The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-09-22
NEW YORK Markets.


a. arst glance, sscns out q proportion,
rat a more careful scrutiny win reveal
shaS asve 4nesrgo1e tAs -aost marked
advances Thai TIA rnov~Insat Q.
TIE market today is a natural
sress toward Improvement ln b1,sines. ard
inG1srrys q 0oyloas A sustained upward
course % prices ASS b>sn unchecked until
Z has reached al unreasonable vsluasioa-
MANIPULATION By powerful 1Daretsl inter
ssts Is oas thing thai had daferred the rs-
acton.
Another thing has bean the continued
nls1aora and cheapnsss q aaansy. lnvlslng
The Cntfnued speculation IN tie natural
aat orderly course Of shinsS Z was 20 De
expected that the expansion % business
wonld ahseEb iale rnqney and make !. more
weeks PAST have infected tie certainty
that such a rise IN TIE price o. money was
Approaching. TIE marking up Of cal
al hiEa lsvsl todSsy. erystaiIszsS INTO ce--
tAnsy the Impression IN many minds that
prices or stocks were excessively Etgh g. q,
as consequence. tie demand today fell
Below ne offerings 20 sell Iners was
spasnodic and Intellectual effort shortly
a1ter ths opening on the part or lie bull
contingent TO check the decline. but i was
apparently abandoned and the market W s
left 20 Itself until the heavy Liquidation
should exhaust ITSELF This seemed 20 have
CONG 20 pass az about o'clock. when ire
Earke, became duh a. q decline ranging
heavy rsalxiag of1ers encouraged sgIas re-
newsd ouyias. and rally. extending 20
the Rsn "a n syga aaf Stors he eloss
70 the lowest point Of he day.
There is reason 20 behave that the rise Of
the call MONEY rata was rot entirely free
OF concerted action IN the marking % Of
the rates Tt was noticeable that M sharp
sti1entng OF the money rate did not result
Ia - great fan IN the rate OF exchange
- Ia n
rate "a London was rather easier, which
was not 20 Be expected IN the face O. aLay
There was an invita- ion 10 manipulate the
money market in The report which has
been given currency that one of the heav-
iest bull operators WIS., under some prssSlre
IN carrying a very heavy nns OF stocks
There was disposition also 20 make
much OF reports OF an ulstrnatuIn from oar
government 70 Spain on the Cuban cues
don. Many commission houses have been
advising their customers 20 sell. and their
offerings came upon the market. some et-
fect was produced on the stocks OF Trans
continental lines by Attorney General Nc
kenna's opiaio1 against the validity OF the
discriminating duties against foreign goods
imported through contiguous countries
Tia. there was heavy sailing for short ac-
count also was quite evident. sni standing
order. TO sell stop-ioss on decline were
uncovered in large numbers. some cover
Ing OF shorts at the decline he!ped the
rally. Such are TIA factors n ne day
liquidation Is found n the enormous total
OF the days sales which reached $4,000
shares
Dealings In railroad oon:s were heavy.
the par value o.. the sales reaching g %, 90.
prices declining n sympathy WITH the
weakness OF the stock market
United States old Il, registered were y
lower bid. and the now Is were = lower
Money and Exchange.
Money on call frra, at slss4 per cent?
last loan at ~. closed sAd& Per cent.
Prime mercantile paper, 4a4A: Sterling
exchange, weak, With so &C. " business p
sad 81 s s Tor s ky sss i Postsd
rates, 81 sSis..4 s and "a s5is94 Sis Com
merc.al bills. SASHA. slveg eerttfcases.
Govsrnnert honds-EEzisr.
STATE bonts-pulL
Railroad 6onds-Weak.
Beads.
Us new .s.ues. ls53AN J, Cen s. --,is
Foars. reg .--.ll.ss Fours .......-iessa
Fours. coup ..L4 Nor Paa lSts .-lzls
Twes. reg -. g Threes -.
