The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-11-06


,s,.<+r;es and the wuuie-be buyers. since
sy-s~l1la.fon would otherwise advance
rrErxs 50 rs 70 make reacison trnproos Die
Mere works have Joined the active list,
including some long Idle. and ne proooc-
S.-e- known TIE output Of pig IRON ex-
ressaS the DEMAND which naturally ciErsr-
Isles near the close Of the year. anc prices
x5eId slightly but the consumption : Kept
r. the maximum BY pressure Of orders.
wnfef the works are nos able 20 III fast
enough The Illinois Steel Company SNIP
arg 90 tons OF finished product per day,
z sshsrs Eastern and western orders
accumulate for railway ma erlais Tor cars
ard liars. and for ship plates ana strucs-
urai forms
Another rise IN wheat lifted the price
sisove 81. but profit taking speedily caused
a reaction and the price closed zizc lower
f7r the week. Receipts were about l.1o,-
30 bushels larger than last year. and At
lantic exports. -four included. were 32S.-
s4e bushels against l. So. sS3 bushels last
year Experts IN October, a. IN Septem-
Der. were heavier than in any precedlng
month. After gloomy reports or the condl-
ton of winter wheat. extensive rams nave
caused nate IA Improvement.
Failures for the week have been zss N
the United States against % last year.
ard % in Canada. against e last year
brnastreets Review.
NEW YORK. Nov s.-Bradstreet's to-
morrow viii say. Killing froSts Sootn.
the raising OF quarantine enbargoes al
fever the resumption OF trdffic ana the
prospective revival in the demand Tor
staple merchandise constitute the trade
features Of the week. Rains IN Central
Western and Western states. followed oy
cold weather. have favored farmers and
stimulated demand from interior store
keeDsrs. This has made Favorable effect
az Louisville. s.. Louis and Kansas City.
Jahhers IN Northwestern states are await
ing seasonable weather TO stimulate the
heavy dry goods and winter clothing
Features at the larger Pacific coast
cities are confined 10 sales OF merchandise
and provisions for the Klondike. and the
heavy foreign shipments OF wheat anu
-four. Larger Eastern cities report no in
crease in the general merchandise move
ment. New England centers report that
orders from the West exceed those from
the South or East. Leading manufactur-
ing industries are fairly we'll employed.
While there has been a moderate reaction
in iron and steel. furnaces and mills con-
,inue well employed and the outlook for
higher quotations Is good.
The prices for Southern and Bessemer
stores. woods, copper coffee, pork, hour.
oats and wheat are lower. while those Tor
cotton print cloths. sugar and beer are
unchanged, and for Indian corn, lead and
Exports OF wheat flour included as
wheat) from both coasts Of the United
States and from Montreal this week az
gregate 5.s75. PIC bushels. compared with
5aii 391 bushels last week. S4t2.Vo bushels
ore year ago. 2,566 600 bushels two years
ago. 2,6Se, 900 bushels three years ago. and
as contrasted with 2.slS.e0 bushels IN the
corresponding week OF 1888.
Exports of Indian corn this week amount
TO 2.i99 so bushels. compared with l:Sss.g5
bushels last week 2297. 90 bushels IN the
corresponding week one year ago. p. 900
bushels two years ago u ee1 bushels three
years ago. and as contrasted with 4,eso
bushels in the first week or November,
There are 90 business failures reported
throughout the United States this week.
compared with 21s last week; 2S5 in the
three years ago and as compared with S33
in the first week of November. 1898.
Bradstreefs Financial Review.
NEW YORK. Nov. SIN its review OF
the stock market, Bradstreets tomorrow
will say:
At the beginning of the week an idea
prevailed in Wall street that a more ac-
tive and better market would develop art
er the election. On last Monday there was
some purchasing of stocks by the bear
traders. though IL seemed that profession
ais on the long side evened up contracts;
The market on Wednesday was weak and
depressed on the election results in some
of the states. which. II is argued, indicate
a revival of the free-silver sentiment. On
Friday the market had a sharp decline,
caused by unfavorabe advices from Mad
rid aDuut the Spanish governments atu-
tude toward the United States in relation
10 Cuba and the resolution of the Cham
her Of Commerce calling for better forti-
dcatiuns at New York. Considerable hqui-
dation marked the decline.
London, however, was not seller or
stocks here, and even purchased 10 some
extent on the declines. presumably for the
purpose of covering short. The public
here has been absent from the market. and
disappointment with the turn OF events
has induced more or less scattered nqui-
dation Of long holdings. The bulk or the
selling which accompanied the declines
was. however, for short account. The
haa
smaller traders. who have taken small
profits whenever they presented them
selves covering on limited declines, ana
thus projecting a number OF temporary
rallies and giving the market up 10 Fri
days depression. a very irregular appear
ance.
IL is recognized that one of the reasons
for the inactivity of the interest in the
market Is furnished by the fact that many
houses of the first Importance are engaged
in the Union Pacific matter. and that IN
iii that transaction is completed they are
unlikely to extend in other directions. and
of arrangements just completed by the
Chicago Gas people. In the latter part OF
the week unsettling factors were supplied
by the illness of Mr.. Havemeyer. VINO IS,
however declared TO be convalescent.
bank Cfearings-
The following table. compiled by Brad
street shows the bank clearings at the
leading cities for the week ended NoNem-
her = with the percentage OF increase ana
decrease as compared with the cores
bonding week last year:
New York =. .....s ss5 4ss.ms l5.s 80.
IN