The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-04-09

THE STATE OF TRADE.

te- feetinR 1upeISfneo- 1ue ctoSsu8 WaS
THE STATE OF TRADE.
u. G. Dan 4 Co.'S Review.
rEw YORK, April s.--R. G. Dun & Co.'S
weekly review Of trade viii tomorrow
when everybody Is asking whether II is
to be war or peace. the state OF business
Is not easy to Judge. Since nobody can
judge just how wise bankers may be. in an
emergency. there Is some uncertainty, but
thus far scarcely any stoppage whatever
OF manufacturing concerns appear, nor any
indications that the PRODUCING force ~
likely 10 be diminished nor II any such
symptom to be seen in business reports.
Every condition Is either confusing or I'M
favorable. So far banking consefs tisia
has not caused failures. which continue
caused stoppage OF any manufacturing
concerns. nor lessened the volume of bust
ress reported by railroads In tonnage, or
clearing at principal points.
The wheat outgo counts for much ana
continues, Atlantic exports having been
?Al. as3 bushels for the week, against
els. against 4s;.6s5 last year Since corn
exports continue. 3.lSa,6J0 bushels against
3.3a. "a last year. the strength OF the de-
tv sna aren cUs 70 &c Is fortunate hal West
ern receipts OF wheat do not fall short OF
the extraordinary gain, but are still 1,s0l.-
4s bushels against i;ssa.llo last year s5
supplies OF wheat are fables for children.
The price rose steadily. and closed &c
higher for wheat. with corn lie higher.
production. compared with corresponding
demands In any other year. however
prosperous. and yet nearly all are Keeping
some are Increasing their force. In one
branch OF wooden manufactures. two car
pet mills have stopped. or are about to
Complaint Of cancellation because Of
higher prices. and possibly. in some cases.
because OF inferior qualities. has not been
followed by reduced production. Sales
Of wool are insignificant, and prices have
declined cents for finer grades and over
cent In the average for all quotations.
only because spectators wholly under
In the IRON and steel Industry. With de-
mAnds greater than ever before from gen.
eral sources. urgent orders from the gov
eminent enlarge work. but do not adj
Disaster il trade shown this week by
separate branches OF business, for the
month , e March and also the first St. guar
been possible for 1--WE years. 1t il inter-
esting to note that nearly all branches
show surprising movement.
Meanwhile, banks are extremely eau
tious. and commercial loans are but 10
per cent OF their aggregate. The belief
tina, a yno In all sTanehss
-
otism by the banks is no, wholly un-
founded. and the heavy receipts OF gold
from Europe count. for little compared
with the greater or less hheraity IN loans
by banks. Disturbances do not yet APP
pear, however, and failures for the week
have been 232 in the United States. against
2SS last year. and 80 In Canada, against
IS last year.
Dradstreet's Review.
Bradstree,'s tomorrow will say:
4 sensible quoting OF the demand for
staple goods Is perceptible in the various
detailed trade reports coming to hand
this week. AT the East the drift Of mat
ters affecting our foreign relations has
been such as TO discourage new business.
but this tendency has been considerably
which has checked the usual Easter de-
mand to a considerable extent Reports
from the West are that the heavy rush
OF spring business IS about over. ard that
orders coming In now are of a filling in
character.
Here. again. reports OF unreasonable
weather are met with A fairly good
business Is reported at the South. but
slight check to our export trade is re-
ported. growing out OF the raising OF in
yurance rates. consequent on the dis
to have done considerable damage 10 the
peach and other fruit crops of the South
ard to early planted tobacco. A fairly
satisfactory trade is represented at the
Northwest. Lake navigation is now open.
aud anticipation is that a prosperous
years business will be done
Rather less activity is noted in most OF
moved fairly well. gnghams especially
being In excellent demand. and except for
low-Krade cot;ons. notably print cloths,
which have made a new low price record
OF cents per yard this week the stua-
ton Is as favorable as could bs expected
Wool is dull. rejecting uncertainty as TO
the future. and the result is factory mar
gins Of profits.
The iron trade continues to report a
large volume Of business being done, but
IL Is becoming evident that this Is chiefly
upon orders previously booked
ENGAGEMENTS for future work have dim
tnished alike In number and volume par
sicularly in the East. pending the out
come Of foreign complications
A feature OF trade at leading cities this
week II the active business in bicycles in
Chicago and New York, where sales are
81. Louis reports boot and shoe ship
ments for the quarter as heavy as before
al this time
Wheat shipments. including -four. TIL.
week are slightly larger than those OF iast
week. and considerably in excess OF Iast
year. aggregaiing 3.773.s3s bushes for that
period. against 3.5So,ss4 bushels last week
2$3s.Mo bushels In the week year ago.
LISA 90 bushels in lsS. and a.s3A.0s0 bush
els In 1855
Business failures In the United States
this week are 7al. against 23s last week.
- IN the corresponding week OF 1857. 30
business failures this week in the Do
rslinion 81 Canada number s. against rs
last week. & IN the corresponding week
OF ISL. ~ in isas, 3 IN lss5 and 3 in 1894
Bra.strect's Financial Review.
Bradst-eet's financial review tomorrow
will say:
Speculation has been extremely nervous
ard irregular within narrow limits an the
critical appearance OF our relations
with Spain. The situation IN this r~spe<.r
Keeps the public ogt Of the market ara
the sreeGlstors have been CAUTIOUS ara
quick 10 change their position. Iacuida-
ssou has apparently been thorough and
complete. and stocks are Largely In strong
pararivssy small. On the ether aa1a sne-
eeSise covering movements On ressgr.s 81
settlement or compromise Of tha differ
erces Saswee1 Spain and the Irnlfaa
states. have rs9aeesf the short Interest.
whsca was quite large last week T,o1dou
has done little here. but cur rasrkes sirs1-
atsoa Is Watched WITH close a,teatfon. as
indeed & - hy the Local pazs.c and ire
resssts nee offered 10 bear selling. from
time Ia tine. creates the .rsaz.y~e@sfx, .Aas