The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-12-18
shading. Il Ease q the currsns .n,naense

shading in face Of the current immense
The wheat marke. has been less fevsrssh
anu prices are practically unchanged from
are ADDITIONS 10 the list OF the products
showing advances.
Al the Easse trade IN wholesale lines is
cuet- bat retail trade has ceen stimulated
sufncientfy to allow OF a fair record OF
business n seasonahIe lines Nosahfe
a:mong favorable features Is the improved
nails. '' @ "''A
Inc approach OF the holiday season has
and others at the South. and Increased az
tfvffy Is noticeable in retail lines and
sfioug 1oohers in saasonable goods. Cob
s al,so..s are slightly better In consequence.
ailnoush the low price OF the staple IS
encouraging feature. Aside from the
price depression in It's chief products the
Ine southern business situation presents
mary encouraging features. notable among
tnese being the active demand and firm
OF n'sasr prices for Louisiana sugar and
rice and Leaf tobacco
The export trade on the Pacific coast Is
very heavy, and shipments Of wheat cot
ron and lumber are OF large volume. Prep
arations for an immense Alaskan outfit
ting demand are being actively pushed
while seasonahle trade holds is own
wheat exports show a heavy falling of
ron recently preceding weeks. agg-egat-
4.sai. see bushels from both coasts of the
Inited States ard s.. john. y. B. against
SOD. lag bushels last week. 42s22.e IA bushels
a year ago l,45s,3aS bushels in lS95. ? 81 229o
bushels in 1884 and 32l7. go bushels in iSas
BUSINESS failures show a rather smaller
snan usual ante-hoiday total. aggregatiag
~ against 20 Hast week. a7a in the week 4
H isss ago. 80 in 1885 so in 1871 and sSs in
Canadian failures this week numbered e.
against . last week. 50 in the week a year
ago. ard u In 1885.
Brndstreets Finn ncias Review.
Bradstreers Financial Review tomorrow
Strength. accompanied by considerable
frregaarity, was shown in this weeks
speculative movement There has been 10
outside buying In the market. but ii has
2een IN the main under the control Of the
pun leaders and bull cliques. London
creased favor in which Americans are said
70 ne held there. largely because of the
northern Pacific dividend is apparently
confined 70 professional interests and does
MOI extend To the public. Bonds have
Deen strong but somewhat less active and
tae movement In them. as we'll as in
s.ocks received a check from the harden
ing OF rates for money which began early
~ tne week and became somewhat de-
cided on Wednesday, when call loans were
au ,s, az 3ai per cent This was the re-
suit OF the fact that the banks DO not con-
slider it needful TO go to the trouble and
expense OF depositing United States bonds
VAN the treasury to secure a deposit Of
the Union Pacific money. as ii Is paid in.
ana then ind It almost impossible to lend
II on call at IL per cent.
ne tact that the s. 80. 600 paid this week
was allowed to go into the treasury. and
mat the same course will be taken with
the two succeeding installments of sim
iiar amount will hardly result in any
stringency in the money market. The gov
eminent has arranged 10 anticipate paw
meht oy about week of the S2s 600 600 of
currency skies which mature I'm January
Ihe advance OF interest rates. small as Ii
Is, caused decline in foreign exchange
and any further hardening would doubt
less bring that market to the gold import
point: Still. the street had one of It's char
acteris,c chills as the mere mention of
nigher rates for money. and professional
manipuiators In the latter part of the week
worked in some instances for reaction
with varying success
Bank CIearings.
The following table, compiled by Brad
street, shows the bank clearings at the
following cities for the week ended De-
cemeer IL, with the percentage OF in
crease ana decrease as compared with
the corresponding week last year: