The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-03-30
FINANCIAL AND
STOCK REPORTS,
Mining stocks.
MEM houk.
The stock Exchange.

NEW YORK March y The stock exchange at
mosphere was rather oppressive during iodays Sos
sion and the offerings to take profits absorb
cd with less facility than on previons days during
this week No better explanation of the nsction-
falling OF IN the demand for stocks There was
some manipulation fnr the decline, which was a.
brought out a volume q offerings that ocked nkc
the uneoyering u stWNioss orders hut. IN the
ing, The profit taking prureeded apparently in an
orderly manner and any considerable recession in
prices led 10 the decline in the volume Il offerings
ana deh market stocks which have sone W the
most during the week uaturally most affected
notably the trauscontinentSi railroads and the
southern trunk lines There wss indication
q positive weakness in o. the graugerS aud
The coalefs sud the tendency in the latter group
heing due 70 the rather disappointing February
statement Of the net earnings fr the Reading com
pany There were not lacking also points a strength
in the railroad list
The most notable upward movement NJ the day
was in stocks Of railroads in Central traffic terri
tory and what NAV be called sahsidisry Vandersiit
lines. Zig -Four led the movement and Il was shAr
"a IN by Chesapeake Ohio. rittshurr Cincinnati
Chicago q ~ Louis Canada southern and tho
New York, Chicago a ST 1oais stocks The pro
fessed ground II this advance was the conference
= railroad officials in this cts lookine to the en-
fofcemeut II agreements 20 maintain rates The
Atehison stocks. Louisville Nashville and other
less conspicuous stocks continued strvnT Aside
huyins demand was due 90 apprehension over the
effect q the gloomy official OnsivingS regarding
the prospect for the future dividends on the stock
of the sugar company sharp break In that ztnck
at the opening seemed TO have little elect on the
market but when its weakness was seen to persist
Tmpathetio heaVlness developed elsewhere IN the
industrial tst and Among the local traction stock.
There was no indication 4 stiffness in the
money market, hut probably the wlAxei demand
for sccuiatve purposes had something to do with
this. The end Of the month and the quarter ia.
Wolves sonc preparation to meet dividends aud in.
erest obligations and this factor besot some pifit
= csu'ton about using ton freely the facilities ~
the money market inspeculaiinD The sub,reRsnry
for the frs, time this week gained small amount
from the banks and the goFrrninsn, institutions
dehit balance AZ the clearing house fell 10 SAiR ss
hgra
t1ure this week
This symptom attracted attention, not Withstand
ing that the gain between the banks and the sub.
treasury for the week sili amounts 10 over 81 90 coo
London continued 20 trade actiyely In this mar
net, hut with much less influence sentiment than
heretofore. owing 10 the kn0~leigr that the pur.
chase fof that account carried to largo extent
by money borrowed In New York
The bond market continues active and for the most
part strong though there pcints a Weakness
in the list Total tales. rar value Ssbpn
United States bonds unchanged in the hid quota.
tiors