New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-09-08
ABOVE THE DOLLAR MARK.
ADVANCE IN WHEAT AND CORN-GOLD
SHIPMENTS NOT LIKELY-GAINS
IN STOCKS.

There was considerable activity in wheat. with
q substantial advance in prices. yesterday. The
upward move was due TO bush foreign advces
and rise OF 23t pence In Liverpool futures
On the New-York Produce Exchange December
wheat wheat deliverable In December) again
crossed the dollar mark" The opening price
was ST. the low price was 90 cents, the high
price 81 0OA. and the closing price ~, or IS
cents above Saturdays final price. September
wheat closed at 81 02h which was the high
price OF the day. and was a gain OF "a cents
from Saturday. Export sales Of wheat were low
loads here and al outpOrts. There was an ao-
vance Of IA cents in December and l1s cents II
September corr.
Dealings in stocks on the New-forK S'o'N
Exchang. were on a large scale. the total sales
being 500 J4S shares There was especal ao
tivity In the so-caled Granger stocks. Missouri
Pacific Louisville and Nashville. Southern Ran
way Northern Pacific. Reading and sugar
There were substantial advances in all the ieao-
ing stocks Some Of the net gains. comparing
the closing prices with those OF Saturday, we're
American Sugar common, l3s: American sugar
preferred 26s: Baltimore and Ohio. lfs' bui
linxton and Quincy. IA; Consolidated Gas, ~
Detroit Gas. 81; Northern Pacific common 49,
Northern Pacific preferred, 3's.
The actual rate for demand exchange yester-
Aav WAS SILL cents Because this rate was
univ one-half cent below the nominal export
point did not imply that a renewal OF soiu ''''
ments TO Europe imminent. Inc au' ""N
IN the exchange rate was wholly due 10 the con-
dition of the foreign money MARKERS, anu nh The
Gated a less satisfactory state or an ans ~ .his
other side than here. If any God IeaNeS mi nv,
country which is regarded as improoapie' II W.
simply mean that what is equlNa!eI.t ~ Nd
rnium is paid for Il. The Bank OF rhe -,
other foreign banks are adopting u'i Nc comntrv
ures to prevent now Vi eO'' -
from their vaults. ,;r, m the
The silver situation has some peafine va 10
gold situation on September the low 80
FOR silver was touched when comm -, 1' or1nn
sojd in New-York at 5lh cents anu ~ Imdon
at 231k pence an ounce. on Monod! NV InnIart
quotation was 25'a pence wncn 800, Wa Vas a re-
~ 55ia cents here. Yesterday there W. "a
action The New-York price was o?rt 80 tnanra
the London price was 24ia pence. Inc 5000 5000
tn silver which started In London, was asCriueu
"a fine action Of the Government 10Y IhuId ~ =,
fusns 10 draw Council bills for ten Weehs ~
come. Council bills are drawn aE H,.;n covern
nues Of India which &" 10 the bri'is ii, ~ ~. 80.
n pr,,isb merchants who have bills 10 pay
An India buv these bills. IF they CANNOT onviI.
theno they must forward gold or silver lney
ore now Obliged TO use gold and silver anu ''e'
are calling for both ~ a., %ovyork
s,hTreasurv Yesterday TO the South ana west
we're s331 900 in currency and 2oo" SILVER up ,
,ors The money was for Use in moving the
cotton and wheat crops. About one-hail ol tI,e
total was for New orleans. For ABOUT one nan
of the transfers gold paid in to me SUP
.Traasurv THE demand for currency from the
south and West has not this year been as la se
GO usual owing 10 the fact that the oahks III
those districts are better supplied win money
than in former years