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

NEW YORK, Sept a-with the exception o. a
dabbiing speculation In como q the spccialtes.
no particular interest attached to the dealings The
holiday In London aggravated the dullness. and
the weakness Of the active specisites made the
general tone heavy. The impending strike OF an
thraeite miners had depressing influence
timent generally. though the coalers themselves
were little affected New Jersey Central recovered
most Of its early decline and Reading first pre-
ferred was not down than fraction at any
time. None OF the other stocks Of the anthracite
carrying roads was dealt In. The comparative firm
ness of the coalers partly duo to the recent
large output Of coal from the mines and partly 70
belief Cat the strike might be restricted within
marrow limits. Bnt the prospect a a controversy
affecting large body " laborcrs and such large
Investments Of capital being abandoned TO hostile
methods Of settlement aroused uneasness among
holders and operators In securities Yesterdays
coyery in Brooklyn Transit gave place TO relapse
today. and Peoples Gas continued weak, in spits
Of an effort to make II appear that the Chicago
Gas was covered by an understanding between the
contendng companies A largo demand frurn the
shorts rallied the stock. and practically all the
loss was recovered The weak bank return failed
two affect the market The movement Of currency
to the interior has evidently been larger than the
preliminary estimates indicated II evident. also
that the banks have been obliged to draw on their
legal tenders TO meet this demand
The stock market made a false start again this
week. after the three days Of idleness, and after
brief furry Of activity dropped back into it's eth-
argy and prices sagged again to the former level.
The general investment speculative world was
not . participant in the dealings at any time hut
there was eridence Of holder and larger oper-
ations Of professional character, which was sup
posed to be due to the entry Of OF the larger
leaders recently returned from vacations abroad.
The board room professionals who have attributed
the prevailing dullness to political causes expected
that the determination Of the Vermont electoral
contest would lead to activity. The London
stock market was impressed with the same view,
and American stocks were pushed up brskly on
the London exchange Wednesday morning before
the opening here Bat the local market eagerly
avsiled itself Of the London demand 20 unload
some heavy blocks. Later in the day stocks were
London would be renewed on Thursday but that
hope was quickly dissipated Thursday morning and
London clearly showed its disappointment at New
Yorks failure to Participate in the buying move
ment The disposition on the part of london 10
biu stocks here was increased BY the marked ease
money At that center and the generally more
cheerful view held Of international politics. hut
the vigorous measure adopted by the Bank OF Eng
land by borrowing from the open market checked
me DOWNWARD tendency and gave intmation 81
knowledge OF some fntsire demands TO be made upon
the money market Suggestion. are here heard a
an additional British loan to be placed and the
presence IN France Of the Russian minister Of I'm
anee arouses discussion hero Of means to meet the
Russian demands. The London market hardened
In consequence. and At the same time sterling en-
cotton bills brought the market by the urrent
buying Of cash cotton to tide over the Ensli.h
shortage This dssipated the hopes Of London a
gold movement from New York IL IL oon,id-
cred probable that future British loans NAV serh
Judgment In New York. with view to INDUCING
Further movemsnt OF gold 10 London. The con-
on account Of the Kiondiks gold and the current
output Of American mines both TO DO reckoped
with In Judging the question Of reserves.
feature Of the week tho strength Of sil,e,
on hs demand for remittances frum China The
decrease in merchandise shipments TO China on
account O me trouble there calls for shipments
% silver against merchandise received from fhins
Tbs apathy Of capital toward securities has b.e,
quite as marked in the bond market as IN stocks
the a.es adssnced Y. and tho old fonn !, Der
cent In the bid price,