The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-02-05
MintnE sseess.
NEW YORK MARKETS.
The stock Exchange.

Hale 4 NcrcroSs- Id.
NEW YORK MARKETS.
The stock Exchange.
NEW YORK. Feb. 4-The stock market
lacked strength today. and showed de-
esded tendency 70 SAG IN spite or some
sss.a1inaiv very favorable factors IN tae
oatfs7k The weak spot was Clearly
enough in the Industrial group, but the
sTect through sympathy On the rest OF
the list. was sufficient 70 neutrahze the
encosrs ging influence. snd as result the
market closed on plane q fraction lower
than last nights closing. Sugar was the
center 81 attack. the decline being SUD
fected 70 nearly al the unfavorable tn
fuencs q thu day. One % these was the
apprehension Of action directed against
the trusts IN come o. tile states that have
recently adopted anti-trust legisl alton
Sugar was also the victim OF special APP
prenension Of adverse changes IN the i'm
pending new tariff. and Was bombarded
perSlstently by the leading bears. Insrs
was a lack OF supporting orders from in
terasts which ara usually conspicuonSly
active in this stock. AS q result there was
heavy dealings IN thls stock, and the
price ran down "a per cent 10 ui52- The
offerings IuCi Qded some very large blocks
OF stocks. This was the decisive influence
iR checking the hardening tendency with
which the market opened and which was
due largely 20 the fact that the Sank OF
England had reduced its rate Of discount
10 3 per cent.
The railway list in general dropped IN
sympathy with the decline IN Industrials,
and partly also on account OF the rather
Gufavors be traffic statements for the
last week and month OF January. The
asst succumbed 70 depression and sank az
the close 20 the lowest price OF the day.
The Northern Pacific ana Union Pacific
stocks showed comparative fFmness. but
dealings were largely reduced over those
o. YESTERDAY. London selling was an adj
tional influence on the decline in railway
shares. which. though general, was only
fractional
The bond market ruled active and gen
orally higher. The Northern Pacific issues
were the feature. Large blocks of these
securities were dealt in with the inquiry
very pronounced from the arbitrage
houses. The improvements in the general
market was mainly fractional, bat sharp
concessions were scored In a few OF the
inactive lines. The sales were s.. 693 600.
Government bonds continue heavy on
proht taking. with the dealings centered
in the new Is. The sales were So 90.
Money and Exchange.
Money on cali easy at liza2 Ter cant:
asst loan. "a. closed offered at lika2 per
cent; prime mercantile paper. 3Q4 per
cent. Sterling exchange steady, with
actual business in bankers bills at 81 Ssil
az s6i1 for demand, and 81 S4I&f74 s1a. FOR
sixty days. posted rates 81 s5li4 S5Ih aud
S4SIQ4Ns rs commercial bills 81 S3L4 Silver
ceriiAcates, t47sa6glsc. Bar silver. 6i2.o.
Bonds.
SIS, new reg III G. y. lists OF 's5. 100
Is. new coup. .l2-@ u. & K. G. Is ...IIlK
FiVes reg ....il353l Fours . $500. 81
ttVes. coup lisa Erie eds ........ ssiz
Fours. reg ... I1ssBG. RI. & q. A IS l0liS
Eoufs, coup .-l1&sl Seveus =. ...... %
Twos, reg zee. 953htH & T C as lbs
Psc. Gs OF - .-I091si SKIES 100
Als.-CIass a ..fos'stM K r Ist IS 81
Class = .......l0s&i Second IS ...... 60
Class 9 .....-. 9si4 Nut. Union S. ..1lllk
currency IS y. J. Cen. @. IS .Ii71s
Ia. New Con. IS 81 Nor. Pac lists .I14a-
Missouri Is ....f0a + Seconds
y. Car. IS ......lz2 : Thirds 80 49,. ssib
Fours. !. 49,. .10zls y. ". Con-. 1908
s c. Non-Fund - s r deb. IS .Il2
Tom new set es = o. r. & y lists. .Iliik
FtFeS ....-..l0S FourS O.. ..-.... S9Z
Threes e. ......'.. lR- @. W. lists -. "A
Old s. ......... ~ st Paul Con. Is. 12o
Va Centuries o. ga c. & p W. Fs 1J9ak
Deferred St.L. 81 T.MG5s II
Atchison s ..... So l. & S.F.G.6s. 1925
second a -. asa. Tex. Pac lists =. 50
50 r. R IS -. 9oss u P. Its Of g. l6i,1
l.. & y Is .-.... % West Shore IS ..f03
stock ouotRtion~
Atchiso7 o.. ..... lt24,S !. & y Ess
ADAMS TX ......I49 ont q West go. Is
Alton & r. II. .. 56 Oregon Imp .....
Preferred e.. B.. oregon Nav ... IA
American Ex ..tls 70 s I. & L. y. Il
BAIT & Chio 90. n iPac Mail ... 25t4
canada Pac .-.. 50. Peoria D & e. "a
'2nsoa south . .Pittsourg o.. ....1s6ia
leu'ret rae see. ll's Pullman Pal 1854
thes. i ohio o.. LA Reading q. ...... 2fi4
chi. 4 Alton ...le5 Richmond Ter ..
Q. p. & =. -.... ia Preferred o.. 900.
chicago Gas eos. n r C. W ...... u
Con Gas IFS Preferred -. a.
~ c. c. & - l. e Rock Island 49, 6-it
Col Coal + I : StL 3 3. Fist p
.Ht OF Ger 900. llis ST. Paul ......-.. -eZ
-aA & Had -..--io12s Preferred . .I@e
1sl J. E W-..f5z s.. Paul = ON. ass.
T. .. pre-. Preferred . 80
DIS & q. r co. .. south par - IL
-r.e ...-.... lts. Sugar Refinery .if4is