Tsves. reg Il4S Foslrs 49,. 80. %
p strlct s5s ..,ileis Nor. & West. IS. 20
AlA-CIass A Iii IN. ". Ccnsols ..it2ls
Sl Gas. .. :. or s Sus. i :i;.: II:
AS GfIssSc! : :. - or. o $ |. &: t.r1is
Adj Is g3Axt EtFSe. Z r. FtSA
Can. South IDS. los. or. I'm lists. L r.les;a
Gan KS ' t4ss = Fac. IS q IS Ia
G, s 0aIo S iii.s Reading a. $500 50
= n : q = ,s.s 10; siL, Z IM,lc.,ss %
Ess qa5 Tenn i.;s.,ss 81 Psai Goa lbs Il
Erie Gen Is -. Ia SIP. CAP. ists-!ls
NV z DIsts,t.r. IS klves -. La
Gen. Flee - 400 g Non-iand !.
. Fl. g. :. A. s.. i.Sa5 South. ~. g.
rs = Ger. ss.iss Tenn. new Get = 8
Coz Is ........i.s n ?. 7 q. ists. e.
Iowa c lists ---- Sc Hz s1s 80.
EP'1sf Is p. airs -P. .. & O. lists Era
f.a- New Con IS = Nsh. isg IS III
e. \ mi a. So Seconds . -, Ct
n sour 6 no west shore 1, ..1ass
81 X r. acz ss7s Va. csnturiss .. sTsa
Fonrs 80. -. sssz Deferred
\. \. Cen ists.is
Observation-Disclosures
Atchisor 81. ..- Isl Se~ Alb. q chi. 1854
rrefeyresa :. :. 81 Preferred . =. 3.
FaIt a OHIO -. = -. J. Central -. -
f~a~asa pas -. TS7s ~. y. C&ntrAl ...FifLz
CSuada South "a -. 7. &. a -. l. IS
Central Pac -. = Isl preferred .. s
SsseS 4 OHIO -. 24As a preferred -. -
81 4 Alfon la Nor. West e.. -. -
EhL q 4 .. =. stzs NortA An. Co..
CO {. { 4 s.. L = P = a 80 =: 6.
FsreFer~vs - - So On a West .... g
TeI a. Had ....I1s7a Or. Rail s. Nav. -
Del l. s. W. .-1ss'a Or Short LARs tsAe
Tean. < r. g. =. Ia Piffsearg ..1sS
Preferred s. hea1ing -. -. -
Erie new -...-. Es-s ft0ck Aesan6 49,. .
ST vrse.-~na - as. s. l.. & s. r. .. -
Port WAYNE ...18 Preferred e.. -. -.
c. %oFta- pre-. Is -. PAU ..---.-.- stAs
fgr,~kfnr Val -. s. Preferred d. LIT
Iaiaels cen ...-1ss. St Paal . On. ss,a
T. r 4 West :. = Prgrsrre3 lis
Preferred o.. - - p, %. a A--Ak@ss
Lake Shors .---f@ soutn PC ..-.
Lis A. Mash $50 south. Railway III
1anaafrsn 4 f16 Preferred 81. 80. So
e. lrect.1r .Iz1ss '.-rex. 4 Fse -. ~
sfsoh Central ..is5 E1en Pzc - =
NIan- & s. L.. q =, - = Co. -
Isl preferred .. s. Waonrh -. $500
= sSfIs !. cSas5.. 5 ThesL 4 T. e. u.
- h Il 2 -. Is< Preferred :. 49, Ia
Pr ESzE<4 &s+s
Express Companies.
Aearnz 49,. ..-~1ss r-ritsd sssf-s - q
4 $3.50. :. M fWssis Fargo LIS
MfsceIlaneeHs.
An. CT oil -. - fer- Irp CO -.
Es@se~va4 80 .. = faclee &ail ..... So
.rsr. sersts :. lsss FfliHasa Pal ....i1sas
a. Tcsseca : -. ssan4. Rope q 7. e.
E,Tssersea - $50 - .-+.-.-s%s1s
- % ~ Tern. cal e Z. "a.
80. Cahsa ia 80 4. = Leather -. ~
- Fu~s a I . -. PregeeFss5 .. - 81
r,refsrrss = - 81 4 4 Aasas-r -. ~
90 E'~<frze : go IFsferrsss . - 81.
fls.soss sfssi - 80 West. Cs1ca zee. 81
Ia -as&s Gas -. = - mests -
Trzse-rr5 d. Ia FsSterrs1 - .-.l&
@-r- L-Z-- c. = - -