The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-10-29

influence .e-.szeE. vas tie .azsno~er-e=. &
TIE rlossug If contracts By the grez. rai!rnz.
pagt.. for steel rail. rs1, gear - rs extent e
i5as. 10 r-essess II tss ssy&nc~ * pF9ce Sea
sssi q Tire largest railroad r9mpsnses Aavs f.
layse these contracts Apparently ~Ita re 1as TIA;
TIE prices C iFcn .sodac+s world relax.
The 4sc4s.aa = acc.yE he present level e psies
whose epp~rtrGitis fer s., sraarsoE Ass :a.--eace
ins. AID ~ass. trsEec Judgment n large arAl-s s
s. skflsHl. sees 'n u strengthen ,hs xs1sfs3 fAtn
fn extension n the r~rlod ~ r-osper1ty. The
large oydsr. PLACED ~ railroads all tie -canSy
fer rev frsssnf ,snt &c IRE sane conviction
TAs fa;ar. t.ra.nt ,sss a.surAe tends 70 eonts-aci
TEE tse0ry hst iron prices would ssscr Tfth those
c. eosper. .iz lead su9 oth.r nastss
The multiplying er1snc- ~ unprecedented sctlv-
f5 ard prosperity r szEiaess have cEEsed some re-
iafaaon Ct pressure asaifsi even the green IL
S'-str1ais vhscb have k~sn much ic 8isfAyor az
oosn' 81 .hs disclosures regarding The capitalization
snc E-fEDS 81 Valuation q constitueGt rpssFsn'es
Tbsrs have been so1sp{euaus examples Ct p-1ce eo}
lspss IN this class daring she seek sqt insiders
have showu inclination 70 support ths se
etles thar &c ether recsat situations # similar
kiaf aoneT EAs become easier n Interior points
da-tnS As week. and pressure nFon AaS foFk
ks:.s for usne7 IN New Yefk have consequently
te-H very firm aecssIut II the already depleted
c2a1i,lsr q hank
The ErTas-ss 81 foreign exchange. Ia spite q M
stisress - mobeY here ard ~ relaxation IL LSn.
don, COUPLED vita tie fset tia. foreign honss= hsse
beer large lenders II rnoasg al the Stock sxchaEsr
suggests -. II scurities fgT foreign hold
hRs been ss.s scale tacuzh tssTs Vas
he e-idsG.e 0s saeh trsnsf.r th~osh the ussal com
mission house chsn.ss TIE easy condition ia tie
Ion6an mooney msskst have detrxeted ttcm tie in-
f2sare q tie Nay IN South Atsic2 On the stoek
market
III. market Ter raiIrsad bonds has been active
eni broad through the seek. and prices are higher
United states nsw faurs ard old tours. Coupons.
advanced and registered tllTses and 1Fes coupons.
II TIRE BID pr.se Fisss. registered. declined
The Bank Statement.
NEW YORK. Oct. y The s,stemeu: Of the As
soeisted Bsnk Ct New YoEk city for the week end
inz oc,ober p Unexpectedly fsroTasle In its
abr ht4nr "a
raonsy had been that the banks would shos loss
Of something iae sea so cash Instead 81 this
the dec:eass less thar $50 0oo ard deposits
contracted ss'is n. ssseniGE the require
ments S,sss 80 the surplus cash ia the banks Was
sseiiet tn g s3s sS This aTsogns. small it
Ell IN e9mraFlson with the a.a excess. s s;sil tie
largest rspertea sace the opening 81 September.
T. what f4teRt The settlement reflects the actual
condition II tl- bank. cannot he determined
Certainly the known movement 81 money ever thu
PAST six dsy= has been Ia favor q New York either
CO treasury Or interior account and the sudden rise
10 cali loans Friday does not consistent under
tie circlIns'aHcsa TIE interior Is stiA drawing on
nts ceLter. and the banks have lost to the treas
arg The sSnks however. while tAey stronger
in reserve than al The einse q the previous week
have rscDUpei at the exgc1se - outstanding
sitfnents loans having ssen contracted 81 rs 500
Til. nrocess has tesr followed nr.s with hut sr;sf
iatsrmis.inn fer period ex;Fndins saes 10 iaiy
and tAe shraksge from the b..n POINT Of the year
is no less than sJs .er en on Juiy :. when loans
was only s. 90 U He. the continuous drain IN
eash .nce that tire has beer met Is easily per
ce5rsd
The eert!naascs =. this Of meeting
tranrdInaFy eenssn nd II probably nearing end. for
the normal season tor return flow - Money i. A.
hand II the hsns averages correct. tire crop
demand IL over. bWt there Is nothns more sub
stsatial ~ which - base statement than that
his SetaSH6 hAs ended
The truth 4 ths matter IL that conditions this
widely different fron previous years that
= comparison ia almost impossible The interior
banks unusually stroag IN cash and while New
York Is she leaning .Cs1ter the supplies ~ money
for the purpose forth eomng demand ~
tions whieh, ~ 20 this y.Rr have entered into
competition with TIRE N.w York institutions While
New Sork shows unparalleled falling - In loans
ehteal national h&uk Hgirss prove that the volume
II leans the country ia larger than ever.
The seesly hank s,atsruent.