The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-06-14

NEW YORK Markets.


New York, June 1.-THE speculation to-
day was OF the normal half-holiday char
acter. A general covering movement was
INDUCED In, which was stimulated BY
moderate purchases for long account, en-
couraxed by the more cheerful sentiment
regarding the financial outlook The mar
ket ease5 or soon after the opening. on
realizing, but renewed purchases were
made at tho low level. and especially n
the Granger group. The more encourag-
Ing crop prospects have attracted opera
tors 20 those properties and the highest
figures Of the week vera recorded for
them today. In the Industrial group there
were few changes OF Importance, aside
from Bay State Gas and Sugar Sugar
made an early concession. rallied IL on IN
side support. and then eased OF slightly.
The general market closed strong Ia tone
az the top level and with gains OF point
In q number OF the railway shares. The
share movement OF the week was frrega-
lar, the range covered heirg wide In many
instances Az the outset political and
financial uncertainties were rejected n
liquidation OF long holdings on fairly
large scale. and as usual the bears I'M
proved the opportunity afforded by the
prevailing encouragement The hrnness
Of the sterling exchange market and fair
lv large engaxerents OF gold Tor export
exerte1 Only passing unset.ling influences
Rssrnors OF an impending advance July
m anfh-acste coal prices directed aftsn-
fion to those properties. resulting IN some
sharu gains on uoderats transactions.
THE ret changes n the week are trrsgi-
tar ard slight, except II few instances.
The aggregate sales were 5000 shares
Railroad bonds were a~-n and higher to-
asv with the Reading issues active ard
scoring gains averaging i per cent The
advances in other bonds were less I'M
por.ant. THE sales were Ts~.s.o IN ire
vsex bonds moved IN sympathy with
stocks. but with less marked fluctuations
Tba dealings footed Up ss.sss.eso The gov
s---,er. n1nHs fiuctuate6 but slightly.
a-s were fairly steady on transactions Of
80 90.
1azf ua.ss. closing figures. the demand Be-
tn- chiefly speculative TIE aggregate
sales wers So, 90.
Exports and Imports.
>r-As rx,o-ss OF s2ecse from the part %
New York for tAs week amounted 20
g a. IS II gold ard s7s3.ssa IN silver The
imports fer the week were; Cod. S<,sS.
xgfTe~ - 81 dry goods s.. sSz-Ie general
merchandise s7.Ei.s1.
weekly Rank Statement
The weekly statement az the associated
banks shows
Reserve ......... ......-szsis2.sS
1r.ox ... ...... Es<asls
Deposits .....--- -.-...-. 100000 80
C1rrE laf3oz .-..+-s .+--. --t-~--- f4@S@
Specie .-...~......- 1880. $500 $1,000.
Legal ts-5erS $4,000 1.sis.7s -~..-...
-sn@ banks ha.a 81 8. 30 IN excess q
requirements.
TIE New York FSraneisr says this week.
~ he hank stAferHsnt for TIRE week end
sssx June - bad eeeu made 50 STOW the
actszf eouaitsaa 81 tire View York clssr-
~ nsuszs banks z5 - tss es0se % hus1-
r-xs SATURDAY * u gate Sronaoie ire IN
crease Of s. IS 20 = the reserve vcasz
Fave hs4u eliminated. "a part AZ least TIE
withdrawal OF s. sssss.se n gala for export
~ eass-gay's steamers WAS nee trcl71s-1
IN the ea~reEs staterse-s. All tas gain ID
na.s Sc therefore ros fair estimate TIE
.x.ss-u@n. does not sn9x, n MEASURE.
the conditions prevailing eI-ta< ire week.
srA rA~ large decrease n loans Resets
thA furry n stock exchange business CO
several DAYS since. Y = ne.sesanks trzt
r=onay rates Displayed temporary aa-t-
ass srFrFrr rna last twe 6sys % ire past
w@ez ard tAfs fsrt bears oszt the ASSEM-
ssoa that tAs sarxx we're ed 20 contract
.hes- ks.rs for the -Sason mentioned In
tsrto- rsrnlstRn-ee cnr.zz1s n heavy T1s-
aze. X : zossuc-sAy of remark LAzs -1<