The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-01-16

vestmsnt houses reearted that their
books were Alied up with orders for
prime lens. and although Issues of this
safes the aa<orptiye power cf the market
prevented any shading IN prices
e. s. = advanced i. ard tie - and TIE
rev = y III the bid price
L. s = coupon declined =. DO regis
TIE hank Statement
Bank surplus reserve increase ~ . se
Leans Increased ...-.----.--. @.es->ss
Speeae, increased .-..--....-. 800
Legal tender. Increased :. -.--i. Va
DospstS. Increased =. ...--.s-~,~. 500.
Circulation. decreased ....-....- ~ lN
The banks aoa1 g. -. sc In excess OF
the requirements Of the - per cent Tuis.
The FfnazcESr says.
In the face Of continued demand for
funds. the Ssx York banks are gaining
cash and adding TO Eaesr reserves II large
amounts II bad been anticipated tAat the
banks would show 3 gain - result OF
the past six days business. but The net
increase WAS much lager than earlier
calculations ca..si for The steady gain
in specie reflects ccnsirsuei receipts not
only from the West. but from other Points
as Well In fact the gain is exclusively
from outside shipments since present OPP
erGtsoEs vita the treasury are resulting
Ia weezsy losses to the New York banks.
TIE expansion In loans. coming after The
decrease ~ the week ending January ). Is
only Logical Stock dealings are in sach
lateral Is vesaining the activity noted dur
Ing the Close OF the year. 1t Il act yEo5sA-
bic that the loans represent sterling op-
eratsons as under the present ''ircuna-
stances liquidation Is more IN order than
expansion The heavy cash recelpts
coupled with the loan increase are re-
sponsAne for the addition of nearly s.
Ust.sss To the deposit aecouR. and as in
creased reserve requirements necessitatesl
an a4ditlc. u more than tao AMI quar-
ter millions TO that fund, the gain IN ex-
cess cash was only 81, -. 9oa. The surplus
reserve is now -. 20 .Js5, al amount larger
than has been reported since August ~
last, when reserves were $4,000 less
and loans nearly sts.no,o1o below present
totals As the movement toward New
York is likely to add heavily 20 the a.
ready Idle cash here IL Is only natural 10
anticipate an easy money market for a
long time 10 come, accompanied by con-
!insed stock exchange transactions, on
larger scale. OF course unforeseen cash
may operate 10 check@this activity now SO
prominent. but events seem to fayor in
definite expansion. With money abroad
approaching cur OWN level. gold imports
talk has subsidized Il IS an interesting
commentary on present conditions 10 note
that the clearing house banks while maxi
Ing Few records from week To week in
e-earings and everything else have yet
more idle money to take care Of than they
themselves like 10 seq.
bonds.
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fouTs. reg ..-.ltiAl Fours -. .....lD
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ros. rs 49, SO rnFtes -. -. S'ss
fssss. eoslD ..iizls NC. & Sal 1851.
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ID. & h @. lists ffsis St Paul Con .isI
r, Fonrs .i0,ssst; PC. 4 PIsts-lls
Erie Gen, IS :. ssss. {. Non-Fund. =
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u. H. & >. A 6s.i97 Tenn new set Is ssI
Seconds 49,. .i03 T. p l.. G.. lists .Insss
n Zen ss.llo Reg Ids ,...... AS
Con. s. ...,....uI tfIrson rac. 4s =. :.
Iowa C. lists ...lio EU.P.D e. G.Ists 81
la New Con Is log wabash isi SIS ..1isi.
L. Il n. Uni. H.. $50 Seconds 80. :. 81
missouri ss -. .loo West Shore ~ liz
No, X. & T. 2ss e9a4iEa. Centuries :. IS
Fours -. a3asi Deferred >. -.
Colo South. ~ WIS. Cen. lists 62is
Stocks-Raiiroads.
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Chi. r. Il o f23sx Ont t. West 9S,ss
cai. q r III So lor, Rail. & Nov. 5,sa
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fFsterrei 80 Pacific Coast -.
tai, * n Nesf-ls2Sal LIST preferred =. ).
freleffed :. ,iss "a preferred -. s.13
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preferred =. u tRe$ding -. ZS5s
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i3eL, l. & w ..i3thsi-t l. & y +. ga
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Preferred % q preferred -. 3sia
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lst preferred 3,ls, Preferred =. 9A~
or " aShs .---.ss ~: Fa1i .-.'t12as
Hooking Val gizist pau a on, q-r.