The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-03-11


NEW YORK. March lo--Ths trading 4, .,..s.
vas largely confined today to Operations BY hoaS9
Iuoms operators. ~ has been the case during i've
mo no'e Wei but there was some small but slsnn-
Any o"yint from outside sources especially mani.
iest IN the taking o. fractional ots "a stocks soy
investment which proved the aetiveness Of the
dent upon ordinary money market yefsstnas. g.
holding stocks for the dividend returns whirh ,ber
noo 9.t The wide distribution Of tho dealings
Also sdded to the healthy appearance OF the marss,
ms character Of the bank statement was 90 cann.
oenuy foreseen that it, appearance was not await.
ca Tor the esosing no Of professional contracts the
traders have besn ths abort side on ,hs ,n.,tas
quite uniformly during the week so that the clos.
ins W o contracts stirened the market very appre
aaoiy. sugar and Peoples Gas were notably in 40
msnd before the bank statement, hsrt werr aold
% aEsin together with the local traction xtock.
me OBVIOUS unwilnsness Of prices to yield on the
sank statement iIove tho bears 20 cover again
sugar advanced an extreme u and Peoples "a.
snd me whole hst rose 10 the highest ievsl ~ he
mofnins WITH mere show o. animation In the deal
ing, than has been evident for several days IN.
bank rsfnrus were fully weak As was exnefted
ne strength q the days market must he attrftnt.
% " iaith that speculative commitments hrinv
smal. the market Is not very vulnerable Ia . tam
potary money sqneesc. Beyond Temporary string
ency ths new currency and refunding Law /. cor.
hdeutly looked to fof speedy rrlief I.bs,. !. a.
undsrcurrent q sentiment also that sosne ~ ths
recent heavy loan expansion would be readily con
rsrubie or Transferable IN u any urgent pe,d
OF credits without doing damage TO present borrow
ers This WILL be true u such portion Of the recent
loan exransioa a. has gene into revernmsn, hanis
with view Of taking out additional note circ4lla.
ton
The belief has hecn hsld in wan street for some
time past that nothing prevented general rise Ia
prices but the disturbing efvct a the acute wenh
ness on few stocks. under the influence a cause
speih 20 thenissifes not ANYTHING bearing on the
general condition n the market for making az hshf
values But the meat conspicuous ~ these disturb
ms causes reached culmiuatiop daring the wrcs
and the stoeka affected have retired 10 a conp4Ya
lively obscure place la the market Ths aproipt
meat a reviewer for the Thifd Ayrnu- company
aud the action 81 the directors ct the American
LPH 81 -
dividend on Monday, two days IN advance OF the
expected meeting put an end to thu furious speci
lation and tho violent and cratic fluctuations In
those stocks. but still the market shows Hstass
and indifferent spirit and halted aud hesitatra
tAllins BY progressive STAGE into deeper slough of
tatien q rise naturally led 20 the dspressson IN
itself, aud the market, while mAntAiniu. waiting
attitude has become hearY in ,oHs and prices hass
ssgscd 10 level heig~ last weeks clase The raj
road list has e1srea much better resistance than
the intnstFiah And specialized but has net respona
81 with any positive shcw Of strength % the extra
ordinary exhibits q prcsperity made ~ ne great
railroad systems 81 the oouuty. The annual rspCrf
o. the Psnnsyisaris railroad osins to The grrai e.
tent u the sysefa operated and the diversity Il
uafac. weala In ftsef b. acosptei esusincipg sr
arece a prosperous epneitiens. not enE in The
railroad business hat w the general bushes. u ths
country TAe SgniacAn, fact vas painssd cult nv
ths president that he Increase IN the torrASe fsr
the yeas. easi 81 p1ttseafw aud Erir. whi-h was
l6eA M. vas greater than the whole TONNAGE uov,s
the sane unas " iSs "a 4ny yvaf mugio.ls
thereto. The ecutlrtion stpFsssea ~ the ssras
authority that The srnetsl Business u the reumtry
NAY 30 stp~ciea 20 increase H ths future as ia re
past, and the ccntdence wstA whfeh plans srv
presented Ter The eutlay q additiassi mlllias fsr
tAkins care 4 ths ntafs frcseAss q blaine.a a-e
ro~sr,al iaapsnoe toward puddle onnaAssce h Ia
stability & ssiuts Relatively ktsh Frtcs. nate
tAiaed Cor ,he stosh q he chigasa. Nuwaasor a
~ r'am comEang, en- per e~sI dividend basis.
