The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1891-12-07

Totals. ACKNOWLEDGEMENTS ,lS7 $4,000
Receipts and shipments for the week have
fallen below the average, owing to the fact that
wheat receipts have been shut off ON account of
the blockade at the elevator. and the coal ship
ments have been very light.
Henry Clews has the following TO say on the
general financial situation IN his last review:
During the week, Russia has closed her ports
against the export OF wheat; which, added to
her previous stoppage of exports of oats, must
have the effect of largely increasing the ship
ments OF those cereals from our own ports. The
large shipments OF grain are adding remarkably
to the volume OF our exports For the three
months ending with October 81, the total ex-
ports of merchandise exceed those for the same
period OF 1890 by 3400o0 600, while the imports for
the same month"; fall 100000 below those OF
last year. The trade balance In our favor for
the three months il Sc. o00, 900 compared with
only $751; 900 in $780, This balance, however,
has been set of by simultaneous gold imports
amounting to s25,0 900. which left an outstand
ing balance in favor OF s39. 900 900 at the end
OF October A that balance has since been In
creased the inference 10 obvious a. to the pros
poets OF continued imports of gold. Under the
gloomy conditions recently existing abroad il
was not unlikely that this balance might be
hquidated to some extent by the return OF our
securities, but the more hopeful symptoms In
both the finances and the politics OF Europe
above referred to favor liquidation In gold rather
than securities.
At home, also, current influences are favorable
20 the stock market The condition OF the bank
reserves ID conducive to continued ease in
money The trade OF the country at large Is be-
ginning to show n more distinct response to the
stimulus coming from our abundant harvest.
The earnings OF the railroads are still gaining
upon those OF last year, and that upon the net
a. well As the gross business. These several
factors producing q frmer feeling among
holders of stocks; aud as the market is largely
oversold, the purchases OF the shears" to cover
short contracts likely to have favorable
effect on prices at an early day. Under these
circumstances, IL would seem safe to buy good
stocks on the reactions for early favorable de-
ycopmepts.
GENERAL SHIPMENTS.
During the past twenty -four hours goods and
merchandise have been shipped from Seattle in
the following amounts: By rail-Northern Pa
che, 80 tons: Columbia IL Puget Sound, Is
tons; Seattle, Lake Shore h Eastern, 1SS tons.
By water-City OF Topeka, 100 tons; Puget
Sound and Alaska Steamship Company's boats,
" tons; Henry Bailey, 70 tons; J. Il. Mcdonald,
t6 tons; Mabel, IS tons: Multnomah, 10 tons;
State OF Washington, tons; Wasco, 6 tons;
Glide, tons; Buckley, tons. Total shipments,
VA tons.
MERCHANDISE AND PRODUCE RgcEIPrs
Produce and merchandise have been received
at the port of Seattle during the past twenty
four hours as follows: BY rail-Northern Pacific,
$50 tons: Columbia & Puget Sound. leo tons: So
attic, Lake shore Il Eastern 2s9 tons. By water
Puget Sound aud Alaska Steamship Companys
boats, Is tons; Multnomah, II tons; Henry
Bailey, 10 ton; Mabel, tons, Waseo, tons:
State Of Washington, tons Total receipts, 800
tons