The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-01-06
NEW YORK Markets.
The stock Exchange.

The stock Exchange.
New York. Jan. s-Afte- an Irregular
penfng the stock market today worked
1arpiy downward. material losses being
eneral TIE unsettled feeling abroad.
wing TO the possible crisis growing out
: the trouble in the Transvaal and sug-
eStions OF continued delay IN the an
louncsment and probable change in the
Method Of dsspos1ng OF the issue OF gov
rnment bonds. all had influence in de-
reSsing prices. The final sales recorded
uses in the Changers. The volume OF
usiness was above the recent average.
ne share speculation OF the week was
regular, with a downward trend. The
Egregate volume OF sales was only about
4ual TO the dealings OF a single day in
ne late panic At the outset, on general
ntScipations OF the speedy announce
lent OF the treasury relief measures.
here was a sharp upward movement. in
aich the Changers were conspicuous.
the day proceeded and nothing definite
-anspired on the subject OF the bond IS
lie. less confident tone found reflection
sales OF stocks for both accounts. re-
/. llting in loss OF the greater part OF the
-evious advance. The depression was
creased by steady selling for London
I count, and by apprehension that the
ransvaal incident might be followed by
. pOIIlC1l CTiSlS IN Europe. OtneT I'M
n ward and distracting influences were
tive in the call money market, q max
nun figure OF * per cent being recorded.
nd the strength in foreign exchanges
ties leading TO the shipment of sl.eoo. 600
: coin. incidentally with the reports OF
rye importing orders for the precious
FETAL and local sales OF initial premiums
tnging between q and Ia per cent. AS
result OF the weeks trading a majority
the shares were lower. including North
est preferred 215 and Western Union ~
r cent. The aggregate sales were 74l,
shares. The market for railway and
lscellaneous mortgages today was slight
more active. considering the limited
4 ssion. Weakness predominated- Bonds
the week were quiet. the transactions
]oting only s., 49s 900. The market dis
\ aged a sagging tendency, with the
/ Mon Pacific issues especially weak. for
l lvious reorganiZatio reasons. The re-
sssions were material in many instances.
overnment bonds were irregular for the
eek The final call records a recession
per cent. in new Is as compared with
le closing of a week ago. The net
hanges in others were unimportant.
side from Pacific es of 80. which were
per cent. The total sales were the
nallest for long time, only 5000. Sill
ar certificates were neglected. tranSac-
all, railroad bonds weak. government
)nds steady.
Weekly Bank Statement.
The weekly statement OF the associated
anks shows:
Inc. Dec.
eserve ................. -, SiVlVVJ ...'.s...-.
Oans ................ .......... $l2,sSS.SO0
)ecie .................. 1.Si0.5oo ...........
gal tenders ...... .......... 3s9.lo0
eposlts .............. .'''.....,, S'f'3'sVV
regulation ..,.......-. Io,-1 ...'.'.-..'
The banks now hold SO, 779.6 i5 in excess
the requirement.
The Financier says: The statement of
clearing house banks for the week end
January contains some rather sur
Using features. The heavy POPULATIONS
loans due 10 the furry OF two weeks
as shown In the preceding statement, but
Q contraction may be continued, II the
port for the week just ended accurately
presents the situation. The decrease
the five days ending January reach
I the unusual figure OF So, SIS, s00 making
total shrinkage In loans In the past two
eeks Of s24 900. The total loans have
so fallen So, 900, 600 since the LIST OF De-
mber and have shrunk So. 900. 900 within
past four months. Part OF the con-
action for the current week has been
perhaps to the January dividend Pc
Il ID. which occasions great deal or shift
of funds, but the total Is a surprise.
e deposit item naturally shows heavy
4 ling off, the loss being nearly 100000
II the week. The item OF cash holdings,
N viewer, does not seem TO have adjusted
sIf To existing conditions. 1t is known
at the receipts from the interior for the
4 elk exceeded the outward movements
at least Sc. 00o, 900. The treasury dis
II sements were also heavy, and the log
,fs fnf ~ In
N rease in cash by the banks. The total
III the week was only s2,00o, 900, mainly
M Gle. whichsjs being gathered in antici-
II Ion of the coming bond Issue. The
NJ tement as a whole is difficult OF inter-
n tatiou, and IL Is meaningless In some
II more important items. one fact. how
N r, is plain. The New York banks have
Il money in their vaults today. taking
al statement for the current week as au-
III rity. than they have reported since last
n I'll. after they had paid heavy sums in
III scriptons 10 the bond loan OF February.
Money and Exchange.
n oney on call easy. at 4ll5 per cent: last
n 4. 8: closed. per cent; prime mercan-
nj paper. efi9 per cent. Sterling ex-
IA nge dull. with actual business in bank
n bills at stSs1. S9ia for demand and
|, 81 AG4ss for so days; posted rates, sass
81 and si90a4 90ts; commercial bills.
Exports and Imports.
~ ports of specie from the port OF New
-oI for the week amounted to s5T. 034
\ Il id and S92S. 119 in silver. The imports
~ Gold s12i.s71. silver So SIS. dry
ooy s2,793.sZ7, general merchandise S.
~ ,
Bonds.
:. 81 Is. new reg .1lija o. r. 6 y. lists. .i02
N " As. coup. .ilila c. r. lists OF IS. 100
III -es, 1928 d: & K. G. Is. ITO