The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-12-04

Failure. for the week hsv. been PCS in
and = II Canada, against 81 last year.
Brad.srcet'. Review.
Rradstrees's Tomorrow viii say.
General trade throughout the country
has presented rather more animation, ow-
ing 70 colder weather. and the approach
Ing holidays. While clothing, dry goods.
hats. shoes ard notions, hardware and
fancy groceries have been in tssis better
demand from both johhers and retailers IN
the region tributary 10 Chicago. s.. Louis,
Omaha. ST. Joseph. St. Paul and Kansas
City. the tendency OF business has been %
siaeken. This Is noticeable In iron and
steel and In a further depression tm cot
ton goods. print cloths having he new
record ia prices.
ness Is a weii-maintairea export business
trem nearly all ports.
The lower price Of print cloths is fol-
a lower price Tor iaaisn corn. Oats are
slightly higher. and coffee has advanced.
in addition 10 which there remaisis a Iona
nss OF the staples prices Of which are an-
The domestic grain trade continues To
look with e0uaninity on the afge auantt-
ties Of wheat exported ffem both COASTS
which Is an evidence Of an appreciation
OF the relation OF supply 10 demand by the
grain trade abroad. The total experts Of
wheat flour included as wheat from both
coasts OF the United States and from Mon
treal this week aggregate &ssa 80 bushels.
1.saooo bushels larger than last week and
within sss.oos bushels of the largest on rec
ord, They compare with total exports In
this week last year of &S3s.ss bushels. of
slss.ooe in iSS, a,oli.Qeo in 1871 ard a.sssoee in
Corn exports show heavy gain over last
week. aggregatfnx i.sSS.XS bushels. against
s,ssano bushels last week, l.saSe1 bushels
last year and i.sSs.oe in the week II lSS
Exports OF other cereals such rs oats
rye. barley and h,sekwhsat have also been
very large. and the total value of our CO.
isss 10 be fally n,aa e se 'Aa' N ~
There We're 80 business failures through
out the United States this week. against
cember, iSeS, SIS in 1896 sa5 in 1884 and 81 in
1&3 There were 81 business failures re-
ported from Canada this week. against s.
last week, q in the week one year ago and
80 two years ago.
Hradstreerx Eimanciai Review.
win say: A much more active and at
times decidedly strong speculative mar
ket has been seen this week. The market
ship OF a powerful Character. and while
the outstanding short interest was forced
TO cover. a considerable volume OF fresh
outside buying was attracted by tho move
ment. Though commission houses were
more prominent in the transactions than
for some time past; the generai opinion
OF the street credited the report TO leading
passed into strong hands and did not come
out under manipulative pressure. there
being at the same time a considerable
short interest In some portions of the list.
Circumstances also favored huilish dem
onstration at this time. the belief that the
presidents message would take grounds
as TO both Cuba and the currency salts
factory to financial and business interests
being a factor of considerable importance.
The generally good character OF current
railroad earnings reports and the exeep-
tionally gratifying showings made by GER
tain companies for October. notably by the
Pennsylvania. has also been a leading fac
tor. AT the same time the announcement
of the Rock Islands plan for refunding
the greater part of its floating debt at
per cent. and the very successful forma-
ton OF the syndicate for this purpose has
had very good effect
The bond market has also attracted no
small share Of attention and great actiy-
fty has been displayed in q number of
speculative issues, while the more stable
class of securities are influenced to some
operations by special companies. IL may
also be mentioned that the demand for
high grade Investments and municipal
bonds Is steady. that foreign offerings OF
such securities are readily absorbed, and
that in number of cases the bonds of
American municipalities are selling at the
highest figures on record. The steadiness
and advance in exchange has attracted
little attention. Nor was Wall street dis
posed to take much account OF the con-
tlnued selling of our stocks by London on
a small scale. In fact, the supply Of Amer
leans is said to be practically exhausted.
Rank Clearings.
The following table, compiled by Brad
streets, shows the bank ciearings at ~
cities for the week ended December g. with
the percentage of increase and decrease as
compared with the corresponding week last