The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-02-18

domestic demand IS Sufficient 70 keep
them f&slay employed. SAigosIs3:gGg x like
iy % - very active. and rrrees1oa - this
demand Is toVad n she urgent aseasry fer
steel plates ~ a nur1bsr * csmsers While
The demand Tor An1 movement - 32raDer
has hse-s irtesfere3 with. the strength -
P-fres IL lu1usf sSs.red
Wheat. Including fiaar. shipments Ter
tae week aggregate G@&,ssS bushels
against 5. Ne ia bushels last week. $50 u
e@sA%5s n Tie segTespoudIFg wees ~ @Ss>.
- bushels IN 49,, $,Iss.a11 bushels "A
ISIS ard = &N So bushels n tSs& Snc-
jay I this ssAsnn the exports q er'lsas
AGETsEate - a. so bushels, against lS-.-
49, iaST yeSr.
Fs@.slus<s failures show a decrease. NUM-
crrsBG only leo f2r tie week. 2s&5Ast -
last week ~ 4 year age, - ia 1871 IS
~ lSS and - n 100,
Failures in Canada fer she week nurs-
Der o1ly % against - B week $40. - III
-ssS : IL iSa7 and = IN ~
srsdstr~et's Financial Review.
HradstreegS financial review toEasosrow
VIII say
R@opemlns On Tuesday after IL three--
DAYS recess, 80 tn1 naA @ia1 railroad
ess.l4zTs Er.Sca1toaS interrupted ~ storm attd
tae attendance IA Na&s street seriously
re<tGCsa. the stock market developed Sn-
expected strength This &0 last. G1u1in~
Ue1 - e its cAaes feaxUrn throughout the
resi- ~ lie we@S. tAoUS2 tae tvtAi trans
actions were rather 2c39g tao resent lew
81, aid there Was 2t uEst many more oNi-
1euceS Of professional tAs.a q puzzle sap
port M&Fe Gr svSS SaITlIsA1ss}2 I@h$s
purchasing 6Gtg4GtEl @lfAi& The -aSt
day oT 50 by Il. steaat0VSs and Advanc~
4us quotations, pit Iae aaaxArt As a whole
BAD the appearance of following ne lead
" :nsalpUlatQrs IA a greater extent than
n@S bVeu Witnessed since last ~4utaIa1}-
Ihe interest ~ k6e street was conferred
mainly on 4 few stocks IN wagca Influence
ot the Kind Just referred 70 MAS c9DSp4C8~
GUS burlington SeluA tie princ3p 1tis&-
turv. while the Paclacs and some others
came IN for more OF less attention ~ IA
similar character. There wers few aeNSs-
opmeGts calculated TO influence sp.SUGa-
ton ktsznOrs were. however. plentiful.
and had much 70 30 with the mo N$fl3cnt
IN TIE active securities. There MAS a dr.
c3Gc3 disposition 80 accept AAE Estf@tAu4o
intelligence or views. and the street APP
p9renSiy made up is rniad TO disregard
any adverse incidents such aS me inIeT-
gApuon az general business and railroad
traihc by TIE storm, or tac damage " ulch
IL may have done IN the SouGh or other
sections ON the other hand. u seemed
10 h~ accepted proved fact that the
uqGtdaaoGs az weak speculative az
counts that had been in progress S1nce
the latter part OF January had exhaust
Ell Itself. and that the continued ease Of
money VAS calculated to cause renewed
purchases, even II the investment demand
had been largely satisfied. Total sales
OK our securities have slaV keEGd largely. Il
would seen. because tiir supply - eS-
hausted. hUt every Incoming steamship
stun brings large conSlgnmeHts ~ secUg-
tiles. principally az siiNsdend-pAyiugs stocks
standing iii the names o; foreign invest
oTs. THIS mass 81 securities adds IL tGe
floating supply IN Wall street and causes
Increased borrowing, but no effect either
Oh TIE abundance Of supplies ut money
or GA the current rates az interest can
be- observed. IN fact, the disposition
which existed IN some quarters 20 look
on q tightening OF the financial situation
as among the possibilities 90 the iume-
date future has measarably suosided.
InfaEoFabie comment * naturally heard
regarding the rapidtty with which new In
oustrlal combinations are formed, and tho
vast increase In the amount az securities
% such concerns. IL seems. however. that
the conservative way in which they are
treated in financial circles tends to les
sen any danger from that source and
speculation in them Is largely confined 10
outright purchases az the securities.
Good railroad earnings continue 20 he
the rule, and the street has been eucour-
aged 10 lock for some extremely favor
able results IN regard to the net earn
ings. as an effect Of the present malnteu-
Ance of rates and the adherence ~ tho
companies 10 established tariffs.
The principal speculative Influences Of
the week have thus been buiiish and
though some Of the leaders are inactive
the interests which took il position on
among the smaller professionals and the
large section % the public which the re-
cent strength Of tina market has brought
permanently. ii would appear, hack into
Wall street.
Baak CIearinEs.
The following table. complied by Rraa-
street, shows the baak clearings a all the
principal cities FOL the week ended F'ehrl-
ary is. with The percentage u increase and