The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-05-25

1Ae oeoek ExaAnn1p.
No. xerk. Nay 0-AlfAosgA Tie WI
- - eDaneDs h steeks to-day 49, only
moderate the narket Displayed cpns>6er-
ante strength- No annistAnco n rAaxtnr
sne ccSrDe a. prsces u0e received fruW
Lcntro. owing 70 the e3eoe eRpervaac. n
ne Waltsuntt1e hoildAyA 4ouday vsu
also Be . hesztAy ~ that center. The
usual covering movement residential To
saturday accounted chiefly Tar the nrm-
ness ana some moderute commission
house purchases were also noted The In
dussrtass ~ . group were the features in
poaak q activity ana extent u frcsaa-
tscss- The closing was irregular. a rpn-
efd nncccnal improvements. The ccrr,e
81 prices during the week has been ir-
regular, and the speculative movement Of
nArruv proportions The goaa withdraw
As we're utilized a. . speculative argr-
ment. and. although the conslxnmerts fell
snort Of the outflow OF the previous week.
some uneRslaess n manifested over the
decreasing gold reserve. Sterling exchange
rates were vel held throughout. ana
toward the close the market Displayed
strength ard advanced TO s4-A. Long
otils ana cables were also eighty higher.
and expectations Of considerable efiux
OF the yellow metal the coming week are
general Foreign operations were on .
hnssed scale. ana were mainly for the
short account except IN Northern Paciic
tssue1. round amounts OF those securities
being taken far European account. In ad-
ditson TO . considerable block marketed
in London by J. p. Morgan. There was .
dearth Of news having = general bearing
upon the market. aside from the crop re-
port4 which were in the main satisfac-
tory The market generally displayed .
more decided tone In the closing dealings.
and advances In prices were made. special
movements being noted IN some Of the In
dustrtals under strong manipulation. The
speculation n tbs group Was the feature
Of the market. with Sugar regaining its
old-time prominence. The stock ran Oh
- per cent early. to 70. but was taken
vigorously IN hand and rosa to IL closing
At about the best. The speculation Of the
week iefs on strong. with the standard
shares recording net gains OF 1874 per
cent Railway bonds were dun to-day.
with noteworthy changes tn pricea- The
Gales were $ss5. CO. The market during
the week was quite firm. foreign orders
being executed IN some prominent Issues.
including the Northern Pacific The
changes show net gains. the principal
issues showing gains Of point q thsrs-
ahoutA Sales were q. 10. 900.
Government bonds were quiet. but prices
were well hsid The tranaactions were
Slszooa
Impests ana Experts.
Exports Of specie from the port Of New
York for the week amounted to H.5D.0oo
In gold and 8. Oh. 60 In silver. The imports
were; Gold sl3.ss7. silver s9s.ss1 dry goods
usAeoQ. general merchandise &tGM
Money and ExeAsnge.
Money on call. easy. ut : per cent: lase
loan. per cent; closed. : per cent: prime
mercantile paper. A06a per cent. sterling
exchange, arm, with actual business In
bankers bills at MWk0AD for demand.
and sLnx0&a for sixty days: posted
rates, AS040 and eASh6A0: commsr-
ctal biils. A0.
weekly nank Statement.
The weekly statsmsnt Of the asseciassd
Increase. DscrsAsa
Reserve ........ ....... 0l3.L0
Loans 1895. ............ .--...." 1870
s Rp9s's ....'... ...... i.isssoo .........
Legal tenders .......... Las ~ ..".....
Circulation l6.uW s..s...-s
The banks now hold "a. sui.soo In excess
Of the requirements.
The Financier says: The decrease OF
q. 01 go In loans II An unfavorable feature
OF the statement Of the associated banks
Of New York city for the week ending May
q Viewed IN the light Of the expansion
which has been noted Of late. the sudden
falling on II not easy Of explanation. 1t
does not seem probable that the checks
shown In the Nrrency expansion viii be
more than temporary. since the Increase OF
oniy ~, co., 900 At this season II compared
with . total expansion OF ~. 10000 last
year. made during . period covering
about twenty-five weeks. The contraction
OF the current week. however. augurs a
lessening demand. and Indicates further
heavy exports Of gold soon. The banks
gained In cash during the week 600.
This gain II In the face Of exports Of
&. 5o0.o 900. The advance in the price OF do
nestle exchange at the larger commercial
centars Indicates that the movement has
not yet run its course. although the South
era banks are now coming Into the market
Tor loans.