The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-03-08

NEW YORK MARKETS.
The stock Exchange.


NEW YORK, March e.-roiay's scock
market was again almost wholly In the
hands OF tho professional element. Inc
course OF prices was rather Irregular ana
fiuetuarng quite wide ia many properties.
Tht. res,lif OF the days trading left prices
about where they started. decline of
trivial proportions being registered A. the
close. The railway iist observed ne ,s,, ia,ss
grangers and the international stocks;
The volume OF dealings IN both 81 PauI
and Burlington eXceeded that 10 snksF
the usual leader OF the market. The
other high priced industrlals were COM
paratively neglected. There was con-
tfuuaffon OF the selling movement IN the
fast hour and a movement 20 cover sun
day by the shorts developed. The haak
statement was accepted as favorAo!s.
with the increase shown II the amount or
loans OF 81. 4aSo oa, indicating an increased
poses Under favorable circumstances
prices stiffened throughout the entire
list. The closing was STEADY ana the
average or the ret losses trivial The re-
xuit az the weeks trading showed an Inn
provement lu the weeks market, ana
higher level FOR prices. though the gains
for a portion q ihe week have not been
maintained Cnquesupnahiy ina most
important factor Ia fhel Improvement was
4hs issue by the Lake Shore OF sseee.eo
hundred-year gold bonds At fhe rate or
81 uer cent for refumdfng purposes ms
IL Is said was authorized and enected
on Tuesday. and the effect on the values
al Through the list % stocks was marked
and immediate. Lake Shore has aArsaoS
Jumped ten points 20 = on this fore
shadewirs % the loan The low rate OF
interest at which the bonds were hoatesl
ard the good prices a. which Trey we're
Immediately took. sent The whole street
to lsoking up the status az she railroad
properties IN the matter or Per cent
bonds maturing IN the next few years
ard which VIII thus Dc o.e Io3 -
atoms and consequent rsducaon or IN
terrsf CHARGES New YORK Central with
- 90 900 Of : per cent. bonds. coming aus
81 the aext I've years. ard With Us VEN
sarhflf control was most sn2fueei aAeiy
FYArtfd N yrnratAy with Lake saorc
Ia was found also that the New Jersey
Central has Aiso about t&eaVa. raetets1 -
ing hv 1865. North~sxtern. over sls0S.cas
n fsss So Paul an aggregate % over
g. &C go cue between nov snd 80
Louisville e Nashville. over 81 - 60 cue
81 ISIS. snd M,ohsssn SrnSIai' so -.
Due IN 1879 ell bearing Interest - pcF
cent Prsces tended unsrterFGpiedlY ap-
wagd b. wide bounds. ths price OK some
hish priced stocks being h3e up many
rolntx wfthnu. clicitinF any offers q ire
stArS TIE upward tendency vas also
secantuatea Av the disposition ~ sntie.-
paf- thc "inB ur2rRt boom. Wnlc1 81
.wassrs nave confidently counted rrca
-Ifh 80 5ncer,lnE os the new president
The general market came under the So
euenre of re8cgionnFF fena@HfT On
Thursday. which continued - the eu1 x
tho week THIS WAS parity 00@ 20 toe tasS
thst traders had looked vita corndercs
fo inauguration day - Gro q the riga
,,r,...,- sTd sh.v rraeee,ifa 90 take uro9gs
irhe rust paragraph n the presl sent's
f~atvt4rat address also cerr~szeG F5e
srlee ~ fhe tud0strtAts Loadon became
= hFaAv seller of AueTic@1 seEUf13tes n
tSfs market. estimated ~ .1ea shargs FOR
- venk Tease we're wei absorbed ana
the rrseex aere are rfssGE&1He3 81 POINT
Wis ths Iou6ca party TIE reaction
VS. rot car ns@te IN kUy EckaAte case e&-
f.sset those q the iu&ustr35ls and Some %
NE &nteraationals. G9hera we're &e2Wt
-, - shNTes scld an ere exchange otr~
a. sl,a wAek ard fhe Gels weS TcHaTk-
'aeF,- hr.r~sser .a Tns catEecS fer teTsiNn
Sr,s-,t,tzfs8Y, - hetter - result 90 TIE
weeks oasrN tsts-'. klneo0fSsesaseEa - te.t
,S,,~~ 80 srosaeets % EtzeTsl business.
80 ssree-.f<s - ths rev a3ksiHastrA taon
"a - =0e-tzl Improvement IN ire eGs"
fr~es cf railways. feature 81 rs Ners
-. a. sa3 - TIE Prise of silver frosa
$50 a. sunes - Sc. Tas Ia. Is at