The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-03-14
NEW YORK MARKETS


~. fkw YORK. March 1.-THE profession.
ioOA dee, ,h.y as soswhat astonished at
psaIs whe attacked the market at
:. s.s 0sa q xsi h5d ,b buying orders at the
luton. The market showed Itself so weak
large. {.ss saess prices were reached that the
Eat orders we're quickly withdrawn.
1o0 nh covering movement accounted for
.akfast mart rally In the first hour and there
~ sonie recoveries az the close
Sal Ptatrwse there nothing to relleye
nonn- anysr.ed depression which prevailed
black tsssacus the whole list Of stocks and
ID ia Eaqs The closely held standard stocks
a cod. Easd with the permanently speculative
uD s md n some eases were severely
10 per n Lake ,: ssore l. an example. 1t sold
l.n tae bidding al only iso. Pennsyi-
steel ma .1 arepped fun points. ST. Paul SUI
6d1Nc. - very seuiely. probably on the un-
tklngs. rGnE 81 magins ON recent speculative
yyng and was OFF At one time laS points
Lnr.. Ts.nses' dropped a. and Burlington 5
~. in tas local traction stocks were equally
neries. "a The number OF prominent stocks
ktn h fsh SHOW net losses OF between two and
PEE points is very large. The total sales
e. ne TAO hours Of trading. SOS 300 was
sriciy ~ up TO the average OF fun days
lsAess FOR the week exclusive of Mon
sfaah- AID Blocks OF several thousand shares
u,s frequently recorded Part Of these
"sS .ennss we're speculative holdings dis
,,eacn- ~ ~ exhausted margins. bur there
IVA ~ % no dclih, thar sales NJ investment
boxes 49, saeh as sfe not usually iniiu-
g.sS ~ all by this speculative move
,,,.s,ss kns OF prices arc beginning to absorb an
rals- sas'sx proportion OF the business on
atslies. s.,. =, 80 ihere was no speci-
myrna nssa 70 as accounting FOR the demorali-
M Ice - u the market IL was caused rath-
.u'e. -,s :. se sensral eSnviction that the re-
.Fmeht OF the further policy OF the
siamsns towards Cuba are imminent
larry - Hiwi.aagness 81 operators To carry
rs. sill isa ssnsracts over Sunday The bank
sap- sIsa. slewS that the gold imports re-
oc per l.sc ser the week have not been SUM-
Ns1f
r. 80 .es Interior so that the cash holdings
asarv he' decrease Of s1sS lfa But az
sh Il, {usss sy drawing down OF deposits has
s..s, UsssssN the y Per cent. requirements nv
.ia.en I = 3. ne surplus reserve - enlarged
1.sss tss stock market ended the week as II
L,,s.iei s...sl n demoyalined condition The
+sarrss Y rs !sfosery % Tuesday ard Wetines-
sar 40 the dirnlr shed sStiv{tv Setween
! 100 sss.ss,ahs saturday. probably represent
L,snsa S~ss.:nf out a natural reaction which
rs rrr ~ ,sAows sudden decline the recov-
Z shs IN Proportion TO the violence #
w. sw York stock exchange on Non
stern. s.asIeo TIE depression existing on eV-
|iinsrs. Yssange n tAs world on the London
20, al-3 naasssepe@n exchanges the rev demands
ats. - ssn E.u npsn Sh f and ne tension be-
cocoa IL srcan situation we're almost as
per 10 ess 49,. for alarm as the relations be-
.sss vas The depression that 50 i'm
on. ~ ssssss an ,neisept a. the supreme court
Is, at- IN Ire Nebraska maximum freight
E"ss N favor q The railroads w.s al
entlreiy dlsr-garafa alfhoDsh =, -
Il ssktsy looked gor each Monday sf~-e
hd. per &s,sssS spstns dtsaNcWaI u any in
E,ssra 70 cemsN3 Lees recall the salts
feeaS 49, adjustment II tAe difficulty Owe
~ PROVISIONS to Coca in wtrxhin.
Sal We voting ov ccr-r~S ~ tr. e. ,.a' -
40 ~ 1ssrS. s1te Mere ala cites evidence OF
~ conditions ln car relations with
~ 81 ~ thzt none * these had any
ts w. s-z.Asso t8fTt was shown ty The ctursa
= KS AtsT IT th~ week
l. S~tsr q tde exchange market auA
er, kfsS 'aeuN az Ea4d mus, d. az
Asaas..seso a. a&ditieeat evidence II
%s9ens faf er1efgruf IS
blue week The heavy demand Tor ,,,-s,.
as 10; tie Interior sue 10 56t desire ' ~ ~
- rs stGtioDs . s.rsnsvtls-.u f}s.~ -.
- 70 30 rtsa lD sac money ra..
Of gele 4-' ''-'t ''' move
. skeAs, sNA tGe money market was de-
AL ~ S-sasF at1 the .evsl ~ "a f,.,,-..,-
nsss s4stuCtF below thst III I.1-,,5.ss,
faits ss seSoa - = p9oa. ia .tav.n.,
- asse has eesa ra i,sa.~.,.....
sSSsenenfs of god 4..r fs,,,,.,-- 80. So
~ rezchea 5 fa..l ~ 49,. 49,.
y sa,s - After the zV4fss b.. .t.,,,.s,-
IL fsea - tas @sea market baa l--rn b.
eGAax - s Bank - EEElarE a~s -.
anec 4esssr. = A-se traorftl So ths most y
axe aasnsf SA}edsentS 10 prove sea
MI s<f.~ . s9+G tHe .eres,Fae p, .t-r,sr,t
4srr.e -, selt Gn0sr era -ars ..5~.lsv,,.
cAeNA re oattovv = rnis
Rsk .. -. teirs t4ser frcw gae
ss~nas e0ads hav. So. ,.,, -
sssa sss wsAkness a. 81 -