The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-05-21
STATE OF TRADE.


n. G. DUN 4 Co.'S Review.
NEW YORK. May 2o.-R. G. Dun &
Co; CO., Weekly Review OF Trade tomorrow
Growing accustomed to war possible
ties. which are mostly far from probable
tiles of event, and finding the nation NOV
ing along steadily in its industries, peo-
pie are graspiug the idea rnat II 10 throw
ing away some months OF active and prof
liable life to walt until war clouds have
passed. Western prosperity has so great
capital that actual business done Increases;
railroad earnings promise better fer
May than q month ago. Tor April, and
week In May show gain OF $40 per cent
over last year ans. rs per cent over 1892
while month ago the increase over last
ss ,sese Wae ana s
Several large contracts. kept back for
some weeks because or nostilities. have
now been placed. and instead Of works
closing or reducing forces. returns show
the starting Of some works long idle and
increases OF force and of hours at others.
Government work occupies many estab-
lishmen,s but 1t counts for little com
pared with other demands.
The key of the situation Is the prosper
lily Of the West. which the altogether TN.
precedented marketing Of breadstuffs. and
prospect OF good crops to come have caus-
ed. These prospects and actual receipts
OF wheat. amounting 70 $50; 7is bushels
year, with advances also In other grain
and cattle. have produced a demand for
rails. cars. car materials. agricultural inn
plements, boots nd shoes. and all textile
goods. which was not anticipated from
Eastern indications. Exports OF wheat do
not diminish, but in three weeks from At
1885, 500 bushels. against 742 bushels
last year; and from Pacific ports. 1,7s.I2s
bushels, against 61o.6s7 bushels last year.
Saturday. rose cents on Tuesday and
closed o1s cents higher for the week
In iron. Notwithstanding the greatest
some advance in Bessemer pig. with only
slight decline in the price OF grey forge
at Pittsburg. but full quotations are Oh
bars and sheets the markets are dun. but
at the West are strongly sustained by de-
mands for car building. tin plate manufac-
,uEe and other uses In plates and struc-
turai forms, all the works are fully en-
ployed. and generally crox1sd for months
NOR plate for Great Britain has been taken
by firm far inland. with another OF
smaller quantity, showing that the export
demand, In spite OF higher ocean freigils,
is not yet arrested.
sumption and Lake copper at IL cents. in
spite OF American production amounting
10 2. 9os tons for the month, 10 per cent
larger than last year. with slight de-
crease I'm the production of foreign mines.
The textile mills are doing rather bet
ter. even the cotton mills. in spite OF
portance have recently started again. and
print cloths are sixteenth higher. There
is a stronger tone In the market gener-
ally. although some mills OF importance
have stopped as their orders for the sea-
son have run out. While sales OF wool are
small, 8. 3Ss 800 pounds for the three weeks
past. agains. 1885: 700 pounds last year.
the manufacturers have ample stocks. al
though some are obliged by government
orders 70 seek IN the market grades OF
wool which they had not expected to re-
Quire.
Failures for the week have heen 80 In
the United States. against 26s last year.
and 10 in Canada, against s. last year.
Bradstreets Weekly Review.
NEW YORK, May M.-Bradstreers
weekly review tomorrow viii say:
The exceilen: foreign demand. al good
prices. for mos; products OF American agri-
culture constitutes. as for some time past,
the leading feature of the country's trade.
Second only to this. and necessarily FORM
ing an important link in the chain OF good
trade. may be mentioned the almost uni
formly good crop situation. furnishing the
best evidence that foraign demand now.
and in the future will be made quietly.
The balance Of trade already piled up in
this country's favor constitutes an cement
OF strength. which: in IL etfect on the
money market. can hardly be exaggerated.
Naturally dependent upon. and merely
phase OF the foreign demand. Is the acttv-
ity visible in nearly all Enes OF Transporter
ton, showing that this industry, like all
others. IS sharing 10 the full in the appre-
citation OF business having It's rise IN our
heavy export trade. An increased willing
ness 10 regard the existing war as merely
an incident IN the counfry's business seems
evident In the trade reports received this
week The volume % bank cleartnxs re-
ports. Of railroad earnings. the movement
OF prices and the reports received from
the iron and Steel trades all seem 10 con-
cur IN indicating a maximum volume os
business for the period OF tae year. with
even greater hopefulness manifested than
for some time past as 10 a continuance CT
favorable conditions TAsre are & is
true, some features Indicating shat the
favorable.
While the reports as TO the winter and