The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-08-30
sfver bars s..-- ~ Draffs-ssgAs &
lex dolls --tflsU4sa Teiexvzpa
Mining ssoeks
NEW YORK MARKETS.


NEW YORK Aug. zs-Tne stock market
Ma1e remarkable show % zsrengtn
1Sallg kke = hole ltss tegsa.rg xteadE.y w.
ward Wssh scarce a halt There wRs prc-is
saklnS a. Intervals during TIE morning
bttt TIE sales 20 realize we're akzo~ss4a ~ :
g1lp xILh scarcity an lmarazzsga. aF.a tEs
b1SfsE reSzngEG ard Kept I'D steadily untEs
TIE close Sharp advances tn the prices -
AnisEiea1 secarlises N tratlng save re
is4ps&4s % prices al the 0pent1g AEsl-
TRACE brokers also bought some u the L.
feTIlsgiozlSl stocks This buying WAS nor
cf large proportions but az least ons bang
ZIG L2EAs nof regularly engaged Ia ARID
TRACE dealings = known 70 have besr a
34ter for account Of farelza iaFsarcIrs
The see-szw effect II the decline e. Wa
vas again manifest today and the crop
damage scare OF last w~ez as dssrlacea
% renewed confidence II TIE Yields u
wheat and the safety of corn The Gran-
seFs Ssre lssgeiy deais in o. shs strength
y this factor. est they uorea over sorls-
what Restricted range o. acc1unt o. J.
izans sales. walch effected 70 very marked
Feactsoas.
The week Ia the wheat rnarAef has sen
tsa almost total asatszen5 q tke crop
damage scare when excited pressure on
prices 81 last week Egsn see gassca-
L9n Of the governments weekly crop sssi-
mates on Wednesday, with lis tlnfae3raols
VIEW o. TIE condition o1 the cgtFn cF0p ard
the Yield q spring vi eas. onsy eTecEed 4
ct, geIsry rsass,oa aad that not e large
tended steadily lpxAri az weak Ths 20
Isl average decline Ct The previous sex
WAS easstssated on Monday ard the weeks
nss has carried prices 20 ths top level es
tie movement a detailed analysis &c
some OF the railroad reports showed that
laeEeastd earnings weTe due "a nach %
ives -Oount general merchandise AS to
sast-hosind grain srsfTae This sncreasa ia
general freight business and The reported
growth OF telegraph nUss8ess were made
the expansson Of the general hasiness In The
country. This sentimental esfecE o. dollar
wheat wsA no small factor In sfYpctlrg Ire
resumption 81 the upward movement IN sns
sock market. A feature OF The week has
been TIE reduced yoEaue Of TRANSACTIONS.
fnls the reaction In the middle 81 the
wsek hroaght OFT no large offerings -
AgAidate On the other band. the sharp
advance en- Monday and sogrs other DAYS
we're on a total volume OF Transactions
only about oae-thtrd AZ large Sc some DAYS
during TIE resent period q Creates ao-
A number % stocks have attained prous-
snesce during the week Missouri EA~snfs
and Chesapeake & ohio are Ire moSt note
worthy examples. and today Omaha Was
added 70 the list vith a sunp OF 3 polnts
u the hall days trading. The fact thas
the money market in New YoFk has be-
core easier during the week - hard 70 ex-
pi3ln In view ~ ire continued lner ase IN
business acEfVisy all over the eaunsry. The
failure Of the money market 70 hartan Is
affrt51fed To the fact that The heavy re-
trsnehusnt and enormous n4uidstion
which has been going on fer months Ia ew-
cry department OF business have left large
surplus funds avRliahie az Interior posnts
as weii as tn New York Tas plethora 81
money i the eanse 81 dsFerriaw the gold
sfnpoff movement. rates for money ruling
htghsr IN lie London market than here,
Net gains Tor the wsek equal or exceed
two points IN a very large number of
shares
The bead list was strong throughout
Total sales weTa 81 80 e1
gaveF--1ent bonds moved onward ! to
= during The week o. sAies u only 81 90.