The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-12-07
Exports Reduce Ii TO Seventy
Six Million Dollars.
50. 500, 900 TAKEN FOR EUROPE.
Business Is Still Sluggish, and Prices
Generally Continue to Fall.
Iron and Its Products Lower - Tho
Presidents Message Led stock spec
gresS VIII Do The Wheat Exports
show Material Increase.

washington CITY. Dec e.--The treasury
today was advised az the Withdrawal Ok
s. 500 eso ia gold Tor export, leaving tho
true amount Of the gold reserve sa6.ese,A AL
New York, Dee. 6-IazarG Freres X Co.
viii ship $l.50a.oo0 Of gold tomorrow. l..
Won Hoffman * Co H.Ioe.on. and Barring.
Magoun * 60. $20o.0N. all in gold bars.
Dun'- BntIew Of Trade.
New York Dec e-R @. Dun & Co.'S
weekly review Of trade tomorrow win say:
Business is stin sluggish, as IL gorged hy
excessive Indulgence OF appetite for buy
ing when prices were advancing. In near
~ every branch stocks nor yet distributed
30 consumers stand in the way of new
orders and the competition of produe-
ing force largely exceeding the presene
demand puts down prices, retardiug pur-
chases yet more, After the holidays many
look for a larger demand For the pres
ent the springs OF now business are run
ming low. bat enough is doing on old or
ders 10 keep most OF the works employed
IN part and a good proportion fully. Fi-
nancial influences have not hindered. ant
rarely has the opening Of a session OF con-
gress affected business so little.
Wheat has advanced about a cent for
the week though Western reeeints have
been 5.0i49ll bushels, against s1E, ~ last
year and Atlantic exports. -four included,
again exceed last year. being 2,S2e, use.
against I,SNI1si bushels in isa4. The besu
Western estimates of the crop have heem
raised again. Corn moves from farms
less freely than a year ago, the low prices
hindcrinE.
Wool has been slightly strengthened by
the London sales, but the average of quo
tations by Coates Bros. is only tenth OF
I per cent higher. Sales continue large.
6,463 leo pounds for the week, Of which Cd
per cent. was foreign.
Iron and its products are lower. plates
81 c I. rfG MI har i - nd
mcr pig sl2 at valley mills, with billets
Si6.50. The average of all quotations is Sis
per cent. below the highest point IA Sep
tember. but actual sales are frequently
made below quotations. Rails have uos
changed, while Bessemer pig has declined
So and hillcts s. per ton. and a purchase OF
10oOo tons for San Francisco from England
is noticed. with a considerable portion OF
wire nails at Boston. Copper is weaker.
at "a cents for lake. with narrow demand.
and tin Is quarter weaker, with tho visi-
bile supply here and abroad 9.23t tons.
against Z2,ii5 tons a year age Anthracite
coal Is weaker, and IS sold at $3.50 here.
against SLI5 according To circular.
Failures in the United States for tha
week have been S2i. against gS5 last year,
and ffty-two in Canada. against forty last
year.
Bradstreet's Financial Review.
Bradstreets financial review tomorrow
will say: Congress has met, and the presi-
dents message has been published. Ths
document agreed with previous anticipa-
tions. hut no legislative action is probable
tits after the first Of January. and the dis
position in speculative circles IL to wait
Very little indeed was done I'm the stock
list. leading interests seeming inclined To
wait until there is some more definite
knowledge In regard TO the attitude OF
congress toward the currency compica-
tions Europe was also very inactive.
though II would seem that the idea OF tho
failure OF congress 30 act on the currency
question and the possibility OF revived
agitation of the tariff question in this
country has had an unfavorabie effect on
the standing of American securities
abroad The exchange market was very
duh all week, and scarcely counted a. u
factor In speculation, though the shipment
of Ss 100. .00a Of gold 10 Europe had "A slight
Is unfavora ble Influence at the close Of tha
week
Bradstreot's Review of Trade.
Bradstreers tomorrow will say General
trade continues the features Of preceding
weoks-smaiier volume. quiet in most lines.
business being conducted conservaiively.
activity in wooiens. clothing. shoes and
hardware and new orders generally or a
nHug-in character The season has been
a late one. mild weather having delayed
orders until the Christmas demand and tho
helated autumn request came together. Not
wlthstanding almost uniform reports OF quiet
and unchanged conditions Il should be
noted that Jacksonville. Augusta and Birm-
ingham Al the South. and Milwaukee. Kan
sas CITY and ST. Louis at the West prove
exceptions to the rule by reporting cams
in demand for Wholesale staple goods COM
pared with the preceding week.
Exports Of wheat. -four included as
wheat from both coasts Of the United
States this week amount 10 3lIS.oo0 bushels.
as compared with 2.ieo0oo last week and
3nli.000 In the week a year ago.
The total bualness failures m the United
States as reported TO Bradstreet's num-
her gis. as against ~ last week. - in the
first week ~ December last year. 5sS IN
lsea md ~, fn Ikgg