The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-10-28
NEW YORK MARKETS.


rev York. Oct 2G-The market TO-DAY
opened with fair degree OF activity. but
prices Were Irregular An inquiry soon
appeaFea Tor Sugar and the Changers,
~1.eH gained substantial fractions
LIGHTER advances occurred in the other
market Near II O'Clock the bears made
= osAho nstration On the tndustrizis par
uc1iariy Leather and Sugar The drive
vas eHectsve, and weakness was also i'm
parted. though in a lesser degree 10 the
ksheFaa railway list. Among the more ex-
,. ss losses were Sugar ia and Pacific
I'LL a - Der cent The market closed weak
al the lowest prices OF the day. For the
week TIE speculation has been rather
quiet with a downward trend Iaquidz-
t4on mas been clearly evident in a number
OF Stocks. particularly Manhattan.
leather preferred. Tennessee Coal and
sugar An occasional rally occurred. but
the reactionary movement was soon re-
suned. The causes affecting the market
nave oeen mainly favorable, and their
i2llare 10 exert an influence has been
taken TO indicate that manipulators. hav-
ing discounted the encouraging factors in
the business situation. are DESTROYS OF a
ioWer range OF prices before again taking
the bull side An important DEVELOPMENT
mas Deem the Joining OF hands by all OF the
hitneFto contending interests IN the
Northern Pacific property. Foreign ex-
cnange, while abating I'm strength some
what, has not reelected to the fun salts
faction OF the bulls Our imports continue
large. so that our merchandise trade bal
ance Is less favorable than in former
years The result has been demand for
commercial bills on the part of importers
pressing upon light supply Interna-
tionai trading I'm securities seems TO be
Tatner against us, largely because of acute
difheuities that appear to press upon the
mining stock spectators in London and
on the continent In Union Pacific the i'm
preston is gaining ground that the reor-
ganization VIII be delayed. owing TO the
difficulty Of securing favorable legislation
from congress regarding the government
debt Sugar scored an early gain of per
cent, TO los. reacted 20 1924, and closed
within u per cent. Of the lowest. The de-
cline was attributed TO the alleged unfa-
vorable trade conditions, prices for sugar
having shown a lower range The aggre-
gate stock sales were $4,000 shares The
trading Ia bonds today was moderate in
volume. and an easier tone prevailed. Tho
sales were s53f. 600 Union Pacific declined
per cent. The transactions In govern
ments aggregated 10000. The dealings in
bonds for the week were upon a declining
movement. The losses were partially re-
covered later. Substantial gains we're
made in some OF the usually inactive
bonds. The aggregate sales were S7.3s4.-
600. Government bonds were quiet and
lower on sales OF sl0o.0oo. State mortgages
were featureless. Silver certificates were
dull but higher. Purchases were noted OF
$4,000 at STA 10 ssh.
Financial.
Money on call. easy AZ per cent prirn.
rnorehauttla naner 49, ver cont Ster
iing evchapge sfaad2,. s~.,at husiness
in HANGERS. hitts az "a ss1l ia SS1t for a.
mand. and ~ M "a S7r. for sIxfv DAYS.
postad rates "a ssesa SSls ana 81 sqgit sgtE
Commercial bills "a SIS. Government
bonas 4s~n lower. otbers steady. state
bonds inactive. railroad bonds caster
sr,.. .,-..,
-" '"
me weekly statement OF tic associatea
banks SHOWS
increase. Decrease.
reserve 'si'S'V's-o .--..
Loans .............'.....-. Ssz''o9
specie -'-...........'..---. i,l5'sso $500.
Legal tenders .......'.-.' 1870
Deposits ...-...........-'. l'zsV."o
Circulation .s.............. a,so
The hanks hold sib.es9,to IN excess OK the
legal requirement.
The flnancler says; Ihere were no
changes OF Importance In the statement
made BY the associated ranks OF new
YORK Tor the week ending october -. the
principal features being the continued de-
crease IN loans ana the increase OF sl'Zsl'-
y" ia specie AS a laibe u ~ OF nanAS
49, -. ~. .,r.,,,H,,s - az rnntr,c-
- a., -, - - 49,. 49,, $1,000
.,y' ~ 'o.'iIs - i.s 49,,
.,st. sn,l,.1e hs,,.o,1er ~ 800
80 re ~, w. ci;, bsnks - ,bo close -,
Tho current week stood ' nractlcaIlv az the
80. ,'.@t,..t -, so,,ers, sora,gn bo,ses