The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-02-26

by the ability 10 deliver orders. The de-
iisiad Tor iron and steel at the West snll
continues sarge- and prices are nrEn 4
feature OF Cnicago trade has been the
placing OF an order for see tons of steel
ralls tor = railroad III Alaska.
Almost equally good reports come from
me Northwest. where trade Is reported
slAher iuliy equal TO or ahead OF last year.
Inc South seems 10 have shared In the
Improvement 20 notable extent.
Inc WORD hiondike accurately pictures
the SITUATION on the Pacific coast. All
eyes appear TO be fixed on the Quitting
trade and the transportation OF men and
supplies 10 the kloa6ike.
exports Or wheat tfiour trclgdedo from
this country and Canada during the past
week tive days. aggregate ;. -. 4ss bush
eiS. against S.s32. IA bushels last week.
els in 1855. ..2oS aSS bushels in 1886. and
-s.s.-So bushels in 1894.
Corn exports amount 70 S.eae 7Se bushels,
against ouSs,as5 bushels last week, 4,1&., 40
IN this week IA year ago. 3,l5SSls IN 1895.
and A7.0co bushels in lNS
n very large drop in the number of bust
ness failures ia indicated by reports TO
tbracstrsets this Week. the total number
IN the corresponding week Of 1891, FL in
1886. sSt in 1895 and 30 In 1924
Business failures in the Dominion Of
Canada this week number Is, against IS
last week. 80 III this week q year ago, 81
In 1896 and "A in 1895.
Bradxtreets Financial Review
Bradstree,'s financial review tomorrow
Will say: Under the influence OF the Maine
disaster the stock market was unsettled
at the end of last week. Liquidation con-
tinued on Monday. the holiday Oh the sue
ceeding day creating desire TO curtail
engagements. On Wednesday, in the face
OF heavy buying by London, the market
showed increased weakness and Hlulda-
tton tendencies, and continued this course
on Thursday, breaking With some vio-
lence- The hardening OF interest under
the WITHDRAWALS OF money for use in bush
ness at the interior, and the consequent
reduction Of the cheap call and time loans
added 20 the unsettled feeling, and the
ealing IN OF loans was among the chief
cistarhlng factors. London Was again a
large buyer at the breaks. its total pur-
chaSes in the TWO days being estimated
at over 10000 shares, though this WAS
considered 10 be mainly speculative and
likely TO result in selling on the rally
which foreign operators believed would
ensue. Some large interests were pur-
chasers Of the specialtieS. such activity
being prominent in the Vanderbilt stocks.
the Peoples Gas and Rock Island and in
the PaciticS and Kansas n Texas.
The bear party were, however. very
active IN the progress against decline, and
Were rewarded with the forcing out of a
large amount of long stocks through the
exhaustion of margins and the catching
OF stop loss orders.
Throughout the week the traction stocks
and Sugar were especially unsteady and
ready to yield. indicating both that the
prices for them had been put 70 an unduly
high level and that their rise had attract
ed considerable weak bGylng. RumoTs
of all kinds regarding alleged discoveries
about the loss of the Maine and the prob
able effect on our relations with Spain had
free circulation, and the market was too
demoralized on Thursday TO take notice
OF favorable circumstances. such as the
drop in exchange rates in response to the
advance In money here and the accom-
panying possibility that any further rise
in interest here would have the effect of
attracting gold from the other side OF
the Atlantic
Bank CIearings.
The following table. compiled by Brad
street, shows the bank clearings at eighty
seven cities for the week ended February
% with the percentage OF increase and de-
crease, as compared with the correspond