The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-04-28
Closing Quotations.
THE STATE OF TRADE.
n. g. Dim & CO.'S Review.

THE STATE Of ihaDGs
II. q. Dun A. Co.'s Review.
NEW YORK April E-R G. Dun & Co.'S
Gold begins go abroad and prices q mon prod
ucts break sharply in the same week -Four months
Of the new year have passed and business does not
80 expanded as to need the large increase Of ereua-
ton which the monetary bill had permitted, nor
enough to sustain az the e1traoruinsy sa'aneS ~
currency and the large disbursements BY the treas;
ury In exchange for bonds, have rendered rates
for money unusually low for the season mere. whiie
rare industrial aud speculative activity in Europe,
with the in South Africa, have tended 70 make
money dearer abroad, So gold from Alaska
answers the loss of supply from the Transvasl and
America, building up in credits abroad breast
work against prostration in future, here as IN the
past. caused by the troubles in Europe.
The reaction in prices came where II was ex.
peeied least, in the industry more fully Organized
than any other to check competition. and in the
branch which, through contracts covering rod max
ing and other machinery and through patents,
seemed more fully controlled than any other Re
auctions Of $50 per ton in wire nails, harbed wire
and galvanized fence and SIS in smooth wire showed
that control afford to hold prices so high as
iron products have declined ss per cent and since
February 1913 per cent. As the wire and nail
prices have been relatively the highest, Others IN
the iron and steel industry be expected 20 fail
in like But pig iron Is weaker. No.
local coke at Chicago Is $50, and southern pig
is also lower Plates and bars can be obtained for
about IS cents in good contracts both at the East
and at Pittsburg, The proposed advance in sheets
to SO cents has not been attempted. and nail mills,
which have gained much by selling at cents per
kW below wire nails. viii now lower prices also.
The stoppage Of dozen wire and nail mills, besides
rod mills. at Joliet and another mill Of the Ma
tional Steel Company. indicate some change in
the actual demand. In the minov metals the only
change has been In tin, which declined sther sharp
tions. The tendency toward lower prices Is
strengthened by the idea that overproduction may
appear in other branches
Wool has not changed in quotations, though some
sales OF fair amount are reported at such prices
81 cents for Ohio Xxx and s. cents for clothing.
territory cleansed. but manufacturers are not dis
posed to do anything, and the West asks prices
which dealers have no reason for paying The
demand for WOODEN goods Is small aud disappoint-
ing, and, except In staples which steady be-
cause well sold up. prices are not encouraging
Shipments OF boots and shoes from the East In
four weeks have been O6323 cases. against 80 100
cases last year, 5i0sl IN 1893 and less In
other year New business bears no proportion to
the present output, and the number OF works which
are closed running part time Is increasing.
Manufacturers realize that this Is result N prices
asked and Of slow retail distribution aud long stocks
remaining on hand. but claim that lower prices
cannot be made without loss Business In sole
leather reported fair and prices do not YIELD but
The produce market is inactive. though wheat
yielded fraction Exports continue larger than
year ago Atlantic exports Of wheat in four weeks
-four included having been O9e ss7 bushels against
sou 1855 bushels last and Pacific exports 2,125
1875 bushels. against SO .s22 bushels last year.
Failures for the week have been 2oi In the United
States against ls4 Inst year. and 2 in Canada,
against % last year.
Bradstreets Review.
Bradstreet's tomorrow will say.
Evidences OF the fact that there two sides
Of the general trade situation where for year past
there was hut one, come 10 sight each week Diff
ierent sections "a the country and lines 81 bust
ness return different reports. but that the situa
ton as whole is favorable and suffers merely
BY comparison with the enormous and almost
fesersh activity Of some time ago IL also evident.
Excluding the grea. speculative centers the
gate cf business DONE even in several industries
porting reduced activity would seem very large
q uad hQan
for the enormous aggregate done some short time
ago Crop prospects, except In the wheat area Of
the Central West and in flooded sections 81 the
South, remain I'll that might be wished for. Retail
demand is improving. and nothing o. definitely de-
pressing character has yet developed
la the abrupt Feadjusmsnt u steel and wirc
prices the iron aud steel industries received q
table shock. but have stood the ordeal very we'll
confirming earlier adyces q the substantial and
nonspecuatve basis for the immediate activity and
greatly advanced prices Of the past year.
