The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-02-16
NEW YORK Markets.
The stock Exchange.

New York Feb. l5.-Decided heaviness
characterized the final trading OF the
week. This condition resulted partly from
the efforts Of the professional dealers, and
10 a less extent from liquidation for both
domestic ard foreign account. The con-
cessions In the general market were mainly
fractional. Sugar improved about point.
on further advances in foreign beet and do
nestle refined sugars. but eventually lost
the gain. in sympathy with the weakness
in the other shares. The closing was mod
erately active and heavy in tone. The
weeks speculation has been unsatisfac-
tory TO all but the brokers who devote their
exclusive attention TO quick turns in the
market. There has been a general COM
plant among commission houses over the
dullness of business. The progress max
ing toward replenishing the gold reserve or
the treasury. incidental to the latest gov
eminent issue, and the reports and gossip
in relation thereto, have been the pivotal
influence in Wall street. In the last few
days IL has become clear 10 expert
enced financiers that the net gold receipts
to the treasury from the new s10o. 900. 900
issue will fan considerably short OF early
anticipations excited by the exceptionally
large oversubscriptions. This, OF course,
IS due to the fact that fairly large pro-
portion of the successful bidders Will, in
all probability. draw their gold out OF the
OF the loan. Investors have adopted a eau
tious policy until the course OF the money.
exchange and mercantile paper markets
can be more clearly forecaSted than al pres
ent. The failure of the free silver defeat
in congress to stimulate foreign purchases
OF our securities and the selling for the
same interest. attributed to increased fric-
ton over the Transvaai situation, together
with the predictions OF prominent Euro
a % a-tx- faY al Of
gold exports. exert a depressing influence
upon the local speculative leaders. The
railroad reports are less encouraging, al
though returns OF railroad traffic are main
" favorable. The general market move
ment has been fairly active. IN spite OF the
holiday interruption, and the course OF
prices erratic. The Industrials attracted
the greatest speculative attention, with
Sugar and Tobacco foremost and iuctu-
ating wildly. Evidence Of active manipu-
lation by insiders was manifest in each
case The former shares named were
marked up . per cent. to 1855. in anticipa-
tion OF early declaration OF the regular div
blends. \ reaction 10 ll1A followed, on
the Introduction or a bill in the senate pro-
viding for the removal OF the differential
on the staple. Subsequently. on successive
advances in foreign and domestic grades
% the staple. the price rallied 10 1875. The
aggregate sales were 80, ga shares. The
railway bond market today was fairly
active. with downward tendency in pro-
cess The dealings amounted to $500 ofo.
i The speculation OF the week was moderate
IN volume. and a Arm tone prevailed. al
though some irregularity In values was
noted The total business Was SIS. IL, COO
The market for governments was strong.
/ with the exception OF a = per cent. drop
in the old As A single transaction II 500
90 took place and the aggregate sales
- IA
usually large total Of s., 81 0ss0 was record
ed. the business being chiefly in the new
- coupon. Slight concessions in prices
were generally made.
Money and Exchange.
Money on call, nominally :: prime mer-
camille paper. gi9ff5 Sterling exch ange
| quiet. with actual business in bankers
/ hills 81 81 S1'ssf4 S7as for demand and
/ ~. a. Ssis FOR sixty days: posted rates.
! S4.S7a4 $ and 81 Ssis1lso. commercial
/ bills. 81 So.
Exports and Imports.
The exports % specie from the port OF
/ New York for the week amounted 20 Sis
60 ia gold and 81, ~ in silver. The i'm
! ports were: Gold. 81. &ST,1Sl; silver. SSoSf,
! DRY goods, $5.Sss.oSs. general merchandise.
| 81 tl6CsS.
/ Weekly Bank Statement.
| TIE weekly statement 81 the associated
+ banks shows:
Increase Decrease.
Reserve .-......- ... ....-..- S5S63. 80
Loans --..-.--.--s---. s-- sas+l-aff .-....--..
lfrfo~itS .-...--..-- -ht--'n .-..-.....
Spe r. -.--- .-.-.--....- o.. .--.---. s.It15so
Legal tenders -... ..- ... 2 Sfs.9o .
Circulation ----. go ..--.- ---.-.-- - en-
Tire banks hold ssE.SlSS15 IN excess % the
requirement
BONDS.
/ l : IS. rev reg flsfs G 2. lists II - 1af
New a.. coup. Mss p & 4 - = i17S1.
FtFes. rFE ....-ll- r'olrs - :,
Ewes. coup ..-llG Er1s seconds -
EoIrs- rex ..--.l.>1z u H. q : 4 = -55
EoGrs. coup Ice SevFns 80
I@Cs, res. e. a & r O. e -
Pacific S. ~ 45. Ia9 sizes ~
( A class A....18SAs u X r Isl A. =.
( '..tSs tA.------.!eS Second +s--..... sols
ass t--.------4e .stA- L-sou as ms
C2-ce1rE ---..- . J, !. G.. Gen. IS Ils1s
Ia \ew Con - ssl. Nor Pa, ,s+v 500
Nflaa.-re-s Ea 4