The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-08-11
THE STATE OF TRADE.



NEW YORK. Aug ie.--R. O. Dun 4 Co s weekly
revies cf trade tomorrow will says
Progress has been made toward a more stable po-
sitinn OF business, with few heavy contracts
70 bold the ground already sained hut foT proper
interpretation Of the weeks results one must look
hfFond Wall stree. operations where more than
n any ether quarter the vacation season Is leaving
ia impress Of inactivity Speculation is cautious
but Investment holdings being increased rather
hesitation on the ground Of politics is echoed any
more In general business circles than two months
s',.,, Sman change appear in railroad stocks in
lover. Working forces are smaller and viii soon be
further reduced. probably for three weeks, by the
closing down Of cotton mills In New England, which
has been delayed longer than expected but strength
!, Evidenced 70 the world BY our cversubscription
London sales q 1000 shares Of stocks and some
bonds. and American purchases Of the new foreign
loan explain Why gold goes out in the face Of foreign
commerce returns which show for New York alone
20. tns wess an excess OF exports ever imports Of
more than S0s.0O Exports for the week Of Si7-
I1m were more than double those Of the same
imports gain only SO 10000 The money market i
untreutied by financing Of the foreign loan though
ne volume Of new commercial loans Is wen sus-
Cotton fell sharply that some recovery Is assured
in an erersold speculative MARKET and sold At ioc
wren the official report appeared. Notwithstanding
many indications OF further reduction in consumption
wheat sdranssd about cent. helped BY foreign
crop reports The domestic outlook Il fairly cheer
FIJI, and farmers have marketed freely Receipts At
interior renters aggregate SET SCI bushels against
3sis.21s last year and 2ass aT bushels in isse Ex
ports from Atlantic ports were only i72o $50 bushels
wheat -four included. against 2os So bushels last
year, although purchases on foreign account were
'arse ana promise an increased movement hereafter
Corn gains nearly Dc, with the aid Of dry weather
reports and Is sc aboye the price at this time last
year. Both receipts and exports for the week fell
in 1899 Wv" u's same "eeA
improvement Is slow in boots and shcss, with only
,%s p,rssn..ss o. Eastern shoe fsstoe. 4, work
ures marked recent divisions o. prres hi trade
Is Of fair volume Loss Of the Chinese market has
grade. being less seriousiy affected In woolen foods
recorders up 70 erpertations and some serses
.sll lower Manufacture. show more interest in
the wool msrket. taking fair quantities and seeking
fewer concessions The tone Is frmes though prices
are unchanged.
States, afsinst iB last year and "a In Canada
against % last year.
ur.ast...s.
49,. NcNseW.
%, iuhh' Aug m-Bradstreet's tomorrow
VII say, trade stu exhibiting many Of the ir-
.xnIaniss incident TO the transition period be-
tween midsummer and early fall trade Despite
VI ny wave, WITH It's eject on the growing dis
~ demand and also because q the reports
" usmakr 20 me com crop which II has melted.
more sheerfui feeiing u perrvptibie In general
.,aas ana ne booking Of fail orders for dry goods.
.'o'n'ne ana hardware At the leading Western cen
.er. and heavy engasemeuts in inn and steel
sau'".'s. moush =, lower prices arc 81 encourae-
w yrp2f',ons Pnces are not showing the pre-
s,pi'a,s declines noted some time ago, and among
,he reaIIy encouraging features is the advance in
"nsa, mainly based on improved export inquiry.
wooi - rather hSSner than Of late, because Of the
Dester INQUIRY, Though II must be admitted that
business Cotton roois partakc OF the strength of
raw material and while weakness IL stiii percrptibie
n brown eo'tons, print cloths and wide sheet.
inss the nsturai corrective Of reduced production
being increasingly sought II has been re-
mafNahis sesr " cotton and cotton goods. and
tnsn the raw material. great deal HINGES on
N 4. resard@d =. r.,,s,m ~, uV svv ~ nfees
crop. values will he maintained at prices lower il
Ia true than thu rx-..,,. ,,,-...i---