The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-04-10

Chicago has o.fv Shut held ITS ow-.
Exile Il arv Improvement aatn< reported IN
tERse fesre. 81 fyoats. mere dependent On
.Ea1sC IrNsn ne Earse1 region. reports =
decrease IA volume ~ hs.SarexS goeee-s
- tfnassa. -. paul. Milwaasss and Port
t2n1. CsTss re2o-t s better demand. notably
iestAe- p~e<-erssy.a s.v~ssraS i 80 vrs,s,i
tariff are behind another Use n re price
g HooA 4%11 Noo4cas. 92S common soSsis
Gn1S 24- Lazl - A8x4nce. because sha re-
ssrieted pxoaacfion Is Meeting carrens de-
u2and
Nearly all staples excent these mentioned
IS ssying zdvaaees have declined.
txpcTis q whS2. (sear Included ss
wnsata from both cossfs 81 the Initea
: aseS ard -: John. -. r. this week were
80 81 bushels compared with : ~ Sso last
weeS. litAsse Tie week = wear ago, @.iases
tne week tNo years ago. 1es5 90 three
years aso. and asss.aaa IL the Ike week %
Business failures remain NJ TIE lower
level recsatiy reported * iris week curs-
pared VITA ~ last week. - - the week
year ago. Is Two ys2rs ago and I'll taree
years ago.
There are e business failures reported
nom the Canadian dominion this week.
against S last week. 80 Ia 1As week 4 year
ago and = tive years Sg-o.
Review of the stock Market.
g-adstress's financial review tomorrow
Although the market Ass been q pro
fesstonRl one. and AZ ghe beginning of the
week exhibited further EeavinesS. covering
OF shorts on an extensive scale SCI n on
"Wednesday and Carried prices in many tn
stances 20 considerably setter level THIS
movement was nor attended BY any very
striking news. bur would seem 20 BE the
result Of oyerselitrg by Tire professional
traders and their siiies.
The fact that the railroads did not Justify
the hopes OF TIRE oeArs IN regard 10 their
action upon the trzns-d lsscuri decision.
and have ssuGioussy RETAINED from In
RuEurating rate Wars Was. of course. an
important factor tn this connection, and 81
snsy also be Observed that except IN few
stocks, Ike New Jersey Central. where
special reasons for liquidation existed. no
ppon the market during the recent DE-
cilnes. Loosely held long stock WAS. how
ever forced out. but IL Is now evident that
the short selling was upon a much more
extensive scale than had been supposed,
and as further rrfavorahie developments
seemed far OF. uneasineSs on the part OF
the professionals caused q general desire
10 close their &C rtracts on TIA bear SHE;
but this disposition has doubtless been &C
CELEBRATED ey manipulation on the part or
some of the leaders or the bears. and Il
may he remarked that the commission
house buying Indicative Of renewed public
interest IN tho market has been lacking.
The reduction OF the Bank OF England
rate. with the decline OF The money mar
kets In London and on the continent. pre-
senfing as they decreased hpprehersions
ton, are considered favorable factors. At
the same time London has been inactive,
and shows llttls or no interest IA cur
market.
Bank CIearfnEs.
The following table. complied by Brad
streets, shows the total clearances at the
principal cities and percentage of increase
or decrease, as compared with the cor
responding week Last year: