New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-10-09
CLOSING PRICES or pHlLADELru1A STOCKS.
clos1Nci PR1rEs oF 80 rnANc1scn srncKs-
THURSDAY. October 81.


After a weak opening and declines in the early
trading to-day the stock market became firm
with an advancing tendency. final net changes
among the active stocks being about evenly dis
tributed between small gains and losses. The
professional selling pressure which has been
the feature u the market In the last two da IS
continued this morning but by afternoon cover
ing % shorts set IN. traders evidently believing
that FOR the present All so-called advance feat
ures in the situation had been sufficiently dis
counted These adverse features have been
more imaginary than anything else the recent
somewhat pess'rlistic sentiment among GER
tain class of operators over the political outlook
being unwarranied by actual conditions. and the
fea- 81 stringent money market being based
upon an exaggerated Impotence attached 10 th"
recent furry in call loans. The money market is
stronger. but il affords no indication ~ coming
strngencv. The calls OF the New-No.k banks
for currency for Interior shipments continu.
moderately heavy. and the genera. sentiment
among bankers IN favor % caution is another
factor accounting Tor irner rates. Beside
these. the banks have recently arranged their
holdings in expectation Of the cali FOR stat
rnents made by the Controllcr OF the Currency
on October g. and the money 90 De used DO
the payment Of the Readings last asses
ment due tomorrow has affected the si;ua-
ton. More gold was Withdrawn from the Banh
~ England to-day for shipment 10 this countr|.
and the foreign exchange market was weak ana
we'll supplied with commercial bills, "hu" III"
demand was extremely light
The wheat market advanced again to-day ana
the silver markai declined. tn price for com
nlrrcial bar silver closing At C4'sc.. drop OF
4z,c from its highest price u the year CASH
wheat Is 1sl2c higher man ~ July. Whrh ID
was al the lowest price Of the year ana IN"
price on the Produce Exchange for the DeceIE
orfia
vesterday with the MAY option az -. agAlns.
-f,. YESTERDAY On me Stock Exchange silver
bullion certificates sold al GJ1s. against ~ me
highest price Of the year. and only = per cent
above the lowest % the year. Mexican snNei
dollars were also quoted lower. al i3's0JI- =
These are statistics which should Dt carer uii!
Examined By the silver orators who continue
10 talk that silver going lower carries wheat
with IT, Just now silver ana wheai are MOVING
nn different roads toward opposite points, ~ dc-
cordance with known economic laws. ana voters
can Judge Of the strength or me BY an arSu-
ment= by following the actual int NtIneht& OF
The markets for these commodities. IN -ohuoh
~ s,ock market was Unsettled. and IN tni-
market there were 40 important operations con
du.ted for the foreign account INC rhahc' ~"
higher money rates in London OF account or
renewed gold exports - the Jniteu STATE -
reflected IN an uneasy foreign stock mark"i' ana
about the only strong feature IN London lp-ud >
Gas Louisville and Nashville, whlch adVahceu
on ~ eycelleu- showing made by the company
IN the last fscai year. The stock on ms EA-
cbanre was favorablv affected. although the
~ ,yrnrovinQ as II doubtless would have
done had the market received any OUTSIDE sup
nor, The statement OF LOUISVILLE ana -NdS"-
r,1le was an extremely encouraging one anu
warranted higher prices for the ROAD Se'u;l
ties AT the present rate Of inpro Nefnehl w
company VIII soon De IN me dIFIueiiu- pay -. ;
coiur,n again There was mere activity - the
genera market although the chlef increase IN
DEALINGS wa in sugar Refining 3url4neton. ; i
paul. Manhattan and Reading Inc hfs'-ha -.,i
,a,, has again come 10 the front as IN" active
leader in speculation and exhibits the usu .
symptoms Of manipulation. It's loss to-ud! W j" !
Sran,,bnal American Tobacco gained over
nor cent Manhattan on speculative ueaIlls1'
moved irregularly. but closed at net Rain'
omaha lost over ! per cent, also ilhn0ls -,
among active stocks changes were uniihpor'""'
RONDS-THE MONEY MARKET
Sales OF Government bonds We're s''u res .,
tered A. Of 1907 al lOl T. Sl.oVo coupon - III
100 a. 101is and ~ 900 coupon - al III
Final quotations follow
IA. .s..s Bid Asked