The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-12-20
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NEW YORK MARKETS.



day. some very sharp net gains are the
result exceeding 2 per cent in some %
The srecialiles, over a point n large
number Of leading active Stocks, ana =
sharp fractional gain throughout the list.
the rise was alTnost wholly the result OF
professional buying. outside interest," III ne
naarkeI oeinS a. s.ana ,,aa y gu, py
and the bears covered heavily.
Prices Of Americans were higher IN Lon
don this morning. that center having De-
come quite perSi%geui8g haIftSn CIT tfN Oft
look for values In this country on long
turn This melted an advance IN the IN
ternat.onal stocks from the opening Inc
spscialtiss were next to snow strength,
Manhattan becoming buoyant the be-
hef taAt the conditions imposed upon the
underground rapid transit project by the
appellate court will be III effect rrohioitory.
Local gas stocks enjoyed the benefit OF a
rufnnr thai differences had been adjusted
between the interests seeking an afualgi-
nation of the gas companies. Sugar was
aiSo quite buoyant on covering of shorts.
But the incident that determined that one
OF the general speculation and awakened
a general buying movement all through
the list was the report from London. after
ward shown TO be erroneous that over
half million dollars In gold had been
taken from the Bank Of England for ship
ment to this United States. which had the
effect Of dfsstpating some Of the fears OF
traders IN securities.
IAs weekly bank statement. with the
large decrease shown In surplus reserve.
gave only a momentary pause 10 the up
ward movement. which was then renewed
and continued In a huoyant tone to the
close OF the market Much stress nas been
laid upon the governments announcement
that Ii WOULD begin the redemption of the
currency SIS which mature on January !.
on December ~ az promising an offset 10
the Withdrawals from the money market
On account of the Union Pacific payments
II Is, however, pointed out that consider
able portion OF these currency Is are now
IN the treasury as "A basis for circulation
and as security for government deposits in
banks. II is not likely that these Will
be offered FOR redemption before maturity.
and II they are, they will not relieve the
situation. There has been. In addition.
outflow of currency from New York TO the
South IN the last three weeks. which is
unusual at this time of year. and promises
10 accentuate the temporary scarcity of
money here.
Foreign bankers express some skepticism
regarding the gold engagement. in view
or the prices of exchange still ruling. The
governments trade statement for Novem-
her, issued this week, shows this balance
increased stlil further In our fayor by over
go, which makes the balance in our
10 December e l. s2ss i5 % The 'ssea ruling linz
price of exchange is known to be highly
artificial due to the leaving in England
and Germany. at interest of millions of
Under the influence Of the higher rate for
money exchange rates have declined dur
ing the week. and there has been a cessa-
ton OF the investment demand for long
sterling. That there are great sums Of
money in Europe available In case of
need in this country, constitutes one OF
the strongest factors in the money situa-
ton.
Bonds went up and then went down. like
IL most issues. Total sales. sl5.5a0dn.
United States SIS have declined - bid. the
new As coupon "a and new As registered Is
bid during the week.
bonds.
U.s.new As, reg. l2a,%lN. ]; Cen. IS ,..ll2s
New Is. coup i29as North Car. ss les
Fours. reg ...uS Fonrs -. .....l03
Eours. coup ..llfa.lAor. Pac. lists lis
Fives. reg =. 1iit5i Fours 80. 80. s5,s
Elves. coup ..n4tsiN1 c.. Il Stills iosta
District aas ..iGaA Nor. Il West 6s 1z59A
Aia.-tiass los n. W. consois ..isil4
Glass . loo or. Nav. lists ....llis4
Afehson Is 49,. 8. or !. l. Is. t. i rl 81
Adj. Is ...-.... si7si Fiyes. I. T. 80. 9S7s
Can. South, 2ds io7t2or. I'm. lists. / riois,
IAN, Pae. lists :. lpac. Is of 80 ..102ss
chi. Terminal ~ Ewes, [. =. 80. AT,
Chee. Il Onto 5s .it2ss Reading Is 49,. ST..
