The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-01-10
Financial.
Silver Bars 49,. CO.. Drafts. Sight Par
lex. DOTS. 53iz45f Drafts. Te.ag'h. Par
NEW YORK MARKETS.


New York. Jan. 9.-Today's stock market
Is best described as a waiting one. The
volume of business underwent a consid-
cradle shTinkage, and there was an absence
OF the recent excitement. Prices did not
move uniformly, evideacing the fact that
stocks We're being dealt in subject 60 spe-
cial considers tons affecting them rather
than upon any general dominating inf1u-
ence, such as the war talk or the treasury
situation. At the same time easy money
rates. a weaker tendency in the sterling
exchange market and encouraging de-
creases In estimates of the amount OF gold
10 be shipped 10 Europe, were factors in
the speculation. The sentiment prevails
IN the street that a more or less definite
understanding remains regarding the
treasury measures between the admins
tration and powerful banking interests.
Late in the day rumors were current that
pressure was being brought to bear upon
the president and Secretary Carlisle 10
have the interval Of time for subscriptions
abridged Tho first batch OF blank applica-
ton forms for subscription 10 the new
bonds was received at the New York sub
treasury and was quickly exhausted. Re
quests for an additional supply OF blanks
were forwarded TO Washington City. For
obvious reasons definite Information re-
garding the extent of the subscriptions is
not obtainabie. Almost without exception,
however. Wall street men believe that in
ability on the part OF the public to secure
gold a. pay for any considerable proper
ton of the 800 ZOO. 600 issue Of bonds viii
compel the treasury 10 avail itself of the
syndicAt e's assistance. 1t Is also generally
believed that this assistance will be forth
comlSg when required. Some significance
is attached I'm this connection TO the ex-
pressed belief at Washington City that ex-
ports OF gold In the interval before the
closing OF the government loan viii not
exceed about one-sixth OF the free gold
now held by the treasury. Gold as a com
modify Is still dealt IN at premium OF
about y per cent. Share prices showed
material gains IN many instances, partlcu-
larry in Sugar. Tobacco. the Vande5silts.
Coalers, General Electric. Rubber and
Lead. The movement was somewhat ir-
regular. The closing was dull and irregu-
lar, but at general net gains, which
in some instances were material. The
bond market displayed irregularity during
the greater part, on a decreased volume
OF business. In the late trading, however.
prices generally moved upward under the
leadership OF Northern Pacific issues, the
thirds rising per cent. 10 e.. Dealings
were inauguratei In the trust receipts for
Union Pacific ss OF '9s and 80 az 95i4 and
e6i5. respectively. Dealings In governments
aggregated only 5000. The market was
featureless, aside from the new as. which
advanced Ia per cent on the first call. but
subsequently receded to yesterdays clos
ing Government bonds. firm: state bonds.
dull; railroad bonds, firm
Money and Exchange.
Money on call, easy at 5d7 per cent; last
loan, 3: closed, 3; primo mercantile paper.
Gao per cent Sterling exchange. dun and
lower, with actual business in bankers
bills at ASA G4S9 for demand and slSL
Q4S71s for sixty days; posted rates. si.Ssl9
4Ss and $4s9ikG490: commercial bills,
ssa- silt-a- cert Ca taa E-lLa-l.n