The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-09-12
Total Sales.

Total sales of stocks today were 300 100
shares. Including:
Atchison preferred Observation-Disclosures. 3.9is
Chicago. Burlington & Quincy ....... 1871
Manhattan -.-...-.- Observation-Disclosures. t,i1t
metropolitan -....-... ....-.-.........-. a,pD
Hawaiian Commercial .............. g. ~
Northern Pacific ..................... 4e>o
Northern Pacific preferred ...........- IL 2a9
Rock Island 40
Lnion PACING .---.-.---.-.---.-'--.-.-. .,'-o
st Paul .............'-.-. = No
Union Pacific preferred ................ 7150
Tobacco ..-....-... Observation-Disclosures. 800
Peoples Gas q az az
Leather preferred -...-...........-..... 4s.e
The Bank Statement.
surplus reserve, decrease .-.......s .,9li2,5
Loans decrease ..-*...-.'...-...'.. ,, - ~
Specie. decrease Observation-Disclosures. 1861 MO
Legal tenders, decrease ...--....... 2.a24 40
Deposits, decrease ..--....-........ aJ,Si., 40
cirf , IL ton, ircTsaI bo,3 = M * =, S $50
OF the requirements of the . per cent. rule.
The Financier says: The surplus re-
serves OF the New York associated banks
are now lower than at any time since the
The surplus depressed 10 something like
8. 20@.1p. but call money then HaS at pro
hihitive figures and Imports Of gold fol
an Interior demand which has averaged In
past seasons over So. 90 90. with the treas
ury absorbing additional millions each
expanding in every direction. money is
loariug a per cent. although the fact
OF the matter is that the banks have little.
# any. money TO loan. The excess reserve
Of the New York banks Is in the hands Of
4 few institutions.
The majority Of the banks are loaned
up 10 and beyond the required. limit. The
statement OF the current week l. about
what was anticipated The treasury took
81 -. 80 from the banks or bond account,
and tae loss - the interior Is between one
ara two millions.
The clearing house reports make the
less Of cash about slS.@o.6'o. The decrease
In deposits reached the unusual large sum
of 81. X, 7et. which was due to the cash
contraction noted ard the falling OF 90
ses,s 20 IN hams II ~ 10 be noted that
rad the harks not called n outstanding
ticsIly disappeared. The present financial
situation IS anomalous. The country never
had so much money, bat II is distributed
80 trat Il Is unavailable fcy USE and X ia
needed no~ more than ever
The treasury. = Is true. by anticipating
interest ana maturity o. bor.ls = exhaust
icE every resource 70 restore 70 circulation
Is !ils funds. bat the effects 81 THE policy
are rot yet apparent. As she circumstances
which have brought about an uuprece Dent
81 condition are ap; % continue fcr some
time. the hanks up g this tir~s. have dis
Outraged the idea u strirEencE IL money.
hur .incez some rcl,ef Is ss-sAediiv obtained
x - difficult 10 see how present rates can
long prevail. TIE promised increase in
s
ara viii pr0as 5ly come. * has been the
c7Ss }s pas. years. after :he rea. demand
far = has passed A matters stand today
= continued contraction IN lCans Aita re-
sultan. quotations fs>er,s Inevitable.
General Quotations.
T-3our-R~ceipts. @7.--s barrels exports
. rs barrels. market ili, but fairly steady
Wheat Receipts. 20, - bushels. exports
20 "a bushels. SPOT. st@@f". options oreyl-
e,l steady On foreign buying and higher
cables then followed sharp break mfr
e~~-: ~ foreign prices NoYti1 western re-
1.$ and unloading - Fridays buyers;
,Iasel weak a t4alc re; decline. Ne I'd
May. Cjoeed al s7a4c: september. g.: De
Wooi-F,sece. I7az3c: Texas. lza!-c.
TC-<- Pacific coast lss~ crop. il0i1c.
Cs~e@-ftpfiors opeUea barely steady 4 ri
unchanged 20 : points lower. sajes = No
taEs including: September 8 SO. Dsc~Fr-
~ : 1eC. spot RIO daH- No. :. invoice
- N :. j553lng- Szsc. mid, quiet. Cor
aova >f515c
Saear-Raw. strong: ta.r -eanlg,s. 1926
sise~- ce~,Tifiasi = teSt. "a; refined
s,ea3y: graduated 5s4c. cut loaf. !5-isc.
Metals,
Pzr i-oa-yr arrants Northern. sl9gli51.
<'nu;~er-I.2ks. 81.
TSn-c7liet.