The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-11-27

by INABILITY OF the works 20 deliver IN tina
time desired In bars. AGRICULTURAL ana raii.
way manufacturers S2Gss 4 heavy ds.sahd
at Chicago. Thin sheets are aka, IN better
demand. aut bars are a shade lower al Pitts
burg. and both W re aud GU. nails are lower.
some large orders for rails by Eastern raal-
ways are reported.
Some reduction in prices Of wool appears
POSSIBLY averaging hall cent. with safes
la a few large blocks in Boston. bat the
tone Is still strong.
Faslures FER he week have been Is n
- IL Canada. AGAINST : last year.
BradstreefS Review.
NEW YORK. New. as,--Bradstreet's to-
morrow VIII saw,
Notwithstanding the appearance OF de-
maud for holiday Specisities at some
points in the South. az Chicago. 81. Louis
and in regions tributary thereto general
trade throughout the country has shown
no general Improvement this week. Most
favorable reports are from the territory
west Of the Mississippi river and north of
Missouri and Kansas where colder weather
has stimulated demand and the interior
and country merchants have been buying
with comparative freedom,
The Eastern cotton goods industry con-
tinueS depressed Consumers evidently do
not intend TO buy extensively until they
believe the price of raw Gotten ts ready
10 advance. Competition from Southern
mills. and more particularly overproduc-
ton hy manufacturers who produce a sin
gse staple. uneerlies existing large stocks
and the hsavineSS Of prices. Conyerters
situated relatively more favorshiy. Other
lines representing sessonabie distribution
are manufacturers of wonens. clothing
shop and jebbers Of groceries. At Phiis-
delphla there IS a checked demand IN Lead
Ing textile lines. and arrangements are
making 10 run on shorter time.
Iron and steel have nos been In IA active
demand as expected, and are lower. not
a. a tfv,s~
piled with orders sufficient to carry them
well into next year. a favorable feature
Is found IN advances of wages OF opera
tives In various Industrial lines
Wheat exnorts. affected almost entirely
by the holiday. show a considerable de-
crease from last weeks total. The ex-
ports of wheat. -four included. from both
coasts OF the United States and from Can
ada this week are 8 tss.lss bushels against
s.sas.oo bushels last week 3.Tss.oo bushels
last year. 2sso. COO bushels in 1895 ssSS Oao
bushels In 1894 and sstaeoa bushels In 1898.
Corn exports also would have been
larger but for this reason. amounting TO
$500 bushels. against s.sino 0e bushels
last week. ?, aao, 90 bushels last year. 1,sse-
.S bushels Ia 1885 and 10000 bushels In
There are 80 business failures reported
THIS week. compared with rs last week
w IN the week year ago. sSS two years
ago. 90 IN the corresponding week OF 1874
and as compared with rs In the like Pc
Rod of 1885,
There are "a failures reported from the
Dominion of Canada this week. compared
with 81 last week. IS I'm the week a year
ago and - two years ago.
Hrndstrcet's Financial Review.
NEW YORK, Nov. ss-Rradssreet's
financial review tomorrow will say: AL
tnoush speculation has been mainly in
the hands of traders. the unaertone OF
strength was apparent throughout two
weeks transactions on the stock ex-
change. The holiday on Thursday, how
ever. created an indispositian Ia trade.
and resulted on "Wednesday last in more
or less selling TO obtain limited profits on
the bun side. On Friday the market,
after an early spell on bull news. dsveI-
oped strength on bear covering and closed
nss.er. Ihere has been no very severe
pressure. ana. while excepting IN n few
STOCKS. decided support was lacking Ii ~
the general impression that liquidation Is
over and the stecks are in strong hands.
The approaching meeting OF congress Is
regarded az the next speculative factor of
Importance. and Ii IL concluded that large
nnanciaf interests are waiting tin the ses-
sion begins and the attitude of the nation
al lawmakers on the currency and Cuba
Is developed. So far as the administration
Is concerned the Street AT large has
been impressed both by the pacific dis
position that has characterized the nego-
tiations with Spain and by the current re-
ports that the presidents message will
deal largely with the currency and take
a position satisfactory TO sound money
Srutltiitists- Inc lHcs tEai secretary Gage,
In his speech in New York on Thursday
evening. dealt only with generalities as TO
the currency and the administrators poll
hey in regard thereto, created neither sur
Prise nor disappointment though a norton
of the street was disposed to anticipate
a more positive utterance. There was an
absence or unfavorahie DEVELOPMENT
throughout the week and more attention
was paid 10 the Increase I'm railway earn
ings
The payment OF the installment Of over
Si3,e 600 OF the Union Pacific purchase
money was accomplished on last Monday
without any disturbance OF the loan mar
ket. and whatever interest exists in that
connection refers TO the disposition of the
Kansas Pacific division al the foreclosure
sale. which takes place on December lS
no definite arrangements having been
made by the government and the, renrgan-
ixation committee. London has not been
factor OF any importance In our market,
though selling from that source has been
larger than the purchasing.
Hank Clearings.
The following table, complied BY Brad
street. shows the bank clearings at
eighty-seven cities for the week ended
November g. with the percentage OF In
crease and decrease as compared with the
corresponding week last year:
New York .........s essoen.ss7 is.s -.