The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-10-26
FOREIGN Markets.



yer, 30 lid.
New York. Oct. A-The Evening Post's
London financial cabiegram says: The
stock markets were dull today, a. was 70
be expected before the settlement, which
viii begin in mines on Monday. Ameri-
cans were lower In response to the de-
cline In New York. Dealers are natural
" fdegty as the election draws near The
Bank OF England has Enthusiastically begun
10 borrow. with the result that short loan
rates are rising. The prospect Is that
next week borrowers will be driven to the
bank and money viii be temporarily
dearer.
London's Financial Outlook.
London. Oct. 25.-The advance in the
bank rate has not led 10 an advance IN
outside quotations. because there was am
pie supply OF available funds. The
Plethora has been increased during the
week by the rslease OF 25ooooo OF Japan
csc money. with probable e.. ooe. 90 more
in a few days. There Is, however some
Indication that the bank Is borrowing on
stock in order 10 make its quotations more
effective in checking the outflow OF gold.
Russia Is Offering less for bar gold. while
the German and French exchanges have
moved N favor OF Great Britain in an adj
vance OF the bank rate. The outward
movement continues. being further stInu-
lated by the heavy and increasing wheat
shipments from Atlantic and Pacific ports.
Stocks OF grain IN Great Britain stand at
an unusually low level. ana the failure OF
crops in linda has caused active purchas-
ing 20 replenish supplies. The American
surplus - belng freely drawn upon at adj
vancing prices, and purchases OF Euro
pean goods being much restricted. the re-
msttance OF gold is the only method OF re-
crossing the adverse ba ance. A change
in this respect VIII probably occur after
the election.
THE stock market has been very In
active. with a dull tone and a few deal
ings consisting OF reaiszngs with a view
20 the settlement beginning on Monday.
The future course OF values seems TO de-
pend to a large extent upon the result OF
the election IN the United States. both in
the money market and on the stock ex-
change The American market had some
setback on realixings OF profits with a
general tendency 70 expect higher values
after election. There was a rise In Lake
Shore of and in Wabash de5entures and
preferred OF Il. fall In Chicago. M.iwau-
kee & -. Paul CT =, In Reading, Denver
& RIO Gral.-e bonds. Northern Pacific ana
Southern Pacific preferred OF L. The for
essn markets showed hardly any move
ment.
London's wheat Market.
London. Oct @.-Sowirg was In active
progress during the week but dry
weather II Needed. In the wheat market
early IN the week there vas extraordinary
activity in white and spring American
High fresgh's were checked By offers oe
Russian ard Danuosan shippers Re-
sellers made pro1ts in the decline which
ersJed on the American weakness. hu.
which has since rallied and /. now arn
and showing an advancing tendency. In
the market opinion IS hopeful thar large
proportion or the sdvanc. viii - retained
California wheat. prompt delivery, was
oaotsd AZ SSs. Hard DEIufh. old. Novesr,-
Der ara December delivery, was quoted
a. Us 81 FTcgr was Arm. American
saks-s' was quoted a. 5as 81. Maize was
aruer. Old nixet American steamer was
quoted a. las So. Barley xAs arra and IL
active.
BreadstuTs and Grnins
Liverpool o. .4-whsa.-s-,. c7r...
serra-5. rSor. No. ref spring. :. "A. Ne.
ha-5 Manitoba. nothing Quoted. No. /
California. - - Futures c.oses sa..
win near passion. I'D lower ard sts-
tart positions I'D lever. Business about
equally distributed. c.ctss@r. 40 go, No
vs--psr. Is; January. February and March.
9. sz@s
Co---Sqot. fri: American rrtx~. rev
"a -sa- F~s.Bres closed ssIi. with r~s-
Positions &d az &c 1rwe- ana s9sfart ,,ss.
tio-~ 40 love- October srs No,re~,A~.r
- ~. Dscern-r. IS al: January - ,sSs:
February. - -. Mares. u -.
s'lear-.S t~asy: demand. moderate. g,
r~u4s fancy siater - 81
Hops.
EoPs-U-chAnses.