The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-12-10


the latter at Western. poiu,s. Car huisd-
era too, have placed isrSe or,iarx IN.
petsed thereto by the enlargei demand
from railroads which find their ,reseut IA
Ssnues sos handling goods overtaxeS Ex-
Rort TIDE continues encouraging ard OF 4
ANcsA0s nature IN tsiiS respect IN
creased supplies consequent uron fhe
neavisss moven,sst rom farmers hands
ever known. have constituted a hearish
feature N wheat prices this week not
witnsta,sSiiny continued heavy Shipments
abroad. and the coarser grains have SYM
pathised with this important cereal Ac-
vivity IN the lumber trade has BEEN A
feature calling for comment IN many mar
kets. the placing OF large government or
Is for export TO Cuba, having insured
plenty or work Tor number OF Southern
mills until esr into the new year. From
other branches Of the trade exports ara
OK sustained demand Of proportions suf-
ffctent 10 take care OF seasonahie small re-
celpts and prices retain firmnesA
rather more Is doing in raw wool at
slightly lower quotations. hut reports from
The goods trade show little Improvement
Wheat. including fiour, shipments for The
week aggregate s.'se.ss bushels, against
in the corresponding week OF 1897. -. IA
bushels in iS9s. aSa<Szs bushels In 1886 and
-,ssa. NO bushels In 1894.
slnse July ! this year the exports OF
wheat aggregate ios.s .ls2 bushels. against
uf.sa.esN bushels last year. S;eadiaess cf
prices mas been a notable feature of busi-
ns-ss tals fsii. though the natural drift
OF values has been toward higher ievsi.
VI l"a staples. ~. or less than one-half
ST. ustSASAgeSi as the result of the months
" woH, vale staples advanced and only
- uecdineN, while RS compared with De.
cemoer year ago "a staples are higher
Y are lower and II are unchanged.
BUSINESS failures during this week uun,-
lsef sss. as against sls last week. ~ in lh!s
sSS IN 1884,
Business failures In Canada FOR this week
n =. - as compared With = last week,
= IN TINS week year age, e IN 1896 50 in
1873 and 81 IN 1884,
Hradstreet's Financial Review.
bradstreet's financial review Will saw to-
morrow: s w
IT TRANSACTIONS in both stocks and bonds
Snis week nave been active and the market
shows broadening tendency. Influenced
oy investment purchasing prices In the
oond list have advanced while dividend
IsSing stocks. OF those which are expected
10 tahe tslit position. are also being alb
soFoeu 10 some extent by permanent hold
efs. Public and foreign participation ON
.he pun side renders the market as 4
whole less susceptible to professional
manipulation. but in spite of It's generally
strong tone the movement OF prices during
me week leaves the impression OF :rregu-
m ar Inc securities which ordinarily lead
me market are less prominent. and most.
or the features were supplied by special-
Ties and stocks which have held a sub
o1u!hate position. The speculative under
4.
any slight depressions seem to devotion re-
aewed buying power. London shows in
creasipg favor FOR American stocks and lfa
purchasing has been sufficiently steady To
give material aid 10 the hull side The
ease OF the money market here facilitates
buying by the public, although the fact
that stocks are being carried to an unusual
extent en- call loans does not escape stter,ss
ZION. II may be added that the activity
ana advances In 90 many w-rrice,l and
hitherto inactive stocks increases the pro-
portion OF such securities carried on mar
gin or In loans. but as yet no danger IL ap-
parentIy apprehended from that source
Inc market at large In impressed only
with the favorable foreign trade situation.
the encouraging business outlook. the
abundance OF capital seeking investment
ana the excellent earnings which railroads
are generally reporting. Actual and pos
slbie dividend payments by railroad and
Industrial companies also play a part in
sustaining the decidedly bull.sh feeling of
the market. and the more prominent opera
tors are generally active on that side or the
account. or IL they take profits IN one
part OF the list. do so TO transfer their at
tentfon 10 other stocks
The meeting OF congress seemed to pro-
duce little effect. the prevalent idea being
that Its time would be taken up with war
and colonial questions. minimizing the pos
sibili'y OF measures being considered which
might have an uufavorsb,e effect on busi-
ness and financial sentiment The presi-
dents message was favorably received and
the expected speedy signing OF the treaty
OF peace with Spain was factor In caus-
ing the very strong tone at the end OF tho
week.