New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-09-25
CLOSING PRICES OF PHILADELPHIA STOCKS.
Thursday. Sept. 24-p. IN

c-acrls.ive sentiment continued cheerful to-
dav and prices for stocks and bonds again
made advances toward higher level. The de-
rosn1 for securities was not only from specula-
tive sources. but from investment buyers, who'
az noticed in this column this morning. are De-
curing 10 give more attention TO Stocks anu
bonds The strength In the wheat market
doubtless had a favorable influence upon TN
security market, and to-days furtrer au'ailOe
,r Decen,her wheat again called attention TO the
boa,.,- cereal movement which has been uncer
wav for a considerable period, and the difficulty
exporters are now having in securing ocean
freight room In view OF the fact that eA-
norters are confronted with an ADVANCE III
ocean freight rates, an adVan e OF ABOUT "i"e
o,,,s since The first part of September in the
price of wheat and difficulty in obtaining o'ea"
freight room. the new export business may be
somewhat restricted for while. ana Whed'
values may depend upon speculative de-
mand rather than export. December Whea'
closed at 71ssc.. against 7O7sc. yesterday ana
ocoins, 647tc in Septe nber. The highest to-
do,. was -ossc The free silver takers who are
irving 10 make the country believe that lh<Ie
Is some connection between low prices ~
nroduce and gold standard, may Lhu III III
,,recert advance in wheat hard nut 10 crack
although they may explain II in the Bryauc
vav bv saying that the advance Is que 10 m tIc
a q "a
80 Nr Rrvan gold comes this way because ne
vas nominated and expects to be elected anu
wheat may be advancing for the SAM r1 ,,,',,
An advance in the Pank or England minimum
o,a 30 diecoun: today from ~ per cent 70 " Per
cent had 10 effect upon the stock market 90
ablv because such an advance was eNpeHc,1 ,oI y,
fore the advance was announced over H'V'''VV III
,roarican eagles presumably for export 10 inns
country were Withdrawn from the BANK %. Ens
land Int Il is now somewhat douDtluI II Ho'e
Withdrawals will be made at the bank al pIeseh''
ha
has in the last two days. developed a nrnleI ~
dencv Both sterling and francs were l-o- 10 ~
ner cent higher to-day. The money haihets u.s., ~
pn.don ond Berlin are higher the open-Inarket
diecount rate in London. as well as can ihoHvs
following the advance in the BANK ra'e, alu sl'
Bank Of Englands weekly stateihena, 49, ,o,.r
to-day shows the reason Tor the hisHvi mn
ro,as abroad The banks reserve decrease
@S1S 600 and the bullion hOldihss ueIi III
fg9O944 or, in our money. aec IN, thn need
,ng week the loss in bullion showed an me- ea 49,,
~ over 50 100000. Since the beginning % -, ~
gold movement to this country ,ne t'a Si1 0od 200
Iand has lost in bullion upward OF S"lV'V,oUy w.
nanoeits other than public deposits, IN 'ht jam
decreased in the week about S-'ob'oVo, anu o. a
result. banks and discount houses nave
their deposit rate TO liz per cent. ,,,
rrroders in the stock market did consideiaple
realizing to-da Aebut on all reactions CAUSED ~
nroNt-taking SANS there was good puyIlls, anu
the general tendency or prices was 'o"u'
49, 1avel final changes showing net gains
,h1nugho;,t the active list Exceptions "ere 'ei
sav Central and Reading both OF when sulteler
sroro nrofit sales on yesterdays advance. ousai
Peanine is beginning to develop symptoms oi IN
side manipulation and small specuIa .,ad a ar,
r-onderng what to do on this highly prlzeu anu
hiebIv manipulated Havemeyer speclaity' ne
eTnerence Of petty spectators in sugar Ke'lnlns
ie sufnciently clear guide for them lot tIe III,
az" b,t II Is extremely unlikely that they VIII
take trouble remember any OF the past U nn
in Sugar Refining, or any OF the otie orrnanv
ia,ed Industrials The Sugar refining company
is ahlv managed and good dividend-Paying con,
Germ. but the stock does not oepehu upon ,t nc
shiiitv Of the company's managers or tle ulN.-
dends they pay. and to speculate IN IL sucS sue, 10,
fuiy requires judgment which IS posses ~
$50 but the inside interests The STOCK au-
vanced y per cent. against loss OF rs per GenS
vesterdav Chicago Gas apparently Iece NV.
some inside support, and advanced PEI Ne" ~,
Ed Manhattan. On reports Of improvement IN
Earnings made net gain Of ~ per cent. T ne
General railway list was up z TO per cent, ne ne
e'ns,na vas strong and near the best prices OF
the day. ,o. % octive stocks
Closing prices for number OF actrS :, vere
compared with the final figures OF yesterday WIZ
as follows: