The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-05-29

imported for easvsa nnonths. t. On e
0lA&.8 - for the week. Sn1tng Nay y nav-
Ing sveised the total 70 g. $500 TIE
feature q The snrrsnt exhihlt 2 sne re-
tractien Of H4<e.0e In depCsttA Reserve
rsoutrements By reason Of the heavy d.
paesf change we're rpdceed ~ 0&0A
and over and above this, addeA TO H.
:, - 40 gain in cash, raised the sxcees
FUNDS In banks more than &.0AeA Tax
tnS the known operations u the week -
.s e = PAN :, me 8. 81
movements. bat this II misleading. The
National City bank. for instance which
figures prcsntnensiy In the statement. ~
cash. nearly ali In goid- Its loans are
down SIS atp. aoe and deposits nearly q. aQ0.-
s8s This Is probably due IA part 20 cp-
sss scnns..sa With the nnsnssnS -
The tntersastEg feature disclosed by such
an analysis Is that. whereas the hAnks
AZ whole have gained enormously the
lions DO not vary much from those OF
the previous week. In other words. tho
gain in cash has been made by q few
bar, hanks ,s, Il Is insorrse' ho.sssr. to g.: :ss
supply OF money held by nearly every
financial institution ia New York 10 much
IN excess OF the demand. Considered
lenged period Of easy rates. One factor
which Is attracting some attention il
the condition OF the sterliag exchange
ne pn e an.y hs sn.. ana
falling Ia rates. international credits cam
not be operated to advantage and actual
exports of gold may follow. The only
thing thar can well prevent such IN oe-
cnrrence IL the maintenance Of money
here at someshing above the level pre-
vaiIing abroad.
largely en- = revival In speculative activ-
i,y. IL Is certain, however. that for every
dollar of gold which may be lost this
season great number will Be gained
from Europe Ia the fall.
Exports an1 Imports.
Exports OF gold and silver in this port
to all countries for the week aGgre3ate
3. o...B silver bars AMI coin. and $7s0sst
gold
The total sales of stocks today amounted
AZ gold and si5sNs silver.
General Quotations.
Ffour-Receipts. 1920: exports. Asoo:
do siraishts. H.ss6s.1: do extras. e 10
ale: low srsdes: 2 Sol s.; Ai.nesosA pat
wheat-Receipts. 2E.iio hushels; ex-
ports. l547: spot steady. No. red, ono
spot and to arrive, {. O.. b. afoat. Ne. /?
o. b. ahoat To arrive Options opened
ceipts and lower EngIieh cables. Later
they rallied on covering. particularly
among May shorts, closing that option
&c higher against &c decline In other
months. and the general tone steady.
May. s1isilS2c, closed SC: July. Dk0eN6c.
closed S6asc: September. 7sX979c. closed
&c: December 19N97y4tc. closed 79A<c.
Hops-Steady: state to common choice,
1895 crop 657c; 1887 crop. ll6l3c: 1855 crop,
ledi7c: Pacific coast. 1875 crop. e07c: III
crop. it0isc: 1885 crop. i76ltc.
Hides-Steady. Galveston. 0@8 lbs. 1eai
617c; Texas. dry. 2t63o lbs. l3,<0l4c; Calf
fornfa. nG2S lbs, lS1sc.
Wool-Steady. domestic fleece. 1S62c:
Texas. l26f5c.
Petroleum-F'trm: refined. New York.
81. 10: Philadelphia. E.15
Coffee-0ptions closed easy. unchanged
to 10 points lower. Sales. II, 500 bags. In
Guiding May. 4s5c: June. Asec; July. a00c;
September, Size: October 5M0S Sc No
vember, S 306s &c. December. 5spc:
January. a55c: March. 5.SSc- Spot coffee,
Rio dull and easy. No. invoice. ekc:
No. jobber, SIC: mild quiet: Cordova.
Szf13c-
sugar--Raw quiet and steady: fair re-
fining &c: centrifugal IS test, &C: mo-
iasses sugar &c. Refined firm.
Metals.
The brokers' price for lead Is AA, and
for copper SIS 2S01s.50.
The metal exchange issued no report
today.
CHlCA AGO MARKETS.