The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-03-11
THE STATE OF TRADE.
X. G. Dun 4 CO... Review,

NEW YORK. March l0.-R. G. Dun &
Co.'S weekly review OF trade Will say to-
morrow:
BY far the best assurance OF good bus
ness in the future IS found in the gradual
advances OF wages. The general rise in
the earning OF the cotton mill operatives
IN mos cases are ~ FER cent. OF iron and
steel workers generally 10 per cent, and
tin plate and sheet workers from TO 10
per cent, and OF coal miners in some large
districts about as much, has set a pace
which most establishments Will follow
which have reduced wages in the past
years OF depression. Those who fail To
comprehend what such a change may
mean have only to consider that a tenth
Increase in the wages of all labor would
put into the markets a new buying de-
mand in amount about three quarters of
the entire value Of exports 10 ali countries.
The volume OF business shows no signs
OF decrease. and for the first flll week
of March IL has been about al.1 per cent.
greater than the same week of last year.
aud Si.a per cent. greater than In lsS2
Most peop.e would rot expect the pro.
ducsion OF pig iron to be affected by the
weather Yet in the Pjttsburg district
alone the furnaces running are said 10 have
produced 1900 tors per week less than
their January output, so that the decrease
in weekly production OF all furnaces. rs
lai tons March l. agains, 2ss.eSs Febrn-
ary /, does not mean anything more than
bad weather. The shsinkage Of supplies
of iron in February. just when reased
supplies were expected ard needed, con-
vance IN prices, s.. - in anthracite No J.
February |. $50 IA Bssemsr pig at Pitts
burg and S2.'5 in gray forge. The urso.d
stocks wcr-s also reduced in February ss igf
tens. thai the apparent contamination
was 1893 tons In the short month. Near
~ all the work done. OF course IL at the
con,parauNelE law prices made IN the great
contracts three II four months aga. but
the few works which are still able 10 con-
tract for early delivery are charging about
what they please. md these quotations ap-
Ttf-s A.tg zHsarf csat
cases 81 - T. per ton premium L. paid for
delivery within sixty days Plates are in
especial demand and higher bat In rails
bars and structural forms the demand ard
prices arc not Vet much changed TIL,
= tirm at s-9s5. with consumption Of an
tons ulensnly. and copper s. scarce for spot
a slg.15. with lead weaker at s.3a The
trust refuses quotations far tia plates
The demand for coke exceeds the trans
porting capacity for the t1nueflsvs!Isa
region. bat iae output has been les So toms
fer the week, furnace being quoted AZ 81 90
and foundry at s. per ton
IRE No9Be8 rsa nufartuTor has been
ha'npered BY doubts ahnut the pr.ee of
wool N0w n big comb ration 81 wnrstea
producers aas been formed with several
other combinations proposed I'm goods Of
other kinds. hast these DO nat encourage
ku+tfg affd tae se2Estn continues SfSau-
pointing. IN WOO! markets sales are. ba rs,-
* equal 20 ere ordinary consumption az
5be mills dependent on them. bat prices
aTe rather weak
Exports II wheat 10 MT 40, fall below
]aSt toar'~ mary have for some months
expected. and tGe Atlantic experts. -four
inrtude0, have S@eu fer the week 80, gea
bushels. against $50" 80 last year and
tae Pacific exporie fk2 le7 hBShe}a against
- SIS last year. with ether EXPORTS 81
30 ~ bushels Western receipts were
40Tl0l7 bushels. against - els for tha
saEng week last year ard she 0utput
from tfie country goes far 70 check ap-
ursn@usi@B rs 20 deficiency u the crop
Esfs pr-ea = ahos3t = lover for spot
10 ~ he = EerF -
she usted States. asaius5 as 5ast year
asd 8 la Canada @galnst IS last year.