The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-03-26
future OF PACIFIC COAST.
CHICAGO FINANCIAL JOURNAL
GIVES INTERESTING FIGURES.
No Section of the Entire United
States Has Attracted So Much At
tention From Representatives of
Capital ms the Extreme Northwest

According TO Eastern capitalists. Seattle
has come to the front within the past
three years by being able to demonst rate
to investors that at no distant future this
city Will be the metropolis OF the Pacific
coast Bonds and Mortgages. a Chicago
financial Journal, in speaking OF the pres
ent conditions and future prospects OF Sc
attic and the Pacific coast. says:
There Is no section OF the prosperous
West which is attracting the eyes of the
financial world more at present than the
cities OF the Pacific coast The vast and
rapidly growing trade OF the Orient and the
tropics, the gold discoveries in Alaska. the
growth of Australia and New Zealand. the
opening Up Of The vast steppes OF Russia
speak commercial and financial opportuni-
ties unparalleled in the history Of the
country. The scene. OF the future human
drama has been shifted to the Pacific
coast. Two-thirds OF the worlds p0pula-
tion awaits us at our Western gates, sep
arated from us only by great ocean high
way, free from the possibilities Of toll or
monopoly and affordng every accommoda-
tion necessary for the transaction Of an
enormous volume of new business
Already American commerce with the
islands and countries OF the Pacific shows
n greater gain In the yenr 1899 than that
with any other part OF the world. Our
total exports increased 500 800 COO and our
exports to Asia and Oceania alone lncreas-
ed over $40 ono 600; our total imports In
creased sie4 900, 600. and 600 OF this
ports 10 Asia and Oceanic increased n
per cent. while imports from that part
OF the world increased 40 per cent.
"Of this Increase OF 500, 10000 In ex-
ports to Asia and Oceanla, over 81 00lf0o
went to British Austrnla.in, ton oo TO N.
Hawaiian island 100000 to China, and
the remainder distributed 10 the various
countries and islands OF that part Of the
Western Pacific. while of the imports from
Asia and oceania, $l2 0n0.0o0 We're from the
Dutch East Indies. $ll.COo,ooo from Japan
50 000, coo from the British East Indies, ST.
100000 from China, and 100000 from Ha-
wall.
"of the increase in exports. the large
proportion was In cotton, cotton goods, ma
chinery and other manufactures Of iron
and steel. The increase I'm our exports to
China was largely I'm manufactures % cot
ton and that to the Hawaiian islands and
Australia. manufactures Of all kinds. the
large proportion, however being msohin-
cry and general manufactures OF iron and
steel OF the Increase OF $50 N0oNf in i'm
ports from the countries Of the Pacific
raw silk tin. fhers and sugar were the
most important items.
"From japan, the importations NJ raw
silk Increased IS 900 900 and there vas also
a considerable increase in mating: from
the great tin mines 81 the Straits Settle
ments was an increase ot 100000
worth 81 Mig TIN Tor use in manufactur-
ing tin plates and from British East In
dies there was an Increase In lutte and tute
hnrging and other predictions " this
character: from China. there was IN In
creHse of over s5.00n000 IN raw SILK for use
in Tnanufa curing. from the Phiiipnines. an
Increase In hemp and other articles and
from the Hawaiian islands. n small in
crease IN sugar; while tho most important
and suggestive Increase from the Pacific
countries IS that of sugar from tho ~ :
Indies which amounted IN the year lust
ended 70 AS An $40 pounds NgainaJ 80 f5l.-
~ pounds In 1898 and $50 ~ 707 pounds in
| iSq7. the value " the SUGAR imported from
the East Indies IN 1870 being 80 63f $50
against sie029,6i2 in ls9S. and no lsi In
isa-
with these intNresilnc and Instructive
NE,lres before us the immediate future ~
the Pacific coast scauorJ towns 1npravs
particularly bright Tho greatest activity
prevails IN the younger and more progress
sive cities 81 tho Northwest with Seattle.
Portland ard Tacoma eagerly wing with
! Zach other fAr commercial supremacy The
/ heavy Investments made durtrE the nast
/ wear by Eastern carUeiiefs IN iris section
reflect the FULLEST realisation ~ existing
conditions VS. fNe far-e' rhted investing
T c,assrs THO Faclfc Northwest h. lust
z emerging ouf ~ fNc hour 10 dawn t0 bath"
in mo most h-iilifnt raVs ~ prosucrity
/ which ever shone unon any country"