The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-01-24
NEW YORK MARKETS.


NEW YORK. Jan. 23,-Speculation In
stocks today passed previous high record
marks both in volume and In prices at
tanned. Transactions In stocks figured
for l.fsp0 shares and sales OF bonds
reached s2api,nO
Trading was furious at the opening and
the highest prices were reached In most
Of the stocks on tie initial bulge with
advances Of 10 II points in come cases.
There were subsequent violent breaks on
rea.sz-ng os profits. The market then be-
came auieter until another exhibition OF
strength In the afternoon when the coal-
ern and Gould stocks got to the best
The bank statement. which seemed 10
assure easy money was the handspring
in the marked strength. London opened
arm but declined on operators taking prof.
its and then steadfed on curb transac-
tons The extent OF the public interest
I'm the market WAS reflected by the con-
gession OF business in the stock exchange
and in IN. commission houses For in
stance * Was announced 10 a brokers'
customer today that AL orders would he
taken subject to delay. as their represen-
tatfyes on the floor were una bic TO attend
tn all OF their business and that noor
brokers were refusing orders as they had
more on their hands than they could exc
ecute.
OF the extent 81 the early advance, one
customer who had given an order TO sell
q block % an active issue received tsG-
90 more than the order called for Large
heavily IN the early dealings huf there
was said 20 h. considerably taking hack
Of stock 81 the afternoon fha. had been
sod earlier ard round amounts az stock
ware covered by the traders some o. the
most sensational movements were an al
vance az - in f7stssssgg g. e. q 81.
Louis 3 decline Of Is ard net gain os
A.. Canada southern advanced Ies2 re-
acted 70 ard gained sT. c. e. & 81. Louis
r0se So. dropped points ard closed within
enc paint ef ssse best New York Cen
ira. advanced "a. fell back 81. AID ended
with a net less 81 =. Manhattan rose
fTacftoUa3Iy broke 5 points rallied a.
and closed = up. Al one time or another
In tAe tra4SnG there we're extreme adj
vances fa the following stocks not prevs-
osgssy enumerated. Reading first preferred
~. seconds 5. Pennsyfvars So. Onsarso
= Western ssA: General Electric a..
Iesrksw s=sna az. American Mat a.. Lake
sshoTe and NeS YORK Chicago 4 ST Louis
frat preferred eAen. international Pap
- ~. New York Teasrss 81. So Louis
& San Francisco SECOND preferred and
Tse'asmSe 4 Hudson each. Northwest
and Western Union ~ sassh- After the
earsv Use IRE heavy selling movement
s~eppet rTsces rapidly, brooklyn Tran
SGT. Union Factsc. ~. Paul. New York
central ma3 n.any etnsr stocks yielding
from ~ rsasnts TIE market ssrarns
ssssN IN tia afternoon sGt Jsvenrd Up later
under the leadership ef TIE cealers.
EnaFr0ussa purchases Of Reading carried
the prfce Ba "a Ard other eoaiers were
spread IN CsatRrto 4 western which
tarnpg5 So On transactions 81 ever essnss
sARrss TIE tesse< SEEMED 70 tsa thar rhs
company @soui9 nerssst ~ the BETTER con-
s5itfrrs watch 2Nre Sad to exist IN TIE
arfN-arsss caEf trade Et was sa5s a r-aa
~ sssrTystgElE4ns Sse conflicting interests
Ia ira trade has FeaGhs1 a preliminary
stage. The Changers we're rather cs1tss
- sAe Afternoon Speculative f-.ta-ext cers-
tered in sAe ssscgsass5es- Notwithstanding
tae ssS6~Escas - st-wGgtA in speculation
nary sara closed notably lower TIE
rnssfe FsTsssTssnsns ~aw~ Union FaGs@- n.y.
fegee=5. Omaha f'el9-&E Steel BrsakIyn
E~sssS.z t'ssra~aisSate. Gas. Ns~ York Cen
Ia. AMI SssGASess. watch xsre CO sgoxr 10