The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-03-26
THE STATE OF TRADE.


NEW YORK. March 25.-R. c. Dun &
Cos weekly review Of trade will say in
tomorrows issue:
A waiting state of things ALWAYS binders
business 10 some extent. With more than
s5i,eDeosl In gold received or on it's way
since this movement began. with ample
bank reserves and treasury res arves. and
4 redemption OF notes in all ways nearly
a third smaller than in February. 10 date.
with no siringency in the money market
and sterling exchange weak. with the vo,-
ume of business at clearing houses outside
OF New York larger than In 1899 by CO rer
cent. this month. and with failures nearly
y, per cent smaller than last year and g
per cent smaller than In the same eeonth
Of 1879. there is not much visible ground for
panic. even If earnest efforts rnosld fail 10
keep peace with honor. Wsriike reports
come every day and stock opsrators make
the most of them, and ye. rae average of
Prices OF railroad stocks IL sGtS against
S,s.a ~ two weeks ago today. Nor have in
dustrial operations been rercaptib.y af-
fected. except where extraordinary buying
pause Tor breath. so to spcak, f,r wherc
unnatural prices had caused 1ait before
the destruction Of the Maine.
Some decrease In new engagements would
bee expected with war apparently near. but
as vet scarcely any indication ~ decrease
for that reason il seen. II /. difficult to
take dismal views when the nation i sur
passing all records in marketing products,
Atlantic exports of wheat for the week
have been i6o s26 bushels against I.s12 Hs3
Last year. and in four weeks 2. 9o2aii. -four
Included. against 5i02 As last wear: with
Pacific exports 1 "a o. against "a ~ isst
year. The price has declined 2T-e bnt the
heavy shipments and contracts 70. ax-
port ara having q constant influence.
Sales Of wool have been only u iii e1o
hounds in three weeks. AZ The three chief
markets against $40. Sea pounds hast year.
aud quotations are yielding with sales OF
old wool iesllc below current quotations for
clothing and no indication that radnufae-
tnfer. are nearing the end OF their stocks.
lion 20 orders smaller than for 1--we vfsrs
past. and find natural explanation in an
advance of prices greater IN zone lines
than distribution seems to warrant Vet
tho mile are nearly oil full Of orsterg for
some months 80 come ard rather more de-
lrI4ud for goods IL seen since colder wealth
eF appeared.
TIE iron and steel industry is more fully
employed than ever before In ~ history.
and although production 90 EesseTar rig
4 beyond all precedent the price advances
and bsllefS are s,lli bought in opan markets
hy snEn@ 81 IRE largest pToIUc re. Other
mig is steady IN price and no 6ecliue sp-
pears N finished products. excepting Steel
plates At the East hut for these TIE de-
rnand a Chicago Is enormous for ears srf
agricultural implements materials. TEND
ing orders for cars covering "a In go
each The Structural demand during tie
first quarter as NJ per cent. larger than
IN The same quarter for any previous year.
aga u Is SID that tl1e demand for pipe ~
Sweste3 hv renffirg contracts for us.se for
- rFs4lss Minor metals are cornuara stvely
n1Ist tin A. i4&~. Lake copper ~ - lead
grfn az &C and nickel tD heavy demand
al SO.
Failures FOE the week have been Il In .ta
f'nste state against III last year and Il
II Canada. against ~ last year
arnd~tr~et's Review.
rraassraet's tomorrow VEL! say:
The favorable features Of TIRE week in
04strIbutixs trade have been the reports
coszgirk. with few exceptions. fronl all
parts q the Nest ard Northwest znd
ssfarTsR only hp TIE checks 20 business asI
shipments ea1sssl by heavy rains and high
water X t1e Daso valley The unsettled
condition - car relations Win SPAN il.
credited R81h exercising some effect ssE<sa
immediate ae1sa lids Aad upor fugsre an
SersaksE.S "a tne eastern portion OF the
country Esul Efe two Industries. cotton
and voSS.@ n most complaining. ara those
in q aEra se4Tfg!stsoUs ether thar foreign
complications Rave for Sosne time mast
been working toward depression TIE
coarse Gotten g,>os}s situation does .ss
improve II any say aaa declines IA Print
cloths - a stIN io%@r record utsotxt.ez
rendering srsos65e imminent acf4aa ~
TElau8fsf tEyYsEg toward euYEasfsrs gsToest5s.
ton ia ss4.s lire Wasf@ some xozsfsas7 s-esrs3s
znssts nave ALREADY booked coed ofrse~s
tfse c1zlnHss itsrs IS a xifn5@ has rot h.~rs
Gp 90 aG.5c3pstaons. Esa sooi hn-sss,yer
Dies gak reflect the rather unsatisfactory
cord ttsa - sze HaAsaSSsact z1Tea product IL
lower 9sSess8fsGfS
Tce esaasss tt&ar 81 tha iron am1 steel .~ssa
- GGe nStesa excited satisfaction ana a.
ES0si ss2fpTs~* FgoFn u nzTnSsr cs zf.se&v
separated SECTIONS t&s report COMES 81 an
s7Fzf9s1eztSs3 sttEF}2Y szs 1-SF8y asl nwsns-fe-s
NJ t1e ge2&~- 4sS .Ton - gner Al zsst.-rsi
markets 8g}3 efforts toward barrnossixSer
TGz9zsefs5as increase. ard rzzzgasAsfs,snss
IFoa~cSs are beng sxsfdgo2S3y passed