The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-12-17

mess Higher prices Of car material are
reported. while the production Of raw ma
too, contributes its portion 20 the iron
trade by its urgent calls for material
II other Lines OF business re situation as
assaras prices i a tavorseae one. notable
ameng the advances reported being nearly
az the CEREALS. cotton. coHee, lumber. cop
per. lead. and variety o. ether less prom
inent staples, Following the susA, recess
sion SHOWN In wheat values Of last week.
an improved demand for export has again
developed. which is evidence Of the fact
that stories Of keen competition from Ar
discounted. the United States remaining A.
for some time past. the principal source Of
supply OF the world. Increased interest is
being taken in cotton ut the advanced
price. Seasonahle auietnees il reported in
the lumber trade. bat prices retain al their
cid strength. and good demand u hooked
Tor with the turn OF the year. Holiday
trade is reported extremely active At most
markets. The countrys export trade IS
OF the largest volume ever known that for
November SURPRISING the total for Decem-
Ing total trade for the calendar year at
least one-s!xth larger than year ago. and
cur sales abroad aggrega'!ng two dollars
for every dollars worth We buy
Wheat. including -four. shipments for the
week aggregate soS1. s3S bushels, Portland,
Me. not received. against SSss.ess bushels
sass week .s4sss spsss i. n the csrrs-
lSo. and ass. s3s bushels In 1894. since July
! This year the exports Of wheat axgre-
gate ieos3,laa bushels. against llS.S0a. es7
bushels last year
business failures are about normal. num-
oerlns IS for The week. against - last
week rs in this week a year ago, $50 In
ny. ~ IN 1926 and 20 In 1894
business failures FOR the week in the
DOMINION Of Canada number 50, against -
~. ~. week. IS IN this week n year ago. 50 In
1876. " IN 1893. and "a in 1884,
bradstreet's Financial Review.
NEW YORK Dec. 1s--Brads,reet's
financial rayiew tomorrow will say:
An enorm ous aggregate W transactions
IN .oth bonds and stocks. with an unusual
Wide range in the variety OF securities
Traded IN. have been accompanied this
Week by advances which carried r,rSc,as
Tor a majority of the stock exchaner Mats
10 the highest level OF the year While
large speculative interests have hsen ac-
Ing. the most conspicuous developnents
Were the large influx OF public purchasing
and the equally marked buying for Euro
pean account, accompanied by activity
ana advances in the American department
OF the London market. In many respects
the movement was calculated to brlng 20
mind the so-called BOOM of 1873 So the
more 80 because in both cases a series OF
exceptionally large credit balances In the
foreign trade of the United States, accom-
panied by an expansion Of general buS-
ness and decidedly favorable results an
regards railroad earnings and dividends
furnish the basis for speculative confidence
In the present case, however. tho cond:-
tons, both IN these respects and In regard
10 the accumulated capital Of tho country.
are deemed 80 superior TO those upon
which previous demonstrations OF conf
dencc were based that some OF the most
prominent individual interests In Wall
street are emphatic tn declaring that prices
VIII De carried TO a much higher level
Such views. in fact. dnd general credence
In financial circles. but AT tho same time
the market, after a remarkable exhibition
} In sh.a I'll -
the week. presented the symptoms of a
heavy realizing OF profits by professional
interests, which to a considerable extent
checked the advance IN parts OF the list
In which the upward movement had been
pronounced and diminished the volume OF
trade TO n considerable extent.
Bank C1eariaRs.
The following table. compiled by Brad
street. shows the hank clearings for the
week ended December Is. with the per-
centage of increase and decrea se az COM
pared with the corresponding week last
year: