The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-02-18
THE STATE Oh TRADE.


X. e. Dun q Co.'S Review.
NEW YORK, Feb. l-.-R 9 DUN :
70 weekly review Of trade VII say to-
morrow:
BEYOND question business is apiins
and IN many branches II IS larger r,3f-
outstanding speculative combinations
which tend 10 reduce II. Al uonopoiivs
or attempted monogolies 81 sirnilat-s hgssi-
ness while they are coming. but tend 10
Sltfia X after they GENE, and the strong
combinations and trusts which have bessa
Icrfif1 Or proposed have gwen tern
l1[afy u1t very questionable impetus %
trade. But beyond the influence OF these.
lheEe "a genuine and substantial en-
Iafgsment OF business due 10 the uRex-
ainped prosperity OF a growing population.
The weeks output of pig iron February I
was ZSI,tlS tons acslins; 2:S, 5ls january /
and 20. S2s December / The average week
~ production thus indicated was about
lou tons greater IN January than in De
cerI2oer. and the uns0ld stocks were re-
duced ,b9l tons in January against - Iii
in December so that the apparent con-
sumption IN manufactures was in Janu-
airy Lllc,05s tons, against LOS i.G In De
Cemoer. The stoppags Of several furnaces
Tor necessary repairs at time when the
demand Is most pressing has caused some
fear OK famine. although quite ii number
OF furnaces have started slnce February
/, or are about to start Pig tr0n has adj
Eanced but the largest consumption ever
recorded IL any month Is In part due To
the hasty purchases Of products about 20
ne fehlEpi&eG or advances In lSTlCA hE
combination There are 50 many OF these
in the E1R ana steel industry that the
present market does not clearly Indicate
the magnitude Of demand. and disappont-
Tnent in some branches Is not improbable
But the rise az 81 IN steel rails with the
entire capacity OF all works engaged until
after july is not unnatural nor the
sfrcngfh in plates for The legitimate tfp-
mand which Is beyond al precedent and
the same Is true OF bars, the quantity re-
qufrei Tor cars, railway and agricultural
implement works being enormous II
pipe the association lifted prices s per
cent with very heavy order from thu
Indiana gas works, as does the expected
combination IN sheets
No fictitious demand has cauSseu the rise
In grain, for the exports continue so heavy
tn wheat and corn that the advance OF
81. cents In wheat is sbundantly justified
and the rise Of 40 in corn seems scarcely
enough for the occasion Atlantic exports
have been retarded by the blizzard bat
have been = - 10 bushels -four inc.nded.
against a.i+-,,cJ last year and for the crop
year thus far the exports including nolr,
have been 80 ~ 10 bushels against 49,
7}4Ii2 last year.
When L IL remembered that the exports
CT corn are almost as large a. the iarg-
est ever known there is reason for aston
i.2ment a s}e continued foreign demand
That 70 persisted in Keeping strong al
vance in prices here since September /. 10
r}ost encouraging u is obviously 1mpos-
s.hla 10 fudge how far Il may 90
There is much inquiry for w1oi ana the
manufacturers have q large demand for
heavy weight goods. but taey maintain
es ard most 0F the purchases male APP
par 80 have been IT some concession
Sales at 81" three c.ivf markets wese
{ 3.4t So poz}ndS which is bout the weekly
cons urs3pt{on wish EassegTi mills val en-
rtoyed haff they wevc rart specgla i've a.
cuuut and ia fine and tna medium terri
tory sales are mentioned ~ - cents c can
- and IN ono ny a. . c@tjfs and ~
ward.
Tho minor metals have bean running
weaker with a reaction n London al
though the industries have shown no
abatement - demand IN this country. and
increased consumption
Failures for the week have been rs IN
the United States. against - last year.
and Is IN Canada against 3 last yeAr.
8rndStrecfs Review.
praas.r-et's tomorrow VII say
Following the long continued cold waTe.
calm mating sn heavy snow ans sIe%t
storms ard Indictment weather generally
throughout nearly ali sections e be couu~
try. come reports x FeN3vi1E spring trade
sti OF Efforts 20 ascertain tbs extent -
uh{eh material interests have suffered
An things ~c-x' G@r@d the damage SO far
"a Indicated while serious IN a0r9e sFc-
lions Nsz proved l@ss than might have
baan expesfed n view - The severity e
Tie visitation. EXCEPTION Is - Colrse.
made In tae case = the winter wheat crop.
from which trN7' @nTfa* sHp3rfs So IA
damage are not forthcoming - this early
period Of th> year From the EeUrh come
reports ~ more sertous damage. parttcu-
larry - tbs grow Gg fruit and vegetable
frxp4 Even here. however. permanent
damage aside fvpm The reported less -
sra Y.r.a ke~f cotton. seems ~ - ce~ters4
II ne. states = Georgia. Florida and Lou
fsfzra SausfacfGTf} reports q g VssuYnp-
ton u Nprfng 4 distribution com from ;se
" est induced hy q considerable ? E@ 80
rssur.svatGre. ard u good volume ~ hast
resa Is reported IN tne Fast aad IN the
Nffsf-@ states - result - sne -~Cesu -
rsa7 - StT. lrfe~sere6 R1tA. RNce 'ta y
Itsa STOCK have keeu chez kR3 - Western
es-t4rE hs5t szftgrates - losses - cattle
d. rof re41a exceed = gar Gems ~rzHs
saw g ess Il - "a sow ss per ceitf-. scd ms
ass{v ~ tra aaea Of ra*t5s "a Tire ranges
4 satisfactory business eFEeara 80 "a
-g1f~g ar - "a rnaef ans export
business SIS fairy active So F-e0e3seo
~-uo-fS c.snse~varlss- arsO~E r4sre f-anf@ ~
account % the dry weather. Reaef -
hoped fnT. hgwere-. from the usual s9ging
Fssse.~azx "a wool has rz.@~a-3v hre1
re...o7 nut Boston reports large tra-sass-
s-.ra 81 g1 woe-4s 90 H-s @Fn1E2E
So. Industries .rpa Az3 steel nre eff,l Sx-
remedy a@glvs an1 further a4Fs-f@7 nr@
p. -e-+-ss Etz1--F 20 ~ svrgTssf sssi.- gains
IL --srr4@y enA sretrer GsyEas5Fuse~s - v5E
5e~- rfhft 4 v~st ra,F-e~f- * tcesr - Ara
reported anxious yTSsT}iSg sspp. - =
materials \ r@g~@eaEie fsstszr@ t-nga cfaa
r.7s~s ~ ~4@w - fze = ported gTcwlnT IN
fTerrDcN a1 the par ~ fa@ Aua%y3@az5
s~rTtgoe~s tosVa-t fTrs@rt ~4Ezl ~ tbsH9ga
cause fer sA-s IS .e2a1 Ia tbs fact sA&s