The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-09-29

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isftss NAsnaftoa vbsrh sivsys fstiovs Q p~vsoa a
seusnI activity n the ssork nsskst asA limited
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sornevkss the 1srai prsssu,s uysa the meay maytss
MANY ~tdey ,aryfns essisssses sp bssrd also Il the
sSers ~ sspsnditrsss hy cswes DAY visitors % the
torai nrsey suppsy. H.s - 20 ne main esusss q
the depissin q bsnhaaG rsseyvss u 10 manifest that
he nssds y she interior fcs MONEY 70 move The
Neither h sny cessation a the absorption Il the
nonsy b. the tsssswr5 In sight - ts epsUumnfs
~ ans. s,s ns- r,n.ss zen 1na.s ssssYs
September and The July dsEeft Is snose than vtped
ont leaving . CROWNS surplus the nseai PEAR
an IN. gid csvtAsss~s Witch have been svsiiabis
81 The Nsv Yosh sub-sFpasur, hut, shsss simply
served 70 convert the Rid ~ New fsk bsshs intc
button has ausensed rstss YsthsY than relieved the
drain New Yosk barts
Many Of shs clearing house Institutions started
the veet with their cash resefves under the legal
linh and. With additional demands upou them thsre
hes been further calling ~ loans The stock marhst
hes ben unprgsrd 70 move Upward under these
circumstances. But n hes shown signs u rusissance
20 decline also which made the bssr var u
asdins stochs. IL evident that the ssnrks are
s,'. Sodn ~ s.s .sd -. .s -, Is.s,
haze been shaken down upon more solid founda-
tcn Stocks with intrinsic merit wsrp taken Of such
ordinary market rssoarrss None n these ~providsd
themselves With funds on time TO answer bAose the
prs.enf strtnssncy ss IN and have handsoms psoAt
available now ~ Seinanfne can
No small part n cuyrsnt trAnsasfious IN meney ~
q this character and naturally 40 not Affect the
shovtng a ths beats 1t sil There have bssn several
mnntA'y reports BY great rsi~ay syvteus during the
week. showing extraordinary favorable results and
reports a weekly gycss earnings show the high levi
veil mainfained The rrsnsraal devssoemeuss caussd
Init iHh q ~ Qn~aI ~&>-k
Weekly Bank Statement.
The statsment q the New Yosk clearing house
banks, tssned Thursday, September .. covsfs the
svencs operations fs~ the preceding fous DAY. only
The showing ~ not favorable but pgospects indicate
that the current s1hfbit will be the last to convey
evidences as the liquidation which has been
NAKED aesture o. the situation since the opening a
June. The main feature Of the statement Il the ioss
q u. 90 80 10 cash. mostly In the form Of IsgaI..
The known business u the week 20 date did not
met the contrsctou In large part By Decreasing their
loans The loss IN that item having bsen 0.Ys2 100
Deposits show loss of t3.z sao. which 10 rather
fos. bat As contraction ,sssus1 r.s.s,s ;, over
c.o@ 90 and the remainder. OF n. 10. came out
a tho surplus reserve: bringing the excess cssh In
The nsxt statement Il the banks yin not appear
until October .. and the ensuing nine o. ten dam
wfn probably make fos improvements, 20 far a. tbs
New YUk banks arc concerned A. . result Of the
holidays In New Yosk amount of money not easy
10 calculate win cons into the banks here sBA Willis
this 70 an uncertain and Temporary factor there 10
no question that IL effect viii be 20 increase the
current supplies of cash The sold engaged for TIM
port VIII not arrive In ttms 20 figure in the NEXT
statement. bat the imposts and the rising national
bank circwatiou figures show At least the general
trend a the situation and what may be sxpeetrd
In tbs near future. The demands for remittance
20 the intsrier are not Increasing and while interior
banks have doubtsas loaned heavily here II is not
sapscted thsse funds viii orerSts TO the dsadvAnt
:ss q local Institutions once the pressure Is
A. about this seasen svsfy rear reserves In New
I@k begin TO recuperste and II IA only natural to
look for the usual from this time on Unless
al signs fail thsrsfors Il may be sst down that the
critical point In the fall money movcmsut has been
westhersd This doss not moan necessarily that
money rates VIII sthhs IN Exceptionally Low rate
Soon
Money aaA Exchange.
Money On call easier, ss1t per cent last loans .
Pr cent prime mercantile paper. stse per cent
sterling exehanss hsavy With actual business in
banker bills st NotAs.St for demand and 1t
Wsltst ~ for sixty dayS; posted rates g. s2<xA a
and = sat s! commercial bills q sos sivsr ccr>
tihestes sAsde: bar silver. 0Sc. Mexican dollars
Gic Government bonds. weHk: state bonds mac.
tive: railroad bonds. irregular