The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-01-28
GREAT GAINS N BUSINESS.
COUNTRY N EVEN STRONGER
Position THAS LAST WEEK
Eaovnons Amounts OF Capbtai Seek
Ing Inyeasmess Causes . Heavy
Advance In All s~eartties-GFeat
xs.nres AIso Advanee In Price.

NEW YORK. Jza. A.~-R. q Dun Il
fs<.,s xeesly regsew Of Trade Nil zay To-
rssorgUws TIE country "a IA = ssfo2.ssE g'e-
eissor thaa a week ago Esra4rEsEss
strength .B I've Industries 10 al important
h4.t rot fre chief etsasezs14 Ps1hai2 conf
Gence 10 the business Of TIE country ara
lis sgeurifsex Las bern fezs&c 10 al Ifa-
usual extent by TIE sEe1SD faL IL xsacks
araa M slshsesxisegs, rs6e C0ssfs1eacs In tie
xA:s.e s1f wheat corn and c3ktSn Eses been
saGwn by the markets. and 81 rising prices
TIE wcs1 6E.ys ieeaass i has - bay. Iiae
vast saxpiy Of unemployed es85ataa las tssfa
shssn lrspresssrsIy. and the nsw and
starting rGesss nGsssce of fGsesgn money
uss-kstz fixes attention. The sufnper move
vlth prices 81 low grades sharply adysnc-
Ing Railroad earnings and tonnage nave
sisswn surprising gains. Treasury receipts
are gaining. add vote on DE peace treaty
ias been fixed for February s.
The weak points IN the situation may
fret be considered. Weoa grows weaker
beeaose forced By speculation year axo
10 prices which the market for goods could
not sustain, and has bern much esatsr-
fazsed IN trying 10 sustain ever since
Western bankers begin 10 a1ssse s2ee1 ir<
tive holders 10 sell, The eases OF wses are
sfia ANAL manufacturers buying a Fnsis-
dslphls. where prices are gleidlng. father
than ~ Boston, where great Efforts are
made 90 SUSTAIN them bait the goods move
soent for hsasyseigf1ss II xtfsi 9ixapEotnt-
ing and compare lively sla~. Larger or
ders for Iisiatz Fights keep many works
employed sales for the week nave been
. &c. 40 pounds. ard for four weeks 60
Do against 20 &T $40 last year aas6 - -. 80
for two years ago.
Fig iron has risen a. Chicago because
Of high fssixnts from the South, and ~
P1ttsburg a shade for BeNemer and gray
the Tnesisns the rise Of per cent. in pig
II exceeded by the ffse of per gent in
products. The pressure for many products
~ such that the works are sbe 10 make
at Pitfsburg and wire nails have Msghiiy
advanced. The demand liz heavy sr all
lines. covering 80 1e toms rails ia one con-
tract from a Southwestern road and many
Of smaller quantity, A.eo tons bars and
many for less quantity. covering SEQ
steel cars for the Baltimore 4 Ohio. with
other ship and miscellaneous contracts
numerous bridge contracts. with one pend
Ing from Canada and Others from Ill parts
Of the world; 1N0 tons sheets AZ Pittsburg
with hesvs business elsewhere, and a gem
erai demand never surpassed. Nails are
advanced by the combination; pipe works
are crowded and negotiations In Pistsburg
for iflssr consolidation IN also In bridge
building.
Wheat has risen cents with much bly,
Ing. based on extraordinary exports from
Atlantic ports. being for the week. -four
Included. s.as. sn bushels. against s.ssi. s5s
last year; from Pacific ports. ...5s bush
chs, against LIMIT last week, and from
other ports sss. "a. In fov- weeks The ey-
ports from both coasts have been 1855. os7
80
ports OF injury to winter wheat always
come At this season. but count for little
when the farmers are selling heavily.
Failures for the week have been - in
ehe United States. against 3I2 last year
and - In Canada, against - iast year
Brndssreet's Review.
