The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-10-18
NEW YORK MARKETS.
The stock Exchange.

NEW YORK. Oct. Is.-Thsre was Moth
ing 70 indicate any urgent covering ~
short contracts IN today's market. slch
as Is very often customary az the close
0. a week Of a bear campaign. The day
market showed a firm tone during the
greater part Of the days trading, but tne
fluctuations we're very narrow and the
close was az small declines from the best.
These were In sympathy with a break OF
~ In Manhattan on short sales, and OF
point IN Chicago Gas. which was tne most
striking demonstration by the bears dur
ing the day.
BON rarties IN the market seemed
equally auatnetfc. There was good buy
frg IN the TWO leading speclalues. Chicago
Gas ard sugar. fhe former e9ga!ly a.
trlbuted 20 a purpose q inside Interests
20 acquire stock ard rnaneuyeT 20
sgueexe the shorts. Missouri Pacific was
offered - some extent. Hrooaaiy u syn
ustky with the drive sxatusT Manhattan.
Union Pacific also exhibited some degrss-
sion. On account q the expressed cfitt-
eissrss of the minimum hl1 agreed % BY
fha government FOR the Satisfaction eE
tts claim and the agreement 70 tbs fore
closure SUITS. Lcnd0r was = buyer On
balance today 20 5 small extent, ARD az
fordsd some support 20 the market None
% the leading stocks show fn1 poTtanf net
changes bur most Of these are gains
Experts have been watching the mar
ksf rev for signs tnat u ra8 turned up
wards again. Such > process has appsF-
ENTITY been tnzazuFate1 twice during the
week bat TIE upward course came 10 a
5ton wttn ms closing q short contracts
and The reaction resumed is sway The
Teae.tonArT tendency has n0w CONTINUES
dominant for month. and Jhs average
6sessns II that time Is about SIS maca as
waz The r8se n the previous f0Gr months
q THE bull markets Statistics might %
cited fer the proportions Of the reset i3n
% ne decline after previous great bal
markets bat presidents are misleading
ana Nzrlous The main fact is fhaf svea
Ia the fail tide OF conditions v EfeA tH-
frr -fFtf-sza fff Il
= invariably ire rule th1r 4 DacSEaF "a
swiuE occurs covering material psr1.
though nct The whGss % f1s advance.
TIE rafaS<torEi traders 500 cut taS-r
stocks a month zEo 81 the high prices.
ana theg a0r't care 20 bay aGain 50 long
AS there = q prospect & causing faEtaer
neg - ve@Az rrary hoIs@rs - stocks
who have basr persistent La holding on
Cor y ruru have become etszUSfed and
MaEt6ated q a large scale - save further
losa~ thus giving material ai9 81 70 tns
=. trade rsriewa al rapor. carftnuea
expznslsn n sh@ir lsnes. tne Improvement
lrs The &rgn sz9aaf-w 5srg ESPECIAL y
marked The 8.cgease r. tas n8tlcok e
% fror and tie GeErg4se - ere stocks
Indicate that tns rate % consumption
n&s Increased about = p~v eeaf since
TgEv z Further sEEsFE-Fs1ts - geld Tor
E-srscrt wers expsersa 20 Eavs been tuaHs
IA geek bit tHs purchases C. @xchznxa
IS aEsIusz last weeks erESssTus-tS
haTg kesf fh@ rsts g -AeE.atTe nAs9t@ re
import EaIzt. This has aiSo lowered ina
aAvarce q fbs uTtee - gold h1.lsnu and
~ tha rsss z re discount rates g. Lot
81- Para ar& BestLn- heavy roavs-
rvsrr % god before t5s HsazoZ ends -
l-saxssere4 izsvirzeae. Lond11 las Ger
ss-seS - Sc. Americas r. Ire &sw Ycrx
snarkes ard EkSs week HEa ossE a hszvAr.
TIE sEz&s stEfsnsrt - 1sptEE1 esr
ssews a ksIzrce &C trade for ne north
- favor ~ tEss cn4Esry q over ~ 80 =
- ia movement q cotEos. JUST gain
fnx sa1 fs1z e expected 70 give 3 hsavy
raszrrs FER GsfcxssT - .12s 1o1zsryss "a
va- Il IS 70 - enEne 60 E1tr1. however.
tFat TIE i5w 1gkSe CT cotton pr@vALlnw
al .zzks : great G.1e-s=.Ge * .hs