The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-02-22

ire eav was tie slightly lox~~ range N
time money rates. finds being offered al
per cent for sixty days an5 II a. per cent.
for other periods go % SIX months There
Was 10 a2precahle Increase in activity Il,
the commercial paper market but ingsi-
cations % the anticipated easier range in
rates were cssceynihie- News of special
Importance On values was almost entirely
lacking. The market closed quiet but
ssrucg IN tore. with the net changes azs-
varces as a rule Speculation II bonds
while less active than on Thursday, footed
ua q large total. Oregon Short line bonds
attrarted considerable business and re-
corded a material advance. Cnsoa Pacific
collateral "a trust receipts moved In an
eccentric fashion The bonds advanced
Per cent, 10 5Si4. reacted 70 s. ard rallied
&c 81 The aggregate dealings were s. &C.
oee. The more important gains are: Seat
tie, Lake Shore 4 Eastern first tr-zsS re-
ceipts Ia. Oregon Navigation - trust re-
ceipts :. Oregon short Line IS ]. do trust
receipts Is. and do consol Is trust receipts
s1x per cent.
Dealings In government bonds were covs-
siderahly below the recent average. and
were attended by marked firmnesx- Sales.
$25s0o. Tomorrow being q holiday. the
stock exchange and financial institutions
generally VIII be closed.
Exports and Imports
The exports OF specie from the port Of
New York for tia week Were: Gold s., s3l.
silver sssasla The imports were: Gold
S. see ae7, silver So lss. dry goods s. Sil. is
general merchandise S. go, 40.
Weekly Bank Statement.
Tire weekly statement OF the associated
banks shows:
Increase Decrease.
fS ssTsse ............... Sc o. no is'AS
deposits .-.-..--.---... ---.--.-- SS1WS
Specie -.-...---...-..-. -...-.-.- $500
A-sGd4 iessnSrs .s..---. -sosSsa0v
Nlrca1&&iol .-..-.-..... lse@s -..s.-..-
The banks now hold SIS. se7.o5o in excess
Of the requirement.
New York. Feb. G-The New York
Financser says this week of the hank
statement: Comparison with the state
ment % one year ago IS Interesting at the
present time On February s. 1895. a Con-
tract was made with the Morgan syndi-
cate for So. 10000 worth of bonds. The
banks then held So. 7eS. - above their le-
gal requirements, and money was on call
81 between ! ana per cent. The reserve
taen began TO shrink. and for the CORE
spending week one year ago stood az
practically the same figure as reported
FRIDAY. Despite the fact that the shrink
age ia the reserve continued until April 1,
when il stood at only Sl3.o1o. 900. call money
never averaged more than sie per cent, or
ia per cent less than last week, when the
surplus reserve stood nearly sl5,eo0e0
higher. Imports of gold for the present lean
have been almost as heavy as were re-
quired to settle the syndicate's transac-
ions last spring. and the chances are that
additional gold is yet to be imported The
expansion in loans must be credited to
mercantile sources, since commercial pa
per Is finding an easier market. The de-
crease IN specie Is logical. even IL the
amount seems little out of the way 1t
IS dif1cuIt TO determine just how the hank
holdings were affected by the interior
movement az the end OF the week, as cur
rency has been going West owing 10 a
sudden demand, exchange at Chicago fall
ing below par. The heavy decrease IN cir
cHfation noted during the past few weeks
Is being made UP by large increase now
Bank Ciearances.
The following table. compiled by Brad
streets. shows the total clearanees at the
principal cities and the percentage OF in
crease or decrease, as compared with the
corresponding week last year: