The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-10-26

reorzzn-zs;tor plan vfu hs uuseg By TIE
s-l-s--k : seczsleE1 % nos-EaEs shs sac.
- - - SENS e New 1crS CeaEEal
- = sss4Sf1Ays disaster o1 IS GinsE AZ
S.4-1oAlec . pgt sack the zlzrket Sni de-
-l-e1 A-4@ea rT4ces LzEoEgaC1f 1AH Nst Taa
$500 REtees t9- A1lsf1c2z securities -
--.1112l zr1 t1s decline n re prtee cs
la-tsa s-ztsS Is .sers e S4e. wsra sccS2.s4
- meaning taa- apprehension was sas-
ne az - he haTra .hag wcaia be done
tAt4eS - me threatened rapture. TIE
csen11s Sa9we8 marked sernrsas =. ire frs-
se1a1sl2oll44 stocks &1a tbs s2ec1zsEss.s. ard
- A9e2 LOSES & 3 poslE Or over h4i
Re 4lsl- There Was a ilI u TIE ACTIVITY It
Asal12TsaTL ard al nat tsrsa ssaa1vsng
q prices based On a nope that ne supreme
80 go ~oala sand down fAgeEaale GScl-
s.S1 Z TIE Nebraska freight rase case.
81 tAAs prices - railway property woEl4
t@E2 10 improve as result.
y sharp rally in Chicago Gas. OF ar an
14--lcsInert o. TIE declaration CT the reg
9-ar o3vs1snd. helped 20 steady the nsL
he Announcement 81 the governments de-
sAs4ol % apply for posi- p9IsYeat q tne
s4FeelasAre sale CT lie Cnlon PAcIfc and
Kansas Properties brought car enormous
E'{-lGassoa az Cnion Pacific seeks There
s@s 10 cAscE Apparent IL tEs liquidation
e Tan II prices, IS 4 resaIs Of thr Al
he1ncenent q the reorganization Commit
Tee, that + Intended hl1dsmE Ga the Daia
A2Ass y Z paid tire ElA amount ~ the GOV
sFnEnens's claim. Thls would involve an
increase o. sizn. million over the latest
upset price NGleA the syndicate guaTante
= insure the government. and Is over
WE'VE Isltoa mare t1an the price ExSd
a. me tine tie present reorga aria i0r plan
W4S agreed upon. The purpose OF the re-
oFG2n4z2rion COMMITTEES 70 divide the reor-
k414zat1o1 81 the Union Pacific main line
h8u the Kansas Pacific into TWO opera
tons failed - quies the doubts % those
VINO have spec0la ed IN Tuson Pacific on
the basis of the Hunt reorg anfzat3aa plan.
J he apparent lntenrioa OF the government
% rslegaie TIE whole matter 20 congress
aWaksns fears sIoass. the holders q
s1ares tha. delay VIII attend the compile
ten OF the reorganization The govern
ment second moTtga on the Kansas Pa
clfic for about 81. voo 500 is uapr0yidea for
ana the Reorganization committee takes
the stand that the government should he
@lio~ed 70 bid the properly IN II II IS not
willing 20 take the bid OF the company.
The fear that this would endanger the plan
C reorganization evidently augmented tae
selling The sales OF the stock constituted
ons-Slghth OF th2 total transactions .. tie
DAY.
sharp advance Of s in the actuaI rates
fer demand sterling exchange VAS fes-
taEe OF the day. and was a reflection or the
rising rate OF discount ia London and 0t
ire GiscoGntng Of accommodating sterling
balls here.
Railroad hoads were in sympathy with
socks Total sales were a.sloe
United States new * and the Is regis
tered were advanced Is.
Money and Exchange.
Money on call, easy at > per cent: last
loan, per cent. closed, offered at 2 Per
cent; prime mercantile paper. i437 per
cent, sterling exchange, strong and ac-
tive with actual business in bankers bills
az S4Sss9fAs So for demand. and AZ s.s2Ss
CASA for sixty days. posted rates. As4
4S3L and 81 Sss7s S6is: commercial bills.
81 SIT: silver certiacafes. 57I4a5sc, bar sill
yer Sc; Mexican dollars. 45c.
Government bonds. hrmer, state bonds,
dun; railroad bonds, weak.
Bonds.