The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-05-25
NEW York MARKE ETA


The stock EXCHANGE.
NEW YORK. May A-Today's rally on
.ae STOCK market was attributable 10 the
asclsson OK the supreme court in the inter-
state ccmnlercs case The market had de-
Seicred strength iast week on the ru.nors
regarding this decision. but II sold OF
AGAIN this morning before the decision was
announced. In all the early dealings the
nand OF the professional trader was plain
~ evident. The morning was given over
TO depression on account OF the report
,hat she maximum freight rate case would
not ne decided by the supreme court until
Idia, tha decision in the interstate COM
irce case being also in doubt. IL is an
Illustration OF the Inconsistency Of pro-
iessiouai traders working for short turn
In the market. that in the upward move
nent mat resulted upon the decision OF
ponenlent OF The Nebraska case was Offer
Ell as ouli argument on the ground that
the lower courts injunction stands ana
VIII stand until the decision of the
court in October. II Is also pointed out
that the special aim OF the Nebraska leg
islature 10 correct the law which was in
contemplation in the event of it's validity
being denied. will now be avoided
The gold shipments announced for to-
morrow, amounting 10 g., &GN4 also had
a depressing influence in the early trad
ing. as the amount exceeded considerably
hna' had been anticipated. Thera was
also news OF further shipments in contem-
plation for later in the week The sensi-
tiveness shown by the exchange mar
ket to the offer Of bills against the
gold. offset. 20 soma extent, the had effect
OF exports Lower prices in London also
had an influence on the early heaviness.
and the renewed attack on New jersey
Central affected the market TO some ex-
tent
A degree OF buoyancy and animation was
impaired 70 the market by the supreme
courts interstate commerce decision This
Is understood as the most important decis-
ION IN lis effect on railroad values, since
the trans Missouri decision.
Inc early heaFsneSs had carried down
pretty much the whole market. The clos
ing was strong and buoyant and generally
at the top prices.
The bond market ruled moderately ac-
tive, WITH a tendency towards higher
prices, which became quite marked In the
closing dealings among few specuiailvs
Issues The gains generally did not exceed
fractional limits. while Atchison ADJUST
ment IS We're conspicuous for a gain OF
ments were dull but showed decided
strength In the late dealings.
The Gold Reserve.
Today's statement Of the condition of
the treasury shows: Available cash bal
ance. s2Sl ape; gold reserve. sli4 7o4si2.
Money and Exchange.
Money on call, easy, at 1Aa1is per cent;
cent: prime mercantile paper. 3irI4 per
cent; sterling exchange, actual business
in bankers bills. s4s7d14s7i. for demand.
si.s7al4.ss and s4.ss,s: commercial bills 81 IS.
Silver certificates. Coz. gsesse.
honda.
U.S.4s. new reg. l22s. c. P. lists OF s5. .IasA
Is, new coup. .l227s n. & r. G. IS iesss
F Fiyss r reg H. Ils rI Tou rs ss
Fours. reg .1l05s G. II. & 8. A. es.lo7
Fours. coup ..ll2t. sevens :. loo
Twos, reg -. 90 Fl. Il T. Cen. 5s.lio
AIa.Iclass 4 10! NJ. K. T. LIST Is :. 50,
Glass y .......105 Second Is 80. 5sAs
Glass c .......l0. Nut. Union SIS 10.
Currency 100 n ]. Cen. @. 5si067s
La. New Con. is rs Nor. Pac lists ..liT1s
DOL 50 IInossIK Seconds =. -. 53R
Fours :. 49,. ioi n. W. Consols ..ln,s
s. G. Non-Fund ~ S. F. deb. 5s ia
Tenn new set 6s 50 o; r. & n. lists. Jpn
n -ees :. ..... r. G. W. lists lists. :. =
Old IS $500. GO st. Paul Con. s.la4
Va. Centuries :. 6iisl G. & r w. rs 1854
Deferred :. 90. D.. St.I4. & IN. g. IS ss
Atchison Is 80. sil. st.L. & s.F.Gss.1is
Second 4 80. E7siTex. Pac. lists ssi3
SO. r. r. SIS -. s9lelU. r. lists OF '9s. us
l.. & y. As 49,. 7aisl West Shore As ..IosI
stock 0uornsiona.
Atchison :. 49,. 1olslN :. N F. 81
Adams Elk lbs Ont. & West 49,. 1884
Alton & r. H.. 60 Oregon Imp 80. =.