BTadstreet's tomorrow viii say: The ap-
parensiy stcAdy-sized the of genera. bust
ness has been diversified this week by an
putbnrst az speculative Interest In a mum
.s, md xxE9
which heretofore have registered steady
gains On acfuAl conssfmptl9e demand
rather than on the development OF mark
81 bulilph speculation. Large iranSac-
ttons and buoyant prices have been sea-
lures In these staples and signs are not
wanted that sympathetic though smaller
movements In number OF other fines
ARE either under way or contemplated.
Exceptional industrial activity I'm the
Iron ard stsel trades is another feature OF
note, and, here too. prices advanced. re-
Meeting. so far as can be seen chiefly the
urxeBcs af conriruefS requirements the
riaim Ia fact being made that spxoua-
tion has not as yet entered into the cry
Shg In This branch Of industry
The same claim. however, can hardly
Ue hinus as regards a number OF move
nenss towards consolidation In this and
osntr industries. wacsS, In fact tha
movement toward combination Is an
pfaaecAns = virtual craze. In the regular
channrfs of dtstributive trade. conditions
contlnsisd In tho main satisfactory. the
as
being reported as sarwer than IN ans ne
eSntiy preceding year az this time
Wnis IL II hardly possible 10 fix .ha
sntHr responsibility for tho tusiishnss. in
wsftat hnd corn upon IN. NOV cfns mt wtli,sh
- far has proved SO successful I'm stocks
tne ciaifn ~ freely made that cnnslfsrs-
PIC pTonts realized tn the stock marke,
cav sought expression IN The channels
~ s'ssI3e food and textile e.zsrfbsgtfan
I"er Ia given 90 this claim nv the sa~t
sua' VIC situation ~ actual wheat. shows
nat htiie change from recent weeks n
~ true that the tendency ga pare sosu
aEe&ed affissai estimates os RtssxIar gs.1,,.
Hfa som" weather reports f-s.Fn the VS.
hsNs ,een more enro'iraG.ng 10 tho hold
- ~ ~ ae.nal wheat. nat The magnitude,
~ file paihnr<t oY new tasyfnx by former
persistent shorts in wheat alone hsrg.v
ss1'ttas ne activity ia this market wh5,.h
IS tTsui'To ~ fhs highest prlcsu reached
since the tnlfaI sSe If the Letter aaaf
ACTIVITY ~ defnsns fnr seargv ali ssnsSsz
% tfnh ana steel "a reflected in advance
~ neAF4s FFFfN SAss ~ pig iren and
Ia sfeA& olaefS ra{as ~etfs an; ,,sasa~
Announcements of a large rst,,sf.sr - -
es~iaasspisz and e0sr2binas ion. zft.fs..s..s a.,
tn1"f way ara aisa feature IN 49, A.
Hs'. 81 "sasF metals. no{ah'e copper ana
VIZ speculation AMI srtual demand site "a
make fng stEheF pFt,ses ttcstay -
ore ~ rtNea rom ghs iuYn..ar trasss t. =
. ~. ~ cites ana si the os4 advances
eusloes fer sTgigx business Wy
S1Ffio Important Improvements "a 49,
orF goods trade arr to ~ s,of~st a, s,,,.
Eastern points notably Isn{lassef,,5t. -
iss@t@n. where advances are reatssss4F,s,t
Ntf& ihuWEh nfsA- Sc sseS - 49,. 80
fsiSaed nFuitttstis wifh so. tasss.s.fa =
s s.t % f'it K,ses3s. 30 nos move 3 !.
sfe"S a. popped FoF "A feature - 80
week. tn fast hetns fhe very ~ 81.
Sit:saunye3 ~ Sosse fftsss31fa ssasrrrs
1ehrfa8 'ndsstFy = rvgerte4 active max.
esis soft cfsa3 mining ami sss.h.,H a..
An encouraging featssTN sn ar s-.
tFaav has been ts@ NaSe settlement ssas.f