The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-06-08

Rock Island ard Northwestern roads we're
exceptionally favorable Covering Of
saorss gas nore5 on an sxferssve scale 10
some properties TrsssS manipulation
aAs1Aa considerably. Foreign traders o7e-
rstsd on both Sides OF the market The
trading was exclusively professional. de-
SPITE weakness IN exchange and corces-
sions IN rates az discount The sp@rnAa-
tive conti7gen. deal; i. silver certificates.
sas price a5vzncinz to Essc. against sgss
ne last Transaction previo1s 70 this week.
The nEal days trading revealed general
realizing. although TIE recsSsssns Sere rcs
se-iosss sxcep. II one or two instances. ire
Ass generally closing slightly lower on the
week The aggregate sales were ssS.see
shares Railroad mortgages were neglect-
g today, hut q fairly firm tore was ap-
parent on transactions Of 49, eaa.
ne bond market during the week moved
rTegzkar.y Eith a sagging tendency IN
fhs speculative issues The ne1 changes
are rot specially noteworthy as a rule.
but Oregon Improvement fIrsEs show an
exceptional bet loss Of Ia par cent The
total safes wers 81 s42ea
Government bonds displayed Hr-nress
throughout the week, On moderate DEAF
ings
Silver certificates displayed unusual
strength and activity. on speculative pur-
ehases and on an increased foreign de-
fnand- The price rose II per cent. %
ssss, on purchases OF $50 600 with later
reaction 70 q. Tire exports OF the metal
were on an increased scale.
Imports and Exports.
The exports OF specie from tire port o.
New York for the week amounted 10 al
-. 500 In gold and sss4. - in silver. The
imports were: Gold. tlsl 80; silver. ss2 Do.
dry goods. a-ezs.ola: genera. merchandise.
s. 1896
Weekly Bank Statement.
The weekly statement OF the associated
banks shows:
Increase. Decrease
rSsseEse =. ....--..--.---- ....-... sS,tai.ssnS
Loans ...-.......... .-.-.sf.s $3.50 100000.
Specie ..-..--.---- ..-..--- ------.- ssa.ra
Legal tenders .--...-.-.- -...-.-. S.a,sa
DePoslts .--.-..'.---. L84.l1o
Sifcuiation $500. .-.-..- In--u .--..---
The banks hold SIS. 81. 800 In excess OF the
requirement
The New York Financier saws this week
regarding the hank statement: The loss
In cash can be accounted for IN figuring
the net gold exports and the bank paw
rents into the treasury, but on the other
hand the receipts have averaged So 200 co
weekly from the interior. and the treasury
disbursements have also been heavy The
statements for several weeks past have
shown that funds were accommodating in
New York, and this IS therefore 70 be re-
gsrded as favorable. The further pay
ments Of government deposits into the
treasury viii exert a strengthening inau-
ence. The loans OF the New York banks
have Increased s., esa 900 IN the feur months
ending today. and the excess reserve has
fallen y. coo IN round numbers. but as
the bond operation figures largely in this
change. IL does not possess the Importance
K would otherwise.
Money and Exchange.
Money on call. easy at per cent: last
loan :. closed 2 per cent: prime mercan-
tile paper. tFS5ix per cent Sterling ex-
change, steady. with actual business in
bankers bills at SASS -SS1s for demand
and AsSsa q sSis for sixty days; posted
rates, Ass74. SSis and 81 SO ssis; CONNER
ciaI bills ASSIa