The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-05-05
1Ew YORK MARkETA


The stock Exchange.
NEW YORK. Nay A-Several factors
combined TO give a strong tone TO the
market for stocks today and the upward
course OF prices was practically without
interruption In nearly all or the standard
shares. The day closed with burst or
animation and a buoyancy OF values
which has not been equaled on the ex-
change for many weeks. The bears were
fairly driven into A panic, and rushed peli-
NEIL 10 cover, prices jumping with each
succeeding sale.
Large blocks of the principal stocks
also changed hands in quick succession
for the long account. The volume OF trad
ing in the last hour was very large. sSpe-
cia1ly. though the trading extended gener-
ally through the active list. The sales OF
Sugar aggregated over one-fourth of the
total sales. which were 10000 shares.
figure in excess OF any days sales for
The immediate cause OF the buoyancy
was the reporting of the tariff bill TO the
senate. The properties Immediately bene-
fitted by the provisions OF the amended bill
led tn the advance, but the reporting OF
the btli today was unexpected in Wall
street, and the forwardness of the work
toward its enactment, where delay was
counted upon, gave an impetus to busi-
ness.
But the strength of the market was not
all due 10 the reporting of the tariff biH
The weakness OF the sterling exchange
market indicated that further shipments
OF gold on Saturday were less probable
weak at s4.ssi4. and transactions occurred
at s4s7 fiat. Bankers have not, however.
concluded not to ship. .
The market also received encouragement
at the opening for good prices for Ameri-
cans in London. though London sold some
thousand of shares of stocks here during
the day, which were. however. very wen
There were slight recessions from the
opening on some stocks at the close, but
the closing was strong and the days gains
were generally held and showed improve
ment In nearly every stock dealt IN, ex-
cept as above noted
Railway bonds also moved up on large
dealings. Business was fairy distributed.
with the market deriving ATS ch1er
strength In the favorable factors operat-
ing in the stock market. Aggregate sales
transactions in government bonds were
generally noted at slight gains.
money and Exchange.
Money on cali. firmer at ilsa2 per cent;
last loan. la. per cent: closed, l,2dl4 per
cent; primo mercantile paper, slsn4 per
cent: sterling exchange; weak with "a actual
demand and 81 s614 ssA for sixty DAYS;
HSs6l4. ssak for sixty days: commercial
bills. A s5aSa ssh; silver certificates. GOA
G6Inc: bar silver, seAc.
Bonds.
II s. 4s new reg 122izl Cen. Pac. 1stss5 102ls
Coup ...... ..l2212ID. N *. u. ss+-lygse
t1NeS reg - ''''-f e,af
Coup -. .......1lZ.sl Erie IDS 49,. - VA
Fours reg :. ..f10MlG. TT. & s. A. S.. 1o4
TSqgs r sapp .s n sat I. Cent 5sllsa
Ala class A-....lW NJ: n I. list As. ~
Slass g .Ioll Nut Union S.. .1oT
Currency LOO n. J. c. gen. IS. 1924
To new con 4s SslalN. p lists. lick
Mo Is -. loo Seconds 52s
n Car, IS ... los : p IS con.ois '.. 81, 81
~ N - a.lt
& oar non-fd. y S. f. deb. 5s.. lis
Tenn new 6s... So1zl \. 9: West ISIS "a
rives -. ..lo5. ST. Paul con. is. 1871.
IA ss -. 90 stL& IN. rn5s 60
"a Centuries :. s4l1lStL.& ST.. gn6s.1i1
Deferred .....- o lex. rae. ISIS ssss,<
At slnooa Z 80. slsu. P. lists Of 's6. io2i.
70, 60 DDS. fds w. Shore AZ. 1904
Go p r. IS 80. s9islO. r. e. n. lists. 1l2te
r. n Is 49,. 7siai Fours.. e-s4
stock Quotations
.,cbison -. :. 1otzlN. Y. Central :. 9a&
si,a., g. r n 81 lOntario a. W..
Pref,esredr : .1ia oregon Nav. :. 10
p q n In4iO s. L. & z. n. fs
G =: q Pacific -. SUI Pacific Mail -. 27k
60 So -. 4TIsi Peoria. ID. & X. ,l6aii@
csn pacific -. IA Pitfsburg ...i9IA
Ches a. Ohio . 1s@. Pullman :. .....l3
Chicago & A. ..l551T, Readilg 80. -.
, -, Gas :. SET Preferred :. ;. 1gis
con Gas -. .1szlsl r. @. West =. 20
~ ~ Z. g ~ L, 2s4 Preferred e.. 62ss
- cal q T. q fRock Island -. D.
cotton oil cert liz lSt.L. & SF.fst p =.
pei. & Hudson les.s St PauI -. ss9s
Del l.. & w. .lssFs. PREFERRED LII
n. & r. G. pf. s7is, s. Paul & o.. 80
lie I2ik So. Pacific. 49,. l5it
1.s % ,,r,ss ~ sugar Refinery. .1lTs
c.ea,ss -. :. IT. Tenn. Coal * I. 1917
~, yTaxne la Texas Pacific -. IS
NJ lis lTol. & q. Cen. . ~
- 4 NJ Is Union Pacific -. So
y, Valley. Il. H. 8 Express -. .
III Central s4lz ", . l. q r. So
r rf Fells-Fargo Ex-iN
rs W T4iIi Western Union ..T7Ts
Ii rrsrr..ss~reS :. "a w e. l.. E.. x
~ xhorf. leg Preferred ~
,@aSs .,s-s,s, 2zs5 MINI. & -. L.. 17is
Az d. & r G.. ...- az
- ikfCsen. Electric -. 5lls
l L . con ssss Nat. Lanseed. =. 70
~ ~ q. -. Is lCoi Fuel & T.. -
MsAh.' 1ent eslZ Preferred -. 81
aicA.r ss.s4s lg14fH x T. Cent -. -.
HN3ost,, e o.. :. Is tTolA-A.& y. n
M MOI a fshqff. SIS tToi =. L-& X e. ~
/ Mt Cor5agA FfstSssea :. 49, 3--TE
/ srasersed =. 90 =, y. 1890 -
= Cent. 49, stagl fie..tt 70 :. -. -
Var & W. uf-- = An. tooasco 80. ssHs
/ \. Am. Co. - - = :. ~
No. ses~eF 81. Com. Gable Co.aI5
I. p y. & O. / AZ 70, 49, sasslsS ~.
~ ~ ns4iP. G. C-& Tip a.
9. sssgar co. foeas Cotton Oil pf.... IS
ABB, Te4iz L. 3 Rubber ... t5lz
preferred lbs = t@AssAS7A - - 40
| Total sales.
fatal sales Of stocks we're 1890 shares,
l atl.riean Tobacco. 500
4 ~ a.