The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-05-13
NEW YORK MARKETS.


NsE York May 1I-.On fse stock sx-
c1anEe tcs34y the onward -uave~en. IL
Trosrsss al the week received fresh t-.-
pstGs. 2ne hsgaer range o. valuez was
established Although at the orsrsrg
A~9l-cn w&s seller art local traders
were rezlfzirg Profits. tne market was
WEI Bed and gradually gained strength.
tie foretg1ers changing treat ard herorr-
TX geo4 buyers II the last hour ths
speculation szs very buoyart il tone
ard closed strong. with prices generally
q tAs best q the week The Changers
we're al hsgnsr. Central Pacific. -:
Northern Pacific. :. Northern pzesrc pre-
ferre1. ~: Canada Pacific. DassiTing.
Isenver PrefsTrAd. =. Sugar. -; Oregon
navigator. "a Great Northern PREFERRED
Closed ID bid against liz bid az the close
yesterday Atlantis. common and pre-
ferreS- lost ! per cent each, and few
otnsF SHARES are fractsonaIly lower on
the day Pactf1c Man opened / per cent
lower on the announcement shat the re-
got-atio1s with Tire Panama Railroad
Company had been abandoned but the
deciine haE been fully recovered 81 the
close
The week has been notable by reason
o. activity and wide distribution OF buxi-
ness. the material advances recorded and
the large buying for hrelgn account An
ot1sr prominent feature was the dsnor-
aiixation % the sterling exchange market,
rates at the close showing a reduction Of
- In both long and short bills. TIE trad
ing was a. times attended by conssdera-
bic excitement. and the snoFg interest in
ths market was frequently forced to
cover without regard 70 the prices at
whlch purchases had heen made Some
ninety stocks touched figures higher than
have been made any time since January
]. Commission houses reported a food %
orders from the more prominent financial
ceEtsrs % the country Manipulation Was
plainly evident in the movement OF sew
eral stocks. including Sugar. but the
character 90 the general news IN circu-
lation was % such nature as 20 inspire
confidence. The sharp recession IN the
rates of exchange led 70 talk OF gold TN
ports in the near future. The sales OF the
week aggregated $4,000 shares, and Is
stocks were traded in.
The bond speculation today was active
ard buoyant with sales os s. 20 CO.. Dur
ing the week the trading IN mortgages
was on a scale Of mammoth proportions.
the sales azgregating s.. 80. GO. total
which has not been reached tn any one
week for years past. The largest buy
ers were the foreigners. The dealings
have been characterized by marked buoy
ancy. and material advances have been
recorded IN most Of the securities dealt
su- The distributions Of business were
wider than usual, and extended 20 bonds.
which have not been traded IN for more
than A year. Government bonds were no.
tahav stronger. and The leading brokers re-
rsorte-a large sales over the country. The
eair~ a. the board being 5000 State
bonds figured in the dealings for ssaoce. OF
which $500 we're Nirgsuizns.
Financial.
Money on call. easy. al Ia per cent
Prime mercantile paper, SGfa per cent
StNrfne exchanze-W with actual
business in bankers bills az $i-STi= for de-
rrsra and 81 a. for 81 days. Posted rates,
s. sslzaAS7I5 and si-sSa4.S. Commercial
bills. ASis.