The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-07-01

iantsc ports agains, 1sa12.1- last year and
z.4fS.7S from Pacific ports against lsS 10
Lax year.
cespts the price has dropped iss and corr
ako fell cents with exports II four weeks
II. SIS bushels against 12.a5s. 10 last ysar.
The cotton market IS also weak wisAs hessy
receipt. and good crop prospects and de-
cifned sixteenth.
Failures for the week have been Isl In
the United States against Isl Last year and
e In Canada against Is last year
BsadssFees's Review.
Bradstrees's tomorrow will say.
Though seasonabiy qufeter In many lines
the strength OF the general business sit
uation remains apparently unabated and
the half year closes with the commercial
very satisfactory returns in the recent
past and ma0isessfng a tone of cheerful
confidence regarding the outlook for the
49, Az, na OF @ lie the ,e ea , % saanIs
rank higher than the best hitherto expert
enced, and the notable rise In prices wnicn
was such a feature OF the past spring, mas
done much 10 reconcile traders TO the aa-
mistedIy small margins of profits, which
modern business operations tend toward
making permanent. Touching this matter,
IL might oe added that staple prices TO-DAY
are In majority Of instances well above
quotations ruling for some years past. the
general level, In fact, being the highest
since early in i8s. In some instances. OF
course. notably in iron and steel. recent
advances have brought the lerei or prices
well above anything reported since sss2.
though IL il TO be remarked that much OF
the business done in that industry this
spring Was at Old levels, the most san
guine Observers In this line having failed
to accurately gauge the real proportions
OF the late advances.
That the transportation interests has
a rSs-
sulting from several years of large crops
and active demand In proved by the cur
rent good returns. the best probably re-
ported 80 far this year, and indicating
a progressive gain over all previous rec
ordg for the six months. Notwithstanding
the steadily lowering rates OF sransporta-
tion.
There IL little In the immediate outlook
that can be construed as unfavorabie. The
iron trade having finished the most event
full half year In its history. and most OF Its
contracts secured at the old low prices,
faces a very good outlook fer the balance
OF the year at prices which guarantee
large profits. providing adequate supplies
of raw and partly manufactured Hlster-
ials can be secured. IL Is not unreasonable
10 look for some check. In fact, to bust
ness I'm the Misunderstanding industries
owing TO the scarcity OF these materials
One Of the latest instances OF this cited
is the serious delay reported to the ship
building industry owing tosthe scarcity Ct
steel plates.
The labor situation has been one OK the
most satisfactory features OF the hair
years business voluntary advances hav-
ing raised the compensation OF thousands
Of operatives and 1abor troubles being con-
sptcuous by their absence till toward the
close OF the period under review. when
failure 10 agree upon wages and hours in
the Colorado smelling industry and In
the finpiate manufacturing rendered
large number OF workmen idle. In the case
OF the latter industry. however. the sus-
pension. IL IL hoped, will not exceed the
usual summer shutdown
In agricultural lines the outlook, though
somewhat Irregular. Is In the main favor
able. The smaller yield of winter wheat
seems at the present moment likely TO be
partly made up for by an increased yieia
OF corn. and spring wheat prospects.
though impaired somewhat by too much
rain, are regarded as encouraging.
Good weather throughout the country
has allowed a rather better turnout in
winter wheat than was looked for Earlier
and general rains throughout the south
have helped the cotton crop situation.
while rice and sugar have also measur-
ably improved.
The closing week of the half year finds
special strength and activity In iron. inm-
Der and wool and wooden goods. the lat
ter industry having at last apparently pc
run 20 share In the prevailing prosperity.
4 feature OF interest In this connection y
which seems TO insure. temporarily al
least, a foreign market for considerable
high grade domestic wool. Manufactured
fabrics share in the strength put manu-
facturers are not credited with having
large stocks OF raw materials Confidence
In good fall trade Is evidenced by reports
coming from many markets OF good Cr-
dars already booked. the volume OF SUCH
business already done varying from 10 to
~ per cent In excess OF last year, whicn,
1t may be recalled, was quite sstis.ac-
torv ore I'm this respect.
Wheat Including -four shipments Tor the
weeT aggregate :. 81 COS bushels. 1gatost
a.Tss.Tls bushels last week, ssis,4oi bushels
I'm the corresponding week OF lsae, .,tas.sfs
bushels in 1897, COL ,ass bushels In 1875, ana
2onsoot bushels In 1895. Since January l.
tbs season the experts OF wheat aggie-
gate - aess so bushels. against 2G, ~, soa
bushels last year.
Corr exports for the week aggregate
44se. ZIG bushels, gaiust 2ss2,i Az bushels last
week asoI. 80 bushels in this week year
ago 90 4ss bushels In iseg, i,aa3.s1 bush
els in issss and sss sso bushels In 1885.
Stree January L. this season. corn ex-
ports aggregated 10 ISL. "a bushels. against
ias .su7 pc bushels during the same period a
year ago
uradstreers Financial Review.
Rradstrees's financial review tomorrow
Will say:
exchange were not large, this weeks mar
ket has been far from dull. Nor while the
speculation has been 10 very large extent
professional and manipnlatite IN origin. aas
i, lacked decided features OF strength.
Their, has in fact been evidences OF re-
newea public huygng and the large risf-
s.hasee OF American stocks In London and
foreign takngs In eur own markets have
heen a notable feature: The latter. III
deed were sufficiently large In cause "A
drop I'm exchange rates and for a time TO
create belief that the geld export move
rnens was az an end This Idea was not
suhstant ated as the Inducements sim Of
tered ev the Bank of England and the
Paris and Beriin markets resulted n gold
shipments this week to the amount ~
S.fssasss raisns the total since the move
fYs,nt hogan early In June 20 Sis.ea esh
Neither the continuance OF the gold ex-
ports or the extraordinary amount in dlv!-
Send sitshnrS enseBfs seemed. However, to