The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-04-25
NEW YORK MARKETS.


NEW YORK. Anril 2s-Today tn, stock
market was discounting peace. in the Ian
lifting prices notch higher The advance
heSftated q. the openine owing To the
tendency ~ london 70 follow the report
that the Paris had heer ca Injured by the
Sranish and that the Topeka had SINK
Wall street was inereiulo-s ~ the capture
OF the Paris IN to the closing ho"r. and
fha truth nF THE laundering If The To-
peka not having besr esta blished the mar
bet ives relieved from that cause OF de-
preston. On the other hand much was
made Of the cantura cf another Snanish
nrize nv the cruiser New York There was
reported active demands for securities In
London. but the buving here for London
ruled above tho London paritv. There
were periods oF reacticn hut the hank
statement caused renewed buying and lifted
nricAs TO tsa highest. Trey were shaded ~
nv renewed apprehension as 10 the safety
Of the Paris the c'osirg being eas~ hut
net gains throughout @'-e list reaching n
dealing was not lar~e. me industrial srA-
c!sIt'es beirr favcri'es in the trading es
peciallv c1lgar ard tobacco
The scrit~ stocks were also quite nrom-
inent The general feeling In financial cir
Giles IL that tire war Is NJ. likely TO he
rro.racted. and !. Is the conviction that
resources. 4 feature ~ the dav was The
hardening in ewrhanpn. demand sterling
bills rising TO As4 This rate II i~
nected. nrecludee further gold imports I'M
der present conditions
The stock market has Fel' the reflected
e~ect q the manic Sr SnaniSh foilrs IN
Frronean horrses end tho resulting on
forced 'inuIdafion ~ American securities
vet tho week cl@ses with Greater mart 81
tho ex.re~-o losses recovered net decIlreS
not excaaiinr .wc vaint- IN any Of the
nrore'ren. leading stocks - ts nr.ewnr-
thv that tho low rriceS Of the week were
not eo low e~cept tse a few ~ ses as those
rosnt ~ the decline after the blowing IN ~
the Marie. Tho executions were In the
stocks which were Favorites with onera-
toe on fnrei~n bctrses
The grounds FOR tre confidence ana I'm
movement IN tho stock market --it be fe1.
IN money conditions At New York har,,s
have re~i"niGhed fheir res~rvee with tn
rorted gold 10 meet the drain frn--, tho iu-
'o-in~ and he cesSatio~ nf The dram
promises asiar r1onev conditions
Can loans an no Stn"k e~chanea have
wo~is. Financial irs'fft'.ions IN the I'rised
States have ceased 20 draw n, tse'~ craa-
t's abroad f@csuse tNov fesl s-~nIv
cured against tsc raonev needs - the war
They feel nrerared r. eaeet = demand rnr
a govsr~-1ens loan which - Is seen would
be- ~pasdilv evrsnSef again
They ai~yr feel nr.res~eI 10 meet the
s1rinr needs for -0nev for .he husiners ~
TIRE country which a-n Avpecica TO he
eP~Iisr ard rr~ra ,,r~ent than usual
The nrieeS of bonds Tgrin~ me weet Sid
mt rncve v41af" s-octa eissar IN
TIRE earlv Sov-nv-r~s movement or in Tho
later recovery T>rn r}Sn ~tors were srrpau
fNr FNa waSt- N1f FaTft1rS IN
bonds for no week IN the bd r-iees a~a
81 IN the new fcurG reerlla-. "a 81 the
rev fo,,rs counon. u f-r tho oiH fnurs
= r. the fives coupon ami !. for the f1ves
regular
Money and Exchange.
Close: Money on call. ?: r,rs-7a mercantile
naDer Ei&ftT. sterling EXCHANGE firm with
actual huzinsz- ~, h~nke-~' bills az - - f,-
demand and 81 Si ~ sixty davS posed
rates sasl ard GsGfz: cor, rrere9at Rvs
- -ssTi -a1.. silver certificates 5T1tErrilt,
bonds auil railroad bonds IRREGULAR, pov-
eminent ho-a~ wesk new AZ -cg q iss+
frgoan ~ III k's roy & fs,s. rHur11.
q ~. 3. reg, slea: coupon. sli0iz; Pacific
81. si-as
Weekly Hank Statement.
The weekly hank statement shows the
following changes:
Surplus reserve ..-. 80. s. l1e.9S
s TnaTis 800 ''-'-'-.'---.- S5s., '''-'
l,egat tenders -..+.f-- - ~
l}~pHsffS -,-.--- *-.--ssv-- $500 -e-~".ivr
Circulation 49,. - 1890
Banks .now hold 80 % 100 in excess Of
the requirements ~ re - re- rent rue
The FSaa1ct"r fs4Ts- AecoraiTS IL fAe
statement 81 the Sevy York CLEARING ho1f9e
"a rte for fhe week. evfsng Aurif - The
ir9.i.Httou~ hold s. r-5las Fes.rve 81 sss-
- Ter which fs iargeT tran has He@D
rs-Ysnrtsst since Frs fTurfF week ~ July.
iss7 This has been fTosssh' shzsslt ny TIRE
setfan - tho hanks in nT@paring for th~
rrisfs which + raa "a hand Their cash
holdings depleted bv tbs demands from thu
interior have been reps ntsned By imports
OF gold ard nv the fsnrinnps9 eorsfrac-
ton oe outaandsnx obligations Today
easv ase ~ eznAssssssa<sss -ssra~~ s.n-ssiAnss