The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-07-21

Sect any rerceptihle improvement in distribution
and railway earnings. though Of large yolume are,
owing to comparisons being made with exceptionally
good results last year showinS less notable increases
beth in gross and returns An increased cost q
repairs, eettermeuts. fuel and wages are Gnitedb
responsible for this latter feature hecsnse Erss ~
esipts for later Periods reported show continued.
though small gains
Hog proSiucts have gone lower With corn has
also wheat. in which continued liquidation has been
noted. with the rsnlt q INDUCING partial retaTn
q the export inquiry hanished from the weekly
crop Of SO coo 200 bushels the outlook Is that
export q IL oo 100 $50 ep 90 bushels will be pos
sihe without reducing visible and farm SUPPLIES ma
teriauy from the totals estimated held GA July l.
Iron and steel Prices evidently scrsrins on bot
tom. reports from leading oenters Of cost Of raw
material and wages correct Bessimer PIG a,
respectively 50 and 50 year ago. 40 that much q
the boom prices have been cut Eastern and
southern iron markets lower than week ago
No. l Northern foundry being Of 81 Ter ton and
lew grade southern iron is accommodating ia
votahle feature Is the increasing number q IN
aiiries from Europe soft coal Is going abroad too
= cargo leaving for London shortly. Tin Is eernersd
LEGALLY and higher on the week, while COPPER Is
ffrner. Anthracite coal Is steady and confidence In
future prices Is notable.
The textile situation Is a rnited ene. rrescu,
prices fer raw cotton and finished material dc not
harmouire. Chinese troubles have checked export
trade in brown costons, and a summer shutdown OF
mills producing these goods and print cloths Is
looked for
An encouraging feature os the woal rnarke, Is the
rather better inquiry fer raw wool At Boston, but
manufacturers ~li not apparently do much until
the lishtvesh. ssascn open Ad,iees from the
London sslss ar. tat th.t market h. rssined
most Of the loss shown early in tbs season
Wheat, Including nur. shipnsn's for The week
last week. s.sE.o.s bnshsls IN the csrcspeudsns
week o. iss so 80 bushels In 1888. lsfs 81 hsh
els in is and ,ss'sa bushels IN Isss r9n - nv ~
bushels asninst TO- 40 $50 bushels last season. and
1.7s9. 80 buihtls In 1883 ~
BUSINESS failures for the weak number sn. ssainst
nj last in In
lsas. I'd in lsT and 80 In 1894
Canadian failures for the week number twsnty-six.
as compared with nineteen 10 this wees year ago
nradstreevs Financial Review.
Brsdsteet's review Of the New York stock mar
ket, published tomorrow, will say;
The stock market has been strong In the face 81
dizziness and Of the Chinese situation and ether
adverse factors Of external origin. The renewal ot
gold exports and the appearance 81 hardening tend
snces in money caused. however, a tomrwhst weaker
10 prevail in the last few days, and the mar
set seemed disposed to pay attention 20 the
international complications which may result
from the tronbls in China.
The reactions which were occurring In Russian and
other government securities, a. well a. IN those
~ China. have again unsettled the fseigu mar
kets aud led TO London being heavy seller o.
stocks here The advance In the Hank ~ England
from 20 per cent. on Thursday. snd the ship
meut q s. oJe 900 In gold from New York 10 Pans.
points to the fact that Europe Is preparing fr
financial pressure and win use all means attract
gold from this country. our market Is certainly
inclined 20 regard the gold expectations without
metal from Alaska and tho ne~s ~ hss.y specie
shipments in proaress in prospect from Australia
10 San Francisco. II Il recognized that American
money Ia relatively too low and That higher inter
est win ssord protection against European de-
msnds. although with the abundance ~ capital
in the country there IL NO apprehension on the
part ~ Wall street regarding serious disturbance
q money rates. kuropsan Borrowings here
should much greater proportions. The news
from rekng Friday Announcing the safety Of the
American and othsr ministers. had favorable ef-
feet on the market at large. and caused advances
throughout the list. with strong tone At the cose,
Hank .1eariuGs.
The following table. compiled m Rradstreet
shows The bank cearingr a. the principal cities fot
IN. week ended July 10 with the percentage 81 In
crease and decrease, compared with the CORE
spouding week last year.