New-York tribune., 1895-12-12
CLOSING PRICES OF CHICAGO STOCKS
CLOSING PRICES OF SAN FRANCISCO STOCKS.
on THE STOCK EXCHANGE


The market for stocks was dull and narrow
and almost wholly professional. The business In
the Industrial stocks was not great to-day
but transactions in these stocks were reduced
to a lower level, dealings in other shares also de-
clined and total sales for the day amounted to
only 205.s63 shares. OF which the leading Indus.
trials furnished more than one-half American
Tobacco is going back to its normal condition IS
far trading in the shares is concerned and
though its total sales amounted to more than in
any one other stock. II was not so extensively
dealt in as Sugar on reducing its transactions to
full stock. The directors Of the American To-
bscco Company to-day approved the action of the
management few days ago In passing the Feb
ruary dividend and the Stock Exchange Govern
ing Committee failed to take any notice of the
Tobacco Incident at its regular meeting this
afternoon. The Industrials were generally sus-
taned by covering OF shorts, and the only decided
weakness was noticeable In the shares of bank
rupt railway properties such as Atchison North
ern Pacific preferred, Reading and Union Pacific
The GrangerS were fractionally lower on small
dealings. and other active shares to show losses
were Tennessee Coal. Wabash preferred South
Railway preferred Chicago Gas Distillers'
and Pacific Mail The last named STOCK suffered
from ruTnors that the negotiations between Pa
cifc Mail and the Panama Railroad were off but
these were subsequently officially denied Con
sondated Gas was up again. reaching l59. but at
this point profits were taken. and reacted TO l5
its closing price. Reading vas largely dealt in
and weak on reorganization prospects which Will
give severe penalties to the common stock West
ern Union was fractionally higher
The withdra wal OF 81 900 gold for export had
no effect upon stock trading. but ii caused some
surprise, as II was expected that only small
amount would be taken. The demand from
bankers does not indicate that the inquiry 10
remit for January coupons and dividends will
be much Of factor until after the beginning
OF the year. but at that time ii will be too
heavy to be satisfied with the supply OF CONNER
cal bills which will then be in the market
Just now gold is being exported at a minimum
profit and Il is not thought likely that any large
weekly totals of the metal Will go out between
now and January. In fact, to-day's withdra wal
OF gold was hardly justified by current rates
ana II ls presumed that the transac action was
special one on inducements held ont by the In
perial Bank Of Germany. The demand for re-
mlttance Is not heavy and the market remains
dull with actuai rates at 4s7s. s.Q4.Ss and 4Ssa.G
4S9 Tor long and short sterling respectively
The gold reserve. with to-days Withdrawals is
under 100000, and the talk Of another bond
issue Is again coming TO the front. The low
estimate or the cotton crop by the Government
report issued yesterday and the advancing
tendency OF the market are unfavorable factors
in the exchange situation, although for the last
few days cotton bills have been coming forward
In fair supply.
Closing prices of the principal active stocks.