The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-12-03

new commission IA Slightly higher quota
tons. TIE boo. 6rs s-oe situation has
been improves by the severe weather late
" experienced. as has the outlook for rub
eser goods. Leather Is stssdser ard hides
are higher. an unusual feature al TINS ufas
o. year. The recent advance in raw sugar
APPEARS 70 have eliminated this week. and
q sslgnt reaetscA Is shown on reports tnas
beet sugar imports from Europe are likely
20 heavily Increase Refined Is firm. No
vessaeer business having been very heavy;
Ehe advent az winter weather has tended
10 reduce Tire demand Cor building lumber.
winch. in some markets, particularly the
East. was depressed during the summer
because u TIE Inactivity in building.
rather better tone IL, however row report
81. ard the opening CT the new year IL
awaited with confidence Recent advances
IN prices in pine and spruce lumber are
well maintained, stocks ~ dealers hands
are not AZ all heavy. and advices both from,
the yellow pine and cypress producing Sec
lions - the South and the white pine mar
sets of the Nerth and Northwest are that
heavy output has been. rs rule. salts
fact0rily handled The hardwood situation
maintains ali NJ the strength previously
noted, TIE domestic woodworking demand
IS steadily increasing and prices. as a
whole, are considerably higher than they
were Al The opening ~ the year.
The general jobe;rg trade has been rather
smaller than usual al this time Of year.
and severe storms in the East have hurt
distribution. bat the demand for holiday
goods i Of an encouraging volume and
promises well
Business failures are Of 10 small volume.
numbering IL for The week, against lss
last week 80 in 1885,. $50 in 1885, 5i5 in
1884. and So in 1894
Wheat. Including -four, shipments FOR the
week aggregate 7.4SS $40 bushels. against
5S94 20 bushels last week s. 1875 80 bushels
in the corresponding week Of 1897 1sS,I50
S.oll5de bushels In 1894 Since July /, this
wear. the exports Of wheat aggregate o.
lss-li2 bushels. against i0G.9Ss.Sss bushels
last year.
Brndstreet's Financial Review.
Bradstreets financial review tomorrow
More than the customary amount of at.
ientien has been paid this week TO foreign
anatrs, and speculation. while displaying
huliish tendencies have been more or less
irregular in its actual course. The local
professional element had been ranged on
the bull side in anticipation of an agree
ment by the Spanish commissioners 10 The
American peace conditions. The reallza-
tion Of this belief on last Monday found the
traders generally disposed 10 take profits
ana 10 work for reaction.
London, however. was a large purchaser
of our stocks and support from that quar-
l lsf cneehed the recession IN prieet; AN an
Medn ms Yah M the taking "a 81 M 20
shipment 10 New York accompanying 4
withdrawal of over S25o1.H0 for Berlin.
brought about a sharp rise. In the London
10 change their speculative attitude and
become sellers Of our stocks. Berlin was
credited with being largely responsible FOR
this movement. particularly in connection
with the Pacific stocks and Tor a short
time somewhat exaggerated view of the
financial and speculative conditions at the
German capital passed current IN Wall
street. On Thursday, however. the stua-
ton abroad became more settled. No adj
vance took place. as was feared might he
the case in the Bank of England discount
rate. while the rise of money in London
and OF exchange rates here seemed To al
lay the fear Of heavy gold Withdrawals 10
this country.
London. therefore purchase some Of the
stocks which 1t sold on the preceding day
and the market here displayed \ renewed
bullish tone, although the industfia,s.
rather than the railway share list, We're
mainly benefited 10y the improv ement IN
speculative sentiment.
hank tIearinHs.
The following table. complied by Bral-
street. shows the bank clearngs at the
following cities for the week ended Decem-
Der ,. with the percentage of increase and
decrease, as compared with the correspond
ing week last year.
In