The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-05-04
xEw YORK MARkErA


The steck Exchange.
NEW YORK. May a-There was
greatly improved tone in the dealings In
stocks today and they held appreciably
nrmer. The volume Of trading also in
creased somewhat. but IL Is still exIraor
airlartly small This rejects the increased
confidence Of stock markets concerning
the gold shipments 70 Europe, fears on
this score having partly aba1ed. The fact
that new engagements for export were
made today with actual business being
done In demand sterling for sa.Sst; 10 the
pound confirms the belief that the gold
export is not the result OF q national def
icft, but a special demand for gold. inyoiv-
ing the payment Of a premium for IL
The closest estimate that can De made
shows the profit on gold shipments 10
cease when demand sterling falls TO s., IS.
The fact that a premium must be paid Tor
the present gold shipments Is coming 10
business operation profitable 10 the coun-
try and as a healthy indication OF the
abundant supply q gold in the
country making ii. as the oesi
such as that of austria at present, with
RUsssa and Japan also strongly attract
ing gold, all this demand being for correct
conversion purposes Although the lni-
ted states treasury has supplied nearly
all the stock OF gold for the present move
ment the movement of gold into the
treasury ntinueS at apparently the
same rate as for some time past The cur
rent government receipts also are in ex-
cess OF expenditures. because OF the heavy
irnportarions OF dutiable merchandise to
Anticipate the new tariff bill
While these importatons serve TO make
the exchange situation more adverse.
their benefit 10 the United States treas
ury and as 4 consequences safeg uard 10 the
currency, is viewed as a compensation.
in part at least. The fact that the price
of gold bars and American eagles was re-
duced in London and that the Paris rates
for sterling exchange rose slightly has
also given rise To a belief that there may
be only a small shipment of gold. or none
at all by next Saturdays steamer: 1t re-
mains to be seen whether this hope IS
justified.
London exchange was also favorable
factor In today's market. Gains ranging
from / to Ia occurred and fractional
gains were general al through the list.
the railways closing AZ near the top prices.
The closing was firm. and with the excep-
lions noted, net gains were general The
bond market displayed increased activity
and there was a general broadening. A
number of the unusually active SHARES
participated in the speculation
The changes lacked consequence, DaI
decidedly firm tone was apparent Ile
aggregate sales were As1. 0e Govern,
ments were pressed for sale and showed
concessions of a fraction In the more
active issues. Sales, $4,000.
money and Exchange.
Money on call, easy, at 1lsa2l9 per cent. !;
last loan, 2. closed llzN2: prime mercan-
tile paper, 3iz@4. Sterling. exchange:
bills at S.s7Lq4s 7fz for demand. and at
81 sal. IA S6lI for sixty days: posted rates,
aHGfssis: commercial bills, $500. Sil-
yer certificates, 6liAc... Bar siNer, ole'
The Gold Reserve.
Today's statement Of the condition Of
ance, S2Sl. %, 221; gold reserve, sliJ,eu'SS'.
Bonds.
As. new coup. .i22izlD. & r. G. IS ...1o9ss
Elves, reg .112IsI Fours ...... s.sz
Ewes coup ..l12fsl Erie Ids ....-.... 6zls
Fours. reg -. .ll0s4 lG. II. & S. A. Is .1o4
1 T%os. req raap ill., 4 Cen, IS. pc
Ala.-Class A ..1m NJ X. Il lst As :. go
Glass G .lOi 1Mut Union SIS .10I
Currency :. 100 IN. j. Cen. c.. IS. lu9111
La New Con. Is 80 lNcr. Pac. lists ..lles4
Missouri IS .:..1oe Seconds 49,. Ia
N; Car. 6s ..,l1 fpnrs ,,,,.:,,;,.
s. c. Non-F'und sI s: F. deb. 5s ..Iis1a
Tenn new set SIS soszlo, r. & n. lists. nS
T Ttyes :. -.....i r. Cur 9. w. lists ;.. Is
Old IS ......... 60 Isl. Paul Con. s. 1S2is
Va. Centuries :. 6 c; & r.. Y s. n51s
Atchison Is -. 1szlst.L. & S.F.G.ss.1 III
second a -. 44aiTex. Pac. lists -. Ss@s
Ga sani s9stn & zas So h. p iSts Of as. .lo55
T. n Is .... 7esslWest Shore As ..1Oels
stock Quotations.
A.cbison -. 1854 N Y & n. E.. 81
A ADAMS Elk -. $50 lont & West =. 1874
Alton e. r. H.. IS Ioregon Imp ;.
Preferred lOregon Nav -. 10
American Eek liz 10. S. +. & L. \. Is
Bnit e ohio -. n1slPac. Mail ....... 26st
ca cana Pac -. ssA Peoria. d. & E. Y
Canada South 4G Pittsburg .-.-.le,
csntraI Par n. Pullman Pal ....156
S-Sae e ohio =. Isl. Reading :. ...... 17ss
Cht e, Alton ...1Sgr Richmond Ter :. :.
n & o.. ia PrefeNed -,
C Cnrc@ Cas- gag Id preferred :. - 80
= %, - g. 81. l. g7s4 Rock Island -. 62s
So1 coal e :. asistL & Sis p
Cot Oil Ger va 81, FauI ;,.-.'''-, . ~
Del. & Hud .lAsHl fInief,ea ,.'l sS,e
Del, l. e. W....1LAiSt faul q on 30 sa's
ID. & r. G. pre-. ss} raSte I - ''.4,pg
r,-io 1stzlSugar Refinery HIS
= Preferred :. &i9ITenn. Coal & L.. ISL
preferred Cd :. f1AlTexas Pac -..... ga
Eor, wavne 100 lTol & o C. pre-. 80
CT Nor. pre- LIZ MON FAC ...'-- % s7s
2 ~ 4 r. u Val p.e. IL Wab. St l. & p "a
iiiin%is Cen Preferred :. =. ia
st Paul & Du.. = Meils-f argo EA.ie1
7 y e west :. IA Wheel. & l.. E..
- preferref s. Preferred -. -. ~
1dLa sbora = lie iMinn & st. L.. 1917
Lead TRUST 49,. 80 - y 81
Alhany liNai L.nseed %. 10
~ cor SsSs Col. Fuel a. I a.. 1Ri2
Mem. a. Chastn. u ftei ~ e 80 - %
Mich. Cen ....... -. q T. zen ~ 80
Missouri Pac -. sss roi.E "a * NJ
Mobile K Ohio. ~ i2i-osl+ * -, ,s,f
Nash q Chat - 90 fTT.sF1eu :. 80 ~ ~
Nat Cordage 90. >. 30, y ~ .'''''.' os-s
Preferred =. fFe. r., :. -. es.sEE
" j. Central 49,. m. IonaSco - 10
Nor. & w. pre-. z - tI 3 = -
North Am. Co.. 80 an q. ~ y. - ,ssz,
Nor. Pac ......-- ~ an 7IS = -
Preferred ., =. ssas 49, * ST.
L p. D. & c.. i.ot. ~ pre- -. %
T. :. I.eath. pre- ss.s IN. splti,s ..-.- 49, 49,
o r G. y. pre-. W. Tste ,,, - 49,
Com. Cable Co. ID =; . AuynsF -. = .
Northwestern ..pnN3 - r, - "
Preferred .. LIS >-'L-S' * E%lsts. 80 .
y. Y. Central :. -
rrofaI sales.