The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-03-22

TINE srocr rrr.,a,

- Htssk 1xEBAXGk
foax. March zl-AishcusA net
. controlling fnsusncs Of the
saiataon On The stock exchsnea. the
:. y me ssagntcFaes bill il fall o. insa-sst
- sns sssess, and opsfssors in both ionx
mort aecounts trade on their re-
1870 theories - 70 the action Of the
..ene The dispatch from the exeeu-
- c1snesr last svsnisg 70 tie Chamber
nsses conmittss appointed 70 pre-
-. the memorial sdopeed sessnst the
nae o. The measure. sdvisins thas they
noe'a not 60 to washineton City. vas
y one section Of the operaso.s 70
mem that inasmucn q the resolution
aso oesn reached 70 veto TIE MEASURE. Il
- unnsesssary for the eomm,tsee 20
maze the journey. On the Other haad Il
.ss susessted that tbs president having
oecided 70 sign the bill did not desire %
pssk 20 the COMMITTEES. Both sides Of
.ns session agreed that either Mr.. Cleve-
.snd nsd made up his mind to the course
20 prSus. or wished 70 arrive at . cou-
esusson without the sssistancs of New
iork hnaneiers. A belief in the veto
caused . buying movement during the
morning. white in the Afternoon early
purchasers became sellers. There we're
other factors besides the ssieniors<s bill,
which affected special stocks and the en-
tire marEst The sugar interests profess
70 regard the SUGAR schedule on the ,enste
tarin bill with only less favor than they
accepted tha house bill and assert that n
does not give any material protection 20 re-
hners- As consequences. the bear, in
sugar shares are assisted By this argument
IN hammsring down prices. Reports TO-
oay were circulated 70 the effect that sew
srai prominent senators have stated that
the tariff bill. as il will pass. 10 certain
70 make sugar free, but with eli the
rumors the common stock, after another
break, recovered all bat . fraction Of tina
loss, white the preferred made . slight
gain. Pending the conclusion Of neeotia-
lions In progress between representative
OF the disei!isng and the distributing COM
pany the speculation IN distiiiing il con
tracssd. The feeling which prevailed q
70 the outcome Of the conference naturally
restricts the buying and the bear traders.
are not anxious 70 put ont long lines Of
the stock lest they be swamped in boom
manufactured out Of . possible agreement
between the rival intsrestsL A covering
movement 10 Burlington was the moving
power IN the speculation In this stock, bat
despite early purchases of s. Paul for
London account. the latter selling re-
duced the advance in the common TO u.
but the preferred made an advance OF
per cent. The volume Of business was
lighter than fos come time.
The bond market was strong until 2
O'Clock In the afternoon. when . reaction
occurred. bat In the final dealings the
speculation became firm again and closed
with prices in the main Z 70 4 per cent.
higher than the last quotations Of ysstsr-
day for the active list.
Government bonds-Firm. State bonds
-Inactive.
Pstroieum-Firmer. Pennsylvania oil
sales. none; April option sales. none;
closed At s2@se,1c bid; Lima oil sales.
mona
FINANCIAL.
Money-On cell, easy at per cent:
last loan per cent: closed at per cent
Prime mercantile paper. 3@54 per cent.
Sterling sxchan9s-Duli, with actual
business In bankers bills nj A.sss4@
4s9 for demand, and A.671s for sixty
day bills. posted rates. $i.ssia@Ls9; COM
msrcial bills. 81 s6l.sA ssh.
Silver certificates. 5s7s@Jetsc.