The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-01
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NEW YORK.
The stock EXCHANGE.

NEW YORK. Oct N-rrice. Of stocks fail ..
the rT'enins today under the weight Of selling fox
London account The market that center wa.
in state 81 semi decentralization on the news q
the loss Of Considerable force Of British troop.
hy capture from Ladysmith. TIE sale. for foreign
account IN New York ran up to nearly 50 no share,
Tho resulting loss in prices had point or moro
IN several prominent stocks. notably among the
southern railroads, which have been recent favor
ties Tor nse The experience Of yesterday left
no one disposed 10 bus stocks and the London
offerings poorly taken Active selling n sr,na
al the prominent stocks added To the weakness
After the opening decline however some support
sas forthcoming which seemed 70 be based ~
The hope AZ relaxation IN the money stringency
guy a.'.s'ines 'or money at % and y per cent.
again turned prices a stocks downward The .oer-
uIst'' hqaidation seemed 10 b concluded about
room, and there was some reeuperstion during tbs
latter part a the day. which encouraged NV
strong spots IN the list The iron and steel stocks
became especially prominent isd hy Federal Steel
mand fron large outstanding short interest The
rise IN FEDERAL Steel reached "a and in Steal and
Wire. 81 There were sympathetic advances tn Ma
tonal Steel. Republic Steel American Tin Plat.
American Smelling ard ether iron and steel shares
running from a frartion 10 y the latter in Ma
tionai Steel There good demand for mum
her cs ether prominent srecisl.es but railroads
especially those in the Southern group. rptreved
good part ~ their ssriy losses The Wisconsin
Central new stocks consriruou. for an al
vance to about u above last nights level
The nars.t clo@-d firm general, at small net
losses The call money market very fersyish oil
dsy, reoedinx several times. but recovering sio-
lentiy and suddenly. The last loan per
20 81 cent. the lens nd being apparently urgent
and large. Leans were called ~ the banks on an
extensive scale The dsmand for time money va.
good and lenders demanded S per cent on choice
collateral The extensive calling If loans is at
triboted 70 needs for the first n November settle
men,, and there !s demand also reported for
payment II Subscriptions new industrial
enmhinsticns- The rate for sterling exchange de-
ehnat further. In response TO the stiff money rata
and without regard to the hardening - the money
market in London. New York exchange at some
Southern points weakened sharply. and the sub
treasury creditor At the clearing house today
to the extent ~ Sl9S 100
The tone # The bond market better than
that cf stocks. and numt~r Of middle and low
grade mortgages IN good demand Sales
Nsi0sa L. :. bonds were unchanged In bad
quotations
Money and Exchange.
Money call Hru. e90 p.r cvnt last loans 8
Per cent. prime mercantile paper. Sa5t per
sterling exchange easier. with actual business in
bankers bills az ss4ps4 81 demand and 81 sei1
- sixty DAYS posted rates. s.astds - cytnmerrs
Hills. 81 So silver certificates 5si6seAc har silver
Sc Mestcan dollars, Eic; government bonds
'tcstv; stat. bonds. inactive; railroad bonds. ir-