The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-10-14

esptsmbsr I, 1879, Seattle ranked thirty
efrbfh among the cities Of the United
Htatea in the amount OF Its bank clear
ingH.
September ], 1900, Seattle had risen TO
thirty third position and was pressing
close for higher rank with every indica-
ton that the record for the year will
show less than thirty cities In the United
States doing a larger business.
Tho cities that have been passed by Sc
attic are all prosperous communities and,
with one exception. their clearings have
bssn steadily increasing. A year ago
Rochester, ~. r., showed clearings over
30 100000 greater than Seattle. but It Is
now more than that amount in the rear.
The ciearlngs OF Springfield. Mass. have
this year shown q decrease and instead OF
being ahead Of Seattle the volume of BUSH
ness in that city has dropped until II Is
only about half as great. Peoria. I'LL /,
made a record in tho nrst eight months
Of INST year 100000 greater than Seattle:
Toledo, o.. had an advantage of $1,000
00o Salt Lake City was si4.oo0.ooo ahead;
but they have all dropped back until To-
ledo, the one closest up, Is more than
$4,000 behind
washington, d. c.: Hartford. Conn.
and Memphis, Tenn. will certainly be
passed by Seattle before the end OF tho
and several other large cities are now
within reaching distance and probably
will also stand lower than Seattle In the
years record.
Tho September issue Of the Monthly
Summary Of Commerce and Finance Of
the United States issued by the govern
ment bureau OF statistics. which has just
been issued. accreeits Seattle with the
greatest gain In bank clearings of any
III. e. ~ e..
nah. Ca. which has been enjoying a
great boom this year. These compari-
sons are made with the business of last
year when the Kiondike fever was still
high. the Nome rush was just starting
and aeattle was making the greatest
gains IN bank clearings OF any city In the
country. The clearings then were alb
normally high and few business men ex-
pected TO see them receive another ad-
vance Of almost 50 per cent. Many feared
that there would be a slump.
A year ago In the Pacific states. .
broad division which includes everything
west Of Denver. San Francisco, of course.
was FIRST, Salt Lake City was apparently
safely intrenohed In second place and
Seattle, Los Angeles and Portland were
closely punched for third place In tho
order named. September /. 1899 a diff
ference OF only about 100000 existed be-
tween the totals OF Seattle and Portland
Now Seattle Is far ahead OF Its nearest
competitor. Los Angeles has been enjoy
Ing tho great oil boom this year and is
IN third place. although 35,00.00o behind
Seattle. Spokane and Tacoma are plod-
ding along far in tho rear. the combined
clcarnlnxS OF the two cities for the pres
ent year bsinE Sil,ooo.oo0 less than those
OF Seattle aionA
The following table comparing the bank
ciearinss OF the principal cities in the
Pacific states In the first eight months
Of 1900 with the corresponding period OF
1899 and showing the percentage Of In
crease. has been complied from the gov
eminent report by Secretary Prosch. of
tho Chamber Of Commences:
Per Cent
1900 1899. Increase
San Francisco ssSs.oei.Io 4 1907 .2ss.ssa 10