The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-10-03
Hsw Yoax nAnKHTA



NEW YORK. OF a-TAs seprk aaxAee La b
FACE thb nsntns the sr-umaiasst dspressscu of
The tAfee days' tradtn9 ca Q saGg1nG xnshH IN
l Lsssss .ssss he s.sssass vas slo.ed hss he
Enraer~us raitr.ad ssoeD shsstsg Ion a. . point
oser. and Tenns.aee Ccai SLOWING IN srsssme
70 ses that Loados vss andaiy depse~rd. ep>ctally
With rsferrnce 70 American securities. snd they
A sss az e a.. 49, ~ .:,'. The "a ~, as ::
couraeed a optintsfse vfew a the mooes sut1ooh.
fae rally vas shot lived and the eours. vas quite
coxsiss<n1y dosrwsrd for the rest q the dag.
sharp advance IN the coalers. vhirh affected the
rest Of the anshract~s fneSrctnai 10 check
tas d~.iine London sold not only during the nrss
business The violent decline IN British eonscas
had an important sentimental effect. although n
sN Aftsrward explained that thus rs partly dne
TO the sxscufioG a . new issus hut the nsu Is
sue h - significant II the PRACTICAL certainty H
that the explanation did not afford any relief to
The stock MARKET depTe>siou- The sharp rise IN
London discount rate csas~d an advance q II
cent In the actual rate for demand sterling here.
and had an equally Married effect on the Sterling
exchange rate beth al Berlin and PARIS This
not prepared 70 part with moe. gold to New YORK.
without makins every possible effort 20 prevent
sterling s.as -. i, ,.on enc ,..s 'rs s,. ar
ward when the renewals carried from last
1hussday began to influence the masket The esn
the money msrket was ssiIi In fun activity IL
Was then rushed ny u per cent, after which
tfefe we're vioost uucfuaflons down 10 IN PEI CENT
and up again to $ Per cent. at which rate the
last loan a the day made The closing was
% bid and asked None u the expected relief
10 the money msTket In sight today. The
Developments In London lessen the probability Of
further gold imports. and the condition II New
rofk exchange a. interior points indicates .
tinuanee 81 the demand for funds from that
Money left in the city BY the visitors 70 the Dewey
celebration was MOI In evidence In Wall street,
though much has been said n this prospect Of relief
by the speculative contingent. The sub;reAsury
has gained nearly yl.5e1 900 from the market since
Friday. Money seemed 10 be In supply 1t the
higher rate. from the proceeds Of time loans made
time ago. hut the leaning resources d the
banks ere evidently exhausted AZ present
The decline In prices made without any ED
dsnce Of Generalization. but last prices the
lowest. Net losses In the railroads quite gen
orally between and points, and the selling was
well distributed through the list.
fhe bond market not active. but weak. IN
sympathy with stochs Total sales par value.
n,z0oW.
Money and Exchange.
Money On cali. unsettled. 6dB per cent last
loans, per cent (: prime mercantile paper Sd53
per cent sterling exchange. irregular With sctusl
business in banker bills a. 6Mta4 81 for de-
mand. and At = ecAatN for 60 dAys: posted rates,
g. s3la4 % and n MA - commercial bills. Ns0a
a0i silver certificates 5Aa5ssc: bar silver. ssc.
Mexican dcl,an. Sic: government bonds. easy;
state bonds. inactive: railroad bouds weak.