The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-10-10

ave appeared a late and are reaiccyed n
sareer ranssotions an. in continued bay
n4 OF materials for rnznofAcsnr4ng- 4
49, raxl - the change ID drc - those
,wssssssssssoie taws Of supply ami demand
80 Easrs X y wanted India i wa-xiae
D.. SsiKoes q wheat on The way from the
80 states. tuss a. Australia and south
ps as Hsls ass = .Sos 40 "a. sn
ne surplus from RuSsa and European
countries y reduced ACCORDING . late e.
sinasss. 4.oso.OOa Elzheis. Happily sh:s
co-nss nAye not ccrrscsIy measured IL
~ a. IA movements do not greatly instead
- 80. seeesDss scr The week we're 49,
wssk, and this follows an increase Of a.
vs1 ossneas IN receipts during the quar-
ser ending September o. Atlantic ex-
Horfs. Leo bushels. -FOUR incslsed. Tor
&c week. aE1inss l.ae.6ae bushels last
year. ars not vet 50 large as 10 force
pricss upward il Esxrepean buysng easei
ca Eiropsen needs did rot ccafrol our
soo !. N. asauss E ,.r .rss dss sgan e.
Scrn. which 10 rarely failing sign Of de-
nc-enf crops abroad where oshcr grains
srs ued inssead when whea; becomes
Iron furnaces n hass October have a
capacfy OF fA.Tn tons xeekly. against
L2.Se september and III. 3x tons Novem-
per ! est ysar. while unso.d stocks de-
1850 ss6s tons. bat il those OF steeS-
making concerns were Included would
pTooAoly Snow an Increase E2,ying Of
IA sr1als continues. but Bessemer Is q
sraae weaker, $lf-0 al Pfsssnury
The de<nand for pro.sucts Is si.rht. ana
= muca orslaeas - held back pending the
esecSion that the decreasing OF the output
: nos an unhealthy sign. There 10 quite
MssS, and rather better for pipes. and out
Sire concerns are getting large contracts
In steel and iron bars ard IN nails. bot
cs4nss Etsie. with . sligns demand for
coppeE lead quiet and tin weaker be-
cause me visible supply. 8, 20 tons, Is 500
3,sassr than year ago.
Failures for the week were "a IN the
United Eate2 against 2sS last year. and
- IN Canada. against 50 last year.
DraAstPeet Reports Fewer Failures.
sBradstreet's tomorrow will say: Colder
weather. continued heavy receipts OF cot
ton and wheat and other Influences have
various points. but the volume or trade
remains without material change from a
week ago. The tendency at some centers
IS 70 smaller trade. but the general
SECTION interior merchants adhere to
the hand-to-mouth policy of buying and
wholesale merchants are inclined TO ex-
anime INTO credite closely. Except In tho
cotton and wheat regions. mercantile coll
lecuons continue satisfactory. Trade i'm
pfovement is reported from Atlanta. Au-
susta. CHARLESTON. birmingham. New Or
leans and Texas cities.
The Pacific coast reports increasing ac-
tiv1ty In wheat, worthy fact being .
cargo exported 70 India. Total exports
States and Montreal flour included as
wneao continue to attract attention. in
view OF the short supply in Russia. In
Ola. Argentina and Australia. The do
mNStic wheat croD n more likely IA an
proximate 500 600 90 bushels this year than
oey io0,ooo.00o. the general interpretation
OF M, the government wheat crop report;
large demand for wheat for export within
tne next SIX months. larger supply than
heretofore reported is likely to prove for
the week amount TO 4060.T2 bushels.
against &.2l5. 40 bushels last week. Ia 90
bushels in the first week OF October 1896:
1888. and 81 90 bushels ia the correspond
ing week OF 1Ss2.
There were 2ls business failures In the
United states reported this week, q de-
cline or 81 as compared with last week
but an increase Of II as compared with
the same week IN 1884, When contrassed
with the corresponding total In 1883. this
ness failures reported from the Canadian
dominion this week. Last week the total
was ., year ago II was a and two years
ago 81.
nevleW Oh STOCK Market
Bradstreet's review Of the New York
stock market tomorrow viii say.
Liquidation of speculative holdings and
renewed activity by beaFsh operators
gave an unsteady appearance TO sp>cu-
iation and caused pretty general declines
tersstA which were responsible for the
advance. were ready 70 take profits on
the long side and 70 work more actively
operations for the short account. but
would furnish opportunity for the Aeyrisi-
ton Of lines OF long stock on a more adj
ton was aided BY number OF circum-
stances.
The unexpected reappearanoe OF the
str.ngeucy IN money and IN the develop
ment OF the fact that there IL demand
for gold for boarding purposes had an un-
settling influence on sentiment. On sha
other hand conditions OF the money and
cotton markets remove thu assurance that
the favorable condition IN our FORE gn
trade viii continue and the renewed de-
cline In exchange has been promptly fol-
lowed by further engagement in London
amount OF specie shipped from the other
side during the week - "a. 80 900. and for
eign exchange 10 1t a level which affords
assurance that the movement win prob
ably continue.
Among other favorable items Of news -
the considerable disposition Of Western
railroads to settle their troubles and adj
South seems TO be thing OF the past.
The decline OF American sugar stock.
though feature OF the market was q re-
suit Of circumstances peculiar TO the COM
pany and to the trade. the principal lac
tors being the weakness OF The raw sugar
markets ana the report that large dnAn-
cial interest waA about to establish oppo-
eit.ou refinerses. On Friday the market
with the exception Of sugar. was strong
till the last hour, when renewed weak
ness appeared on bear selling. based on
bank statement
Weekly Bank Clearfngs.
The following table. compiled by Brad
streets shows ne total .clearancea at
the principal cities. and the percentage
Of Increase or decrease. az compared with
the corresponding wesk last year:
fnc Den
New York .......e e6 ISL 81 -, 4
= naexEo :. .~ss..... 1AS2 a0 80: