The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-12-13

item 10 fSs9. 90 which q hv far sha
LIES. ever carried by New York banks.
raClnc 10 the new purchasers may BE-
uaced IN the expansion Of the loan item
oi me banks during the past ave weeks.
s-on November Is last loans stood at
5is.sa. 60 as compared WITH So. -. 90
pecemosr II. The loan increase. there
Tore. has been over 81 30 90 In the
sn ms time deposits have increased s4e.-
$3.50 and cash reserves S pnpOl Adj
Mitung that the regular mercartiie de-
naho Tor accommoda lions has had soma
place IN this change. the main cause con-
oeen the operation in connection with the
Mon Pacific syndicate. The deposits OF
me oank most prominent In the financing
in fans sn,s deal have srown nearly g e. go
Inc banks have been gaining cash from
the interior for a number Of weeks past
cut the effect. for the reasons just set
1ottn, mas been greatly minimixed The
RAPID expansion in deposits requires each
week heavier reserve. and the opera
IONS OF the past six days nave resulted
y, ~ aa &c In the surplus cash In banks
OK 9, SIS. bringing the excess reserve
20 <ls.ssl.i As, the lowest since October iS
last That the changes noted are OF a
special character is also shown in the
Ing been A.0l coo. This shr.nkage can be
traced 10 several large institutions. ore
OF which has probably decreased its cash
through the payment Of the Sugar divi-
There will be more or less shifting OF
FUNDS as the first of the year approaches.
IN antieipa.ion OF the heavy dividend pay
ments, and another installment of the
Union Pacific money is also due about
that time. The effect will be 10 mako
wide changes in forthcoming bank state
m 9,as but with the supply OF available
abroad there does not seem to be much
enance for anything like a permanently
nigner level for money rates. The gov
na xyrf T.
nrst of the year will release a great deal
or money now locked up in bank vaults
as special deposit.
General Quotations.
Flour-Receipts, 34ssg bushels; exports,
e sss bushels. Dull and nominally steady.
Q560: winter straights, A5s95+. 20; Mime
apolis patents. $Sl0u5.45: winter extras,
Stegi; do bakers. si2ea44o: winter low
Wheat. Receipts, 1861 bushels; ex-
ports. 1876 bushels options opened
easier and declined under liquidation.
prompted by weak cables. lack OF export
demand and duh trade generally; closed
ssat1c lower. No. red May. s3%s gsS3sc
closed ssizc; December. ss44s7xc; closed
s'hc.
1893 crop. 4aec: 1896 crop. 6asc; 1891 crop.
154lsc; Pacific coast. 1895 crop. 4a6c: lssS
crop. s0sc; 1881 crop. l54iSc.
esroleum~Duli; United closed with no
market.
Coffee-Options closed dun. net un-
changed 10 5 points lower. Sales, 5000
bags, including: December, s.SGj5 soc;
March. &c. Spot, steady; No. Z, invoice.
Csc; jobbing. sisc; mild, quiet: Cordova,
si2n15c.
sugar-Raw. firm: fair refining. sse;
centrifugal, sc test, 5-lsc; refined
strong; mold A, oi.c: standard A, 47se;
coafectioners' A, 45sc cut Loaf 5ssc;
crushed, 5ssc: powdered. size: sraauialed.
5 1-l6c: cubes, 13-16c.
Metals.
Pig iron-Quiet; Southern, $l0Q1250:
Northern. $l0.o0412.55.
Copper-Quiet; brokers' price. $lo.12is.
Lead-Quiet; brokers' price, $3.50.
Tin-Plates, steady.
Imports and Exports.
The exports of specie from the port OF
New York for the week amounted TO $el-
800 in gold and $685., 029 in silver. The i'm
ports were: Gold, $42. SIS; silver. $ei, a2.