The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-06-14
The STOCK Exchange.

NEW YORK. June ta-Sugar assorted
It's leadership IN the market quite enphat-
ical}y today aud the tone OF the market
was almost wholly dependent unon aevel-
opnieats, The obvious fact that there was
selling 70 take profits on sugar was the
potent influence in causing realizing sales
IN other stocks.
The consequence Is an average loss for
the day IN The prices Of stocks. There was
vigorous manipulation in sugar TO hold il
at the high level and even 70 raise that
level on the strength OF benefits 10 accrue
20 the company from the sugar schelul,
adopted nv the senate. But those who
have benefited by the weeks rise In sugar
argue that The present price represents the
Nalne 10 Tire stock from the Senate's action
and That the next influence 10 be taken ac~
count of Is iha conference committee OF
the two houses
There was some short ceiling IN sugar i'm
accordance with this view I'm addition, %
realizing sales which combined "a carry
the price down nearly 3 points from tha
highest. TIE dealings In The stock repre-
scented FULLY ope-fifth of The total transsc-
sions The fall in sugar carried down
prices throughout the list ana practically
oAlferated early gains except IN few in
stances, The Changers were GONNA raf5ve-
- Inactive and moved withir. very parraur
limits. bat closed with fractional net
losses week just closed Is the third
SHOWING continued aggressive strength in
The market has hen sustained all week
oy the aggressive strength ~ sugar grow
ing out 81 'hs agreement es the caucus ~
tra senate Republicans uron a stfrsr Srhe,
uic. which IS viewed with aupr0vzaE IN Inc
friends ct the surur company This being
the case x wRs natural that Ia whole
market should ave way - degree under
tire breas In sugar TO-DAY on -eallzirc
sales bat ne week nevertheless reure-
seMts as q whole another Sfap forward r.,
tire progress towards a higher range NJ
values which has been going on ever since
the senate TOOK az tire tariff bin and DEM
opsffaiei that 4 could dispose OF II with
reasonably proriptiyude. A most striking
feature OF the weeks market has heer ~,
comparative inactivity sut firranesS ~ Rhe
Granger stocks which strongly I'D the
during ire past week white other rrotlrS
tn the market were taken IN hand ara
- "ss'a' W - tfe't ssNct tne net changes
Showing gains and part LOSSES
The marked strength of she stocks %
iyu0 eora0auteS has been au Indication -
Improving trade conditions nr8 js afsyf
hUfAhie - the rise IN the price ~ 'YaY,
VIE fact ihat the iaFE~}V Increased zrisiYsfgz
lowed Ere brock IN the various puols is be-
ine succeeded ~ tusnrovlng prires *
taken as an encourasi0g sign. Qutte
feature tn gre market all the yscek 80
heen she aggressive strans-th xetapr, ssy- ne
low priced SHARES especially fhosa az re-
erganised companies. the preferred stocks
ss8&iDg.
Oregon Navigation preferred les4s the
Improvement 81 this class with a gain %
sT'he bond market DISPLAYED n very s.r,.,s-
soSs daring me week. wtiS she teallues N,
rauSs3erwbie volume The rr7avkef Wa
governed - u considerable extent bv ,aa
developments operating 70 enhance share
values. Purchases bv LEADING Interests ire
parted 2eeasieH innFfaS - the general ser.
Geary wigh TIRE tn1GfrY faF ttc Hens ~ re-
ergagsscG properties vsrN hrssk Travsass-
dams FOR continental account was tn large
vciama ANA included purchases ~ ff,a
more prominent international uortrsses
The CHANGES sU she wfofa ActlNe rSeoFfss s-as
were mainly untsGpurt 7Ht With xaiuz
- WvVsF. prevalent aside fFcn Atcslssar
- whtcN are or - PER cent. anE At~hses,r
a. assl Tssauf & UNCHANGED
Yrs aggregate sales ~esa So = 81
Government bonds sxhtaftess ~onst fsr-s hfs
frranesS and improved sFact3Qn8lty Ga
sskAs dealings