The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-09-21

NEW YORK MARKETS.


Thc STOCK Exchange.
NEW YORK. Sept a,-rhe stock mar
- genuine reaction Last weeks sharp
recovery eliminated the short interests
very largely and the liquidation Ter areats
had been mostly completed during the pre-
sioUs decline. The market was mus freed
20 - great extent from technical Influences
and n coalition 20 resp pond 10 the prospects
Tor general business n me country, IT'S
Taluts - 90 50 yesterday was atfri esfSeG
10 the unSettliaS Influence Of the slump IA
Sugar. The bears were ,snaia about con-
unNing Their campaign further against
sugar, and Were !ncsi3Sd - cuTer 50 me
movement toward reaction MAS removed.
The market moved toward = lower basis
with one or TWO exceptions. and Closed
only barely steady ~ a level generally
Per cent. or more below las, nights level.
The action in the market was not different
IN character from thaS wAicsi prevails al =
time when the business outlook presents
general Disbursements. contraction q
activity or declining prctits. The demand
Tor stocks were very small gil DAY. ana
prices went down easily under compare
lively light offerings. Weakness was par
acularls manifest III Tobacco. the .s-aag-
ers and pacisfcs. The action of these stocks
indicated tie liquidation Of a heavy speCa-
-aisoa on ftfa long side y Hurry - s3e
money market was q disappointment 10
the bulls. especially IA view OF the engage
ment OF over $.l1o.o*1 ia gold Cor import
and the mailing from the treasury depart
ment yesterday ~ checks for interest On
registered per cent bonds due October |.
amounting TO Agio.tsse which are payable
immediately. The su5-treasury's debl,
balance at The clearing house alone ran Up
today 10 1881. as rejecting a large increase
IN government expenditures. The sluggish
ness Of the geld movement is sorrow hat re-
markahie IL face of conditions. Cali money
IN London Is n per cent. agaias, 6 per
cent. here today. London discount Is ~
to rs, against per cent. here. Las,
months trade balance IN favor Of this coun-
try was s35. ea.o0@. on top OF the favorable
balance for every month In the preceding
year. In addition London has recently
bought securities in this market. Ii is a
fact that part Of toiay's gold engagements
were made by bullion dealers here who are
shipping silver in response 10 the active de-
inand attributed TO Spanish account. but
there IS not sufficient demand for the ex-
change against the silver shipments 10
make a market. and there is a better prof
Il in importing gold. Exchange is thus
clearly demonstrated 10 be at the gold i'm
port point. and the question arises. what
has been done with the eountry's credits
abroad ihat they do not bring a larger sold
local money market is, however. clearly
toward greater ease.
Dealings In bonds were not OF so large
scale today, and prices We're toward low
er level Total sales. I,Sl0.I,l.
Money and Exchange.
Money on call 42sii per cent: last loan,
6 per cent; prime mercantile paper, las
per cent; sterling exchange. heavy. with
actual business in bankers bills at $iSSss1a
days; posted rates. $4.S3g4S3is and sisSsf
ISL: commercial bills 81 s0i24ls.Si: silver
certificates. 6IN6ec: bar silver. Gle: MeM-
can dollars. i79sc. Government bonds.
weak. State bonds. duh. Railroad bonds.
weak.
Z: S new IS ...lo5l.N. J. c. SIS -. ..1ias
New Is. reg .-i27i4 No. Car. IS ..la5
toNp ..l-t,s ours -. Nv.
Fours 90. .....li0i. No. I'ac. lists ..-il2a.
coup ..iitt3 lHretS ...+. INA
fi HSs reg :. LID N.Y. & stills iSs,s
Elves coup ...1l4a Nor. Il W. IS ...le3
District SIS III y. W. consois ..142s
Ala.--ofass y los Deb, IS -. Ills
Class u les -. Nav. lists ...ll5
c carTeacy .. ID" o f g nana Is. ,rlss,s
Atchis0n is =. :. 9ts, Elves, / r 800 loo
Adj. IS =, e. :. 7issO Imp. lists. t.r. :.
E aa. p 4 ISIS i pa ss.ss. .; ,ess
Chi. Ter. Is =. :. s9l2 Reading Is =. -. s3a
{. & Ohio s. lib r. q. ". lists -. 80
g. II. d u. 4'4s. Ioiss sal. q I.M.C.as. aSis
d; x X. q. isss.ltol3 Si.L d S.F.G.6s llgA
Eas. Tenn lists is. s;rc. & PisisIis
Erie Gen. ~ 80. - Elves -. 49, ..il6s
FW x DIsts.t.r HAs So. Car. non-fd.. =.
