The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-05-23
Total for the week.

Bgadstreet's reports from the East show the
condition OF the money market TO be normal.
Locally the financial situation has developed
but few new features. 4 large amount of money
has recently been brought in hero ~ returns
from the sale OF city bonds and the transfer OF
the street railway lines, but it takes some time
to divert it into the channels of trade. aud con-
Sequently the improvement due 10 IL is not
likely TO become manifest fo- some time
Money for building purposes and safe improve
ments of ali kinds Is quite easy and can be Sc
cured at very low rates OF interest," though some
loans of this character are being made at very
high rates.
Shipments and receipts have improved slightly
during the week, though but very little coal
was shipped. The steamer Michigan took 400
tons to Portland and the Wilmington pa tons.
There are now three vessels in for coal, with
others on the way up, so tina. for the next few
weeks 1t is probable the coal hipments will be
fair
The following interview with one Of the Off
GERS OF the Black Diamond Coal Mining Com
pany is taken from California paper of recent
date:
During the week Just ended there have been
the following arrivals from the Coast cclier.es,
0,24 tons; from foreign sources, 1898 tons.
WITH very Tree arrivals and some cargoes OF
foreign grades on hand and en- route, being
offered at even lower figures than last week,
everyone in the trade appears DISCOURAGED
Our most prudent dealers have each end all
been misied for the past six months, in
their purchases, as by actual calculation IL was
naturally inferred that bottom quotations had
been reached, when each succeeding month has
shown u further decline. In the history OF CAL
liornia 1t has never been known that ship
owners would order their vessels to a port that
offers such small inducements for business, as
we do at pesent, unless they received freight on
coal, etc, at least double the present going
rates. It was figuring on the past record that
upset all natural calculations about coal prices.
The present ambition o! coal importers seems to
be, who can contract for future deliveries at the
lowest tigures-the greatest wrecker wears the
plume. Heretofore business was done for
profit Volume, n t profit, seems to be the aim
now, which should grow wearisome IN time.
FTeights from Great Britain and Australia
lower today than at this time last year, when
grain ireights were over ten shillings higher;
this is difficult to explain.
GENERAL SHIPMENTS.
During the past twenty-four hours goods
and merchandise have been shipped from Seat
tie in the following amounts: By raiI--Northern
Pacific, 296 tons; Columbia & Puget Sound, p
tons: Great Northern, 50 tons. By water-Puget
Sound & Alaska Steamhip Company's boats,
so tons; Michigan, 400 tons; Angeles. S5 tons:
Multnomah, Il tons; State OF Washington, 10
tons; A. K. Rob uson, tons: 5. NJ. Renton, 4
tons Total shipments, 927 tons.
MERCHANDISE AND PRODUCE RECEIPTS.
Produce and merchandise have been received
at the port OF Seattle during the past twenty
four hours as follows: By ral-Northern Pa
cifc, 432 tons: Columbia & Puget Sound. Is
tons; G reat Northern, 10 tons. BY water-Puget
Sound Alaska Steamship Company's boats
81 tons; Henry Bailey, 50 tons; Multnomah, 40
tons; Wasco, tons. Total receipts, 72i TONS