New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-05-19
ros,vc PRICES OF SAN FRANCISCO STOCKS


Stock market transactions to-day were made
almost entirely for the account OF professional
traders and developed no features attracting
special attention Opening prices were frac-
tionally above last nights closing. and In the
majority of issues remained firm throughout the
day at moderate net gains at the close. Jersey
Central. after opening 4 per cent higher. sold
down more than | per cent on transactions
larger than in any other railroad stock, with the
exception Of St. Paul and Burlington but the
movement was not based upon influences other
than those manufactured within the walls OF
the Exchange With the exception OF the deal
ings In a few Of the leading speculative IA
vortes. trading was extremely dull and narrow.
as reflected In the total OF all transactions-out-
side Of eight stocks-amounting to only 1912
shares. Chicago Gas was again bought by the
bear house which caused the break In the stock
Saturday. and this house doubtless accomplished
it's retreat at considerable expense, and Incl
dentally learned that there powerful and
prominent int arests backing the Chicago gas
companies. Chicago Gas will be benefited by
the passage Of the Gas Consolidation bill In the
Illinois Legislature. but even II this bill should
fail the companies would continue to pay earned
dividends 1t is reasonable to assume however,
that the consolidation bill will be passed
Among the principal strong features National
Lead common and preferred, was prominent,
and among the specialtes st. Louis and San
Francisco first preferred gained over per cent.
Indications are not yet clear as to the probable
amount Of gold shipments this week, and the
comparative ease in the foreign exchange market
furnishes reason for considerable doubt as to any
important movement. Possibly light exports will
be made on Saturday and perhaps small
amount Of the metal Will go out Thursday; but
the increase in the merchandise exports for the
week ended to-day and the falling off In the i'm
ports, as reflected in Saturdays statement OF for
eign commerce at this port, appear to indicate
that the heaviest part Of the gold export move
ment has already taken place. Exports OF mer-
chandisa from New York for the week ended to-
day amounted in value to S96I66lS against SS.-
53J Alb a week ago. and against SS.O3J,oS4 in the
same week last year. From January the value
of exports sam ths port th
responding period in 1896. and S12S,5OI.193 In
the same time in 1895. The easier tendency in
the exchange market and the more peaceful out
look in the East contributed TO 'he improvements
in speculative sentiment to-day, and more prom
Using crop advices from the Northwest ADDED 10
the better feeling. In the present narrow STOCK
market however the spasmodic attacks or pet
ter feeling" not to be depended upon as m
dications Of revival of interest in stock market
operations or continued advancing values Note
worthy among railroad earnings received .o-uay
for the second week In May were those OF the OF;
Paul Company. Missouri. Kansas and Texas ana
Kansas City Pittsburg and Gulf. all OF which
showed substantial increases as compared WIN
the corresponding week year ago. Inc Mex
can railroads continue to make marked gains.
Mexican Central for the second week IN May
gained STA 231 (Mexican). making for the period
from January an increase OF 81 2i33SS (Mexl-
CAM as compared with the same time In lo'o'
Reduced to the basis OF our currency, the snow
ing is still remarkable. and indicates a pro-
nounced traffic movement in the Mexican he
public ~ .,
stocks to-day, compared with the final figures of
FOIL