New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-09-19
CLOSING PRICES OF SAN FRANCISCO STOCKS.
San Francisco. September IS. 1895.
ON THE STOCK EXCHANGE.

Wednes lay September Up m.
Transactions in stocks were light and all inter-
ests were waiting for some important develop
ment in the gold and foreign exchange situations.
There was no material change to-day In the for
eign exchange market which remained strong
and dull with few bills of any kind Offering. Only
small amount Of gold was taken for export. and
this was Offset by deposits by Brooklyn bank
and by other institutions which needed currency
for crop movement purposes. but the reports OF
bond deal were still heard. and conference at
the Sub Treasury of representatives OF the Treas
ury Department and a member OF the house of j.
p Morgan & Co impressed the Street that some
transaction of importance was being entered
upon Assistant Secretary Curtis again replied to
questions put to him that he was In the city on
private business. and perhaps private business Is
his understanding Of negotiations between the
administration and firm Of bankers for Gov
eminent bonds The advance In the money mar
kets has not yet been sufficient to cause the lend
ing of foreign capital here, and well-informed
bankers say that call loans must advance to per
cent before bills will be drawn ana that an ad-
vance to sac per cent Will be necessary 10 prlhg
anv large amount of exchange on the market.
Commercial bills are not coming forward with any
marked increase in the supply. and the decrease
in demand abroad for this countrys wheat ana
the unwillingness of English spinners TO buy cot
ton 10 any extent at the higher quotations leave
a vast hole in the foreign exchange market when
has TO be filled with gold. The Withdrawals for
shipment
$4,000. 000
Rumors Of expected heavy Withdrawals of gold
IN the early hours Of Stock Exchange tradlng
caused a reaction from a strong opening ana al
though at times there were rallies ana attempts
10 boom the market, the course OF prices Tor the
rest OF the day was unsettled. and only Few
stocks succeeded in improving their values above
1 per cent. Commission houses sold some Stocks,
and London bought moderately or 81 Paul. Inc
earnings OF the ST. Paul Company for the second
week in September. published to-day. MADE
favora BILE showing. and this exhibit. with the I'M
proyement In the anthracite coal trade, helped
stocks to advance for while with the excep-
ton Of the Industrial shares. however, no large
gains were recorded Yesterdays bull movement
in Chicago Gas continued to-day. and 1t scored
further advance oil 2lz per cent. purchases In II
said 10 be by interests near the management OF
the companies Distilling and Cattle Feeding
was up over per cent and Sugar REFINING less
than per cent. The agreement between the Pa
ciiic Mail Company and the Panama Railroad
Company for a division Of territory advanced the
shares Of the irst-named company per cent, but
subsequent profit-taking sales carried the price
down at the close to point causing a fractional
loss The general railway list was inclined 10
heaviness while specialties were generally strong
BONDS-THE FEDERAL TREASURY.
$40 900 registered A. OF 1907 at 1ll%. The AZ OF
1925 were higher Final quotations were as fol-
lows: