The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-11-10

NEW YORK. Nov. e-Today viii prove a memoir
able in the history Of tho stock exchange. both
by Of the and the great variety Of the
business done The aggregate number OF shares OF
all stocks traded in footed up no less than 5 900
shares Of the listed issues, and the number Of diff
ferent stocks dealt in amounted TO III issues There
were none OF the enormous individual transactions
nT Of WeSnesday Sei,hep was there 1d the syncbro
nous movement Of the whole market which
so conspicuous wednesday. including the brief
period Of reaction after the first upward rush OF
prices Today's market. On the contrary. exceed
ingly varied and irregular all day. and the furious
activity continued without intermisson or abate-
ment from the opening till the close The first trans
actions showed prices Of some stocks pushing up
ward while others yielded sharply TO the pressure
Of realizing sales Both movements proceeded with
undiminshed yigor and with entire disregard of d.
vergent tendencies at work. Different stock and
different groups Of stocks were successfully brought
forward into the advance and successfully yielded to
the pressure OF profit taking sales while spectators
rushed to another group, transferring their profits
from quarter Of the market to be invested in
genuine bull market in full swing and the fact
that the rotation Of the speculation was brought
around into the railroad again before the day
had elapsed added to the confident sentiment for
the advance At the opening and during all the
early part Of the day the railroad stocks were dis
tinctly under pressure. Northern Pacific and the
whole Of the Pacific group we'll Pennsylvania,
ruled under last nights closing level But under the
sustaining influence of the strength in other points
in the market profit taking In the railroads. includ
ing heavy selling for London account, proceeded
without serious impairment Of prices The local
ing Sugar and Peoples Gas, continued yesterdays
upward rush for time and then succumbed to the
season OF profit taking. Speculative interest shifted
TO the steel stocks, and ultimately carried stoc in
that group upward from to over points, the
latter figure for Steel and Wire. which came late
into the movement The demand for these stocks
and their gains were, on the whole, the most con-
spicuous and well sustained Of the day. The coal
advanced group, Reading first preferred lead
ing, with gain of rs. They were followed by the
grangers. the Missouri Pacific. Baltimore 4 Ohio
and some southern railroads. and during the last
hour Sugar and the Pacifcs generally The fore
casts OF the weekly cash changes Of the banks were
not altogether rcassuring, but the call loan rats
failed to give any warning indication OF a scarcity
Of funds, the speculative activity continued up
TO the close.
The bond market strong. active and broad TO
degree corresponding with that for stocks. Total
sales. par value, Si.60,0Q0
United States Is advanced "a and all other
issues except the registered 3s Y Per cent on the
last call.
Money md Exchange.
Money call 2d4 per cent last loan 81 per
cent Prime mercantile paper. az@5h per cent
Sterling exchange. firm. with actual business in
bankers bills at 81 s5la@4.a7s for demand and at
S.soss@t. sos for sixty days. Posted rates Sslh
and Ns5a4 SA. Commercial bills, 81 soa4. sou.
Silver certificates. Gis@65c. Bar silver. 6i%c
Mexican dollars, soc.
Government bonds. strong State bonds. inactive.
Railroad honda strouz