The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1891-03-23

Compared with the preceding week the foot
ing shows a decrease of sls.Tsi2.
There were two failures in the state during
the week, one ciothier, with assets OF $3.50. and
liabilities OF $l.1e5, and the other jeweler,
with assets of $4,000, and liabilities of ss.lo0.
The same causes are ascribed for both failures
by Bradstreets report for the week: insufficient
capital and fraudulent disposition.
The improvement In business generally looked
Tor with the coming OF spring has not been so
marked as was looked for, but the condition in
the Northwest is better than in the Fast. The
bulk OF trade is increasing steadily, and while
the money market shows no distinct gain in
confidence or large transactions, there is no
pronounced weakness Money is close but the
demand Is not large for the season.
The weekly financial review sent by the New
York banking house of Henry Ciews a. Co. TO its
correspondents, has the following:
s.While transactions have been so limited in
volume, certain symptoms have appeared which
have tended to encourage more hopeful feel
ing. The reports of railroad earnings have not,
as rule, confirmed the late .iscoursging antici
patons, but show that there Is freer move
ment OF trnde in the interior than has been sup
posed to exist. The latest government crop re-
port confirms an impression that has been grow
ing among handlers Of grain that the earlier
estimates OF the bureau OF agriculture under
rated the outturn of last year cereal crops, es-
pecially those of wheat and corn. This was an
unexpected boon to the corn-carrying roads;
while the Western shares mt large Were benefited
by the significant and unexpected rejection by
the Kansas legislature of all bills adverse to the
interests of the railroads. A favorable impress
sion. was produced also by the appearance OF
London orders for certain stocks, which WAS
construed as indicating the beginning OF a re-
viyal of the speculative interest In American
securities on that market.
with the signs OF favorable turL in affairs
foreign and domestic above indicated, there Is
reason for hope for some early improvement in
the situation. The temper of the market how
ever is conservative, and something must de-
pend upon the tone OF the money market pend
ing the usual April transfers OF currency to the
interior; but when that movement is passed
freer speculative movement at better range OF
prices would seem to be in order. In the meau-
time, there is scope for fair profits on buying
upon moderate drops"
THE MARKETS.
Some changes are looked for soon in the
the grocery market. Sugar stocks are light and
prices firm. The removal Of the duty April / Is
expected to cause drop of ut least cents a
pound. but dealers as well as importers are pre-
pairing for the change, aud taking every pre-
caution to adapt themselves to the new order
without loss. slight advance in rolled oats
was marked today, but no other fluctuations
noted.
The butter market was firm with only fair
stocks. Creamery was quoted mt 3i632c per
) pound and California roll at 41Giic per roll OF
II pounds. Eggs are 2l6I31c.
The potato market 10 weak with large stocks,
quotations ranging from SD to So. There Is some
inquiry for seed, with Early Rose the iayorite.
The grain market Ia unchanged but down.
ward movement is looked for soon. Oats are
firm at 81, with select seed. fine, white and
plump At $40.
sEALsKISs LOWER
A dispatch received yesterday announced q
decline of 10 per cent on Northwest coast seal
skins, and an advance of 10 per cent ON eea OF
ter.
GENERAL SHIPMENTS.
During the past twenty-tour hours goods and
merchandise were shipped from Seattle in the fol-
lowing quantities: By raii--Northern Pacific,
200 tons; Seattle, Lake Shore & Eastern, "a
tons; Columbia d Puget Sound. - TONS By
water Sargent, 2,t.i tons; Sehoma, l. tons;
Idaho, 16 tons; J. X. Mcdonald. 40 tons; Mabel,
~ tons, Premier, ) tons. Total shipments, 1850
tons.
MERCHANDISE AND PRODUCE RECEIPTS.
Receipts OF produce and merchandise at the
port OF Seattle during the past twenty four hours
were as follows: BY rail--Xorthern Pacific
$50 tons; Columbia IL Puget Sound. 90 tons;
Seattle, Lake Shore Il Eastern. 80 tons. Fly
water-Embleton, 10 tons: Munroe. 10 tons:
Mabel, tons; Kingston, > tons; Merwin, tons
Total receipts, $50 tons.