The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-11-23
FINANCIAL AND
STOCK REPORTS.
The stock Exchange.

NEW YORK Nov 1.-THE stock market drtfted
rather ainliessly rader the influence Of the re-
ne~ed unsasiness over the money siiGAtion a moo
crate demand from LaEdon account lifted prices
a. the opening and during the course OF the day
there we're isolated movements In 8 number OF IN
disafua stocks Bta the influence Of these demon
STATIONS o. strength In spots the general market
was snail. ard sAe tone was sasgizh Throughout
Dealings narrow and wholly professional The
money rate rose per cent during the day and
there was Eeaegal II the disposition TO discrimi
nate sharply against the industrial stocks as eoet-
ssal. The nonina. rate Of Interest IN such cases
Was skrd cut BIZ the requirement OF extra ecin-
mission and the massia between the amounts loan
ell and the ruling market valuation OF the stocks
increased The offerings Of government bonds
Ter resumption a. the slhtFcasury fell 20 insig-
nieeans proportions. sew York exchange was no
tshly weak AZ number Of important domestic cen
tiers falling 70 he discount AZ Chicago, against par
yesterday. and declining sharply at 81. Louis and
Cincinnati Persons interested in the money out
look arc keerdg one ere on the fosegn markets
The hardening discounts In London today may be
significant Of future pressure froEa that source.
thcagh the situation in New York VAS sufficiently
pressing decline In sterling rates. in spite
81 La,,deu movement Paris discount rate held
Gsrn NJ above the banks official rate, giving
ground for expectation of an advance toward Bank
New York banks have gained S. 65s 900 sub
treasury operations since last Thursday. and to-
days clearing house statement showed debit hal
anca against ths suhtTc&sary OF over sos ,0l0.
These reflections OF the government bond re-
dempuon. and give promise o! good showing IN
Saturdays bank statement. The proceeds Of the
bond redemption have afforded any great relief
10 the speculative world and the market Is disposed
TO await further Developments. Small net gains are
the rule Of the day and few stocks show notable
advances.
General Electric gained q and Big -Four a. Bal
timore 4 Ohio rose over a point. and the ccalers
showed some ssrength The Chicago. Indianapolis
4 Louisville stocks, the Chicago Terminal stocks,
the Rio t;rande Western stocks, Buffalo Rochester
a pittsbnrg. and tao Others. show gains Of
from 60 81. Minneapolis & 81, Louis /. q lower
aud losses Il point shown by number OF
other stocks.
There WAS realizing in some OF the beads Of the
speculative grade hi. very good absorption at some
other points Total sales s2.315.Wo United States
.wss advanced and the threes and old and new
feflrs In the bid price.
The Stock Exchange will be closed Saturday
out OF respect TO the late Vice President Hobart
Money and Exchange.
Moaey on cali. nrm s,rs per cent; last loans. 6
per cent. prime mercantile paper, sac per cent !,
sterling exchange seak. with actual business in
bankers bills Mt s. ssseei asa demand and Nsi+ai sh
sixty days; posted rates. 81 s24@ieT; commercial
billie SAIL silver certificates. 5s1as9tc; lar silver.
tac Mexican dollars. Esc government bonds. strong
state bends. inactive: railroad bonds. irregular.