The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-07-15
THE STATE OF TRADE.


THE STATE OF TRADE.
r. G. Dan 4 Cos Review.
NEW YORK. July Nz-R. G. Dun Cos weekly
review Of trade will say tomorrow; -.
Because every prospect pleases. II - the nent
time TO watch most closely for signs At troube But
II Is not easy to and them when the volume Q.
business Is g.. per cent larger than last rear ana
;5s larger than in isse the best Of all except
the last when failures continue the smallest ever
known. when the exports Of staples pegn 70 I'M
prove materially or when railroad business Is BY Tar
the best ever known. or when New York bankers
appear in international operations, listening 70
Essn tsen the dispute. Incident to the
season cause less trouble than usual. the larEest
Of them having been settled Thursday by the I'm
plate company. The Bank Of England ands u aim.
cult to borrow more money from this side and
frankly raises its rates while this country begins TO
ship fresh crops. for which Europe viii run into
debt
Iron production in the first week Of July was
IS, 81 tons for the rast two weeks less. because
producing 200 daily though II Is expected to
end today, and several other furnaces have begun
producing t;sis month
decrease Of 30 ioo In unsold stocks not Of the
great steel companies implies production OF about
l. rs. 900 tons in June
Consumption would be l, sos go tons and IN the
half s.sH2l5 tons. hut for the fart that steel
makers have stocked heavily against orders running
supplies so that consumption proves only 67ooooo
tons. less. Prices clirnhing. but only
for the srifiing surplus not covered by contracts
part %" 4 the hp actual sass b i q more import
that orders though many, seem no longer
we furnaces and other works practicsliy ahan-
doned for many year, are being started again.
Copper Is shade weaker a. lstc for lake. eoveyn-
ment reports placing the output In lsee 1t 56.-
81 .Ml pounds.
Tin is strong with London speculation At g. q.
and lead Is advanced oy the sme!ser company to
As.
The largest shipments Of boots and shoes in any
year for the season sos in two weeksl.
results from very extensive pressure to anticipate
orders for August or September, distribution far
exceeding expectations.
Though cotton Is steady in spite Of Texas floods.
at g. ioc. and the general demand for cotton goods
r. full and sustans prices, 4 reduction II half
cent in fancy prints il reported Larger dis
tributsons are expected this month and export de-
mand increases.
In wool great speculation I. in progress Sales
in two weeks reached c22lsiioo pounds. against
ASA 800 in 1895. when buying "a anticipate
duties II is worth noticing that purchases hy
manufacturers are mentioned save one for 400
pounds. though Is much calculs alton that 'the
Western fren,ics sometimes make Eastern mar
kets. but as q rule consumers make prices In the
end.
In sharp contrast with official and other wheat
reports the recorded receipts M Western points
o., sassl bushels in two Ferks against Lai,ss
cned lie and exports. -four included from Atlantic
ports in July TINS far. were LIS. sH bushels.
against toss 3l2 last wear. and from Pacific ports
liiasss. against saila last year. besides sos 5ss
Bushels this year from ether ports
Failures Tor the week have been l6s In the United
state. AGAINST rs last year: a IN Canada. against
3 last year.
bradstreets tomorrow viii say:
NV features N the general trade situation this
we0 arc on an almost 'rsormiy favorable charae-
trr 40 rare indeed are the disturbing features a.
70 neceSSftafe search To locate them Additional
statistics Of past trade movements received
ta,niy Of an encouraging nature. foremost sn~ng
these being the exceptional good railrnad earnings
returns for June and the first haf Il the and
ssoer'aned totals ~ an enormous expert trade near
~ equal IN the phenomenal business 81 the preced
ing fiscal year The reports Of railroad recever>hips
Tor the first hall of the year bear q striking
serahisnce TO the lis. OF business mortali:ies mas
mueh as they are the smallest Ia number reported
since r-ceirershirs first hecame prominent Among
current Gestures mizhf be mentioned the aise
favorable report nf the AGRICULTURAL ds,,art.
ment which while confirming earlier sdvices ~ =
moderate Weld ef winter wheat and therefore
of smaller aggregate crop than that gathered last
wear admitted hoveve, 10 have heer Iayrct~ ~,
deresta,nasea pin, TO large acreage in cnr,, and
conditions which ~ maintained u,,id a..r rn-,,ss
in a crop in rxcess q 400 ssa op1 bushels
fa,e ,lnfavsrrahf4 reras-tx f,cr, Rp<.s. yc.n. 90
s,iil more pronounced i,rajrn'in1 ~ crn y,e,as i,
e4tiua:eS have also hesa vht-tioa ao,r,, ..s ~
.u,,lo.,s see1ns % f.~a- ,h. rrotshs,,,r a.. "a.
win kav ,ea,v 81 ,,rrs Whoa, - A,r.~s.a :. 4. al
in tho las, asesI year When IL n,rh, bs asdsd
exrsfs exceeded the totals ~ the boom year 1886 -
The sr,,I.vas.,. - a. sq -. ins''s'f't ofe
svixs,.. ..a ~ ~. ,S...i... an sas-
Gar a. rsx,,i. 4, n.a-tT ~ ~, -, $500 us1s
;nrrsascx .,s ia .,es- 81 - .''" s ts Nsse
The i7nr hf.., s,,,ss~a -, e. ae,e.osHnsnn.
=. -. - sHs9 POINTS 10
arallsh,s s,orks ~ n.r i-,- n.'oae, , has