The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-10-31

ana sctual famine h PARTS e lndia have
associative bearing, but are realty less
important 10 the American market than
the news * the decreasing suppiles from
Russia.
.-The specu1atisu IN wooi continues. ana
has taken during the past four weeks 81
n 100 pounds. against -. 50 last year.
ana 8. SN02 "a 11sa although less than hkit
the capacity Of the rsilis Is employed
1T Is gratifyinx feature. however. that
about twelve establishments hsve started
during the week la confidence that bush
ness win b larger hereafter There u a.
ret only = slight Improvement n the de-
mand for light weight wOciens. Iron has
been bought largely by spectators. -s,suo
tons Of BesSemer az PittSbar9. raising the
prizes to $lLSo. the large quantities OF gray
forge raising the price to -. ana o.oe0
tons, nearly all OF northern. al Chicago.
Finished products are unchanged in quot
- prices. although quotations are less
shaded than OF late TO secure business.
and there IL q strong belief that after
week there will he n marked change. Tho
known orders deferred Until after the cleo
ton would by themselves suffice to employ
the works for considerable time.
Failures for the week have been 20 IN
the United States. against rs last year.
ana 70 In Canada agains, S last year."
BraAssreetss weekly Review.
Bradssrcet's tomorrow viii say: The
condition Of rho market has been domi-
mating factor in stock speculation this
week. II cannot be said that Wall street
entertAans doubts ~ TO the defeat OF the
ire silver cause next Tuesday. Neverthe-
les the large interests In sie street have
taken conservative turn and are un-
wiling 90 encourage any extended srecu.
tatson on the eve OF an event with such
tAr~reachzng consequences. The banking
community 10 tmoued with the same ideas.
though at the close OF The week the fear
OF decided disturbance brought about COM
certed action by the banks. and supplies
OF money from this source. though only
put out at top rates. relieved the fears Of
tho marke& and caused prices to rally.
The foreign markets have SHOWN nervous
mesa over tho outlook here. London has
been RECALLED with contradictory reports
as 10 the political probabilities Ia this
country. como OF them coming from
sources friendly to free silver. The whole
London market u waiting and American
stocks were depressed. while foreign rep
reseutafives here eoad to some extent, all
Enough on Friday there was q decidedly
better feeling there and an Improvement In
quotations for our stocks. The money
markets abroad are firm, and the Bank OF
England. while II did not advance IT'S rate.
has shown Imposition % keep tho open
market frm..
Business Outlook Hopeful.
Bradstreet's tomorrow will say: "Busi-
ness In staple lines Il confined to iuAmedi-
ate wants. interest IN the election absorb
anS attention. The volume OF trade il
smaller than q week ago and will continue
restricted until the results OF the elec-
ton are known. Advices from important
distributing centers report that leading
commercial and industrial houses take q
hopeful view Of the business outlook and
expect an early revival Of demand. based
on the anticipated success Of the sound
money issue. An encouraging feature is
further advance In the prices Of leather.
wool. oesscmer. pig iron. wheat. Indian
corn. lard. raw and refined sugar and
crude and refined petroleum. The total ex-
ports OF wheat, nour included a. wheat.
from both coasts Of the United States.
amount to $50 bushels this week. exclu-
sive OF shipments from Galveston. no re-
port Of which has been received. COM
pared with A.067,0oo last week: 2,7t3,0o0 In
the last week Of October. 1886: c.93l.000
bushels In the like week Of 1894. Exports
OF Indian corn amount 10 s.59a.0o0 bushels
this week. nearly 900. 900 bushels less than
last week. one-third more than In the COR
responding week Of 1895, fifteen times AZ
much az In the corresponding period Of
lSs4. and three times a. much a. In the
Like weeks Of lssc and 1898.
Merc4htue laiIures throughout tina
United States have declined In number
this week, the total being 246 against "a
last week. 40 In the same week one year
ago. 1S In tho corresponding period two
years ago. and as compared with 35s In the
like week Of 1893. There are 81 business
failures reported from the Dominion Of
Canada this week against IS last week
ana like number on tho same week one
year ago. but as compared with Is two
years ago"
hank CleaPlngs.
Tho following table, compiled by Brad
streets. shows the total ciearances at the
principal cities and the percentage Of In
crease or decrease, as compared with the
corresponding week last year:
Inc. Dec.
New York ....... 1855 266. 4e; -. 80
Chicago ...... ...... s. Sos. 452 -. So
Boston -. ...... Si7Il4ki - 81