The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-12-05

gssts fhzx these c-xant.ats5rs formed
when depressed Business ezt1e<s 10 szssport
a. re works = existence are not expect
20 % survive 4 general revival &C anssse
demands Tor products. The ssansdssze eF-
feS-f q orszkf,g p-sces = - cheek ArSe
azyt-x % r0z sid steel pro1ucss. bat &
VIE soon oe seer about where prices are
20 - held. TIE bar combination - stu
GnaersoId ~ steel aars AT = cents and
nssssng il acsrx IN RATS hecs SEe The meet
ings saarEay 20 De bed VII settle Whistler
AIRY prsce s1&E he 6xeE for next year.
BesseEre- ~ pfrsc--r is hesd a, Ss-S
and gray forge At 80. but there IL large
cs~s21 fo- vessel p-aS~s. eotE % FORE gn
Contracts ard for ne axes Several
tho-aaaa cars aase beer o-Ssere6 ard naza-
cross new Buildings ard BRIGGS MlEsor
metals are = SHADE stronger.
The coke corr 1&Esen has cSarge1 -
m@tAas - sazf contracts are openly made
cesoT me prfces recently rating. and there
= s7Eae partition y consumers among he
pTod1eirg Interests. Anthracite sells De-
low re ofselAl e.rSsalar. eus better demand
Is expec1ed With the revival IN uasanfaet-
Ersag.
woos manufacture - waiting ard while
nsore ccncsFus are n work. the new de-
rnand sn1a-oves bat little with more raw
o-aose weather Speculative sales 81
WOO, contIn0e large. london prices having
risen 70 per cent and the average OF quo
taxions BY Coates Bros. Is is.s pes cent.
against l7ss month ago. Other produce
markets have beer weaker.
Wheat rose toward the close OF last
week. but gradually reacted and broke
sharply on Friday. Closing &c lower for
the week. Storms have had scEre s1fu-
ence but receipts for the week were only
a.sst.s ri bushes against 7.al&.sli hass year.
Atlantic exports were slightly smaller,
fnar incintei Isas ssT bushels. against
go bushels last year. bat rne sharp
advance Ia prices would naturally check
shipments
The failures for re week have been SD
In the United States. against "a last year.
and In Canada S. against 50 iass year.
Bradstreets Financial Review.
Bradstreet's financial review viii say:
nrmer tone has been exhibited In the
speculative share market during the
present week. Tire quality OF the trans
actions has not improved In the main
they are still the work Of professional
traders. and pubic participation. aside
from the activity % commission brokers.
Is almost entirely lacking On the other
hand. liquidation OF long holdings OF
stocks has practically ceased. but the
bears 1nd THAI their efforts to depress
prices by artificial manipulation does not
bring out real stocks. but simply increas-
e. The short interest The latter had in
fact appeared to be growing excessive.
and the position u the market had been
one Ia which its liability 70 become over
sold 10 an important factor. X would
seem that some Of the large bear interests
have chosen their speculative lines on thai
side Of the account. and mat SO far as
operations Of that sort are concerned.
they are due TO disposition which the
board room element and the smaller class
OF professional SPECTATORS always exhibit
10 sell the market snort. when dullness Is
q pronounced feature.
The more hopeful feeling which AMI
mates the market seems 10 be due to a re-
vsed speculative opinion regarding the
probable tenor of effects OF the coming
presidential message. particularly IN It's
treatment OF the Cuban question The cur
rent reports from Washington Indicate
that IL viii. 50 far as concerns the matter.
be conservative document. which the
street CONSTITUTES as favorable TO the mar
ket There Is. OF course. uncertainty
about the course Of congress on the Gu
ban and other matters. but a feeling has
grown that the short session may not be
productive Of any very positive action.
though the larger speculative interests.
which, as stated above. have ceased TO
act or the bear side. show an indisposidcn
TO adopt any positive course until congress
meets and there is some definite basis On
which 10 Judge 81 Its policy.
Ii must. however. be noted that ibis has
not deferred certain Interests from tnsti-
tuting builiSh nanipulations In their own
speciaIties. more particularly IN stocks.
In which the existence OF any considerable
volume Of bear contracts afforded oppor-
trnity for marking UP prices on the
xaortS
Bank CfearinEs.
The following table. compiled by Brad
streets, shows the total clearances a.
the principal cities and the percentage Of
increase or decrease, as compared with
thu cores bonding week last year: