New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-09-10

"Wednesday. September 9-p. IN.

Wednesday.
The movement of stock prices to-day showed
considerable variation, the dealings being ac-
complished at wide fluctuations in values. al
though final quotations presented no substantial
CHANCES either way among the active stocks
Early prices were at advances from last night
closing and under the influence of a good buy
ing pressure gains of 1M3 per cent were made.
hut toward noon large realizatiOns caused re-
ccssions the bears taking the opportunity to
hammer all weak points. After the morning
trading there was little activity. the close being
quiet at n slight reaction from the lowest prices
of the day and with more net gains than losses
The situation in the money and foreign ex-
change markets was favorable for higher prices
in stocks and in the early buying movement tn
confidence felt over the outcome Of the fall cleo
ton was reflected i'm an increase in business
which for the day amounted to nearly 3oooo
shares more than yesterday. The stronger ten
dcncy rotod in the security markets in the last
fortnight may be taken as a faithful barometer
Of Wall Streets growing confidence in the politi-
cal and financial OUTLOOK
An Interesting and encouraging sign of the re-
turn Of confidence in the outlook is the easier
feeling in the commercial paper market. II is
likely that within short time the local money
institutions will be active in the market. and al
clination to invest in high grade commercial Of
fcrings country bank balances in this city beng
oncred yesterday and to-day for gilt -edSed paper
at rates running from \ to y per cent. Inc
monetary situation is decidedly easier, and the
expectations Of increasing gold imports should
make il possible for the hanks to extend greater
accommodation to their customers. 1hat tne
gold import movement will continue was indi-
Gated again to-day by decline III sterling eN-
change rates Continental rates were also lower
and though the Bank of England raised us
pric, for gold bars IS shillings. the erect was
lost Ell the gold importing movement as import
frs ~ "a king Ame, lean gold eagles. OF which the
Bank + england holds a large amount and which
as . rule are preferable TO the bars me IN
crease in TIE price Of bars was due to the demand
from the Continent rather than from here. About
5000 q gold was deposited at the sub TREASURY
in exchange for leRal-tenders. ana TINS win
y-st rday's posts. raises the treasury soid re-
serve above S1OG ~ NM y favorable develop
ent to-day as affecting future railway earnings
WIS AN advance in corn rates 10y the western
roads. .
The chief advances in the active list were IN
American Tobacco, ] pc: cent; I.aciede Tas,
per cent: Cleveland. Cincinnati. Chicago and NJ.
luis 3, per cent: Manhattan. ., per cent; Mis-
souri, Pacific * per cent; Northern Pacihc, :.
per cent: Western Union, y per cent ana wa
bash rreferred - per cent sugar fehhlhe.
Chicago Gas BurlingtOn, General Electro ana
Louisville and Nashville were among IN" weak
{, atures at the close al net fractional losses Thr
regular dividends IN sugar refining common ana
nreferred stock were declared to-day, also inc
II, ner cent on Western Union recommended
yesterday. A.. .,.
Closing prices for number of active s'orhs
conpared with the final figures OF yesterday