G, III. IL ID. alas ia4ss n. q. W. lists - s-ss
ID; Il. G. lists. ias.e y, l. 4 IM-C.5s. $
east Tenn, lists. ilo1z ST. Paul Con LIN
Erie Cen Is -. tSt.PC. Il P.lsts.i22
Gen. EIee, Is ,.lea S. {. Non-Fund. '' I
@ II 4 $. 4. isles So. Ry 5a 49,. 9iJe
Seconds 100 Stand. Il & \. Is 59ig
II 4 4 Cen. 5s.ll2is Tenn. new set Is 9ls9
con. - ..s.....inTA T. +. L. q. lists ON
< + con. /. r. 8 Union Fac Pa lists ,6 a..
KFis, up. t;r,l II IT'D; ! G.ls,s .
I. & n. Uni. is. ST. Seconds -. -. Sla.
Missouri is .... .iao West Shore & 1tln
NJ. X, Il T. Eds. t3,slva Centuries -, ~
y. y. Cen. lists ,il9
stoeks-Ratlrnads.
Atchison -. -, 13alChi, Ind & l. .
Preferred b.. S34 Preferred . . 81
! Bait N ohio =, iSas n. j. Central -. 80.
Canada Fac 49,. S1s3N Y central 1a1Sc
Canada South Jan l. i {. 81 T. fgt.
central Fac go. lea ist preferred . IS
theS. 4 Ohio 2l7~ I'd preferred 49, 81
tht- 4 Alton in Nor. West $500. ISt.
/ thl-. u. n ., p. ga Nor, Am. 60 .-.. ~
tni * T.. III 12}e Nor. I'fc ...... e1TS
c, G & K 81. l.. 1i. Preferred e.. 49, e07.
Preferred =. ~ tfpnt 4 West - U.s.
Del 4 Hud ii2s4or Rail & Nav az
pel. l.. s. W. .lsa,<or Short Line Is
psn. & r. q. 81. iis<l Isiltshurg o.. les
Preferred e.. bts Reading ~ - 9aE
IRE re ,ns sslrr a. s Ro'k isla9d 49,
Fort Wayne IsS's Is, preferred . ~.
/ G.. Nor, pre- $50 "a preferred , 81.
Hooking Val ... g, ST peni ~ 49, as
| Illinois cen ,....ietA Preferred fte
l.. ~ = q West - = 81 Paul = ON
Louis i15a { Nash Is i South P = & NJ Il
Manhst'ap /; ,a5 So Railway -. ~
aich. Cen ,-.... iasae.Tex y pae 100 i7Is
Mion. Il s. T.. sas. r'nicn par al,
>, lst prFfg .55 p u. & G.. y
Mobile 4 ohio X Preferred IL.
NJ +. & T, 90. las Wheel. x l. r. :
Express Companies.
Adams .... .,...IS Tinted States a.
American =. HIS iWeIls rarxn r1s
miscellaneous.
An Cot Oh -. - Pullman Pal ....f-e
Preferred .. b. sSss Silver Ger *
An Spirits 800. - Stand. Rope q r a.
Preferred - sugar ..-. ..-....ls<ls
Preferred D.. III Tenn. Casi s. T.. =
reopsc@ Gas 80. - L : Leather
con Gas -,...-.fSgs4 Preferred - -
com Gable Co -i7s 4. s Rubber -. Is
= Pre f..T, : = wessts. e I.ston
,sss, t.iectY3c - Ssfs g.l,i O. W., -
f3lbtaiS Steet soc t1s4sClal. 4 y West fe}s'
Ia Clede tsas o. 4azs Preferred =. ia
Lead .... .-..,.-. q II. q. W -.... =
f'rafe ryet .- e. hIf- Preferred =
Nat I5n OF -. so. s. /. n $ W q.
or In, - --..- ls2z. Preferred =. CO. Y3s,
Pacific Mail ..-- ~
Total saie<
Tos&i sales o. ssoeks today were IL 80
sesFvs tnc'i&lnS
l.e,s1svsgte = Nashville .,......-.,..-.. s. -
Missouri Pacific -..-.-... .........- -
Nm jersey Central ..-....-.....-.... rs
NaTgherG Fs7tar .-.---.- -.......-.... 80
Northern Pacific ~. ferrsa ..........- ~
: F&ai ..tte..-' .''-.---'.-.-,...-.-..... II -
Fs}5~2s-e tsaH -+..%-++..~ .---.-.-..... -
People Gas ,----.,.. ......-........ -
The Hank Statement,
faerease- Izer@sse