The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-10-22


that much Of this demand X necessarily
Mat might be termed forward business
aF3 indeed stocks n <h.S country, An spite
CT Ae2vy currsr. deliveries by farmers
could hardly a-sow OF pro.npi SAifIoeas-
sven < the ocean irs-sht situation was not
e strained one
General iistrsautive business, particular
y 81 N. Nsrfh, appears 20 have suffered
..Nhe situation At the South is rather more
favorable than for sospa time past. this
resulting mssniy from the Sk'Tegaiua or
mary senssless quarantine regulations
Some important changes ~ tire sltn@Coo
.: textile goCtis. particularly COTTON ara
wool products appear 10 be impeading.
Rather fncre flrn1agss has been impaired 20
the former STAPLE by the tax of frcst
checking further gre~tn Of me plan, ~
the South and tAo establishments AZ rsh
River Of The iong-sSpecsed Joint selling
agency for rrtaf cloths AID similar ss,lQIs
has Ss!nened tSe price - those rFHfs'ess
quite materially In weci ana wo9.sn
goods. tee signs of improvement are a
srifse more numerous
The foreign trade situation Is about as
described last week, except tbst arse de-
creaseS n a Few leading exports have been
partly made Up by increased shipments ~
American manufactures and the nine
months figures point - completes calea-
Sar years bus ness III advance OF all preGc~
cessors n volume OF export trade,
oar import trade begins 10 show slight
increases over eoEFsssion1iUS pSFioJs a
year ago. ana the substiJ alton " dut'aSie
for nan~dutiaeie goods This movement
points to an Improved position In The Gus
sons ...-..
Prices are quite strong. notable in thi.
respect being all the cereals. tarGs. pork,
cotton. print cloths and raw sugar.
Little change is noted IN the ron ana
steel market which, as for Sone tine past
continues quiet as regards Rev business
though the mills and feuGGr;eS are SIM
actively employed
The general industrial situation con-
Times favorable, smploymens being quite
general. particularly IN the West,
Wheat. ineiatiiug Hour. sh!p-Nenls Tor
the week aggregate s.+>,3A bushels AGAINST
80 ssS bushels last esk. a.SS2.iII bushels
IN the corresponding week Of 1897. t.,o'.S2i
bushels in lsS se>S.55+ bushels in 1875 and
ASaS,''# ssasllels IN lss4. slnce july /. thiS
year. the exports of wheat aggregate ILL.,
$stsss bushels against s-.i.Z-eS bushels last
year.
Corn exports for the week aggregate
2.29i. 81 bushels gainst 2,1se % bushels last
week. ana i.i,I,Sis bushels ia this week a
year ago.
. Since July /, this year corn exports ag-
|. gfsgate }is$5. $40 bushels, against 81, .gsl
bushels curing he same period year ago.
business failures IN the United States
this week number 2l3. twenty leSss than last
week. and compared with 30 IN this week
year age. Business failures in Canada
number r. against e last week, and " in
this week q year aFo.
Bradstrcet~ Financial Review.
| Bradstreets financial review tomorrow
I vii. say:
ON the stock market this week. On at least
TWO days The total trading on The stock ex-
change fell 10 less than 10000 SHARES and
throughout the week the pu9llc has been
absent and the transactions entirely pro-
fess.onal The disposition on all SIDES is
10 wait FOR the elections and the outcGIne
OF the foreign political complications, NE
rise OF the European money markets ana
she threatened trouble between England
and France has led to some selling by Lon
don In our market. In spite OF the dull
ness the waiting and the unfavorahle ana
disturbing outlook abroad prices have not
declined save in few special cases. and
the undertone OF the market was strong.
The public is not selling. even If IL Will not
BUY securities at present. and holders see:-:
TO be encouraged by the ease or money. the
satisfactory railroad earnings and the traf-
| tee and the heavy export purchase OF Our
breadSiGfs.
ire professionals short interest has con-
seuuenty been forced 10 cover from time
70 time and the market. as "A Whole. dis
played greater read ness 20 hold than To
sell. Bonds have been ddi, but firm.
though the demand for governments ana
the advance Of the new per cent war
buHds Ia fo57s were among the few feat
ureT Of the week.
The abundance Of capital for investment.
is Shown by the large buying Of bills or
foreign exchange that Is now In progress
and by the utter Indifference OF our money
market to the rise of discounts ana recent
marking mp OF bank rates not only by Lon"
don. but the continental financial centera
Hank Clearings.
The following liable. complied by Brad
street. shows the bank c!aafinss at ths
leading cities for the week ended October
decrease as compared with the correspond
Ing week last year: