The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-01-21
1,.E STATE OF TRADE.


NEW YORK. Jan. Or c. Dun &
Co s weekly review OF trade VIII say to-
morrow: a new year rarely opens brightly.
Too many traders have to walt for the
demand which in winter comes slowly. The
Industries resist fairy we'll the tendency
TO unlimited expansion which some have
to meet Speculation in products Is gain
ing bat little. while In stocks enormous
volume OF business results IN continually
higher prices. The volume OF payments
through The clearing houses IS extraos-
binary. AZ per cent larger than las; year.
$50 per cent. larger than 1897 and 5i.5 per
cent. larger than In ISs2, with the trans
actions outside OF New York showing
gain over 1889 OF s4a per cent. Specuia-
ton at New York, therefore, cannot be
the main cause OF the gain. Difficulties
between holders OF material and manu-
facturers continue to hinder in some in
iustrtcs and I'm some may prove serious
1y embarrassing. but the activity is on
the whole unsurpassed hitherto and the
volume % traffic IL beyond al expecta-
tions- In some branches consumption Is
running beyond he producing capacity.
hut in others 1t IS hiudersG hy doubts
about the future supplies and prices OF
materials.
The woolen manufacturer Is stin walt
Ing, with only n moderate demand for
goods. as yet. Tire production IL large
and considerably larger than 81 recent
years. bat does not mary approach the
capacity % the mills Sales az WOODS for
the past three weeks at the three ceI1ters
OF ,he Eastern market have been 70 49s.-
coo pounds against - 1e@ 9ssi last year ant
prices % domestic Tsece are lower. with
present demand running largely "a Cgsar-
ter and haif-Hlao9 Australian croxs- hretss
But there is not enough change In mate
rial or demand for goods - ssrsyssYa &c
heavy fsyyinG by manufacturers yet
The Iron ard steel manufacture leads
ri others in the volume ~ new business
While oro34Ttt en Is much the ,a~gest ever
known many ~ the works are with
~ F~r< a
hfhs,ory prices In order 10 check orders
w9tes1 they cannot I'll for months 30 come
ard 10 n0t want - accept at current
prices The rgrnher ~ rgsch w@rks ia
yav.A}y increasing as R%~ssrne- Zig * a
shade higher AZ Sic - sifh sales ~ r ssl
tons at fSi'sturx. and sfere t. something
Ike a famine IN gray forge. uifn sase< at
g -. although, ore sails 81 s. q In the
ncss aTe ~ very great demand especially
FOR car building sn1 special work AZ the
Wezt t9s week S+cws 70 advance 81
prices, excepting TIRE - csu,@ y4r ton IN
steel rails ut the East. Those conditions
favor Continuance of ths extraordinary
FOREIGN trade xhfeh resulted in the great
ssf balance In favor ef this cceintrv ever
known January isis y@s- Indicates 4
similar excess % cxrorfs over imports.
arr while w5eA, exports have fnceNa sod
every month siace tsst August they have
t~ser IN three weeks Is a7ssss7T bushels.
Sour inc,''s2es. froEss both coasts. sga!cs.
- ~ - Es7fsF*E .sAHt ff3oE
Fafs-cs fgr ire week Sa~a Nsen 80 n
th~ United states. against ~ last year.
ard II ~ Canada. against x last year.
Braastreet's Review.
F2raS1s-Ye&t's tHrfss~rDx. VIII say.
The cont ss5ze3 strength Of staple va&uas.
ntssasej ~ further adva Fsces tass week
* sroa ard xfee1 ard other metals Il Csof-
ton a. Ire Svslsh am lumber At sa.Tne
y esfe~s points. ns& undoubtedly at2ssf =
tAe csaHa 5sEeee s{{A "a asa Gs@ esl..@5z <r
fhe ersz~ss8aE year r. regarded. TaAx sAEs
xssn fseeryce sss q sAsr bass - sart @Fisl 20
sea 3ss-e9 f-efn fhs F~sssFts r@ss3 Frss@ from
re .ron 2nA cox fcrs goods trades. tks Sryse-
res. 81 ca.to- being % considerable srzse--
@ss sn view - tse Depression rz4atsS
th~oslssrsTt tEs ls~waT part - last year.
GssF.s frsze s8ssess sssasn as~ca1 ~
s4a-seE 4 movement - ne SFssta ard Seq
5eesy - pare 8cEss estimates - reflect
~ Ia t1s s.1E1s gar - raw east.sy~ yssssss
IL w9>r k.<<z