The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-05-15
NEW YORK MARKETS.


NEW YORK May la-Speeuia.ion opsn-
ed N highly demoral.zed condition today.
owing 20 the announcement OF the sudden
death OF former Governor Roswell F.
Flower. General news was scane. but many
rumors connected with the properties iden-
ed. The food Of Equttasing orders and the
activity after the initial break carried all
OF the Flower speculatives down at ter
rSs r,,s he ,.s tn ssss
were: New York Air Rrake. 81 points:
Brooklyn Transit, lsA: Peoples Gas, IS.
International Paper. ins: Federal Steel.
fsrred. L
In TIE general railway list the extreme
declines ranged IN the active shares up 10
ess II S Amsrsssn Sci ne srapSes M . s
gar, 81: Colorado Fuel. IA: Manhattan
and Metropolitan. g. each. American
smeIiers. 8. and National Steel Continan-
tai Tobacco ard Anaconda Mining over 4
points each. The appearance Of supporting
orders ana the absorption Of large anour.
In me aggregate by bargain hunters, to-
gether with large covering OF short Hires
brought about a very material rally. which
WAS emphasized in the properties which
had Suffered most earlier. Part OF The ex-
trenae decline was due 20 the irnamrrab!.
step loss orders. a. well A. the wfplng ous
OF many marginal accounts Duxtnx the
early violence the facilities Of brokers had
been more or less severely taxed and or
dsre could not be accepted for execution
except '.as the market The loves. nsysnf
reached By stocks today. In many instances
was above the low paint en- Tuesday last
TIE Flower specsalssss. however we're
exceptions, ard touched the lowest In some
tirne TIE announcement by a member q,
the firm Of Flower IL CO. that Mrs. F,awer
bad no stocks Gil hand iasl acre not pala
:o- AID ..aat they would net come on this
market had q reassgYirw eject TAat
nrgn. moreover. was purchaser FER clients
az large line 81 stocks ca the decline
London sold some NOE shxyes an rss
Tie bank statement was nos fully gp 10
TIE expecta ztsEsS ~ x9zns ar! realizing
and the pissing essf Of fresh short lines
aEsin depressed prices after tse rally hat
still l-ft quotations much above me low-
est. TIE net losses are generally less tnan
half Of tAs extreme decline. In the Flew
er scseiaisses ret losses are. Sew Yak
Air Brake = brooklyn Transit. n. ps-o-
pies Gas. s1s, F~-ferai steel - Euserra-
tSonal PAPER. 81. AEac Aseh4sor ard Rock
isiana aaoat 2-s each The dealings for
cgrs1x the tao acgrs' trading. AID the
lightning changes CT quotations ar tre-
raercoas hccss n stock changed owner
ship ~ss as~ii1ersa< 10 TIE ordinary trad
we're widely Divergent anG the GssssA TONS
SzlGxly 2easec The gss2sSsnexs Il sttexEps-
inr 10 saess al iAe ea<sss Of prices.
After he Urn. 1fse~n minutes ccrsaoars-
tive q1ses ~nxuszl, sss All compared with
ether delays, the seAl4aSs weEs exassrTzsss.z
Tae market closed EssSsv pressure, bas
materially soovs the lowest
TIT market this week sagew.s swa va.
iens 3esSsnsA lie asst on Tuesday. wAea
ASi.atsea A. 10 TIE graS2as$ 11scs Ct The
Ford sAx csM worked Aavae rsth va.asx
Tasa VAS fasiSwe1 ~ al irregular recovery
usaas TIE anEcssasssRer cf s1e death 80 sx-
Cssx. FSswe- today gave . xacSk 20 tAs
usArke,. rssaitsrx n a.a sslos lie 1g.
sss fsws- feve1 pstshs*sA~1 earas~r 81 -ae
week A reeevsry 81 part cs TIE soss sssk