The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-11-24

NEW YORK. xos D-The slump in steel ami
Wire a ~ points tast At the chose Of the trading
last evening WIS universally regarded danger
signal. The speculative public came do~n to Wall
street this morning in maod receptive TO sus-
sr.sssn rsme h the ,sr,r n s,,,th.y h,saE ~ =
points IN ssesi aud Wire. Apparently more ef-
fscfi,e point coad have been selected at which to
ATTACK the market. This vas kae~n from previous
experiences with this particular siccs The iron
ard steel tfssee surroeed 70 have had inn-t 10
nsss and. Y fact sssusai, q sase sntcsed most
dnsssy. The sssdien weakness 1t Steel and Wire
did raise any doubts nf the reports heretofore
sersptsd a the psu-peFons condisns IN that trade
and the excellent prospects for the future hut II
dia srosse setions apprehension 81 q determination
tien The part q some q the steel masnaies TO en-
ter hprn a course a slashiuG competition and to
unsettie the trade. as thes hare already proved
thssnselses sha.dsufb abae to do The wide
,sss ,a.s - ms..rrs NJ ne ses,ss Il |" ansss.
sitn exhibited BY tnlfrss II inus stsek tods, me
steel stecks themselves were most immediately IT.
department u the stock tsi. The sharp effect pro-
dses+a vas ins " part ~ course, "a extrnded slse
n'afiss accounts held an through tho market The
purpose q the bear impaipshly 20
aisiadss the holsispss They snrcreaed very well IN
doins THE, A. the desliue IN prices extended the
eHesiugs increased Thn.e atecee M which the
rseeas speculation fer N. advance has hssu most
scstss rese Materially the most snestcd. The icesl
traction steess, the gssnrrs. the pscsacs and Rial
tiassse ohio we're the noxt prominent Ia the
sapnwsrd massmeat sugar WAS freely sald on the
sss IN psi~c II refined sugar and cessss, which seen
81 70 fhfNafeu = renewal " fhf tfa1s Huf
the Afoek fesefish all finFx PraeticAiis the
emily effective resistance offered the deciyse w.x
IN tle rasls dealings New Nask Central and Ches-
st4ats 4 Ohip sanwed ~ontinuea strength sf that
timrs Naw Ncrs s'entsaI reae i last nixht.
An eFost Was ai-o made 70 hr1m Ainsigsmatea tcrr
yer the Nctaffea % ~ nrsf heiux dealt ia the
enlisted Department q The ssrtsase. but the hsss
nFses. ~hich 81. ths highest The trise
subsequently, isn hAst 10 E@. compared with 81
81 ne cnfR ns'asi lat hight The frraucnt rsriies
ssufias thp dAy. whea espxfs fsslnx Suirk
pFst Showed the professional eeaf chafAttss n he
ssfsrs on ths HAsrsei Bss the hisins ,leaaAna
sssnsd 70 estsnd h<ysna the shert issefsss ard
ths nsrkes aaiesss h~f animation fhs rallies
The sie<ins sKfessns and uncsstAin. IA, Al
CONSIDERABLY stose thz lawsst sof many srets
T,efx Wss nathfas IN tho asssea nasskst 10 rsusr
apsstshensiAE Iatps rnitse Al aA PR f~nA W. lo~s<
ptagshsiiy sii dsf The recesFss Il g1ia from the
passhs gnaSs insure zaed IN cash RESERVES
TT trtauFra~s lszHk siatenrnt. aftassagh ghs asf
feeests fsNh ths infcstcf ca tAe esfFt r,rsesurtt
ssc@ cuncsssrshis failing - sscn isst wesk
fnefe vsre trsn SPOT. IL ths hesa market asst
esiiseed t1uds ~ ~hoAs we're ssesira ~ ssnss.
thy wHh ~ sesefeuasy ssavrt0eat ia sf,sks rrtAt
szges rae yslas. C. ss&ms
trffrA STATES \ registered sasanerd \ srA I.
cesrea Esd NJ = y w Ald ss = nes Il = ADD
fsfpesirs y. vtsn isspsd. = psf eeat 81 ne last
fsA