The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-12-22
The stock Exchange.

NEW YORK, Dec 2l--The stock market had TO,
carry another heavy load Of liquidation today Trad
ing was on a smaller scale than on any previous
day this week. but the tone was feverish and UNI
settled throughout, and fluctuations were constant
where rbe the money deuy was By re-
newed apprehension Of the safety Of the British
columns in South Africa and the advance q IN; inc
pOftance seemed 10 be attached to the latters &C.
tion.. assan obstacle to the asaurement q gold
Paris was reflected in Jump Of centimes 70 ster-
ling exchange rate at Paris. Forced liquidation on
tSs 10 ths Ssv wy York The inter-
nationally listed stocks we're actually depressed at
the opening. and were not able 70 make any sub.
stantiai Roadway all day. In the last hour there
was renewed selling Of this group. which forced
down prices all through the railroad list from u to
points, the extreme decline being In Northwestern.
The leading specialties were also at the low point
OF the day in the last hour The bears were ac-
tive in the later drive and CIRCULATED stories OF
panic In London account Of fresh disaster to
the British in South Africa. Buying to cover
short contracts caused some sharp rallies. but they
unsettled at substantial losses. compared with last
nights close. A notable feature Of the weakness,
at the time for call money After leading at per
cont In tho morning. loans were being made at
TO per cent at tne time wnsn prices o were nc nrog
confined to the speculative industnals, was the
case yesterday and II liquidation was being forced
dard railroad stocks were thrown over to obtain
funds for the protection Of holdings Of industrias
below the low point Of Monday and this fact
seemed to incline holders to renewed selling Brook
lyn Transit by conspicuous
yesterday hut the dealings were large and the
fluctuations very wide It was vigorously supported
in the early dealings. but apparently only for the
purpose Of making market for further liquidation
Support was forthcoming from time to time during
the day, which checked the downward tendency
Sugar was very cratic at level below last night
and fell to within of Mondays low level Metro
politan and Manhattan were acutey depressed, the
former falling points. The New York Gas stocks
truna ffrinp fnA 1U daaItr arE
fore the close Except for the continued strict
discrimination against classes Of stocks as col
lateral, easy conditions maintained in the
money market. slight decline in the sterling ex-
change might be due to engagements of gold for
shipment on Saturday. which, it is now taken for
granted. will be large Interest begins to center
street will be on the Saturday bank statement.
Bonds were weak, in sympathy with stocks. Total
sales. par value $26i0.0O0. United States threes
and the old fours advanced l in the bid price.
Metals.
The market in general was very quiet and devoid
OF pronounced change In price Tin and lead con-
tinued fairly steady on moderate demand and alb
sence of selling pressure, while pig iron warrants
were neglected and tending downward The capls
and other news was about expected
Pig iron-Warrants, lower for futures.
Tin-steady. sasaS. H. ''''
Speltcr--Dull, Si550i65.
Iead-Steady, SI7eelf.75
The firm that fixes the selling price for miners
and smelters quotes lead at s445 at the close
Money and Exchange.
Money call, steady. 4a7 per cent. last loans
Z. ruling rate per cent prime mercantile paper.
business in bankers bills at sistd4 Sl for demand
and at SS03d4806 for 60 days; posted rates 81 siS
ia2 and Sf8S4; commercial bills 81 s0I04 SOK; silver
certificates. 5sa@59ac; bar silver. &c., Mexican dol