quiet
in general trade chiefly at the South, a.
a result OF the approach OF the elections.
III o.
this week. Among the more actively favor
able features are the price stead.ness dis
played by most staple articles and the en-
larged distribution OF staple goods at many
Western and Southern markets, a. q re-
suit OF improved weather and removals Of
guarantees. Con'frmatory OF the quite IA
vorahle reports az 70 general trade during
October are the returns Of bank clear!ngs
for that month and scattered reports ss 10
the increased business doing at many cen.
tiers IN that month. as compared with one
year ago Export statistics of grain. too,
are beginning to show that ample basis for
stories OF heavy foreign buying really ex-
listed exports for the week being the heAvt-
est on record. New business In iron and
steel has been lighter than for weeks past
and some shading OF quotations. particular
~ steel. is reported. Export trade how
ever. Is large and increasing, and mills are
stin well enough supplied with orders TO re-
gard this prediction quiet with something
approaching eduanimty. Important nego-
tiatiens touching future prices 81 steel rails
are now IN progress, quotations are entire
ly withdrawn and som. reports are that
,fnportan. consolidation or al least control
Of prices and OUTPUT. has been practically
agreed uyson. Wheat has been dullfY b.r.
steady on uncertainty az 10 poss HE sor-
etgn eompi.cafions oNsstttng a heavy gain
in movement from producers. The current
demand and output Of -four has continued
TO equa, and even exceed all previous rec
ords An encouraging fea ssire IL the c1r-
timed active demand for domestic woois
largely az Boston, ard much OF 4 AT price
concessions with rather more reported Do
ing in cheap wors.ed. Cotton has made
another new record or heavy crop move
n,ents, touching cents for November de-
livery a, New York but Improved ferna nj
print cloth restriction have tended to firm
ness from che Manufacturers product
Wheat including four shipments for the
week aggregated s.Ts3.sn bushels against
3 sae aaf bushels last week ssn 4ss bushels
in the cnrrespondng week In 1897 3tz2Es
IN 1884 Since July I th.s year the exports
o. wheat aggregate = $500 bushels.
sratrx. 81 s-s Nes bushels iaes year
business failures IN the United Stats this
week number isg. asainst 2Is last week "a
IN ths week wear ago ara In 1885. go In
ise- ard 2s IN 1894
business failures in Canada for The week
number e., against = last week "a IN this
week a year ago. 50 In iSs~s % In lsas. ard
~ IN fse&.
RraAstreet's FIsa neiaI Review.
Hra5sstrest's financial review tomorrow
wifi say: Irresaiarsty ard duIlness have
again prevailed in the market this week.
In its early start IRE tone OF speculation
was depressed In ynpashy with the dis
4si-ted state 81 the foreign markets ard the
fears OF a European wa. Laisr % Z Wece