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Show Uall Mrrel Cxeltol Atmln. Nkw Yoiur, Sept 11. All the seeulatlvc market- today uere excited ex-cited and unsUady, aud the fluctuations fluctu-ations were more violent Uian for many years. In the grain markets the fluctuation fluctu-ation was wild anJ prices went Up with a rush. The brokers weru all amazed at the government crop report, re-port, It being Uie must unfavorable, taking all the crop together, ever issued, and the shorts nnd different upibu rushed to cover without regard re-gard to price. In the Stock Hxchange Uiu holders hold-ers of suxk were tL-iggcra! at the estiniaUs of the erojsi. Tilt Idea prevails that such a falling oil" lu the yield will have a disastrous ellrct on Uie uct returns of the rail-road. rail-road. Tlie crap report was soon lest sUlit of, however, In tho alarm cau-rfsj by several of the most eot-tervatlve eot-tervatlve hous.-s tailing in llitlr loans on sleek collateral. The rate fir call loans at once ndvauced to a premium of one-eighth percent, in addition to legal Interest, and on tome sticks no loans could be obtained ob-tained at any figure. This forced renewed attempts to liquidate, and a decline folio rrd. verytbiug on the lit suffered losses, ranging from I to C xr cent and for a time the market was demoralized. de-moralized. Heavy offerings of gov-irnment gov-irnment bonds for prepayment of Interests then gave a fresh supply of money and to some extent restored confidence. In the better class of stocks m t of the decline were n covered. |
