The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-04-11


The week has developed but little of interest
in the local trade ana financial situation. The
disagreeabe condition of the weather during the
week has retarded trade and supposed work on
buildings almost entirely. There Is talk of
finishing up some of the business blocks which
were rooied over when the first story was up
and the completion of the building postponed.
The present low prices for building material and
labor and the readiness with which money can
borrowed for building purposes are inducing
owners TO finish these buildings now This in
addition to some large blocks which are pro-
jected and large number o. fine residence
buildings will give employment to every me-
chanic In the city. At present large number
Of men are idle, but tho return OF fine weather
will undoubtedly start thing. in good shape.
Henry Clews, in his last financial review, has
this to say with reference to the outlook gen.
orally:
With these two drawbacks-the silver bill ana
the Bering sea question-temporarily ont OF the
way at least, the market is left more free TO re-
spond TO natural influence The low prices of
wheat, cotton, iron aud silver discourage i'm
portant interests, and offset the advantages of
abundance TO many producers; but it should
not be overlooked that many other interests are
likely to be stimulated BY cheap iron, and the
great body OF consumers benefit by cheap wheat
and cotton. In truth, the masses are prosper
Gus, being well paid and having cheap living
This being so, business must be accepted as
sound il spite of the complaints of small
profits: 1t is quite certain that no legitimate
cause Tor a serious decline in railroad stocks
can be found, particularly while earnings con-
tinue SO satisfactory. There is sound reason for
confidence in the values of many railroad
shares, and either manipulation or outside buy
ing Will sooner or later assert itself. The diff
Guilty now Is in digesting the heavy amounts of
securities returned from Europe. II this move
ment con tinues we may be called upon to again
export gold, as the tendency of the merchandise
movement IL now towards increased imports
and diminished exports. The foreign demand
for Americans will, therefore, be closely
watched for some weeks to come At the mo-
ment, the mark I is in dull but sensitive con-
dition. The chances appear to favor improve
ment after the April settlements are fully COM
peted.
Coal shipments for the week amounted to
1,5ls tons, two vessels taking cargoes-the Spar
tan, 249 TONS and the Willamette, 2,27o tons.
GENERAL SHIPMENTS
During the past twenty-four hours goods and
merchandise have been shipped from Seattle in
the following amounts: By rail--Northern Pa
c'fc $40 tons; Columbia & Puget Sound, 20 tons;
Seattle, Lake Shore & Eastern, l43 tons: Great
Northern. 36 tons By water-Puget Sound and
Alaska Steamship Company's boats, 60 tons;
state OF Washington, 10 tons, Glide, tons;
Wasco, tons; Multnomsh, 5 tons. Total ship
ments, 6i5 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 rail-Northern Pa
cihc, $50 tons: Columbia & Puget Sound, is tons;
Seattle Lake shore & Eastern, 1872 tons; Great
Northern. 50 tons. By water-Puget Sound
and Alaska steamship Company's boats, SO tons:
STATE OF Washington, 10 tons. Total receipts,