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


NEW YORK, March 2 The stock market failed
TO show any positive strength at any time during
the day and in the late dealings the whole list
Yielded to bear pressure the news o. the threat
enina aspect II afgeirs among the metal workers
IN Chicago The loss of iron and stec stocks yes
tcrday. which due TO large selling orders on
Chicago account was thus espeinsd The bears
plenented the news q the labor troubles with many
vague rmors Of purpose TO defer dividends. which
have hitherto hccu furecid on mofr o. less reliable
authority Reports were circulated alao n enor.
nous rival combinations to be oiganised TO com
pete In this industry, As the result 81 this press
urr the majority u the stocks IN the gtonp were
depressed "A 10 points. The character ef much q
ne sar WIN, sss "as ,,.,s"a" ,e., snsss a
and National steel recovering from 10 points ~
different times sugar was subjected 70 heavy sell
ing all day, which was without other explanation
than the continued doubt over the dividend pTas-
pccts but which attributed 70 a new bear ae-
ro,iut The stock dropped 70 par fov the nrst time
since the summer depression ~ is@. incidental 20
the national political campaign and tsll further TO
lr~s u al Third Avenue suffered from additional
liuuAtion, incident 20 fear N heavy assessment.
is s IN s sss mice Fsb ss @ Sea1 s .oa
latter part u the dsy.
projected proceedings against The legality u the
combination. Consolidated Gas was forced down
preferred Tobacco and Metropolitan street Rail.
suffered 10 the extent q 10 y The railroad
stocks yielded mvillinaly until the late rad on
the market. when large btoch we've thrown ever.
" Paul leading with an extreme drop o. Z petnis
Baltimore A OHIO, New YORK NratfRi and south
efn Pacific were also notably afrrtsd. The later
rally on hear covering reduced the not LOSSES " the
railroads TO fractions except IN the eaags mentioned
There wss disappcu,rnen, that lsaudon did NOT
rsspud with greater enthusiasm 70 the news n the
relief ~ iadysntth ~ hNftng stocks The Aisposi
tnn there was realize and London was small
seller here The prospect q a heavy decline IN
pius reserves In the hams statement induced soUe
selling hut the preliminary estimates u tho cash
movement hy express indipase snail net gain on
the interior movement THIS Il attributed % ship
lnsnts hV iniefiM hanks % New Nesk fof the par
pose AZ buying auvc'nmeht hupds Bat the Esin m
this acraunt Il quite Insignificant romptTed With
the wcsks losses ty the hapks - the slhtreAsaFy.
which have Amounted 30 s. % 90. Tins making IN
critabie further decilne " several mitons in the
slrTius reserves Il thr banks
The hond market was rather dau aud pstces weld
"a in sympa;hy With Eipske. Total sals<. 81 .aseS
unitcd states ayss dcrncd ! ia the hia pstcf.
Money aud Exchange.
Maner ca call steady. last leans . pzr cent 3
prime mercantile papcr. i4tt5 pcr cent sfstiiRs ey
change easy With actual business VA bankers hills
Al 81 N4 "a ~, iuF dsrnand and AZ n ssaat1 Nv
sixty aaYs posted rates 81 stefA so and 81 1884 !.
commercial buls - Sos ~ silver certificates saas
salc. bar silver, $50 Msnscsn dollars, sfN S8r.
ernmrut bonds. easy state bonds Inactive rstiFosa
bauls easier.