The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-11-16
The stock Exchange.

The Stock Exchange.
NEW YORK, Nov. 15.--The premonIlory
symptoms Of reaction. which were noted
yesterday in the stock market, and even
more prominently in the bond market.
found their justification today. There We're
l%FlodS or resistance 10 the decline and IN
dividual stocks in which the resistance was
successful. but the reaction gained in force
as the day progressed and the closing was
decidedly heavy n tone and al the low
point net decline being the rule, and
reaching as much as 4 point In a few
stocks.
The specialties were active all day and
The movement In them We're exceedingly
VARIOUS and conflicting and influenced by
lholVidual causes. The market for rail-
ROAD stocks showed heavy tone from the
opening. especially in the international>
which had the burden OF selling FOR the for
elsn account 10 carry. The Changers and
Facliics all encountered obstacles 10 an
advance. The Atchison issues continued
70 De strong. rallying a point for the bull
faction. the preferred stocks rising to 4ssS
fuFtner effort was made to sustain the
faitroad list by bidding up prices of the low
priced stocks. especially those in the South
west The mystery surrounding the pend
Ing disposition Of the Chicago & Alton also
impaired strength 10 different railroad
Stocks on runaors in connection with that
transaction. There were unexplained adj
yances of 2@s In Southern Pacific and OF 9
fun points in Chicago & Northwestern pre-
Ieired. In the specialties there was pre-
vailing heaviness on the one hand In Su-
gar, Manhattan, Federal Steel and Peoples
t1as. while on the other hand Metropolitan
Street Railway and the paper stocks show
cd marked strength.
The Federal Steel stocks have been dealt
In heretofore as deliverable when issued a
transaction which did not call for cash
The certificates are not being issued and
the resulting requirement for funds is as
signed as the reason for the weakness OF
those stocks. Manhattans weakness WIS
aftr!llff2hlp Of ~ rl.-
statement and the balance sheet Other
iron and steel stocks were heavy IN sym
paihy.
The hardening tendency of the money
market was reflected in the growing heav-
mess Of bonds the market for which CON
tlnued very active. Total sales were
sh,Jlo"e. United States new IS and the rs
declined 4 and the IS and the other Is Il
IN the bid price.
Money and Exchange.
Money on call. 202Is per cent; last loans
: per cent: prime mercantile paper. 3a9i
per cent; sterling exchange. firmer, with
@lS5i; demand and at s4.s24 sixty days:
posted rates. AS3 and $S6is: commercial
bills. SislA 0tS1&a; silver certificates. eoisff
ssl5Pc: bar silver. 6o2sc; Mexican dollars.
A'ssc; government bonds. weak: state
bonds, strong; railroad bonds, heavy.
Bonds.
L: s. IS .......105isl y. J. Cen. IS ....1lSs.
New Is. reg ..127@s North Car IS I25
New As. coup .l2S14| Fours 80. .....10S
Fours. reg .-..lllS. Nor. Pac. lists ..u6ia
Fours, coup .ils I Threes 61Is
Twos reg -. 9siaI Fours g.. 49,. fGiiz,
Elves. reg ....lle14jNY.C. q Stills. 100
Elves. coup 49, Nor. & West Is. i20
District Cos lis n W. Consols fi2as
Aia.-Ciass A los Deb Is .I17ia
Class = ..,....: Or. Nav. lists ...11+
Currency :. 100 or. 5. L. IS. t. r.issi5
Atchison IS ..-- htsl Elves. I. r. ..-.l0Sis
Adj is ........ ~ Pac. IS of % =. lo2ts
Can. So. IDS ...1l0t Reading AZ ..... 8
Chi. Term. IS o.. q9st r. G. w. lists 90ib
Fhes x O. f,as = ST.. e TM.C.5s. 97s.
Elves -. LII tstL & S.FG6s.12i,%
G., II. & y. ii2s1o;Ss 81 Paul Con M .l60le
Il. & r. q. lists. l0sls St PC. & p1sts.i21is
East Tenn. lsis.l07 S c Non-Fund. :.
Erie Gen Is 49,. 71ielso. Railway rs .1e2i4
i W&D lsts,tr M stand r & r S. SlSs
Gen. Elec. IS ..-1Mi, Tenn. new set Ss 9t
G. II. x $. Ass leo T, r. l.. G. lists .1o9a
II. e. T. Cen. 5illl@s Union Pac. Is =.
Con. Ga .......fi0i3 L n & G. lists 81
Iowa G. lists ...10tTsl Wabash 1st IS ..1ls
La New Con A. 1G5 Seconds s07s
l.. & y: Uni. As. West Shore As III
Missouri es ....1O IVA Centuries 7qss
Mo. X. & T. Dis e5ai Deferred . -.
Fours 49,. 49,. 9i7si Wis. Cen. lists :. glM
y. Y. Cen. 1sts.1%
Stocks-Railroad.
Allison i H. J. Central 90, %.
Bait. x ono &s.A4 y. 7. &, 4 ~. l. 1917
Rrook rap II. "a Ist preferred Il
$500 ca,,th s7a. NJ VIZ 0' 80 -
favtrai pac est Sorth Ar, ~ ~
Cnes AZ OhIo 80 2sik' Nor pac ~ .lit
Ca!- g. Alton ..I% Prcferred 7.s,s
Cn,-. y, q - II. t,nt- 4 West - l2's
chi x l.. IA 80. .. or lSah. n Nav -
freIefFea ''i9l t.FT, snort Line 81
Chi 90. West / 'pac Coas; 1st r. ~
Chi. Tn5. Il l. .. 7s4 81 preferred -. -
If@tfltH ~ taHtsphfg 800 10
NJ y NSs' -, -. Htaa1-hS -. 49, -
fTeffsred go Isl preferred Ia
{, ~ 81 IL "a x, - ~. '-.--.-. s.
Fe.eFIrn - fftitrFei u
~. 1dfI $50 80. ltocs Island -..-ln.-e
llfi.. !. * " ~ ~ l.. :. r; 80
I'cn. * X u - ~ preferred 80
ffeterfeti 49, 81 nFelt'fei IS
Ere tnewl - 80 - l. e ; ". 80 -
Isl ltfferreI z.Fs Preferred ....+. 90
orr aFhc - -. raul -. liz
- - - '.'Af -, = -.
Illinois Cen .fiA'b Preferred ia
/ r G. West . 1ss < " & " E-us
T,va <rrras "a fco Tarlfr qystL