The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-04-21
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ERAcsTIEEr's' rrsAxcrAr rxpo~y
SE fosk. April % -Bradssysef', 6aan-
esa report viii say: While there has b>ea
con tiauaacs Of speculadvs inaesiy;tv
= 1850 oJ renewed EFFORTS on the mar. al
professional operators TO depre..
prices. fas stock MARKET 9Th shcva .,ss,e
susceptibility to such fnnuencea The
Hsavy gosd shipments OF las, week ana er.
Peesafion Of . further outflow ~ The egoe.
% ne present week we're supp,ementsd bv
exaggerated Impressions regarding the sic-
niAcancs Of the friction between vsrion,
fAhfoadss both IN the trunk Inn, ana
ranger groups. and by fears OF An ext<n-
SION OF the Great Northern ssrik. 70
others Due uss was made Of ths.s fact.
" the bear party, Who we're aiso en-
c"uraged by the evident iaek al having
power and the failure of foreign support
% appear. In spite OF these in f.uenees 40
fsa. tendency TO liquidAss was discovered.
ana toward the end Of the week II became
ssiaens that the limited impressions which
HAd ceen made ON prices had been affected
- the expense OF considerable increase in
tne short interest The concession. recorded
IA prices have mainly b~sn unimport.ut
taoush the sale OF . considerable amount
o. Sew York Central. putting that stock
psiow par, was regarded a somevhat
hsnincsnt. the grangsrs stock. how
ever. upon which the bear attack
was the most severe, declining only
gradually In spite OF the eener-
ally poor earnings, which are nov
being reported BY railroads in that section
and disturbing the influence of general
cuts in rates The industrial stocks.
though somewhat neglected q. . class,
were strong throughout. On Friday tho
general market rallied sharply, apparently
on covering Of short sales, the Rrangern
being eonspicuous.y strong. The tone of
speculation. however, was dull and pro
fessionai throughout
THE STOCK KxcaANoR.
NEW YORK, April 2n-It was not q
very active market on the stock exchange
today. but buying Was good at intervals
and the general tendency of prices was
upward. an Improvement being recorded
In the active lis; ranging from to TX per
cent. and in the specialties extending to
Oh per cent London was small factor,
and although a buyer iss purchases wers
not large. The fact thai only $500, 600 ad-
dstionai gold vas engaged for shipment
and the total amount to be exported does
not exceed - 0o0.Og. had q favorable effect
on share speculation. as it was expected
that at least 81 Coz, 900 more gold would go
forward. It's the general impression also
that these were the last of the gold ship
ments for some time to come, and the
treasury gold reserve will not DO impaired
by reason OF Withdrawals for expectation.
belief IN the improved prospects for
crops, and consequently In the greater
earning capacity Of the granger roads, in
creased the purchase demand Of the lead
ing stocks of that group, all of " hich made
fractional gains. The intustrias were less
active than usual, but participated gem
orally in the advance recorded, especially
Chicago Gas, the impression gaining
ground that the company has little to fear
from quo wsrranto proceedings. The
market WAS dull at the opening. but
grained strength as the morning advanced,
| prices continuing to move upward until
noon. The higher figures induced realiza.
| tions and few short lines we're put out,
| which caused temporary break in the
1 advancing column and a slight reaction
| airy movement The speculation was un-
settled until after delivery hour, when
| purchasers .again came into tho market
| with the result Of again sending the mar
| ket upward. Final dealings were parti-
| eularly firm in tone. Some of the princi-
| pal advances are: Missouri Pacific. per
| cent. II per cent in Chicago Gas and Ma
tional Linseed; per cent. in Consolidated
| Gas and National Cordage preferred. De-
| clines were recorded Of I per cent. in Dela-
ware, Lackawanna & Western. National
| Starch and Rubber: Ia per cent. in Cana
| dian Pacific and Minnesota & Manitoba.
| The railway and miscellaneous bond mar
ket vas firm throughout the day.
| Government bouds-Firmer. except for
( A.. which are tritle lower.
| state bouds-fnactivc.
Petroleum-Steady; Pennsylvania oil
| sales none; April option sales, none,
| closed at s5c bid. Lima OIL sales none.
BANK cLEARtSGR
| The following table, complied by Brad
| streets, shows the total ciearances at the
| principal cities and the percentage of in
| crease or decrease as compared with the
| corresponding week last year: