The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-08-12
NEW YORK MARKETS.


The Stock Exchange.
NEW YORK. Aug. 1.-The only inter-
rupuon 20 the Gpwarl coarse OF ySices II
stocks today was sfsse 10 occasional prant-
taxing BY roam traders. The offerings
with only mgmensary halt after which
the rise was resumed. During the morn
ing the influence % buying for LorScn
aesount was evident. arbitrsxe brokers
taxing AL the interest shares quite freely.
i.oadon prices also came higher at the
opening. bat before the day was over
they had turned seller sga.n. ana Il Is
were boushs. The effect Of this selling
PAD 10 appreeiahir effect on prices. The
iew-prtced absres Of non~diyidend paying
stocks were largely bought by Londoa.
ana were favor.tes also in the local spscu-
iaiion. the argument being that such
stocks are bound 10 advance II ths prom
ise ct better times holds good, and II il
does not they cannot receds far.
Union Pacific was the fAvorits IN this
class. AID was the leader OF the whole
market in point Of activity. 5i,.0 shares
being bought during the day. The stock
was helped by revival of an old story
that the Forthcoming foreclosure sale
would make the road part OF a great
franscontinentas system under one con-
troll, The stock was heavily bought by
profesEonal traders for speculative az
count. and closed ~ith a gain Of ia points
for the day.
The excitement ia wheat was reflected
m the stock market. and there was a
large eiement in encouraging purchases,
especially of the granger stocks. the grain
carrying roads IN the Northwest. West
and Southwest all showing substantial
gains and great activity. The dealings
nous proportions. and the Atchison sa-
curities and Northern Pacific preferred
were also prominent features. Reports
from Western points were Of increasing
tSsTr7 nd 50
crop and oe the necessity Of great exer-
ton tn the part OF railroad managers TO
avert car famine. Statements OF earn
inSs also continue encoura, ~ng.
one OF the features OF the day was the
steadying Of the sterling exchange mar
kes and the consequent cessation of talk
Q, gold imports in the immediate future.
The stiffening Of the discount - .e In
sales here OF London holdings OF securi-
ties. are probably responsible for the
check to he fan in exchange. CONT
mental exchange continued weak and
downward. The inquiry for railroad
mortgages continues heavy. and reflects
the increased confidence In the general
situation Issues OF reorganized proper
ties forged to the front. and purchases of
middie-grade liens were OF large scale
The general market maintained a very
strong tone throughout. The aggregate
sales were x.zse. COO
Government bonds were slightly irregl-
lar on dealings OF $20o0n.
Money and Exchange.
Money on call. frmer. lGlis per cent !:
prime mercantile paper. a4atH per cent,
Sterling exchange. steady, with actual
for demand. ana at Asta5 az for a six,y
"a ssisG4s7. Commercial bills. sia. sil-
yer certificates. Sfi57c. Bar silver, ssisc
Msxical dollars. 42i1c- Government bonds.
,hslsxaaaa; state oonos' oaii' rairoad
ooAoss suohS-
Bonds.
II es rag e-tID e. II e. 70 1yy
ro.,rs rec 1iiA F,ris aas ~.
yours coup Hep iass u, si n B. a. IS , ,ar
New q conp .f25S, III q r Cen. Is iiaas
Ffves reg sv'p las. sizes esh. "s.I ,ss
Ffves. coup ..1ls4lt.. & y I'M, As. Nfs
Ala --faass 4 isg- gaconS a cs,r
Class B I'D Nut, Union Is liz
Class g ....... 81 y. j. Cen. G. s: ill.,
Ia New 3o,. a. az eecanda IA
Nissnt,ri e. ,W | rso,,rs ee-ss
60 ss iss ~ w S,,r.,ii -. .
Eor~ ia | = aah gs ~
San Find ;s,l Ore Nav u'' , 81 iiir,
Tanr rev ss & s1tl Eos,rs s.tf
Ftv.s - lax n q " lea. Taits
S;xa- Ss pa,r 60 e. ,s-1-
old ss - 81 g g. p " 5s liz
Va Can.,,r,e~ GA. 81 4 &. IN n e ss
T1asarrad q, = q g n - - Y,ztt
atehisnn e. S-sAl Soss,h ~ X atff
Sa@cnd 4 ssz Ter pa Ists 49,
can soath .de 1Fx s@corss .g-ee
& p fsts Of 'a faif4i Il p lists of ~ fat
y. Il. g. d =. 50 ! West Shore Ia LOB
Observation-Disclosures.
a.c.,so, ,.s.i xew Am a. chi :,
Preferred. :. :. a, Preferred -. -. q
Bait. q Ohio =. IL. =. J. Central sss
Canada Pac e.. ~ y = Centrai ig!
Canada south a* y. < c K ST L. LA
Central Pae 49, ia Isl preferred =
Ches> & Ohio -. zls7 zd Preferred 5sss
Chi. & Alton ...lS ! Nor. West ...:-
Chi. Is. e. y -. - North Amer. 60 -
Chi. & r. III. =. 81 North. Pac $500. 49,
c. e. q. A ST. l. 81 Preferred !. -. 5eA.
IsreftYred =. =. IS Ont & West -. l7ss
Del & Hud ....ff9 Ore. r. A. Nav j.. -
Del. l. & ". ..1S Ore. Short Line. ia
Den. s. Rio G. >. fefx Pit.sburg :. ....fse
Prefers Cd = :. y / Reading -. ...... asts
Erie snesrs 49,. ISL Rock Island -. =
lsi ure,rTred ~ ~ L. * = r.
r. "ya 80, 10, =. Pal - 80 s s.
Hooking tal =. Preferred :. 1s2i.
Illinois Gen .....i9I 81. Paul & On. 50.
L. l. d. West - u Prsferred ~
Preferred ia -. r. NJ. 81 NJ. II
Lake Sn3re .-.-4lshe Soutn FAC .--... ia
Louis. & Nash. saAs. south. Railway 1lA
Manhattan Il - Prefsrfed sss
Met. Traction -.l2zA7 Tex < Fac $3.50 i@7s
- = IT'S ..1.1H = &C csss.- Ia
MINI A So L. ga L. z. ID. * IT,. -
LIST preferred - n "stash 49, -
MlssoUfl fas - 90 xlFeisTfe1 - ts.s
Mobile orio-. - "aee.. < L. e. -
Mo, b. T. - ls.~. rfeheffea %. -
PREFERRED - ~~ti
Express avn fssnies-
Adams x fI-vsted States A.
av-ers~ara lis wells Fargo li9
g., "a