New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-08-11
CLOSING PRICES OF SAX rRANcIsco, STOCKS.
Monday. August 10-p. m.

The stock market was uncertain and uneasy
the greater part Of the day, but closed stronger
at net advances of "a per cent At time
II looked if general decentralization was to
take place again, prices declining after q strong
opening. and in many stocks making low
records in the current now ent. Opening
prices higher, in sympathy with a better
level in London while foreign purchases
renewed here. although the buying was limited
and consisted only Of speculative operations.
Weakness following the opening appar-
emily induced by advance In call money
10 per cent but IT is to be noted that this
rate held for only a short time. the majority
Of loans being made under this figure. The
fact that money rates were sitter and that the
banks according to Saturdays statement, had
lost considerable in their cash holdings
cOuraged bear traders to renew their attacks
upon values to-day. but in the afternoon they
exhibited a tendency TO do little thinking.
the result evidently being that they thought
they had hammered rces to extent whore
ii would be wise TO stop on the assumption
that they might at am momen. be forced To
suffer from q concerted actor by heavy inter
ests They covered before the close. and sent
prices well above SATURDAYS closing. Some Of
the heavy interests in the Street would do wei!
if they would give the bear element sound
trouncing and no one would regret TO see these
rapacious and selfish operators for lower prices
under the lash Of their superors. Some Of the
big houses in the street are entirely too &C
cominodatnG to the bears. Too much stock is
loaned then. Their operations are made far TOO
easy.
The foreign exchange market rates were lower
to-day; money rates eased up near the close or
business and there were better reports in Wall
Street regarding the political situation. all OF
which stimulated covering OF shorts and pre-
vented any selling pressure from investment IN
forests The fact that all the Stock Exchange
Cle IF EriH al
satisfactorily this morning also helped sentiment
on the bull side of the market Shipments 81
currency to Chicago to-day was not large. ana
il IS reasonable TO suppose that Chicago mas Sc
cured all the funds necessary TO tide over the
difficulties caused by the recent speculative fall-
ure on the Chicago Stock Exchange. The move
mcnt Of money for crop purposes was nShter
than last week, and very little currency was sent
to New-Orleans. owing most likely to the 1act
that that city is beginning to receive the Treas
ury disbursements for the Sugar bountlcs re-
Gently ordered paid. Regarding last week fail-
ure in Chicago. il WaT reported to-day from that
city that plan was being formulateu lot d
settlement Of the affairs Of the bankrupt firm
which contemplated the deposit OF all the Dia-
mond Match and New-York Biscuit stock held by
the banks and individuals under trust agree
ment for ono year
Noteworthy advances were made to-day by
Sugar Refining. 2Fs per cent; Omaha, ~ b ,a
cent: Jersey Central . per cent; Chicago Gas. ia
per cent; Rock Island, IL per cent burlington,
III per cent: St Paul per cent; General Flee
trio per cent; Louisville and Nashville, : per
cent; Manhattan | per cent; Kansas ana Te%as
preferred per cent; Pacific Mail. per cent
Southern Railway preferred. ~ per cent; west
ern Union "a per cent, and wabash preferren'
/ per cent Total sales. 25oo3l shares.
Closing prices to-day of n number OF active
stocks compare with Saturdays as follows: