The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-04-22
BUSINESS STILL BOOMING.
HEAVIEST TRADE EVER TRANS
ACTED AT GOOD PROFITS.


x
Co.'S weekly review % trade viii say To-
Eaorrow
Nothing apre ars in business or in money
markets to prevent continuance OF the
heaviest trade ever transacted a. COED
profits. The payment 20 Spain IS supposed
70 have caused same rise In foreign ex-
change. which would amour. TO nothing
In any case. as balances due from other
countries more than cover the pay merit
and advance Bills against the crop 10 come
forward in JCly and later VIII soon be
offered Loans on industrial securities
are still az higher rates than on railway
stocks. but on good commercial paper or
railroad stocks money Is in ample supply
and at low rates. Nor have stock opera
lions caused any appearance OF pressure.
The financing OF new corporations has
passed thus far with less trouble than
had been feared. though the completing Of
some organization Is hindered or has
failed
The usual time for financial troubles In
the spring has passed and the usual
alarm about the crops has done its work.
and stu sneusiriais are uudisfurbed The
che hindrance In stock speculation is
doubt about the crops bat better anofn-
ctas reports have supported inferences
warranted BY the heavy receipts from the
West and South. Farmers do rot send
wheat or cotton 10 market IN large GUAM
utr wAen crops anywhere near them are
extensively spoiled. Wheat receipts have
been s.sif.3S3 bushels against 5aS, s4s las:
years IN three weeks Of April, and the
improvement since April ! is worthy OF
notice. Exports have fallen OF amount
Ing from both coasts 10 only STA IA bush
els. -four included. in three weeks. against
ysls.l-- last year. ard the price closes
eaV half cent higher thar las; week
Nothing bn; industrial depression III left
n -taru,s~
are meeting something very unlike dspres-
sion The kind Of 'full's that appears In
the iron market rejosces the Manufacture
ers, because they are crowded far ahead
with orders. II means very true, that
many buyers do not want 10 contract far
ahead At THE high prices now asked. and
also thai many orders have been for a
time Withdrawn. 1t also means that man
ufactnrers who are so elswsed that little
new business can be taken are anxious 70
get nearer the end OF their engagements
Before nxsag prices for the future Al
most nothing is done in pig iron though
Southern IS sold largely al Chicago aud
Ffttsburg. Heavy demands for bars 10 be
used in car and other works cannot be
met al Chicago. plate mills there and else
where are refusing orders. contracts for
/ sesa 10 Io.UD tens structural work at Pitts.
!. burg and some at Chicago are taken.
though many others are deferred ard
sheets are less active because the works
ar. generally too crowded
The coke productsusl Is still close TO the
MAXIMUM London spscuiA tscn lifted tin
70 ssssc in SPITE ~ isss tens arrived here.
and copper is very strong and scarce al
sfzc for lake. with sc tons brought back
from Europe. though the United States
Production was only ASS tens f., March.
Aen who have heid wool stsfay for more
than year are selling freely al sottor,
A-s-f- r.sF4f 49,
Sales al the three chief markets in swo
weeks have been - ~ - pounds. of which
lssss..sss were domestic. agains. lssS,G.9
pounds ia issa
Territory wool aa0ss pounds was sofa
for export 80 England ant. la ~ Austria
Han IN bond. which has seen held here ~.
teen sn1n;hs- fine wool being very bsrh
there. while cgoss-hred Is 50 low thai II
can nov 80 Imported. Vita assurance %
better prospects FOR goods wooden man
uiactuTers are waiting for the eTec, on
various combinations. The demand is no,
at present especially large. and consider
aase machinery is Idle. Coffin has aa-
vsHeed az eighth An advance % NC IN
some staple goods Is considered s3gui5
can't and may influence other prices.
Failures for the week have beer. ia In
he United states. assinss ~ last year.
AMI - In Canada. agains, - last year.
Bradssrees's Review
BraGStTetts tomorrow Will say.
4He general business situation is one OF
qutet strength while the Industrial sgu4=
actively continues unahafes Rerorts ~
damage 10 winter wheat crop has ssrr,rss-
tngiE assie eject On prices as yet, owing
partially 10 improves. weather conditions
strergt aensng the hopes 90 larger area "A
spring wheat and also 10 good croo re-
ports abroad and increased visible xs1r-
plies as compared with y year ago. errotr-
astng foreign buyers in their neglect Of
American offerings
Ar enlarged demand sor THIS coantrv's
manufactured products in some degree
oolzFa1eFsalaness the falling OF IN the value
al other experts. notably cereal ana COTTON
shown. as corsnaYea xssh "a year aro FOR
TIE sa0atn ~ March drop % yls go 90, In
exports az nreadssufgs cotton r-ovisaor,s.
1--we cattle and mineral OILS naS beer mar
~ made M by r ga q az nearly SO 50 as In
other products. leaving she ret deficiency
"a compared with year ago. Per cent
Exports reflect ne Increased purchasing
power 81 me country. TIRE total for MHrch
IN fact being tas ls-ges, since Mav. lss-.
For sha utne months T@rsod exports as
whole Ars i little iexs than a8uass ire
Imports. IN iran ard sseei new business
r - even sTussier fsropors4azs notable ex.
espts0n- however. sssgug ia me tine ~ ~S-e
so>3z ant nails. go xafeh rr1ees have
fssea very generally advanced
quotations II rig ir1rs. steel Asl3e.s anI
nearly al re c~U5sr FORMS are Arsnsy
held while sar marry finished products
sUGA "A plates ana 5zEs sxsr higher quo
sasIgrs ETe asked Mills ara furnaces ara
repertst crowded wfih business on earlier
ORDERS ans TIRE disposition Of astTsys 20
SA9sv placing tAef- business fg- sse latter
PARK af sse year s. reported ss sfewez wfta
%ss8antnnily. TIE cotton EosssS situation 70
xss5 Il sferr ss~sa as ss-gsxs ere current d.
s.t2rs4 srn-u agents - light.
Retail dzstTs5Htfees ~ stspfM products has
tsen ~ proves ~ more favoF8sSs weather
sssax erscpaS@gsng hapss 1f failure xoe~s re-
~ ~ IT, ~