The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-10-02
THE srocK KxcHAssE.

THE STOCK KxCHAsaE.
NEW YORK, Oct. The stock market
opened irregular and very quickly devei-
oped weakness IN the entire list on pro-
noanced selling movement The pressure
TO sell was heaviest in Sugar. considerable
long stock being thrown on the market
shd the bears putting out new lines Of
shorts. In the opening dealings . break
ofiA PER cent. took place, followed by a
recovery of x. aud for short time the
Improvement was maintained. but during
the afternoon renewed sales sent prices
downward again. the decline continuing
10 the close. The last sales were at the
lowest of the day, and showed q loss of
~ from the final sales of Saturday; the
preferred stock rcceded - TO a2ts. which 10
~ above the common stock. Distilling
sought still lower level today, touching
IA, decline of II. from Saturday. A
story was circulated TO the effect that the
Whisky directors had tailed in an effort
10 borrow $4,000 to pay of the
rebate vouchers which had matured. The
short interest began to cover 1t the lowest
tgares made by the shares. and q recovery
OF \ ensued. of which = had been lost at
the close. Chicago Gas opened = higher
on q continuation of Saturdays covering
Of shorts. but the advance was promptly
checked by heavy offerings of the stock,
and decline took place. which continued
70 the close, the last being IL below the
beat Of the morning, & lower than last
weeks closing The heaviness OF the
sAare, in view Of the declaration of the
regular J, per cent. dividend in cash. Is
sceoanted for by the assum ption that in
sders supplied the bulk Of the stock placed
On the market Other less setive In
das;rials participated in the depression.
declines being established At the close Of
iA in Leather. preferred; IL In Lead.
Preferred: II. in Lead, eonmon; T.. in
Cotton OIL; l in the preferred, and
Il IN Cordage. In the railway list the
essngers were most active. hus were not
subjected 10 very heavy selling pressure.
although the bears made occasional drives
against them. The ilaetuaslon in the
shares vas only fractional, except In Bar
hnsioa. which declined per cent, with a
tnai rally Of -. ~. Iaul last -. North
western. preferred, \ Rock Island y. snd
North western, common, gained -. West
sfs Uaioa VAS depressed hy liquidation OF
ae0l pool, which was taken advantage OF
b prominent bear operators TO raid the
soek. a decline OF !. resulted. Of which
emily y had been recovered ST the close.
Aiehison fell OF Ia. but recovered =. The
Market al the close Was weak In tone. The
eoad market was rather heavy In the
early dealing and Garing the first part Of
As afternoon, bat became steady Ia the
isisr dealings and closed With an improved
bne. The sales reached saSi, ooo
Soysrnmsnt bonds-FlEm.
siaIe hon3S-puM
kAslroAd oonds-Firm.
fesrOlsum-Steady November options,
sessG, s-}so bad.
uNASCtAL
Mensy-on call, sAsv a. ! PER cent
.as' loan. FER cent. closed, l Per CENT
sr'me mercantile Paper. SNsaAa pes cent
saeFssng exchange, Nrfn. With actual eass-
tsss IN bankers Bills 81 81 No.. So Tor
ssEnsAd and 81 ~. "a So foF ca DAYS
sisa Fstes. s. SoNsesAsiss; eoSnnasFsiA4
- a. - IA.
sAvsf eers4aeAEss. eSs4e
KoNps.
II. IS, rig. iia. U. :. - eonfN, lts.
y : ~ res. iiSA L. ;. =. COUP. iisess
=. : =. reg. - Faeine 81, III ~ tol;
A, cas- 4, 3o&. Ala. class ), leAs
IA, e3aSs e. e2fs Ala curreacy. tFsss
"a Nss Coasoss. ~. ~; Missouri o. lsN
sesia Carolina Is. ia; North CA-oAn@
~, south Carolina Noa-fuRd, !.
.waa AeS SeE eS, -. New set -. tes;
saa. o.a set -. 10. va Ceat.. Se1s;
Va sssL. deferred. -; Assaisoa "a