Gen. Flee. 80 .,l0ais so. Ry. 81 -. 9IA
GIL & S. n. Is i05 Stan. K & II. Is %
Twos -. &c. lbs Tenn new set SIS %
con. Is -. - ..iiS Rr. IDS T.. .... ~
Iva. C. lists p. .i0ss L. Pac, Is =. =. 4s.
X 2. Con. {. r. :. itpD Il G.. lists 757s
KIP ist D.D.tr e.. Wab. isi IS -. =. ll's
La. new con. +s.1iS Twos -. -. s9is
l.. e y. Uni. a.. 9iz W. Shore IS ..leaia
Missouri es q. leo Va, Centuries - 7i5s
VI. * X. r. Eds, - Deferred .. -. "a
Fours -. -. ssh Wis Cent. lists. 55a
y. \. {, lists E. .lls 'Onered.
Stocks-Raiirond.
Atchison o.. 49,. tz7s Nor West o.. go. II
Preferred =. =. 3ii@ No. Am. Co 80. s%
r. * Ohio =. 49, No. Pacific So
Can. pac =. s6'4 Preferred :: -. 7si7
Can. So -. ..... ~. Ontario Il w -. las
Cent Pacific -. 40. II. & y -. -. s.
ches. * Ohio -. 2Zis Or Short Line. -
Chi & Alton ..i55 iPiftsburg -. lies
G., II. x = e.. ..llfis Reading ...... lSss
chi. 81 f. III -. 5ii4i First ptd .. -. 4ih4
Preferred >. Los Rock Island ...iQiSs
c. c, G. & ST. / 4Qas 81. l., & $. f -. rs
Del. 4 Hudson. .los Second pfd -. sl,..
Del. L. Il w liz St Paul -. ....Iisss
Den Il Rio G. =. II Preferred e.. .lss
Preferred =. :. 55i4 81 7. * ON -. -Wa
Erie fnewb =. :. 1879 Preferred O.. fss
First p:d -. :. 36'z -. T. VI. & NJ. .l3
Fl. Wayne >. IN 50. Pacific rs
CT. Nor. pa .l54 $50. Railway 80. ss.
Hooking Val -. 5i.l Preferred -. 33'4
In'nos Cent -. us. Texas & Pac -. igz,
Lake f. {; " =. II Union Pac - -. sfiS
Preferred =. .. 7sizI Preferred -. safs
Lake shore .ie9s Z. p. y. Il q -.
Louis & Nash. nl4l Wabash =. .....
Manhattan I. .. ess4i Preferred 2lss
M Mt St ny i Il; W ,sres., e l. T.. =, e
MINI. & ST L.. q &c. & y. W 1904
First ptd -. Se'el Preferred ...1E5
Nc. Pacific 80. 81. So. l.. & :. W ~
NJ & ohio -. :. 27isl Preferrrd e. =. lrs
Mo X e. II -. TAfR. q, " .. ..... n
Preferred IS. :. sl1a Preferred -. g
Cat. Ind &c L.. Ec. -. " -. So. lsi4
Preferred o.. - f}os X. T 80 -. -
y. J. Central :. q2' Mimi Iron -. Q.
" Y. Central ..ii5@. Pac. c. lst pfd.. -
NYC Il ST. l.. iZs. Second pf4 49,. sT;s
First pfd :. =. 6 Int. Paper Co. ga
Second nd %. q / Preferred .. -. -
Express Companies.
Adams Ex -. IA tf-asteG States -. 81
American Elk ..l90 lWelLs Fargo ....l4p
Miscellaneous.
A. Cot OF - -. - I Preferred 81. ...llrz
Pvefarres. =. :. 8 MAJ In. on o.. 2,
Am. Spirits :. :. Igis Haw Com. Co. ~.
Preferred =. :. 21ts Pacific Mai o.. =. ,
Am. Tobacco .f4ss. Pullman Pal ....Is7
Preferred o.. $50 sfsiTer Cert q
! Peoples Gas ...1asis stand. Il. & T. =.
| C.1rss Gas .- Ia sugar --. ...fl4a
Corn Cable Co. - i Preferred q. ...t+Tt
/ Col r Z. Etoa.. = r. q. IL Iron ... ~
Preferred . =. ~ r.. X Leather 80 "a
Gen EtHs>sr.f, -. s1sAi Preferred T.. -. 90
Illinois Steel e.. 7p1a l. :. Ea,sbsr -. 4sia
la CIeae Gas e.. - i'resf -rfd ...i.f5E.
Lead - ~ EST Lss-o0 -
Mining stocks.
C'hoiIar 49, ..-.--. 4s5n.hrio --..+ so
| Crown Point 80. y t}pEsr -: 49,. -