The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-09-01

NEW YORK Aug M-Excert 10, snms rather
active selling q Sugar and Peoples Gas there was
not particle Of animation in today,s stock market
The sympathetic effect ~ the weakness u these two
specialties wired out the slight opening gains w
some OF the International railroad st0sks Again
AZ the close there sufficient demand from tie
short fnteSv~t which was averse to leaving contracts
prices Of some n the railroads hut the general tone
vas easy owing 70 late drive against Peoples
Among thoee 70 show notable asure.s were South.
cru Pacific New York Central and baltimore
Ohio. The weakness ~ Peoples Gas sare a stsik
ing ilinstration Of the lack ~ inccnssfensv in the
minds Of professional operators Tho Other day this
stock advanced on the report that newly organ
lied company in CHICAGO was IN control q inter-
ests friendly 10 Peoples Gas. The professional I'M
trliigenec by today had srrived Al the conclusion
thst the formation Of this friendly cdmpauy must
he the signal for upon the Ogden Ca. Gem
panv, the rival Of the Peoples The stock was ae-
corinsiy sold industrionsly at expense q "a in
ifs price
The movement In Sugar was shou. equally indie
pendent Of the news a the day. and apparently
dive 70 realizing on its advance in the refined prod
net which made yesterday The part taken b.
the professional element was based On scrutiny "A
thu source Of the orders in the stnck and when the
traders thought they could trace seHs orders 10 IN
sidr sources ther traded on ard sold
tobacco and BROOKLYN Transit WERE weak anrsns
the morning. hut rattiy recovered later IN the day
Chicago Terminal preferred lost "a Union Bsr rse~
fefred IA and National asesi preferred II
Money market conditions. consisting ~ essirT
q ths London Discount rate sra ihe promise q a
strong bank statement were ignored
sales par value. Nssn0a
United States old h declined l IN the hid price
Speculation has maintained It's Indifferent tame In
Wall street this week About mitweek there wAs
stsfening a The markst snd appearance n awat
epef Interest hat IL proved to Ne cue ~ nothing
more than recovering IN demand from ihe sharss
The determined abstinence Of capital from saking
part IN stock operations gloomy fore
benss anong the professional traders that the taih
tic Interest IN listed securities has heeame perna
nentis innpaired There & no douta Tbs, ,hf whole
issues ~ new cspitai last year. ths uefhaas en-.
riassd 10 fetsh ZIP pFises - ~ the nsw indus
trials g enable promoters 20 tsFe Handsomely. sni
the Subsequent coihr~e n those stocks made
v exr~vseuet for iarre speculative ennsinxsnt snf
impaired tbs confidence ~ the Tensrsi Public IN the
values of securities
when the Increment ~ earitAi whsrh hss been large
r the rrcspsTnFis psfo ~ 'he last frs yesrs nust
present Disparity n rrnsy rates here snS abeasa
ard the vensnnaare In the demand fnr Faer-
chsassss product tnsrs = e. nsisfie e ~ SETTLE
In fart ERE sendenry h ~ st further sxtenf fhn
foreign credits b. expert r Tafa - p'Erg asse9
eosrSs.sifr. - enveg the requirements q
rrest tsreisr hspss. A. foreigners nssas fw sar
rfo-i1rts continue wrvatre than So theirs sHd
mr. rsrs-saesidr ~ rni nstss ~ A. me ssrrs fras
ihe srsstss snusee - supesv r. shAt rr~ssi there
IA feit ~ r-eassrp 81 sxeeiA nd4frneet te Asa<s.
iran creditors = rsirsin trc~ esfins hars shgir
i, i rsnsiaesss ln.vs,sAas shss cAina saus, rlase
large loan rneef ths dsasnAs ~ inssnsits ae.s
AHsTiesn ear.sl I. sxaesssd e as,sssh resiigh .
sevrrai rnsr iafaeniAai IN FaN s,ek rssskes
1rvris srepssa hrrss suoss rsrfss9iensl es@ratess
that ths raafset was - threw ~ sa tsfk3s1g sst
y Wa ras realised
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wish sh4 svesrtlaa n neeNsiogal aasnsaA ~ iast
sassAi hgnss fnlsff ata*vs rsFa7Alsx r. when
issssa sns ~ q teeaDesF is ~ tsa fsssss Tia
new "a hfBancss I res fsnf
Money md Exchange.
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WIS sesmsi Is ataess " tsnB hga ss sara ~
Hssfsss snf ~ 81 az ~ ststf sagE FVstFt rasrs.
81 a svst a. ~ fssu-rsygis hlss 81 saess3 So
~ eertiefsiss sts@sze nat sglssi 80 nsx$zsn
safiars tS5e
f.rae4nnsfpt hssss TEak state b9saAs tnsrflre
nsilres4 heasas irfexnlsf
Metals.
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sses wasireaa ntg AaM as sranaa
cer4rr B. rezsas ~ >, q tthssr sat Cali ard
esnsrA # NdFs
Tia ssvsnss4 ssms Ms9s raag's - us 'assi sua.