New-York tribune., 1895-12-29

s,r,,,s - SlIOSs so SIS 6I5 Dec. sl.lis.l.o
Tho Clearing House statement for the day was
nc follows: Exchanges. sll47S7lOS; balances,
s6 S1972l. For tie week: Exchanges, Se6165s 700;
balances, $685. l0l,65l.
The total bank clearngs Of all the clearing
houses of the United States for the week as-
gregate sI12O, Al $40 against sl,2517SSSS last
week and $500, 423,3o in the correspohulio WEN
of last year.
ON THE STOCK EXCHANGE.
Wall Street looks to Washington for de-
velopments which are likely 10 influence the Sc
curity markets. The uncertainty as to the rate
Of the tariff and bond bills in the Senate caused
shorts to cover to-day AS a result, prices raj
lied from yesterdays declines. closing al net
gains in most issues Jersey Centrals, Consoli-
dated Gas. Chesapeake and Ohio and Chicago
Gas being the only exceptions among the chier
active stocks. Lower London quotations had an
unfavorable influence at the opening, but the
market was entirely professional and little at
tention was paid TO London prices. as the shorts
were unwilling to take the risk OF unfavoraoe
developments in Washington after the close OK
business and before Monday. Fluctuations were
in most cases confined to fractions. Sugar Re-
fining, Baltimore and Ohio, st. Paul, Manhattan
United States Leather preferred and Western
Union up lGl7s per cent. but elsewhers
in the active list gains were under per cent.
The advance in Baltimore and Ohio was upon
small transactions. and IL is to be noted that
the decline in this stock Of yesterday, and IN
fact of the last few weeks. has not been ac-
companied by any apparent effort 10 support II
by large interests in the company. The present
attacks upon the credit OF the company appear
to be based upon good grounds and indicate
an attempt TO injure the company. rather than
a selling movement induced by financial weak
ness. The company. according to its officers,
has all the money required for January interest
charges and the recent changes which have
been made in the directory OF the company are
sufficient to promise great improvement IN
the roads financial policy In the future. In
view Of these facts. II Is surprising that the
stock has little support.
Several houses which had arranged to ship gold
to-day did not send out the amounts Withdrawn
from the Sub-Treasury yesterday. only so35.Oo0 of
the s2.0O0.0O0 ordered going abroad This action
caused considerable comment In the Street. and
or gold was on account OF the forthcoming issue
OF Government bonds. There will undoubtedly be
large number of subscribers for the bonds. as
Is shown by the demand for gold which yesterday
resulted In a slight premium for the metal and
Tor legal-tender notes. Bullion brokers have re-
ceiVed orders from individuals and institutions
Tor the metal so as to be In position To sub
scribe to the bonds. and the holding back to-day
or nearly N50000 gold intended for export seems
iikely 10 nave been FOR the purpose or buying
bonds Bankers would give satisfactory ex-
PLANTATION OF their reasons for not shipping The
condition OF the foreign exchange market Is GER
tainly not such that bills can be obtained In
fact 1t Is strong enough to indicate gold ship
ments FOR several months to come. The present
supply or cotton bills Is slightly improved. and In
January there ought 10 be large amounts OF
grain bills In sight but the demand Is too far IN
excess or the present supply. what II is likely
10 be In the near future 10 make material dil-
ference In the gold export movement. Undoubt.
edly considerable more metal than that ordered
would have gone out this week had II not been for
the expectation OF a new Government loan.
The following table compares the closing prices