New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-07-12

CLOSING PRICES OF SAN FRANCISCO STOCKS
WHAT WAS DONE IN STOCKS.

Wednesday. July lip n
After a momentary hesitation In the lniri
dealings the stock market became stirling ar!
improved steadily to the close. The niovemer
In general represented little more than the cove.
Ing of shorts but some support received b.
a few Of it's favorites from London. The raj
way list recorded advances Of about per cez.
on the average. although activity was maInl
confned to Chicago. Burlington and Quincy, ar.
Chicago, Milwaukee and St. Paul. Exception.
gains Of more than / per cent were secured b.
Chicago and Northwestern and Delaware an.
Hudson. while Western Union closed up IL pa
cent Pullman Palace Car advanced 5 ponn
The leaders Of the industrial group made eve;
more pronounced advances. American Sugu
Refining sold above SO and at 9S7s at the clos
showed net gain Of 27s per cent. The buy.l
was largely OF the character whch the stree
denQGnates good" and the purchases ws1I
said 10 be based upon recent advices from Wash
ingtOn assuring the prospect OF tariff schedlaI
entirely acceptable 10 the Havemeyer trust Chi
cago Gas after a recession 10 12h, rallied III
75d747s. but the buying here was evidently hi
covering Of short contracts in the main. TnI
total volume of transactions was more than III
per cent In excess OF yesterdays figures. but IN
fortunately for the character Of the specultaas
over half the entire business was contributetu
two industrials-Sugar and Gas.
The sentiment Of the market. however. shovel
q decided change for the better. While the ral
advances were not sensational, at times the bsr
faction exhibited considerable eagerness 70 cove
The swift change from yesterdays discourage
ment due 10 the failure Of the threatens.
general uprising of labor at the call Of Dl:
tator Sovereign, Of the knights OF Labor. TsI
million men he pompously boosted would qls|
work to-day were found TO be made OF buckran
Wall Street was almost dazed at the magns,u1
Of the labor fuke and its enthusiasm was, pei.
haps tempered by misgivngs as to the reality al
shots Of the Federal soldiery took the courag|
out Of the Chicago insurgents and Anarchist
and public opinion Is so overwhelmingly agains
the fomenters Of disorder. that 10 continue ta
fight by sympathetic" strikes would inun
further defeats. The railroad embargo having
been lifted the lines are fast returning 10 nor
NAL conditions. and the prospect Of additions p|
the supply Of commercial bills with the r.
sumption Of movements Of products was refece
in the tone OF the foreign exchanges But
would be a mistake TO expect weakening ID lAs
rates sufficiently 10 avert gold exports on SaIu'
day The engagements for shipment tomorrow
were less than 100000 but the strength q
French exchange foreshadows more impor'an I
eflux at the end Of the week. II is by no meas
certain that London will not stop 10 count "a
cost and consequences OF the two weeks rar
way blockade while. as the labor troubles pas
out of mems minds. reversion 70 former iopS
OF discussion will not be entirely cheerful
THE DAY IN THE BOND MARKET
There were sales OF Government registered
at ll3Is and coupon As at 1881 at the Stock II l
change. The market was stronger and quo~ +
tons for the a. ard 5s were advanced isgt pa
cent Following the final quotations