New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-10-05
CLOSING PRICES OF CALIFORNIA STOCKS
SAN FRANCISCO. Oct. 4, 1856.
CLOSING PRICES OF PHILADELPHIA STOCKS.

rho.. o,sra.or. who, being beartshly Inclined
.te,ted" the oapaoities OF the stock market iuiiy
demonstrated what the general temper OF the specuH
tion ,outside OF Bosrd-room scalpers) H. LUG
market opened generally steady. and n's'
pr,ces generally showed little OF no
,mprovements on Saturday evening. but imme
diaeiy following the opening there was perfect de
use of stocks thrown the market the sales OF the
nr.t hour amounted to $4,000 shares, and, leaving OUT
those of New-Yorx and New England and OF western
Union which We're exceptionally s.rong, the Uahsac-
tons OF ne first amounted to over 10000 shares
The result was another ''reaction' Canada
Southern declined from 51'2 10 oo@
IL closed at 59ls Michigan Centra
declined from 81 s9la 1t closed at 81 Lake shore
decnned from Ola to 9Ol4 It closed at 81 central
and Hudson declined from ll2ls to lll's 1t closed al
1928 ST. Paul declined from 94s To 93s 1t closed at
e4as North western declued from ll64 to ll5+; IL
closed at ll6a. Central of New-Jersey de-
clned from 81 to 6O4; it closed at oll4
Reading declined from 34ss to 1874; II
closed at s. Delaware. Lackawanna ana western de-
cllned from 1877 1851; it closed at 1877 Erie de-
clued FROM S5s to 34as closed az 35ss; and so 1t
was with the general list Under perfect food OF sales
sither for the "one or "shor'" account there was
n temporary decline prices which were absorbed
however and asked for Western Union was stroo9
all the way OUT 1t yielded PET cent fro"
Its opening price, but the steady buying carried tne
price NJ from 74s to 7s497s We are ignorant OF any
the extent OF dealings $4,000 shares to-day anu
It's recent steady TO indicate that therr
n. 1qs e@SoF S SSs9 Nv
vance and to-day, with transactions amount
hisb as 6Sls and closed 67's- against
62l4 saturday oar readers have been inornru ever
aimee the stock AS that tile expected movement I'D
a. had foundation III It's greater vau- PrOoapy Ine
stock viii be absorbed Tor IN estTen ana .nat WIZ
Manhattan Elevated or the New YORK Sly anu III" LII
had
NewEng ami road sent the hsnhsuse s . sn
speaks well the general appreciation Of tue value OF
cannecton wi the Nv Yors sad Ne " En- sana plant
The market closed strong at about the best prices.
The market Tor the iOng-cate Government bonds con
tiuues rule strong particularly Tor ine Yer cen.,.
the for which to-day were further .dvAnced 3 per-
cent There something singular about the recen.
recset demand cane from the National banks for SUD
etItutlon the On ted States Treasury for called
= seltevident that 1t is for the interest of snr
banging association to deposit $1,000 legal money-
iese Of Circulating 80 OF it, notes and the buy
Ing per cent bonds at l2S Tor tina" purpose IN &C.
per cent interest for the privilege OF circu.
itng 5000 notes and ooaiGiHs n5sres, on ncn .s
would stand Interest at pa per eeut on $50
f,rcaist,on IS S54 rosa $50 90 against loaning the
investment Csl,29O) IN bonds at per ceni-s'a AZ,
the United Treasurer OF per CENTS TO secure bank
noIe circulation. nearly SlOOOOlO was withlrs rom
PROBABLE plural used IN Indicating the source OF
the demand was an error perhaps u ehouiu
have been stated be from large National bank All
securtes sucn n0nds OF the Government or or cor
nor1oDs which are regarded sol leiy gooi Tor the
priucipa Interest prom sod nave v.iue
.nat may be accurately measured ny tue money mar
yet When tuey have reached that stage OF certainty
and all the elements OF chances ana speculation nave
been eliminated from their value 1t l. hkri snd VIII or
duarily huctuats only the rates for money a." Bdt
win the United states cents the mt movement
OF Juiy the per 4 AT about III ana thai
was con sd-rrd hign for them after ion< period wnsn
money ruled at q per cent II wa III tne nrsl
week in that lie money market began 10 harurh
and for four the rate mas been larry per cent
moi counting The nign AT the STOCK EXchAh<e-
Yet th- As quoted l2Sls ex-nterss an al
vance of GA Der cent. While tne rate Tor money
has ADVANCED 3d4 per cent II we are
t,ll th4I all National banks must hold a
c.rt.fn amount OF Government bonds whether
tb.y take out circulation not rey that the "a IA
now have on lie o. with the Treasurer over SlsO,
OOO 600 Of l. and 4lo amt that it not PROBABLE that
any uauk holds named less tntn tue maxi
mum amount OF bonds required TO be held Annexed are
the closing quotations: