The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-10-30
VIEW YORK.


NEW YORK, Oct cs-Ths stock market showed
PLAINLY enough this morning that the recent head
ions speculation has cverdone the prosperous copdi-
ions offered By the renewed outside interest in
stocks There was . conspicuous absence Of any
sensational story o. continental railroad com
einAhons and new oeeanfooeesn consultations.
snch a. we're furors svery day last week Like
topsr the rsock market quickly felt the need Of the
customary bracer" and began to fan away ia
week the strength Ct some a the startiur stories
current. were uneasy this morning when prices be-
gan to 20 downward In spte Of the absence Of bad
news and hss'ened to sen. adding to the depression
among the professional traders there was general
leenns that Teacficn was overdue. Thus the mar
set ignored fsvoIstie reports and either sold to
reanke or Put out short liues. Ths resumption Of
vork among the miners In the anthracite region was
one favorable factor. putting end. IL does.
70 ionsstsnding drag on many widely varied in
dustries and settling the persistent uncertainty as
TO the FINAL outcome OF the controversy The coal
es were heavy. preliminary decline in Tennessee
tesi uncovered loss order causing a violent
break Of points in the stock and sympathetic
weakness IN the whole group. The shutting down
in some departments Of the Federal company's
plant at Joliet seemed to depress the group The
Important specialize and indnsfrisls showed
rathsr acute resetonsry tendency. following the
mighty artificial advances OF last week Business in
this group ran from fraction over point up 70
and 81 points in some Of the New York stocks.
In the niirosd group the decline, were more mod
crate, but heightened list fell lais poants below
saturday. Northern Pacific inclined 20 resist
the depression all day, and IN the late desiinr
tone to the whole market The systematic rally
exceeded point In number Of cases. but the
closing was s,Li below Saturdays level.
Money conditions distinctly easter. and the
maximum call loan rate was 4 per cent The tone
q the time money MARKET also ezsv. Appar-
emily there was further uneasiuess the fi-
trre OF tho money mArkst The Of . further
shipment from Australia SATURDAY Of No 900
In gold furthered this feeling sterling exchange
hardened In response TO the hrmer money market in
London. which was result of the operations Of the
Bank Of England in withdrawing gold from the
open market. with the purpose Of iftius the money
rate
From Berlin came the report that the money
market conditions have ceased to excite zpprehen-
sion. a development that helps to account for the
strength Of Northern Pacific
The dealings IN bonds were large but the price
vas irregular Total sales sl-B0o
United States new II advanced n and the y and
s. registered y per cent
Money ana Exchange.
Money call. saN per cent. last loan. 81 per
cent Prime mercantile paper, sds per cent. ster-
ling exchange arm, with actual business in bank.
ers' bills at HS7i for demand and al - DA for
sixty DAYS. Posted rates. Nsloa4 siik and 81 s4h
a&.3 Commercial bills N.7sd4.N
Silver certificates. Sc Bar silver. axe. Mexican
dollars sO7se
Government bonds. sfrons: State bonds arm
Railroad bonds. irregular.
Bonds.