American Elk ..lls ., $. l.. q r. n. 1TTs
Bait & Ohio -. 1915 Pacific Mall So. eSiz,
Canada Pac -. q Peoria. d. & E.. =
Canada South 4i;s Piftsburg =. ....1s2
Central Pac -. sIsi Pullman Pal ....ia.
Ches. & Ohio -. f6l. Reading =. ...... ISL.
Chi & Alton ...i5o Richmond Ter >. ..
G.. r. & O. 49,. 1885 Preferred =. -. o..
Chicago Gas -. s2ssI R. 6. w. ........ l2,a
c. C. C. & ST. l. 90 Rock Island 80. sis.
Col Coal & L. & S.F.1st
Cot. Oil Ger .... 70 st. Paul ........ 747s
Del. X Hud 1ot Preferred =. ...is2i.
Del. l.. g. w. 1851 St. Paul & ON. 5sis
n q r. g. pre-. ssb4 Preferred e.. ...1S9
DIS & c. +. Co. =. South. Pac ...... 49,
Erie :. ..,....... - Sugar Refinery .Il3a.
Preferred D.. :. oSa4 Tenn. Coal g. r.. 1ss.
Preferred "a . 1917 Texas Pac ..... 81.
Fort Wayne ...1s2 Tol & q G.. pre-. -
CT Nor. ERE ...12n Union Pae $50. ~
G & F. III. pre-. - Z. $. TX -..,- ~
Hooking Val -. ga wab. ST. T.. & r Ar
Illinois Cen 49,. sS Preferred 49,. fas4
s. Paul 4 Du.. 9 weIIs-Fargo FIX lo2ta
Kan. & Tex. pre- III West. Union ia
l.. f. a. w. -. 1917 Wheel & T.. f.. I
Preferred =. 81 Preferred :. "a
Lake Shore ...-1s4 MINI. & s. H.. ie'5
Lead Trust .... 2f@ y. A r. q. ...... ais
Louis & Nash. s5as Gen. Electric 80. 3ii.
L. e. " Albany Il Nat Tdnseed -. y
Man. Con ...... SIN Col Fuel =. l&2
Mem. a Chastn. y PrNerred 80. ~
Mich. Cen ..a... ~ ! IT. q I. Cen ,... =.
Missouri Pac -. 1914 Tol "A. g. y NJ.
Mobile e ohio. II Toll St l.. & K.C. 81
Nash & Chat IS Preferred -. Ish
Nat Cordage :. -. So. II. X ........ ~
Preferred . :. T.. Preferred -. 80. e
y J. Central 81. III, Am. Tobacco -. 7eia
Nor. & W. Pre-. "a Preferred log
North Am Co. "a Am 7. A. c. co. a
Nor. Pac ....... 12z. Am. Sugar pre- 1esl.
Pre- fer~ed . . sfss Am. Spirits ..... fei.
L u u 4 c. u Preferred . - -
l.. < I.aath IRE ~ rec & St.L. p -
Com Cable Co .isA Cot. oil pre- 49,. -
O h e y pre-. e. T.. s Rubber -. -
/ Northwestern 1882 Preferred =. ... 69r.
| Pr ferred d. .1s4i4l Sis. & Fists. o.
| " Y Central -. saw
Total sales.
| The total sales Of stocks today were
] 1856 shars,E incluain~.
| American Sugar .-.......-...-.-........ ~
Burlington ---~.s...- ....--.-..s..s-.--. % -
Manhattan -...-.-. -...--~.:--..--.--.- 80
| Northern Pacific preferred.-.......... -
1 Omaha o. -
] h1%k Island ..--.ss.-+..-t.-.+..- ..--ss.- SfsN
I St. F8Ak ~-*t-sss'' z
| Western Union OBSERVATION-DISCLOSURES +. -
J New Jersey Central -.+..-+.-..---.s.--- -t.ts
General Quotations.
| Flafir-T,xporfs. . re- bushels: dan sn1
J alzn11s steady. winter pafeufs. "a 500 =,
/ winter st-aixnts. 81 9sfFss -: MinnssotA ha-
4'neat-F{eceipts. 81 -. exports. ~ ~
| fs7saeels. spot. dan ana weak; options
/ opereS firm on stfoRE ca1ies ard -
I ported crop damage. hsit destined later isu-
Z DER acttv. il1uIta f40u. lnsiuc~a By aFnsH ex-
/ mort business and avgaa crop prospects
/ closed taft.s},y easy 10 IN Ne net lover