The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-02-09
NEW YORK MARKETS.
Tho stock Exchange.


New York. Feb. s-Trading In stocks
was quite brisk for half-holiday. The
movement OF prices was irregular. Dis
appoIntiug foreign advlces In regard TO the
nrIces of American stocks and continued
selling in this market for account OF Eu-
ropean dealers exerted an unfavorabie IN
ffuence AT the outset. Very soon. however,
strength developed in the Industrials. while
the railway list exhibited a sagging tend
ency The fluctuations in prices were very
unimportant until the end Of the first
hour. when the bull leaders took effective
action, and on heavy purchases the market
took the up tack. The gains scored were
material I'm number of Instances. Sugar
rising ? per cent Profit taking toward the
end of thu session caused general recess
sons. and the market closed irregular At
concessions from the top figures, but at
general net gains The topic or interest
both in and out OF Wall street has been the
closing OF the bids for the new Sle1 ooo,to0
government loan and the allotmenis. Ev-
cry detail connected with the event mas
been discussed with great eageTness both
AZ home and abroad. and the probable after
effects 81 the loan continue 20 be discussed
by leading financiers with marked anxiety.
so far as the money and commercial paper
markets are likely to be affected thereby.
IL Is conteuded in strictly wall street cir
cles that the primary object OF the latest
bend issue is likely 20 be In large meas
ure defeated. The point Is made by these
critics that no small part OF the treasury
stock Of gold NAV be taken 10 pay FOR the
bonds and that the net increase IN It's re-
sources from the sale q bonds viii fan far
short % present anticipations. Already,
however Indications point to relaxation
IN the tension in the money paper market.
although bullion dealers profess 20 expect
gci9 az a commodity. TO go TO per cent.
premium the coming week.
The market has been active ana the
movement IRREGULAR. The fluctuations have
ln the main been dictated by prominent
spsculation traders although some iavest-
ment buying Of the Changers and few
other stocks have been noted. Sugar and
- Paul have disputed the Leadership or
the market and show net gains OF - and
gls per cent. respectively. The more I'm
p0rtant influences. aside from those o.
ready noted have been the news that the
house VIII on Monday vote upon the free
silver Substitute bin FOR the bond bill. M
rncrs affecting the financial credit OF tho
Missouri Pacific. Rfierwarti authoritativeiy
denied: persistent selling OF American
stocks for foreign accoant. and the usual
adrCgtlv arranged o8fEtvings ~ the mauipn-
latsrs ~ the industrial stocks- The net 20
suite show lvnuceF including Pullman and
RIO Grar5e Western Per cent, AM North
western - The aggregate sales were
T. sss IT shares The railway hona market
today exhfhite9 continued strength. end
advanced on dealtngs forced up 20 s5.fsA
Govern meats ruled strong and higher. The
rev e coupon were in GOOD demand. Xla.-
est hanging bands Ra lroai hones FOR fhe
weak we're strong ard fual prices Tor
the leading speculative ISSUES we're Efner-
ais materially higher The oregon Short
Line ant Norrhern Paeifc morfgaEes we're
heavily dealt i7. TIE first S. trust receipts
anf fvts4t receipt Ccasel s. - the ct
menfi're1 road are ap ga and as per sent.
resp@ettVfiv ans the trades % TIE latter
cowpsny arr Z per cent higher. The az
RreEate dealings Were g. a.ssu.
TIE pronounce success * the rev gov
s-nuafut toAn was Shown IN q baoyant
market fcF the issues outstanding. The
coupon bonds 81 tae recent issue ws-e n
active lnQs.rS, ard rose a. per cert The
transactions we're mostly al seller.
though a number acre usa6e az seller
ard regular. The new a REGISTERED sra-
proved 20 At eGuai extent and gains ~
fsr cent. were establishes sn the fours ar
olG fosrs- Tae transactions made the to-
tai - xstasa SILVER ce-tsfeatss aisnlaye=5
reytYea strength and activity toward TIRE
e3nse- Transactions amounted 20 Ssa.6ss1. 81
from sgssc 20 ss51c- M3nsng shares were
s-ss1 I'D IeAtgre.ezs or dealings o. liza.