The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-08-13
THE STATE OF TRADE.


NEW YORK. Aug. I2.-R. G. Dun &
Co.'S weekly review Of trade will tomor-
row say:
Prospects of peace have had curious
influence on business contracts not quite
eXpls.naole on common sense grounds
Nobody really feared disaster or exhaus-
ton of national resources. Yet orders OF
an unusual number and size have been
placed since Spain asked for peace. In
number Of industries there have been great
gains. while textiles Improvement has only
been begun this week.
Crop prospects are on the whole more en-
c1urag!ng. for the governments latest re-
port as TO corn Is much larger than the
commercial estimates. and its cotton re-
turn promises heavy yield while allow
ance IS made fer It's habituaI error in It's
wheat return. Money markets show no
signs % possible disturbances securities
ars stronger and there Is no harmful spec
ulat.on in stocks or products. Rarely has
tho financial outlook been more nearly I'M
clouded.
While wheat I. { cents higher for the
week there is less doubt than A week ago
that II VIII rule lower during the coming
year. THE general holding back OF gran
by farmers and consequent heavy shrink
age In Western receipts have reduced the
visible supply below all past records but
everybody understands tina: many times
that quantity is almost within a DAYS run
Of Chicago. The more effective change Is
the decreases In exports which have only
beer 3sss bushels. four Included f-o1'
both coasts. against 382q7. last year
2
million bushels TO- two weeks COMPARED
with last year. The price OF corn has de-
c,.Hed shade FOR cash.
The iron and steel trade fully supports
differences drawn from recent events The
demand .or steel = 80 heavy that some OF
thA Biggest concerns have been buying one
taking go tons. advancing the price al
pfttzN'frv from sl45l q SIS - which was
az last refused. Bessseuler pig ts steady
ana other as there and a. Eastern an.
Western markets generally steady hat
rails have been advanced by Eastern max
ers 20 SS Pc ION TIE makers OF Struc-
.u-ai bears have advanced tAe rrices 81
per or a13 makers % merchant plpe have
advances me nrice Ter cent. while p,a.r-
ruake-~ are crowded 20 the point az -efrs.
ing orders both East ana West ana bars
are stronger Wit snany mills engaged fer
weeks ahead Illustrating the demand are
reports ~ orders for - go car axies AZ Chi
cawo. - % tons OF structural work there
and hir orders a. phtla1slphia for cast
ron pipe and s0ns tons elsewhera F-ast-
e-n works row aprear 20 he crowded. 70
their utmost capacity. a. the Western have
been for some weeks. IL tAe mino~ metals
there IS heavy buying Textile works have
been sleeping. bu; ara awakening
T'ha demand fo- w0oisu goods s. now
Tueh better. although rot 20. sv'~~s
enough - warrant having the prices ask
- for rsw woo avs nearly I - the hay
irg haa bep- - ola S-ock The avr-exa.e
sales At .hr three rN'er markets have hfF-
oniv 40 - pounds for the week about
cne-th!rs ~ ~ sales - the Sava week
~ 80 while IN lSs1 for she corresponding
week sales were ~ 50 hounds
Fer tna week failures have hear Ia ~
the T-r.tes States awsf~~f ~ iss yea-
ara Ts IL T~~aFs eCsi-s' - last wear
Brsdstreets Review.
ETA 1StT@sf : wig saw tCTr GROW:
CrSDges - general .raSs ~ business
49, week Rave fesr very generally rowa~F
l-yr-cvvrreut. Eota-l@ - This re<v~-t hae
hee0 ire tr01 ard steei trade which n8r
~sssss t~er0 tie stage - n-cr7 e. =, tap.
- "a T~~-t CT Increased 3%0ss ~ a."
rrs~ked advances - values F-ro-r a. EN<
leading tYcr @s-'s-s cNTaS reuorts 81 rrcr.
~ les- improvement N -one. demand o.
7rfGss es~sctaffw prominent sC TO .zt'S-
particularly hetrg ste@, Siiies< at al a.
vance c. s. ae- ton. Steel rail. have has
AAVaRcaa rangirS fruu : csEss 10 e. ~