rorpztea vita ethsr ErApssr Esiruass ts tsuihoani
aiee q the eentanimsut q sioekhsiasrs vita ne
polty u that eonapany IN m&kinx amslays
~ sfass eafunxs iar improvements sa1 ssttefnsnss
laoktus 20 The fusase sfcwth ~ erstnsss Bot he
pFusperoas eeaiiiions existing aad the svpressed
arersasAewea b. ~ ctiEsnriss Z TIE Ne~ Yask
raoasy market TIE GsfcleQmeats a. lhs pFsssEt
earlaie ms gnwsIi.nEusss n iasrs capitalists -
stnsks that thsTs Is acthpg 81 'saJ tat scaTe,
aud tbat ne esw tgivrIrs ls~ s.fes ssss,enes &
M ia.t4ax thaf ne curGency h.E w3n rpsult Ser
expaasiea q she nirTgmey ia dNe ssrsR AftfT tt ~
ecsss egeEa'.,s res.s a, ,ea s'aia -las.'s i''s
tsfuua eefas4 that tfie tse-aes aFaEt3e. stiActst
a piueA he the menty aasrs.t isfse Gesnarts oan-
80. ~ -sssesstls t,ans ana faF ssysas ~ ~
sfngnsnt hends ~ ttnkA VITA ftss 20 ukag
sat aantienal e'7ss'stien e,s'ss ne a.. -
n tAs 8fssis aasorptiaa x nAgas ~ ~ Nee Yss
sussroAsrEy, Last erek NJ diAia On ta4s sNSc1ai
satvasrt Is he sosssurucut q a s. s xs nofr 49,
,saut a shs Cwntesl Faahc. This scek atthopi
.ny sah saeiai transast.oa 80 We aisserssrsst.
a reasssas iassasut g. ths arv, It he ngatA. th'
tresswry has esrtrihsicss. tafsa out q gn.sstiaz
a Arrsr sum q nausy tAsn last ~eck-$ sum
arsoussiux T. more tAan hsf ne rrzaAlatnx ts.'
rius ose4 she b-xtl r~euiferieHts = ne Nfs Yes
txnhs' sash reserve II y in3iatlee e he spc-ia
s--,srn tssposed en- tho New Vera u,a1es uAffei
th.s ia tstai surYias n the grFeFnnsat rrTfc3n'
N, sAe rnr7xst meath srsFnujs - ralt Ahc1t ol %
sAird n ~ sreert taken w this ~nes fTg@ q,
S.rss ~ the EpAtrrAxnry The explanation u th4i
4 tAves uxcrnsrson q The gcTrrunsent reseAess Ars
nespe c,sllectrd frcn tmpolfe,S ~ 1fFeAAlassse "a
N. fsrsu a custom Auties AZ NrN NoTs VITA ~
sarv,Ss reserves Il Nsv Yesk bAnss last srFseA. ,
~. ehe yxnishing p9iut The April setNe1snts fe'
80 n. r,.t BEFORE relief COMES with rs e,sffefal
- ths unpsilingness TO take cat can lo@ls 9,
ny sts,es- l. clearly eSplainet
y .S,,sa hareis have hrsu Ia god demand. par
- ~. Atvinx hsins Attributed % ths pressure =
$40. rslsred ffum the sellin< o. ssfciaGeos uSa@
~ fnyestrsnt hnlasFs 70 hseSs .
united states cd a. and IS Ad.anesa l p. senL
q. ~,.ron l. and Is regular. 4; nss /. coupon a.
S.s 4 sn5 uew Is regular and the = in The ~
yvieS- ,-n
u,ns, on ean steady. - rer cent prime mtT
..-t,is PAPER ssss. ps= osaL stssAans s1SoaAss