The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-10-22
NEW YORK MARKETS.


o. the worlds markets was touched ,odsy
by the reported orders OF the government
q France 70 Maj. MaTchand 10 retire from
Fasaooa. There was a proTp, recovery
IN government securities in London and
Paris ana in corporate stocks al all for
elgn markets. For the same reason there
was a Weakening IN the wheat markets Of
the world including Liverpool. New York,
Chicago ana San Francisco. This check
Cd Yesterdays advance in he stock mar
ket- But when Ii became evident later
IN ne day that there was good support
In the wheat market. from a continued
heavy demand for export. IN spite or the
subsistence Of ths war scare and of the
continued heavy receipts at .he primary
points. there sprang Up the demand Tor
railroad stocks. which showed itself more
confident and urgent than anything that
has been seen in the stock market for
several days Naturally there was de-
mand for the stocks of grair-caFrying
roads. The strength vas manifest not
only in the Granger groups, but also in
the Pacircs. including Northern. Union
and Atchison. The preferred stock 81
the latter road was. next to ST. Paul, the
leader Of the roads in point Of activity and
was firm throughout the day. closing with
& net gain Of per cent. The absorption
OF the stock in the Late dealings was on
Aeaviness OF the stocks OF the great East
ern trunk lines were in strong contrast. al
though. according 10 q quoted utterance at
the chairman of he New York Central d.
cars enough 10 carry their freight COM
.ng forward. but are cutting rates and
making contracts ahead at figures below
the rate schedules 1t IS in line with this
view 10 find the gross earnings OF the Cen
trail for the September sa quarter falling
nearly sSQ. 900 below those for the CORE
spending quarter last year. while the bal
3pCe available for dividend is Ioo-ioo per
cent, compared with lso-10o per cent last
year The strength of Western, South
western and Southern stocks was quite gem
eral Louisville leading the latter group
with an extreme rise Of a point. The
movement of the Industrial Specialties was
relatively much less important OF late.
Tobacco advanced an extreme points,
but met heavy sales. Sugar was raided
below ILL., but met the resisting point and
Manhattan. although It weakened early on
published utterances tending 20 discrsdit
reports OF early electrical equipment. later
rose over a point. Sterling exchange ad-
vanced further today In response 10 the
stiffness OF foreign money markets. which
he clearing Of political prospects do not
relieve, but the local money market con-
tinued easy. The gain of The New York
hanks from gold imports. from the sub
treasury. and by reason of the marked de-
crease in the movement OF currency TO
me interior is estimated TO be not far
from $40 Coco for the week How far the
reserve requirements have been expanded
through enlarged deposits nv reason Of
loans made on sterling exchange cannot
he closely estimated. but it may run as
The bond market hroadened and In
gains generally. Total sales 81 24h. nn
Money and Exchange.
Money on call, ll1di2 per cent: last loans.
"a. per cent; prime mercantile paper. 3lani
per cent: sterling exchange. firm with
actual business IN bankers bills a si.S5ff
.s5ia for demand. and at S.s2dl4S 2l4 for 80
days; posted rates. 81. SQ4se commercial
bills. S. sos. silver certificates 6n16lc. bar
silver. 6o.c: Mexican dollars, 46S.c: gov
eminent bonds firmer: state bonds active;
abroad bonds. firm.
Z. 8. b ....... losSslN. J. Cen. IS ...1l9A
New As, reg -ls6ssl North Car. Is ..i@!
New AZ, coup .l27ssl Fours 80. ..... io3
Eours, reg ...lieA. Nor. Pac. lists .,ll61s
Fours. coup ..llla2l Threes 663s
I~os. reg " Fours -. lu
Ewes, reg ..ilIIllAslNY.C; & st;Lss.i osaa
District 3 Gas ...l1n3iN. W. Consols i4sia
Ala.-Class A Ies Deb. SIS ........l2o
Class 4 les Or Nav. lists ...ns
Currency =. los Tor S. L. IS. t. r.i2a
Atchison As sSs. FTves. t. r. - loei*
Adj, Is ........ r lPacnc es of 81 lo2l4
Ca Can T So IDS !. :-'l 9sa r Reading 4s S.
Ches. & OHIO site ISL. & I.Mc.5s. ss7s
c. II. & d. Az. loiSs stL. s. sF.Ges.Ila
d * Il. q. lsts.iu St Paul Con ls9
Ease 5&u1 Tenn lists. io7,. Si r4ves is's li
Erie Gen. IS ... s9hjs. C. Non'Fuad, :.
f W&D lsts.1r. 74i9 So Railway Is a7ie
Gen. Elec. IS ...10sA Stand r & r Gs Is
G. II. 4 s ASS l0t Tenn. new set SIS q
H. & T Cen. IS II Reg. 81 80. IS
Con. SIS .Ii0i4i Union Pac. As e9l@
Iowa C lists ...lo5 ir.P.D. & GIsts =
la New Con IS .lo5 Wabash list "a -.1l2s
Ms s N E {! 's % west ssfo2 Shore Is s
NJ X & T ads s2pdva Centuries :. -
Fours 49,. 49,. sss Deferred ;. -.
y. Y. Cen. 1sts .li7i9 WIS. Cen. lists . 59is
Stock~-Raflroad.
Atchison - i3saS, J Central so, 80
Bait; & Ohio 90. i4a.lN. u. c. & 81. l. Il
Canada Pac Nas LIST preferred 90
Canada South 81 "a preferred -. 80
Central PP ac 80. S az Nor West -.
Sse A Un5o "a "a N Norm p amer! 20 4s
Chi, 3. & Q. ...ll5as Preferred 81. -. 75Is
CHI. N l.. III .... = iont. G West go. las
Preferred d.. los lor Rail. & Nav 50
Chi, Ind, & L .'2IPac Coast lst p g
chi & y. Yves, 1915 Pittsburg =. -. .l6s
rrefsFrS 8 W. Z R e.. nr...,,.a IL,
Preferred e. p. g; lR. @ W. .......e7
Del & Hud ....lo24 Preferred . -. S
Del. I. & " 40 Rock Island lbs
Den. & r; G. l.'as; l. & F -
Est st referred peter ~ 81 L 3 ". -. ~
Fort Wayne II Prsferred - IN
g Tos Val Tai g., s pr raq l2s,A
iIIncis cen ....1o>f4si. Paul & ON -ai5
Preferred =. =. GAS. r. n & Mis-
LOUIS. & Nasa ssa4i 50 Railway 49,. "a.
Manhattan I. -. e7ss Pfeferre! 81. -. ~,
NJ s.; Ry ....1sai. Iex. & Fac 49,. ~