The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-02-15

NEW YORK. Feb 1S-Today's stock
market was characterized by stll further
declines as a close TO q week that has
shown an almost uninterrupted fan OF
prices tn stocks. The shares 81 the iron
aud steel companies were rather more
conspicuous than any or the othsrs ana
fsil Of materially. though on rather ltght
dealings, through apprehension caused BY
ina DEGREES In the steel rail- Industry.
Tennessee Coal and Iron fell on "a under
the influence, ,ano AiQyis seq s,1oN =. =,
q. decline. With s subsequent recovery
az "a point and Colorado Fuel > The
slump in these shares had It's iuhueiic@
IN ,fepres sing the whole market, n Which
a number % other aiscouraElnS Factors
matted 10 cause prices 70 fail. L4qulda-
ZION Ia some OF the industrial properties
was manifest The resumption or the
hearings BY the legislative trust tnNesa-
eating committee. though Il wa& not N
progress when the market closed. had a
notable effect. a. usual. on the INDUS
trials in which lttfls support was forth-
coming. % Withstand the besrs
Tire week thus closed has belonged pfac-
iirallv 20 the bears, the course Of prices
being almost uutnterruptet1y downward
The railway list gave way StuoocrniF.
showing good resistance TO thu general
downward tendency. but being compelled
20 yield IN the closing Of the week today.
The outbreak Of disorders In Crete. touch-
Ing So &c does. the Eastern question. ana
carrying A threat % emhrohlng al the
European powers. has caused widespread
uneassneSs IN financial circles abroad.
"a hg.sh had been reflected here. The bears
IN enc New York stock market have ar
a. rs.afv resource Tor depressing prices
as long as the legislative invest gaf8on
81 trusts IS pendiDE. The industrial
stocks were snbte9t to bear Influence
vsffhoaf fnterrniS listen during the "A ha4e
vysek The complication fu me steel rail
Industry affected TIE iron and steel CON
r,anfas. though the number % shares dealt
in was small.
rarsas as a. important influence upon
revival OF business TIE lower prices have
tv,,-sra,s frY~raa sed business and TIE cor
srarss made which. e. - believed. are not
All AZ ne lowest level are expected 70
,r,rE efy tna rro6 net ard remove the IN
srfla ia the Iraa@. as VI tAe case %
reeent large print cloth aa4a whefe -
t,v-t,s i rpfsezrea 70 have hesa below fhe
s,sarasra tesa; OF production. and yet t2e
,trert on rhe trade IS most advaf1taa sce0Qa-
IRE railroads are also prcatlnS by the
vafueed price - rails, many ~ taFEn nav
Ing been practising rtgsa oconOsfsiees arc
a. "a ea{A hoIfIaE OF in their p'irchases
81 rails for some such break - ihlx.
-Tha week c,ased weak aid s4aEgis0
with railways sastaiaing losses sEsf.es
fes n rosuf The concessions Ia TIE
Srsszk IN speclalstes were not important.
The total sales Cor the week we're s<s.-
re kogd market surirg ere week vas
as,~9svrhat Irregular. b1t dee led under
80 81 strength nas noted. wnt1h = re-
@ssfaa IN nlEher values foT the pTtnci}aa4
investment Hsns. Purchases ~ foreign
s-ys 4~e@Er were or large scaie. win
Afrrfsaf anh Northsrn Pacific ISSUES n2'5st
-,~ernirerf. The sales were sS.l97 40
-g-5-s government bond market Vas gen
.a-a1f- Ar--4 and higher - a moderate tn
s,uIrv for investment Aeceunt. sales wuFe
$50 market ElHolayc6 further heavi-
-sss yyrsyFa- Further tcGuencs ard extensive
neuiaalson specs<ses-
Money and Exchange.
Money On .ca1. ncrnsnaliy llssf2 Ter eera;,
-.rgs,,.. mercantile psgRr. So ger cent
efrr.srz exchange. steady. sin actlla4
s.,.t,ess =, haaksrS' nfE.s a. 81 "a eAss foT
$500 as AZ 81 Ss4a SIS Tor sixty GAYS
,-,r-,v,srssal Bills 4STAa. eaE silver, sac,
SILVER certincates. t-A&tsc-
The Geld Reserve.
-rr.sav's statement e the coaafI4o9 q
,,.s s~,ssssrv safaws. AT42ltole c-asa has-
aaca. Sz.6Vs4 ~ sod reserve s-seitFs->ss'