The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-10-17

This is an excess OF SO SIS SO over the total for
she corresponding week last year Locally the
hnanciai situation presents no new features
business shows a good healthy activity in al.
most every quarter. and the general outlook is
very encouraging. Commenting on the ex-
ceptionaily small amount OF liabilities involved
IN the business failures in the United States for
the past nine months, rs shown by Brsdstreet's
reports, Henry Clews, in his last financial re-
view, has this to say:
The publication OF the returns OF failures has
confirmed the feeling, entertained with mis-
glYlngs In some quarters, that the trade of the
country is in sn even exceptionally sound condi-
ton, which also has he ped to strengthen conf
dence. Ii appears from "Bradstrsats'' returns
thst, Tor the past nine months, the amount of
naoilitles involved in business failures within
the nf.ed States amounted TO 81, 000, CO., while
Ior the same time OF 1891 the total was $685.
months interval of ~ per cent In New York
city. the liabilities. for the same months have
failen from 900 last to 81. 100000 this
year, or at the rate OF 80 per cent. In no year
since 1852 has the amount of liabilities been
low as ut present; and, making allowance for
the increase of population, the ratio Is
year Taxing an average OF the last
ten years. the average amount of
failures, within the first nine months of the
year. has been Sl07, 0,0O0 which is 5000 900
above the experience of the current year, max
Ing 70 allowance Tor an increase of nearly 50
per cent In population during the interval
excessive crops of cotton hsd prepared us to ex-
pect very unfavorable showing from that sec
tion, and yet there the amount OF failures has
been only 81, 10000 against $4,000 900 in 1891.
In the depressed Pacific states we should have
expected increase of failures, aud yet the LA
biltties there show a slight decrease upon last
wears. These are most encouraging facts; the
more so because they admit OF no gainsaying
The prices on cured meats have taken another
jump upward, new list having been issued
Saturday, giving the following prices on home
smoked goods: Large hams, 1890; small hams,
1%sG9fic: picnics, l01ac; breakfast bacon, 1870,
and dry salt meats, 1oc. These prices go into
effect today, and are from 14CGIzc higher than
last weeks quotations.
The committee appointed at a recent meeting
OF the leading shippers Of the city to prepare q
plan of organization for transportation
bureau held meeting Friday night and
prepared preamble declaring the OBJ
jects Of the association, and also brief
constitution and bylaws. They decided to call
1t the Merchants Exchange, and declared its
objects to be: First, to furnish information to
the various transportation companies, with Q
view TO establishing q proper classification OF
freight and, second, to back up individual
shippers in preventing Determinations. As in
dicated by the name adopted. il is proposed to
make the organization useful in other ways
we'll as in the regulation of transportation, but
for the present no other features will receive
any attention
No restrictions were placed on the member
ship. it being understood that only those inter
ested in shipping win seek to become members
This committee is to report to a general meeting
of the shippers 10 be held Wednesday evening,
when the organization Is to be permanently
established. The place OF meeting has not been
decided ON, but will be made known in
advance.
Coal shipments have been comparatively fair
the past week three vessels taking cargoes ag-
gregsting 5,l5t tons. The City of Topeka had
404 tons. the Umatilla 1850 tons and the Kewee-
nav 500 TONS
GENERAL SHIPMENTa
During the past twepty-four hours goods and
merchandise have been shipped from Seattle in
the following amounts: BY rail-Northern Pa
cifc, so tons; Columbia & Puget sound, 30
tons; Great Northern, 50 tons. BY water
Mabel. So tons; Wasco, 40 tous; State OF Wash
iugton, 80 tons: Puget Sound d Alaska Steam
ship Companys boats, 30 tons; Fairhaven, Is
tons; Multnomah, Il tons: W. +. Munroe, 10
tons; Buckeye, TONS Total shipments, SIS
tons.
MERCHANDISE AND PRODUCE ECEIPTs.
Produce and merch andise have been received
at the port OF seattle during the past twenty
four hours follows: BY rail--Norihern Pa
cfc, ESQ tons: Co!umbia il Puget sound, -
tons; Great Northern, 90 tons. BY water
Apnesley, 1850 tons; Falrhaven, 80 tons; Puget
Sound Il Alaska steamship Companys boats, %
tons. Total pts, 5, l9o tons.