The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-01-21
new YORK MAEKKrs.

New York, jan i9--The share specula-
sion has been heavy in tone all DAY on
very Eight volume OF business. and prices.
with a very few unimportapt exceptions.
show a decline from yesterdays final
sales ranging from l-8 to q SIS per cent.
The heayiness OF the market was due TO
sales to realize the profits OF the recent
advance. except In one or two instances.
In which special influences were at work
all the week. a case in point Is Union
Pacific, which sold heavily on the report
ed intention to foreciose on the property.
ard on vague rumor that a thirty per
cent. assessment on the stock was prob
able. After the close OF business the As
ISOLATED Press dispatches telling of en- APP
plication at St Louis for the foreclosure
of the Grst mortgage. and the appoint
nleDt OF separate receivers for the main
line the stock broke "a. and closed at
the lowest point touched. Chicago Gas
was weak ON selling induced by the COM
piications resulting from the effort to
change the control OF the company. An
early advance OF Ia WAS made. which
was quickly followed by a decline OF S-S
10 % 5-S. with q final rally of I-8. making
the loss OF the day i-e per cent. La
clede Gas preferred advanced ! per cent.
and reacted / IA. The Changers opened
lower. reacted a shade. made a partial re-
covery and In the final dealings fell off
again. except Rock Island. which stands
unchanged on the day. Burlington is
down IA, Northwestern 3-s and st. Paul
IL. the latter being sold by London. SUI
gar was lightly dealt In and moved within
range OF 5-S. losing just that fraction on
the days transactions. The market closed
duh and heavy in tone
During the week. while the trading was
very light, the market was In the main
strong. and In a majority of cases, an adj
vance has been recorded on the closing
figures OF Saturday list The aggregate
of the sales is sss. 900 shares, Chicago Gas
leading in point OF activity. The speciai-
ties were more active than usual and a
majority recorded substantial advances.
The grangers were adversely affected by
the action OF the United States senate iu
postponing consideration Of the pooling
bill. and receded a fraction in the carly
part of the week. but recovered the losses,
with the exception OF ST. Paul. which Is
Is of.
While the bulk OF trading In the days
bond market was lower. the recessions
did not exceed fractional limits The deal
ings were light and reached only $4,000
The transactions for the week in the bersl
market aggregate 1922 900. the Atahason
issues belrg most prominent therein an
Improvement recorded In the tours OF
2 SIS. and in the seconds OF rs, witt, a
final reaction Of Ia and / per cent. re-
spectively. Most oi the issues dealt in are
higher on the week.
Government bonds--Quiet and steady.
State bonds,-Dull. except for Virginia.
SIS. which are fairly active.
tnanc:at.
Money on call, easy at I per cent. !:
prime mercantile paper. 23-4f34l liz per
cent
Sterling ange-Firm. with actual
business for bankers bills at 81. sea- 50 l.:
for demand. and 81. sSgf4sS ii for 90 days.
Posted rates, s4.ss f-2ei4s9 and $4s9 leg
ssa Commercial bills. As7ii4.sT Ii.
silver certificates. 60 1890 Lie.