The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-12-03
NEW YORK MARKETS.
The stock Exchange.

NEW YORK, Dec. The stock market
In New York refused TO respond To the
sanRulue view manifested on the LouQon
exchange as so the future value OF Amer
lean securities. Americans were the fea-
turc OF that market and were marked 10
quite sharply before the opening here. The
countermanding ~ orders for engagement
OF god for shipment 20 New York ale
Waited apprehension III London over the
money market outlook. The rate for eaH
money there fell 20 - per cent. ani was
easier also Ia Paris as a result OF the ex-
tensive accommodation accorded the nancy
market hy The Bank ~ England and the
Rank u France. The effect IN New York
Of the higher prices abroad was Only tenn
porary. ard the demand for standard
stocks became sen1'-stagnant. In the dull
Tess which supervened the movement Of
prices for standard stocks was extremely
Irregular, the irreguIaF3ty extending 80 fsr
as 8 contrary movement cf different issues
80 ire same company. Thus the preferred
stock Of Chicago 81 Eastern Illinois and
s.. Louis & Sau Francisco first preferred
moved upward. while the common stock
pf the former and the second preferred IF
HE latter suffered heavy losses TIE pre-
fefrea stock OF Cnton Pacific was also
nFmer. relatively, than the common stock.
Generally speaking. the Pacific stocks.
including Northern. Union. Central and
Southern Pacific. suffered from extensive
Qr0fit~ta King sales.
The Changers were in the san me category.
Tire slugEts illness and heaviness OF the rail
way list caused continued diversion 0f
speculative activity tsto tha Industrial Sue-
ciaIties Sugar showed the greatest acf,v-
3tV AM as decline IN the late dealings
after an early period If strength vas no
small factor IN the genera ls~avsDsss to-
wards the close 81 the day The decline
III TINS sE- salty WAS based upon ne lower
ing pTsCe ot tue product by leading Gem
Fs.ttsov AMI On t:gs opln,on mat the recent
demand in the trade mas been altasether
abnormal Brackiyn Transit rose IS one
t}0ae above - 70 tGe high record price. and
Ns'fe1oii;aa Street Railway Was strong
cu the tSik q The increased 4 dividend TIE
rFef@FTe8 stogk ~ II tire Rubber and
Leather companies enjoyed the h@rsEs ~
favorable trade coalitions Federal Steel
preferred we= suddenly marked ,lp a most
p2int without 81 explanatory aeve iop-
fueOs- H@1 either iron and steel stocks Pc
sDu0@s3 In ssFr Ta5flv. fsinSee3 OH rose
"a oss t1g FspnvtsA unisY ariting BY a syn
G.aste - SIZE Tc0FEaRixst.on plan. h1s lo-r
8 Az. General kstsct-Ae was heiped ny The
expected Sci E7ioa ~ = q - the ascgigsn-
hse4 e.y es~~d q tire preferred stock. Pa
F.fr Maj VAS strong feature 81 the Sr-
crease n r4i earnings = tAetobAr ~ SIS e.
Nss. sac ~ fAs srseres sTst tras1a act v4tv n
tlss TaGsNe rpsau The sr F.eIs7a stsgss - poor
fourth Hess sTaffac returns for rasa-aass m
acCoHct e ts8a geAthe- ha3 ia Influence n
sag1s31E fhe Teact4oG. TIE DAYS net
GhauKHS Mre MIXED.
Ene t~syy5 market vss aof5ve a-F prizes
We're Batter sustained t1aa IN stoxkz Trs-
Mountain - we're = feature With a Use
assave gar - fsl. ard D~mwsr 4 RIO J;~ansfe
a. wese AFFIXED - shs list of decentralization
IL valued ~ 49,. or above. Xot4l sa.es