The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-07-30
THE STATE OF TRADE.
II. G.. Dun & Co.'s Review.

NEW YORK. July pr. G. Dun & Cos
weekly review Of trade viii say tomorrow:
Big business in January is expected. but
big business in July means more. 1t is
the month of all others when trade Is nat
urally light, new engagements are ordinar-
lily deferred and men wait for the outcome
and movement of crops. But more busi-
ness - being done this year than IN any
previous July OF which there are records
The payments through clearing houses have
been SIS per cent larger than in 1892. the
year Of greatest prosperity heretofore, and
for the month thus far 50 per cent larger
than last year and s.4 per cent larger than
in 1882 But these records and the others
have TO be judged in the light of heavy
declines In prices since 1882. SO that the
volume of business transacted Is about 20
per cent. larger than the volume Of pay
neuts indicates.
Considering that the purchases Of nearly
half the people depend on the success OF
agriculture and that the prosperity OF the
entire Transporting interest ia materially
affected by the size OF the crop TO be
moved. !; may be said that the reason that
the proinis. OF general prosperity this year
Is unusually bright.
The offlclai report of iron production for
the frst half Of 1925 shows an increase OF
any previous half year. and what IS Jar
more important the consumption In manu-
features appears for the half % have eN-
ceeded the output. Estimating the exports
for June only five months having been
officially reported. the consumption has
been 5.94S. s45 tons. against 5.so9.7oi pro-
against 9s4 $50 tons produced. II Is we'll 10
remember that in June. when production
declined because of stopfage. for repairs.
the decrease in unsoid stocks vas AIS
tons weekly. The new orders received are
surprisingly large FOR The season. covering
five thousand tons II New York Tor rails.
90, toms rails for Russia and 5000 tons
for Japan with lo,o0o taken at Chicago, and
4 noteworthy demand for structural forms
at Philadelphia, and increasing demand Tor
bars with enough to keep the plate mills
for a
bars at Chicago including ore order Tor
5000 tons implement stuff and an excellent
structural demand and the heaviest demand
for plates ever known at PittsJurg sales
Of R,,sSsmer iron have been heavy. reaCn-
ing $3.50 tons al Pittsburg. without change
in prices. a.. -.,.., .,,,,. Gar
have been 7Si9 333 bushels. against 1885,
GA last year. but prices have declined ma
cents, and farmers are holding back their
wheat in the hope or higher prices ne
exports for the week have been I3F,Sli
bushels from Atlantic ports. -four inc4ud-
ell. against 1.7Is,8ls last wear; ana from
Paclfic ports I2s.ili bushels, against 42s 81
last year, making for the month s,@'5 ls3
bushels, against $40. To- last year. The
sales of wool show a remarkable increase
I'm large TRANSACTIONS for " hiCh 30 prices
are named, four being quoted a. Boston,
covering ..0o. 80 pounds, ana The aegre-
gate a. three chief markets has been
'"34 g" pounds FOR the week; and Tor four
weeks l9si9,2o Of which L,5l1.4ra we're
Failures for the week have been - in
the United States, against 2ss last year.
and e in Canada. against y last year.
Bradstreets Review.
NEW YORK. July 29.-Brads;reets to-
morrow viii say: While "a ye, showing
little actual effect upon d!str!buuve trade,
there : cvii enCa that the improved pros
poets for peace. with probably wider mar
kets fer American products. have gwen
more hopeful t.nge 10 tle fsde oCi.oCk.
more particularly with the East THIS Is
reelected IL active preparations by ship
pers and coas;.ng trade Interests 70 share
in the expected widening Of demand from
the VS. InG.es. As fer some time past,
however reports 81 solid business returns
country. AMI n the markets y: t13t sec
ton are reported Signs OF grolnI-Swel
Of iall dema nd. Signs 81 Improvement
come from the tToa and steel industry.
more particularly from Wesg II fhe Ale
ghenies. where slight advances ~ pF.Ces
AccompahYin G good Vo4ans 81 domestic
ana export p.siuess ara Feport ed
Expeeted a1rtty N shipbuuding IS re-
fected IN the demand for plates AZ East
ern poln.s. rather better tone - found
t. the anthracite Goa! trade. IN which.
a result g one q those numerous gentle
naars agreements prices have been ad-
yancr+} ~ the West from previously 4lT
cat rates TIE situation in cevea.s s
hardly a. satisfactory q coGsd - Wlsae3.
casa grace~ arB& .oweT taF ne week n the
face q PROBABLY record bresk !nE small
wo--d.s sar,l.t 1 - August and good az
pots from ta.s s5aDtrE. wA.8e GUtuTrs ar
.es~ depressed. hut exhibit the pressure g
expected IaeTai supplies at f yrnc ard
heavier crops abroad.
Ire sugar markets 8Ts dan. and STOCKS
- refined IN the channels - DISTRIBUTE
are reported SINAI IA. sugar. however.
remains feat3rsirss. perhaps Awaiting a
ch~@r approx nation as IN fhs ELECTS OF
resent oT lanln.oent -7aGEes "a terFifog al
authority oa the - gar trade u The y er.d.
Cereal exports s-.L cor tsrgsed q a sails
tsEta-v vt.I-e wheat shipments - tie
A 2
ba~1e.s as aeairst : 10 ~ hgSArts last
veek and compared e3:a al ~ bushels
ia ~ cGrTespsndlnx week % taSt year,
:. IS - bushes n his Week 81 49, ssb
81 bushes n lss5 ard :. 81 q bushels Ia
LISA
1aksres remain a. a 1o<1zl lev rSosat.