The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-12-06
Total Sales.
The total sales Of stocks today were IS, 500
Bank Statement.


Legal tenders $1,000
Deposits .... ...-- -.-..-. .:...:. o.4s,iUp
The banks now hold So, L., $50 in excess
OF the requirements.
The New York Financier says this week:
The enormous balances which the New
York banks have been accommodating for
the past few months are shown in the clear
ing house statement for the week. Loans
are now within 81. 800 600 of the $500. 600 900
mark, and deposits are $e66. sls, CO., which Is
oue-third of the total individual deposits
reported by the 3sio national banks of the
United States on October last.
The ranid Increases made by the banks
since May last will be understood better
when it Is stated that the gain in deposits
since that time has been 9o.oo0.oo0 and in
loans more than $50 ss1 go Comparat
creased deposits and SO 900 of the loans
have been made by one bank. which holds
~ the present time over ssl 90 OF net
deposits. The statement of the banks for
the week Is favorable. Leans show a con-
tinasd increase. the expansion having been
distributed among q larger number OF in
stitutions than has been the case for some
time past. The number of banks tearing
through the clearing house has been de-
creased one. through the absorption OF thu
United States National by the Western Ma
tlonal and the increase of 81 2is 800 in the
loan and 80 275.s1 in the deposits OF the
latter institution reflects shis consolida ton.
The increase OF deposits for the week Is
due In great part 10 special causes, one
hank alone reporting an expansion in this
item of &c sfS Nsl which IS larger than tha
combined changes in all the other banks.
This was due 10 circumstances connected
with the Union Pacific settlement. Five
banks gained in deposits nearly S1S 900 po
from which Il is 20 b Inferred that the de-
poe3ts az the other fif5g-nine banks IN the
clearing house are about six million less
than n the end Of the previous week. The
gain in cash. according 20 the statement.
was II rs 5a bat this. too seems involved
in special transactions l. IL known that
the banks received from the interior more
than 10000 IN excess OF shipments but
since one bank alone increa sed It's cash
s. SaNl and che ga ms made bv three
amounted - - 90 900 u follows that the
large majority OF the banks have decrea SD
their reSerE
The statement. taken as a whole. proves
me banks 20 be in strong condition. The
larger Institutions are huyiug sterling bills,
ard as the Union Pacific deal has been
tfr5ance the outlook is for cheap money
for some time 30 come.
Exports and Imports.
The exports OF specie from the por. Of
ssi S01 IN rold ard ss4s Ses in s;lvsr T-b "a
imports were: Gold ss5 $50: silver, sas. $50:
dry goods, si.eos,e.sl: general merchandise.
s..i2S. 20.
General Quotations.
F!oQr-Receipts 2i.7o3 barrels; exports,
ffgi0 barrels; dun and easy with wheat:
Minneap polls patents. $685.; do bakers,
81 9a6f4 *: winter patents s4S5G}5. 10: winter
s;raigfis. siSoaaso' winter low grades.
g a"Si5la.
Nheat-Rsceipts 1sSs25 bushels; exports.
i%2 N bushels: spot, weak; No red s-ssc
Options opened weak under Disappointing
cables and were duh ali the morning within
a narrow range, closing i.ISsc net lower;
No red. May. a@sa9@%Sc. closed AZ ssi.e:
December q a-i69st- l-lsc. closed az Sc
Hops~S.eadv; stats common 20 choice,
lSgS crop. s16c: isss crop, sSiac; fsaT crop
lsIlSc- Pacific coast ISS crop 4Isc; IsaS
crop. e3Iac: Iss7 crop. lsf1sc.
Woal-ste1ay; domestic fleece. 27EsIc:
Texas Iafl}7c-
Fetroleum-Dull; United closed with no
market.
CoFee-Optso-1s opened dufl at unchanged
vr!ces - en advance OF s points, ruled mae
tive aaA featurelsss with worlds visible
supply Increase @: 1sI.-S3 hays about as sx-
2ected. ana attracting no attention. while
higher European cables were OFFSET BIZ low
a. Brazilian cables and Inactive spos ca
he demand Ciesed steady 81 ne. IN
changed prices; saies. 200 osg s. including:
May Ike. Spot coreA-Rio. quiet; Nc. :.
inyo,ce. s1sc; No. 7. to5h.ng, sssc: mild.
DUN T0Ttova sirsTfle.
s4sav-RAw. ARIA. lair refining. sac: cea-