The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-05-05
HEAVY BANK clElR|kS.
D10 1xCUEAsES. PARTICULARLY N
TuE MIDDLE STATES.
RorDaason 81 Tywsss ana wide
epseoA Busgness Activity the
neaeon--A Gaia ~ 00-S Per Cenf.
Over oaae meath Last YeaS.

NEW YORK. May A-Bradstreet's OF
May VIII say:
Widespread business activity and heavy
FINANCIAL transactions resulting from or
consequent upon the large number OF IN
duserfAi combinations planned or executed
during the month Of April seem Ia have
been largely responsible 70. the heavy
bank ciearfnss reported for that month,
because stock speculation WAS rather
quieter than in March or the preceding
months April eiearsnxs. In fact, deserve
special notice because. though they were
smaller by per cent. than the aggregate
Of March. this was owing chiefly 10 the
smaller number % business days In the
month. because the average daily clear
anees were heavier than the like average
for the month of March. In percentage OF
gain too the increase shown ever April
q year ago was the heaviest noted this
year and the result ~ a further enlarge
rnent Of the gain reported for the calendar
year over recent preceding persods
The aggregate bank ciesrtngs for the
month Just closed were p. -. 3soss. a gain
Of SIS per cent over April one year ago.
IN increase OF Zoe per cent. over the
month Of April. 1897: a gain Of y per cent.
over the corresponding month In 1884. and
an Increase OF 90 per cent. over the like
period OF 1sSz.
The heavy gain for April compares with
an Increase Of s4Ls per cent during the
month Of March. OF z7 per cent In Feb
ruary. and as per cent I'm January over
corresponding periods OF las, year.
Relatively the best showing for April.
as indeed for many preceding months, was
that made by the Middle states group OF
cities. In that section the increase report
ed over April . year ago was in excess OF
6s per cent, the next heaviest gain being
that reported by the New England cities,
~ per cent.
Other considerable gains are those OF 2
per cent Ia the Southern cities. i27 per
cent In the Western group. and ils in the
Northwestern As Or some time past. the
gains In the Southwest and the far West
ern groups have been comparatively mod
crate, but even here the Increases have
ranged from 6 to per cent.
rather better showing In naturally
made by the Individual cities than was re-
ported In March. The gain at New York
u heavier than IL was In that month last
year y per cent. I'm April. against q per
cent. In March. and the increase In the
rest OF the country In April was 49, per
cent, against II per cent in March. In the
Southern group the large gain by Baiu-
more. Il per cent, IN largely accountable
for the Increase In that group as a whole.
although fewer Southern cities show de-
creases than in March. In the West the
heavy decrease reported by Omaha, - per
cent, due TO the withdrawal OF some bank
csaarings from current totals. IL a notable
feature Bostons cieaTings In April were
very heavy. and the gain over year ago.
81 per cent. IL IA notable one. The gain
shown by Philadelphia equals this. how
ever. Chicago shows a gain OF las per
cent. over year ago Activity in the
iron trade il reflected by the gain OF u
per cent. ut Pf,tsbarg. st. Louis shows Il
gain OF u per cent, as does San Fran
cisco.
For the four months period Of the CAL
endar year the ciearlngs aggregate t22 to5-
AT sG5. a gain OF 49, per cent. over 1898:
Of per cent over 1897: OF 100 per cent.
over 1894. and 81 ~ per cent. over 1892
In the four months compilation. as In
that for April the Middle states group.
containing the metropolis, shows the heay-
lest increase. ga per cent. The gain In
New England IL over = per cent. while
the increases in the Northwest and South
exceed % per cent. In each case. The gain
I'm the far West for the four months close
" approximates that shown for April. 81
per cent, while that Of the Southwest Is
also a moderate one OF So per cent.
Canadian bank ciesrings for April were
smaller than those OF March. The clear
aggregate tiss .s5s.s "a. an increase 81 - per
cent, compared with gain Of only per
cent IN March. ar i,ss than per cent
In February. and less than 10 per cent
In January. while for the four months the
clearfngs aggregate stsi. sii ,ss. an increase
OF s.5 per cent.