New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-02-19
CLOSING PRICES OF SAN FRANCISCO STOCKS
on THE STOCK EXCHANGE.

Tuesday. Feb. ls-P. ".
Stocks opened strong on higher London quota
lions but subsequently, became irregular and
moved with distinctive feature during the
rest OF the day the close FOR most shares show
ing fractional declines. Operations we're purely
Professional and in only few stocks ran above
1000 shares There were no developments which
We're reflected in the course OF values. There was
no enthusiasm among traders and no evidence or
large interests In the market. Outside OF the
Stock Exchange there was little doing in the
financial community except moderate business
among bullion brokers in gold and an Increase
over yesterday in the gold accommodating process
az the Sub-Treasury. The exact condition OF the
gold reserve is evidently causing a certain
amount Of distress TO some newspapers and in
dlyiduals who ought TO make better exhibition
Of their wits; and for such It is only necessary
TO repeat the Information given In this column
this morning which served to show that the gold
reserve had been restored and that the with
drdwals were not large enough 10 cause any
alarm. To-days Washington Treasury statement
places the net gold balance at $e300S616, which
does not include the receipts Of yesterday or to-
DAY. Deposits at other cities and amounts put
in depository banks which have not been turned
into the Treasury bring the reserve above 800
100000. Some OF the gold received by depository
ba nks has teen turned into the Sub-Treasury for
which legal tenders have been taken out, but
there yet remains considerable gold In the banks,
which with yesterdays ard to-day's net deposits,
amounting TO about 81, 500 900 places the gold re-
serve somewhere near SOP. No disposition
was made UP to the close OF busiress Of the de-
faulted bonds. but the opinion still held that the
Morgan syndicate would get them. The gold
Withdrawals to-day were not heavy. but the
presence OF premium on the precious metal
would indicate that the movement lie not yet at
an end. 1t is too insignificant, however, mater
tally 10 affect the gold reserve.
Another batch OF excellent railway statements
failed u have any appreciate influence upon
stocks. although ST. Paul responded feeby 10 an
increase OF $l25.514 gross for the second week in
February. This increase makes st. Pauls total
increase In gross earnings since July only a
little less than 81 000 0D0 Canadian Pacific showed
a gain for the second week OF February OF $4,000
Missouri Pacific gain OF $29 Co., Norfolk and
Western a gain OF 10000. Texas and Pacific a
gain OF SIG. DOB OF twerty-four companies report
Ing for the second week In February, twenty-one
showed increases over the same week last year.
Another statement worthy OF attention Is that
1ust put forth by the Erie for the month OF De-
cenber showing the result OF operations under
the new organization. including the New-York.
and Ohio Chicago and Erie and
bra nches or a total OF 2.045 miles. The statement
shows on increase In gross earnings OF S2s4,367.
an increase in operating expenses OF N79390 leav-
Ing an increase in net earnings OF $l043s
Total GALES to-day fell below yesterdays total
Of 1883 shares by over $1,000 shares and OF the
whole amount three stocks-Sugar Refining, 81.
Paul and Louisville and Nashville-fnrnshed
one-third The two last-named stocks were
bought IN moderate amounts by London In the
early dealings and were among the few active |
shares which closed at net advances. Sugar Re