The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-12-02
NEW YORK MARKETS.


-NE" IofSh, Dec. To-Day the SicfN
market was again largely influenced by
TIE state OF the foreign money markets.
discount rates At foreign Seaters under
went Sill further increase today. and
the accommodation of these demands by
American capital was evidenced by an al
vance of tac IN the actual rates for sterling
exchange. \. New York the resumption
% the process OF loaning abroad promptly
put a Stop 10 the demand for sold Ia Lon
don for export 20 the United States. en-
sageinents already made being cancelled,
ana the subsistence or apprehension on tass
account IN London resulting in consderS-
nIe buying or stocks IN the New York mar
keS Tor London account. The continuance
o. the stringent requirement for money n
Sl.4so.oNo additional from the Bank of Eng
land for shipment 70 Germany. The week
~ statements of the Bank o. England and
the Bank II France revealed the fictitious
character of The recent easing of Of money
rates in London and IN Paris. In the case
OF the former there is loss in gold of
nearly A.DVc,0VA. while the pressure upon
the bank for loans on account OF the rise
III the private discount rate has resulted IN
81. coo go.
The Bank OF France has lost s6s0.eoo IN
goia and n somewhat larger amount In
silver. while AZ the existing bank rate the
outside market has borrowed ssa.7 $500
more tAan the loan account Of a week ago
Ine revelation of so pressing financial
StTinsency IN the worlds great money CEN
tiers suggested a liquidation Of so drastic
a character as 10 give natural pause TO
speculation in all markets. But though
there was Gullness IN the standard stocks
IN New York, prices were firmly held, APP
parently on the SupposItion that the money
difficulties abroad were in a way TO be
worked out satisfactorily. which is confirms
ed by the retention Of the existing Bank
of England rate. Meantime speculation
turned into the channels OF the Industrial
spee!altIes There is long list or those
showing very material gains, but each was
Influenced by Individual causes, either real
of fictitious. Sugar advanced on the be-
lief that the regular dividend would he
declared next week: Rubber on the report
ed demand for the product; Consolidated
Gas on the rumors of pending consolida-
ton OF gas interests, hnseed oil on the re-
port Of plan for reorganization. ana so
on through the list. The strength In con-
solidated seemed 70 have q sympathetic eff
feet on gas stocks generally. In the rail-
road list. while prices generally advanced
the number of stocks to show conspicuous
and Southern Pacific. giving color TO re-
ports OF plan Of settlement of the gov
eminent claims. and Oregon Short Line ON
the measure for absorption by Union Pa
cfo
There was a good demand for bonds and
conspicuous gums in some instances. Total
and the threes, old. fours. old. and the
fiyes, registered, i In the bid price. l54
Money and Exchange.
Money on call. 2A22i2 per cent: last
loans. 21a per cent: prime mercantile pa
per. sAa4h per. cent: sterling exchange.
firm. with actual business In bankers bills
at s4.s4i2G4siA. demand and slS2i4 "a. s2ls
sixty days; posted rates, $4s2u4S2la and
$3.50: commercial bills. s4.S0i4IAsl: silver
certificates. e0is4611sc: bar silver. 5a9so.
Mexican dollars. 46asc; government bonds.
strong; state bonds inactive; railroad
bonds, strong.
Bonds.
L. s. IS .........los y. J, Cen. S. lie.
New As, reg ..l2s North Car. Is ..1e9A
New IS, coup LISA Fours -. -....fN
Fours, reg ....n1is Nor. Pac. lists Ills
Fours, coup lib Threes 49, 80. 81
Tvs Tyes. reg reg N SG93' IS .1Sa:
Ewes. coup ..11SizIN & West Is. IL
District 3 Cos ...l19 N. w. Consois .lA
Ala.-Class A .-l99s| Deb. bs HISS
Glass b loss Or. Nav. lists LII
Glass - .......l0t Fours -. .... 9s1s
Currency ..lO2 lOr. =. l.. 6s, {. ri20
Atchison is ..... @.4i Ffves, r. .l0lia
Adj. Is ........ S4Ss Pacific % OF '95 .I02a
Can So. eds -. ltoia Reading A. ...... SiG
Ches. & Q. 4i3s. s9i2 r. G. ". lists =. sO:4
Elves 80. .....1ls ISL. & TM.C.5s. 80
chi Term. Is :. sifslst.L. 4 S.F.G.6sl22%
G., H. & n. 4las1ofhs st. Paul Con ..1slH
y. & r. G.. 1sts.los lStP.C. & P.lsts. 100
East tut Tenn IN. lists lsf is. c. Non-Fnnd.
Erie Gen. 4s -. $3.50. Railway IS .Io4H
+ w&D 1sts,t.r 7Ii2Istand r. 6 T. 6s 7s,s
Gen Elec 5s ...1loislTenn. new sct s. aSi2
c. II. 4 s. A.es.los II: p. l., G. s.lo7
Seconds =. ....1o4 Reg. Eds ....... 4s
II. & +. Cen. SIS 10 Union Pac Is ..I0Is
Con. SIS ......11o 'r.P..D. & G. lists s5is
Iowa c. lists 1925 Wabash list s. ..1ii7s
la New Con AZ .106isl Seconds 49,. %. 81
l.. & y. Uni. Is. 9s2.IWest Shore Is ..IIl;s
Missouri IS ...-.1CD IVA. Centuries :. S1t
Mo. K. & T. IDS sss. Deferred :. .- 81
\. y. Cen. Ists.lls
Stockx-Rsiiroad.