The possibilities Of renewed export trade in pig
iron have constituted u The foremost supports
| Of that industry. Last weeks reports Of heavy
sales II Southern iron for export are amply con
hrmed. aud enormously larger tonnage could be
placed. u trught rates ana room were favorable
Hardware u IN increased distribution AZ the West
| but rather quiet In Eastern markets Among other
| metals. coppes is arm while tin Is rather weak
one 81 the most fayoraby situated industries Is
that Of shoes. Manufacturers reported active.
! iohben busy and seas0nabls weather is IN.
| duclma gnod distribution from frtan hands.
Paints oils and druss are also in so6d distritu.
ton While the strength q hitaningus coal PARTLY
owing 70 The strike. bat also 70 the Increased de
mand for this pfoiuet IL alphabetically reelected
| ia the enlarged demand for the steam grades a
anthracite. Wbieh ale expected to be advanced
In agricultural products the situation s. ssneraiy
one 81 sustained sifet,sie some S.sht sas ls's
winter wheat prospects In ht scetions vest q the
| Mississippi spriaE ehost seeding IL reported al
most coaplstsd In the Northwest much ahead
| q TIE average,
! The sharp advances IN the prices ~ lumber last
year and the unsettled position q ne labor sitsi
tu al4c n1ttl rat nHA0
span+hc for rho rather Disappointing business re-
| psttsa This spTns Heuisss ianaee1 e hover and
rnite rtnc is asn weaker hut TIE hafdw9oda main
tain mueh = theft Old strvg'gih
Wheat. intending -four shipmenis for ths vees
AssssatS ss$s9 bushels. $500 s.se.sl iasi
igU 9a IN ls.s LIS sst ~ jse and ~ las IN is9s
FanpEts iar the weok ia The tuitsa states ars
increase q y cTsy last week but $50 less than
| ia this week year Ago, ard eqngAhaE With as in
Canadian fA,lafes fos ths week Hauahsg "a. Gem
yErod eith y last seek = ,r thts Wcek . scar sKa.
! = Ia isas d ia 1907 ADD . ia isPs
Braastrcet'. Financial Review.
hFsAatfee,s ansnelai reyisv toDmrow sill say.
The unsetiiipE dtveuruteuis a. wire AMI stsfi
stocks and IN ths usHsr sorks ggfssl3ci anr isars
ihs mafAet COLI a.athstic sna entirely professional
| 10 chsfaslsS. Afss shoH inissoss aisa ere
| atsd. ard Inc faHraSa tist 40 ~ WEDNESDAY "a
hihiisa eaits mnrk qssgsafs irpra that sasra~
s. tpn ne l.lndat'on = l@s haiainss The
| pcsla sppATsnily has besn fr4Aiensa b 10 w..
| farmsncs = shs ntisstFSls and ataeShtt rnasspr,
afct arts 70 fag ies ftf9fatlr ftsfs = eest tnf
other iniasttirs, hnd cofafniesiea h1sas mech
4isH ats iHH0fored uHfseurahaf AZ "a Ansrsf as.s
Isftif 81 ths events asre sad rarfy - az nfrras
iHg arfnHcss ot re rn9Tsy maftst sad algidef
/ ~ retia1si p&ftrigaaua ia ~ usrAvs hesc Ne.
/ teecn baiss krA seiilsg. rr1ssei5 iaksng bal.
| gegt = SOS sxI-rn SERVED IS taEzaa fr Aiscns-
! tf1rf haf fta1 ihe annastnt nsat thar va 90 Z
s1ecie ergia ~ eiEgea ahrasa "a rhra.ssg ats
ut have aal particular s2Fei. sats tae sa3.s1u-nt
I aeetae " fEeAAlFt ttas tae fest nt ttaSc go.4