The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-03-19

LONDON STOCK EXCHANGE

LONDON. March ls.-During tho past
week money was in fair demand in con-
nsction with the settlement at the
stock exchange. Discount was drop
ping. Bills we're very scarce, hold
ers awaiting lower terms, which
seems inevitable directly tho govern
meat dividends are released, Business
at the stock exchange was restricted, and
no revival 10 expected until after Easter.
The tone. however, was good, and the
movements were mostly upward. The de-
mand for investment securities continues
keen. The chief feature Of the specula-
tive market was the rise in Brazilian
national securities, which advanced AZ.
There was an equal advance in the various
Brazilian railway issusa Rio exchange.
however, has not recovered, owing to dis
organized business, and the nxiety re-
garding the situation in the states of
Sac Pauio and Rio Grande do Sui. Other
iow-priced South American issues nd.
vanced on good purchasing. American
railway securities were strongly sup
ported from the beginning of the week
until Thursday, when prices dropped, but
there was partial recovery on Satur-
day. Louisville & Nashville showed the
largest advance, the rise being %. All
the other American railway securities rose
from to Ia. Canadian Pacific was ls<
higher. The securities Of the Grand
Trunk railway Of Canada showed an aver.
age rise of y.
THE ENGLISH TEXTILE TRADE
MANCHESTER. March ls.-The reports e.
to the state of trade are conflicting. More
Is being done. but there il s.iIl less than
Q kA al De-.
lar and generally weaker. Yarns are
ple,horic and tho position is unchanged.
There are no home sales beyond the actual
needs of the looms. Stocks are heavy. and
occasionally very low. Bids are taken for
export transactions OF little importance.
Cloths are more cheerful and. though the
buyers limits are not satisfactory. offers
are numerous, aud a fair number have
been accepted where the order books need
replenishing for India and China. An
early revival of Brazilian business is ex-
pected. Africa and the continent. are buy
ing moderately. Home trade is good on
deliveries on old contracts. but new orders
are infreqaent. Offers and margins are
worse than for several weeks past, and an
informal cnrtailment of production is ex-
tending. Liverpool cottons opened al or
near bullish prices. bat they are paraiyzed
by disproportionate distribution OF the
crop.
ENGLISH GRAIN MARKET.
LONDON. March ls.-The rain has been
beneficial 70 the crops. though IL has re-
tardei the sowing of wheat. CarEoes we're
81 to 81 worse, with prospect of liberal
supplies. Russia and the Argentine Re-
public are pressing wheat upon the mar
ket. California vas more freely offered.
aud the marke, was also depressed by the
large quantity due 10 arrive for orders.
The general demand was poor. and specu-
laiive inquiry was practically suspended.
Parcel trade was more moderate The
sales % American wheat auctuatesi, clos
ing tFner India Is harder 10 buy and
Russian IS weaker. California on passage
was anoted q. SIS 81; hard Manitoba, 25s
sd; Northern spring. 2is 81. The spo.
business was quiet. and the country mar
kets weFe SLOW and ansltered. -Four was
normal, siih eonsgmptive demand and
no speculation. American shippers trad.
was unchanged. No. Minnesota bakers
went a. ios al - LIS IF. The country
markets were steady. Maize fluetuaied
with fair demand for near careoe.. and
closed firm. Mixed American parcels
were fra, March oeiag quoted at Is
Spot vas que; aad closed quiet Barley
was steady aud closed quiet spot vas
slow and tie country markets were
steady. Oats were SLOW snd easy, wi,h
the country markets steady.
LIVERPOOL, March i--Wheat-DulI.
demand moderate: holders offer mo<ier.
aIeiy. Ne ! California, IS &c S. ID: No
, rel Western NInter, + 81
Corn-fsmsDd moderate: new ui1ed "a