The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-12-17

nTm ali day a. per cent, until the close.
Wa~a there were transactions al per
Cent he Union Pacific REORGANIZATION
gr,nr q e today paid into the saetreas-
1rs &SS9 IN cash. the credit balance
- .n2s rs slfgsion at the clearing house
II IS the general belief in banking cir
8 per cent. before the era OF THE YEAR.
and may rule higher. The accumulation
o. FUNDS II Anticipation Of January dis
hursenefsts OF dividends and interest will
MAKE further demand on the money mar
Aes Bankers deprscate the idea that
1nere rs any StrfnyeEGy In money in pros
pect. IN view OF the fact thar the govern
amount OF over sas.tsoee on December
asfore the next instailmsnt is due on the
Union Pacific payment.
Rates for time money for the shorter
periods were marked IN today. as well
as those for call money the quotation be-
ing s1S44 per cent. for sixty and ninety
days. Although there Is still some move
msns OF currency 10 points IN the South
and West. the stIHenirg Of the money
rate here was reflected IN a rise OF the
rates tor domestic exchange on New York
from interior points. The rates for ster-
Ing exchange also responded sharply.
se So s' 'A aS ana Ae'uai rates
There was a very clear indication Of the
resources az command, both IN the large
cities abroad and In the abundance OK
money IL the interior, deposits being re-
ported 20 pc unprecedented in volume
xestmsnt AZ the highest level known.
both deposits and loans OF New York
Gearing house banks are at high-waier
ss--55. 1862 900 and the latter to $50. -. so.
The loans include less amount Of time
loans than usual. and now the banks have
rather light holdings of commercial pa
loans is the largest on record The cali
ing OF some of these loans has apparent
~ pat some stock exchange operators 10
inconvenience. but there is nor yet appar-
ent any very strenuous demand fer
money 1t Is the opinion of Wall street
that large operators about completed the
taxing OF proii,s yesterday and are ready
for decline. There was some further
evidence of liquidation today. and little
evidence OF support outside the Coalers
and one or two specialties.
PriceS or many stocks rose al one time
above yesterdays closing level, but all
weakened before the close. The extreme
cecineS IN a great many cases were a
point or over, and in some cases net losses
exceeded point. Sugar was the prin-
cipal center of depression and closed l@
lower. Selling for London account helped
on the reaction.
United States IS were Il lower bid.
Money and Exchange.
Money on call easier at eggs per cent:
last loan ?; closed offered at IA: prime
mercantile paper. 3aSt per cent. Sterling
exenange weak, with actual business in
bankers, bills at AA7sa4-s5 for demand.
s4.ssQi.s4 and $4ssd4.s7; commercial bills.
&1ia. Silver certificates. ssss Q57A.c. Bar
silver, sac Mexican dollars, 45l.c. Gov
eminent bonds easy; state bonds dull;
railroad bonds easier.
bonds.
U.S.new Is. reg .1aass4N. J. Cen. IS ....li2ss
New Is, coup .l2sst North Car. IS LIB
Fours. reg lib Fours -. .....i03
Tours. coup ..llfslNor. Pac. lists ..la
Twos, reg -. s9t4 Threes 80. go. eeA
Elves. coup ..liils NC. 4 st.L Las. Ss
District 3 Cos ...11si Nor. & West 6s.l22
Class .......1s n. W. Consols ..li4A
A:a.-Class A los Deb. IS ........ll7
Class .......loo Or. Nav. lists Hex
Currency =. 100 Fours 49, 49, ssit
Atchison Is 49,. 80 Or. s. L. 6s. I. r.I2ai1
Adj. IS ........ 5sIs Elves. I. r. -. 90
Can. So. Ids ..l07 IOr. I'm. lists, {. r.I0I1z
Can. Pac lists =. :. Pac. IS Of '95 ....f02N
Chi. Terminal :. 46ssl ELVES. [ r -. 4SIa
Ches. & Ohio IS. 112is Reading A. -. ssit
e, III: * ID. iies .1o4ss r. G.. w. lists -. S2A
d & +. G. lists. .10st2 StL. & IM.C.5s. SSH
Fours -. -. 9olsStL & ST .es .1i9ls
East Tenn. lists .l0aislSt Paul Con .l4iis
Erie Gen. Is -. 7251 ST PC & Plsts I22ia
W&D lsts.t.r. 70i2 Elves .ll7i5
Gen; Eles. S 100 s. c. Non-Fund. !.
G: H. & s. A. ss.l los SO. Ry. IS 49,. eiis
Seconds -. .l02 Stand. r. & T. SIS sqi%
II. g. T. Cen. SIS .1ieis Tenn. new set Is 9iia
Con es ........Ma T. p. L. G.. lists. s7A
Iowa c. lists 49,. 80 Reg. eds $3.50. 294
K p. Con t. r. S. Union Pac. lists. f0es.
k.Plst ID. t.r.li2 up. d. 6 G.1sts 4s
La Sew Gon !s.lol Wab- LIST So .....1oIA
l.. q n. I'M. 4s = Seconds -. 81
Missouri S. loo West Shore As III
NJ. X. d T. DDS. e3szIVa. Centuries :. SSH
FonrS 49,. -. sba. Deferred 81.
y. Y. Cen. lists .1l9,.
sEOurth aSsasapant nnfd