The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-10-21
NEW YORK MARKETS.



NEW YORK. Oct sa-Tcesyts market
EecEe<s vw-v mach as though 81 esI2Tt sals
being ZAGS % test i fssT rise A45A2 =
the professional craas~s have concluded
thzf l29azaaEEoa has zhsgf rz&n rs course.
and t&ere has been a cessation q re neAr
campaign Opinions haAga 64tTSFe1 among
the professionals as % whether sen1atAss4s
81 tAs stocks market Ers ready f0r Sus-
taiEeA advance IN prices again Tie bears
made ar ae9EtsVe sE1orf early e TIE cay
70 r2id the market ard directed al a.
tack against sugar and GSseagc Gas tae
failure q RE raid encouraged the bulls %
aggressive seton. and there were mira
tI0zs g tas rsappsaraces u the uaarssE
OF soma e the large buying interest,
Th4s professional rgyiag carried prsces
aQ. advances tbTOUg boat he list ra1@tas
from I . 2 posnts. BAT ire bulls vera ap-
parensly satisfied via = sEert tRru, aud
taeg commenced 20 sell 10 realize 2x0a =
about half Al hour before the close. Thts
carried prsCSs down - some cases below
last nfght'S close. ard where net gains
are made trey we're n almost each case
fractional TIE success 81 The bears s. .
frustrated IN part owing % TIRE special
strength n Sugar ard chicago Gas. an0a
walrh they relied to work syua 2atas fte
decline IN the hslaaea q the list. Sugar
vas stFnEE On the 4eC1sssn % the treasury
department 20 bold patcA rerned sugars
CGn61Ll1uaIiy Mabsa 70 tn c0unrerNa Z
duty. wafeh applies % imported sugars
upon WhicA an expaEt bounty - pa83.
Chicsgo Gas derived strength from re-
rors az a compounds With the threat
elf1 c0upeEt Ton. TIE mari eg showed eoE1-
siderable increase % activity. as Gems ared
VIII the last esw DAYS. bgt was stiil al
most purely professional L9n0on changed
from is rsceat attitude and Sold stocks
here Additional reports q railroad earn
iEgs for the ssco14 week n October al
show handsome Increases. 2nd many
vague rarnoTs were afioat Ok stin more
striking improvements % - shown IN
statements not yet issued The large
movement - cotton along lines recently
released from quarantine restrictions vas
shown BY reports and gave strsngth 20 the
railroads affected.
TIE exchange market continued Arm ard
the local money market easy, the snaI
Withdrawals q American ea giss from the
Bank OF England for shipment 70 New
York pot being considered % Importance.
Some business IS berg done IN the placing
OF loans On long sterling which is n e.
fect the lending CT money abroad. ms
naturally tends 70 keep up the rate Of ex-
money market ard the large resources IA
hand By t-tsrtcr banks. owing to the large
payments Of debts following the crop
movsmsat. are the Inducements for thus
cefeETtng the movement OF gold shis way.
Bonds were strong Il sympathy with
stocks. One = COO block # Union Pacific
collateral trust notes vas sold al 81 and
another block q i50.aoo 81 the same price,
vancea !. bid. and The IS coupon declined
= bid.
Money sna Exchange.
Money % can steady At 98gzs per cent. /;
last loan ~: closed &4s2z4 per cent, prime
FElercau lie paper &F9s5@. stsrl 'ng exchar sc
arm wish actual business in bankers hills
az AspaG4 S4ts for demand. ard 81 81 g
ga SEA for sixty days; POSTED rates s4G9
ts2is ard 81 -. commercial bills 81 g1Ia
Silver certificates, ssGeac- Bar silver.
bonds stro.g' state bonds dull: railroad
bonds steady.