The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-10-25
NEW YORK MARKETS.
The stock Market.

NEW YORK. Oct. 3-Today's security
market was Intensely dull throughout
Tee only business dole was ~ pEotes-
sional traders aui this included some
selling for foreign account. Some Of me
selling represented The placing 81 snort
contracts by bear traders who argued
tnat the danger o. ne CUBAN llsoft -
tioa leading 70 strained relations Eitn
Spain Indicated that prices would decline
The Sunday interval before trading VIII
r. resumed made these dealers caut.Ogs
fvaure that NAV change the situation be-
fore that dav The disposition 20 restrict
operations for short turus A. very o5vl-
GUS ard the only movement OF prices
seems 20 BE due % protest. nal Iaulpu-
fart7us The fotai sales were less tEau
e. re shares. n figure lower than for any
Saturday IN months
The day. and closed with g small net gain
Union Pacific was weak, On tne oeuo-
casf unor the success % the FeorganiEa-
tfon ptan by talk - an opposition sy71i-
cate which continues % be 70 kea o. IN
ar fll-deanei way. losses were general
but reached a point OF over il Only few
TIE Increase - the surplus reserve q
me haaks of 8 go So even with me legal
reserves point raised by an Increase tn
deposits Nas not Counted taFoEt3ie Ia.-
tor n the stock market though 81 nat
trafv ter3s 20 ease the money market
ard 20 strengthen fn@ POSITION OK 1sea IS
tarhrf~7lIv Thu Increase 81 The hold
frns AZ actual cash was 3 Ga. fff the gold
arriving from Europe last Friday ana
Saturday being sxcl1ded The lsqatda-
ton az loans n che Ease ct t1ss easy c1a-
Sfsse~ reached THE large total az - So ssF-
ira er.fek movement u the grain croa
Naa Iss 20 cessation 81 demand FER
furds Tor tnar purpose 1n1 the interrHf-
ifo0 ~ the movement ~ ne GOTTEN crop
aefers the demand from trat quarter
Tra ~ffeaSa - tfe funds t1 New YORK as
A consequence 0f tEts condition has fe8
60 q marked easing oG n the money q zr-
f9sr4- ara ire farHnz oT IN tae demand
fer fznEs ga roe looked r~ in Wall street
as an altogether favorable or3ittgn of
the progress - business
II is r1r1owa6 t1s. a movement g CT
foot among New York banks 90 reduce
thn interest thar f-ev pay On balances
ca o2t-of-town banks from - lfs per
cert ThEs rcEs&ir31E ~ ne domestic
r-4rev mark = coup5ed wsrh scrr a2kf- <
verv rnf7cn ike strfnE@1cw tg the Herln
money market ewing 70 keen activity -
TIE business ar1 r. q st11en.1g 81 rates
tn tne LOuaoE market as result 20 e.
forts BY ire BARK - Enm.sr3 20 prevent
Sos ~er-fsr - the Ertre6 States Thees
sgo~rs consisted % raising the price -
borrowing largely. w,2 v~ - bring
F-e ID TIE ors- market rzEs - discount
- a par5tv wtsh shat = zee bank-8 per
cent T1e cpsa market rate n E-1ud1n
vsses~tfzv ars today had about rsacses
sHat rrg-e TIE f-cr6on rate = discount
kas crossed the NSw 1oEE rae. and sns
GfHrMrEEB EFr@& % increase. - EEAk IRE
present movement o z1sd rAs cone - a
s1ow an srt-e y the he&Ew Eras4s pa ianee
n Favor q t1ls c51r ~ Exchange u Gs-
frz allowed 20 accumulate az EtEs esrfsr
Exrsarzs bankers sex d4nand sfer1tr z
far future aee1uar az q rate wH3eh makes
b e~cs he % buy these eTc12zges EnS
borrow money On long sterling essEs as
&C aEHral unEA they Dat1Fs. TIE eject
"a fhe 50 re - thoagn Ec3d Cue % cred
tfarv r. thsH coEutrT we're pLa9e4 as ksEh-
- interest Ia Lon1gn- trst@st q being
tn nzrfs4-
Ftenss ave hser moderately actlve AM
lave halS tAet- a4NaE-ss mere Ernz}r
than sfocks Esszs ramNfnE u7 o : ger
cant Total z2Ies s. N ~