The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-09-28
NEW YORK MARkETA


New York. Sept. 2s.-The stock market
was moderately active today and was
strong in tone although the movement OF
prices showed some irrexuiarity. This con-
dstion was due 20 realization OF profits. and
% the elimination OF large amount OF
1ort .nteres, during the past few days
r the fourth time in succession forecasts
A favorable bank statement were utiliz-
20 advance prices. and for the first time
statement Of averages came up to ex-
satsons. an increase OF s3s7l. $50 In the
-. reserve. ard OF s9ss2 go in deposits
* noted. Experts on bank figures took
option. however. 20 the contract OF 81
$500 IN loans The opening was strong
and higher under heavy purchases 20 cover
shorts and a moderate inquiry for long
account The improvements were the
more important In the Indus;rals and in
tsrnstionsl shares. Toward noon the bears
made q determined drive al Sugar or re-
forts OF a falling of in the demand for the
saacs, and expectation Of reduction In
e price OF the refined grades early next
eek. The raid. together with long Of
f-rings. depressed The price 2 per cent.
ana the general list los fractions in SYM
patty. n few OF the Indusfriais making
more noteworthy declines. The tendency
was erraac. but showed general slight
gains.
The market OF the week was influenced
by a marked expression OF awakening con-
nsence in the financial and gen
eral business outlook Large ar
rivals az gold and substantial
new engag rm~nts OF the metal. an al
vance 10 per cent. In the Bank Of Eng
lands minimum ra:e az discount. reports
OF the starting up of suspended Industrial
and manufacturing interests. activ-
igy IN various sections OF the
country. and decided relaxa
ton OF the recent strinsencv IN time
money and mercantile paper, all cor trtbut-
ed toward A cheerful speculative temper.
The revival OF activity IN the Iron. steel.
leather ana other trades facilitated efforts
BY specialists - advance prices. but the
broadening tendency % THE stock and
bond markets also reflect Increasing com
mission business both speculative and In
sustfnsnt. For the first time n several
months they are quoting call money as
Iow "a per cent. on Il parity With she
street. rate, and time funds are eNgainahle
or geoi mixed collateral At per cent fat
for all periods I'D % ore YEAR.
Prime mercantile paper Is In better -
quest bash ny local and ct1t-of-tosn
banks. ana is rapidly discounted ~ Tffs
per cent. az against sale per cent. the
week previous.
The enSaxe-,ents % geld from the H.
eentlon az the movement 20 date aEgTe-
gate 81, 8-a Aa. sud the actual arrivals n
tA;s week were s-.iel@a. inciudlaE snail
amounts % CatcaEO. Bos1on ana san
Francisco. bringing the grand total IT,
celvea 20 So s5s. - Tho fur SAN ~ the
treasury god reserve viii rot aapear n
toasv's figures bar ne act0a. reserve IS
nearly SD asatsn and IA an encouraging
r7axlne s}as interesting development ~
the week Nas the arrival % s., l15.l 80 IN
san Francisco from Australia fu payment
sa~ large -owsi xnu1ents ag wasRE % f1e
lass named country Aa0lher significant
item Is al advance in cceaa freight rates
f-.,-a tals sea}>oa - - tas hiShes; figures
quoted ln a long time. The demand for
h.ah priee5 investments 10 bonds wss
brfsk The market closed slightly Se5ns
.ha tan figures. bat ~hc@s gains - EgfS
rs~ cent N tsa active 1lst TIE aggregate
salea we're l. 3ss ~ shares
psawsv bends 8lgr'sy~t marked
strength o. Irfves,HseHt sst speculative
s~-,essa The marker nFosGene3 ccrst1-
erably ss'i heavy dealings ,sccarEs5 IN esr-
tan txeu~S SsIes we're - je..as
.,,x@~nr,s~t bonds Mere a~tsve ana
strerx. with traasaetssns IS fhe 0eS IS
=. -so The dealings aggregates tsf 90
silver certtAcAsas NeFe Slightly eAsser
en- sales Of sa& ls@
None, and Exchange
Money on ea3,. steady a. pef cen,
yrssn. rss~car . paper. sE> peg cen
Strrgax exchange steady. Nfh actual
buesnesS IN bankers s4bs az $sNt fcr 1"~
rna~s era S4 Ssss a. IS gAr SKIS Gays.
pcstesf rates s. s9sstNS sad s. s. ASesss
e.,,,sg.se r-tA. hf1S s. ~ E&r sittee. ~ Se-
TAs exports ~ specse sTem ire f-art -
~ York tor sAe week sn3o antei - s.
- IS IN ssvsn TAe Imports we~e sSas3.
3 e. -, silver So - G~s xeg-sz, S-S-A-
g.. s%re-as naerchsaasse. 3, ka& ss4
Tssax's statement - tie ser&4;so- %
.hs treasury shows AY&Hseie cass eal-
ance. xe1 ~ *. sola reserve. S., - 81
aauey Rstes t-asi~r-
ire Nrw Ycrs FgHsscser SAWS ,a4s wsek,
The easing 8u sFsaurx RAGS. waseA was a
s.,srk@.s seassgr~ e tH@ 80 .a&.inn Ssst ~sE :.
j. %..sfs.@s atty exat &tntd sy tae statement
% she sfear.mx ae2se banks Cor tAe week
<~ftnr Srpsrne ssg - Tne osu&s Sre a.
sss. Rsxlna4uE - rsssSct IRE - eeaoe q
Ns+ye zoaE sAsrF1Fnss saa thss, to2, "a the
- q A. unassseE.v ae&xx c~eR move
~rr~t wh4za @slaS&t the suros %
srerss aaaas tome ags n@E@ a ped esE
re xa~p.zS ~ SERVE ~ tae -aisrsar izssss &C.
meat - = saH.ax domestic Sxea%~Se al
sY,.r~r -sars c@rtmx~ has ssEssn nssse-2&54y