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The Seasonal Slump Hits Seattle’s Commerce

While lumber and coal exports have dipped, city leadership maintains a hopeful stance on the resilience of the local economy.

The story, cleaned up

A cleaned-up reading of the newspaper page: spelling and layout repaired, one story lifted off a crowded page. It follows the original closely but it is not a transcription. The original page is below; read it if a detail matters.

For the past few weeks we have been experiencing quite a lull in that business activity which has all along characterized this as one of the liveliest towns on the Pacific. This is easily accounted for by the simple facts that the months of July and August, on the Sound, are always the dullest ones in the year, and that for some time back the demand for lumber and coal—our great articles of export—has been greatly reduced, in no small degree due to the hard times and the stringency in the money markets which have been for a long time prevailing in the Eastern States, and even in California. While it is very natural to notice and to complain about the scarcity of money, or rather the difficulty of getting it, and of a slightly relaxed trade at this unfavorable season of the year, it may not be inopportune to congratulate ourselves upon the fact that we have had better times here than anywhere else on the coast for two years past. That trade should slacken up is to be expected, and it can be borne with perfect equanimity by our business men who understand how soon this section recovers from any depression.

“This quiet spell, however, seems to be confined mainly to the avenues of trade... there is nothing to indicate any want of prosperity, or even a lull in progress.”

— Printed in The Daily Intelligencer (Seattle, Wash. Territory [i.e. Wash.]) 1876-1881, 1876
Then · 1876150 years apartNow · 2026

Economic anxiety in 1876 Seattle was tied to global commodities like coal and timber, mirroring today’s obsession with tech and retail cycles. Even then, Seattle boosters were quick to frame regional downturns as temporary 'quiet spells' to maintain developer confidence.

The original page

The Daily Intelligencer (Seattle, Wash. Territory [i.e. Wash.]) 1876-1881, 1876-08-25. Library of Congress, Chronicling America.

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About this story

From
The Daily Intelligencer (Seattle, Wash. Territory [i.e. Wash.]) 1876-1881, AUG 25, 1876, Page 2
Rights
Public domain
Place
47.60323, -122.33028 · placed automatically
The paper in the Library of Congress catalog ↗