The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1897-09-17
NEW YORK. STOCK MARKET.

NEW YORK y. y, sept. Is. - The market
closed this evening with a general level of prices
lower after day of great irregu arity and
movement up and down on The whole lisl of
row range. Quite large number OF shares showed
small fractional gains. few stocks show notable
rises, but the grange S, VanderbIlts, trunk lines
and transcontinental lines whole declined in
value. This is true Notwithstanding the that
London was buyer of fav0rite stocks all the day
and all the general news to improving business
and increased earnings of railroads continued 10
favor Increasing rices
Prices were in fact higher at the opening, but
liquidation quic ly set in and prices generally
ctdec. The ciosing OF the accounts of failed
firm. under the rules of the Stock Exchange, had
something 10 do with the undertone of heavIness
which was manifest all day The fear of inter
Iuptro trsInc In the south from elbow FEVER also
depressed the price OF railroads in that region.
The steady tone manifested in the exchange M.
ct early in the day mad the effect of discourasng
hope Of the early Importation of gold and this had
It's influence in aiding the reaction. This had The
gre ater effect because OF the hardening tendency
OF the money market, asking rates Tor cal loaus
bling as high as 212 cent
The marked weakening in the exchange market
In the last hour served to steady prices of stocks
some extent the decline not only being checked,
but recoveries being shown in the closing trans
actions OF the stock. The rae CT exchange
Paris was also weak, and it seems evident from
The action of the Bank Of England In maintaining
] s minimum discount rate OF per nj IN face of
the continued decrease in lis reserve and it's stock
OF bullion that London eXpects Paris o supply the
FIRST demands Of this country for gold. But the
Paris exchange on London recorded a fall to-day
which would naturally tend 10 weaken the force
OF the New DIRK exchange demand on Paris.
Nor. hern Pacific issues at one time in spe-
cal demand and showed marked advances.
Transactions in the bond market were on a con-
sderab y dimi ished and prices were some
what easier
he total sales were of a par value OF about
S3OOO,OO0. The bid price of United states newf4s
was "A lower; new 4s coupon sol al 1854 and
do r, gistered l241s.
The total sales of stocks today were $50 900
shares, including: Atchison 1920 do preferred
1890, Canada oulhern 54lO, Chesapeake and
OHIO 22. 40, BurIingto 1880, Erie new $3.50,
do first preferred 1322U, Illinois Central 44SO
Louisville and ashville II, 800. Manhattan 1910
Minneapolis and 81. Louis 600. Missouri Pacific
1000, NJ. X. and T. preferrel $3.50 N y 5 a I'd
W preferred 1880 New York Central 1880
Northern Pacific II 700 do preferred SO go
North western 4l65, Ontario and Western $3.50
Reading %, Sl5, Rock isamd "A 410, ST. Paul rs :
800 ST Paul and "maha 1855, Southern Railway
63O0, Texas and Pacific 5000, Union Pacific 2S-
O75, II. T. ID. ana g. II, 74U, American Tobacco
1920, Bay State as "a, 600 Chicago Gas 8 800
Consolidated Gas 5715 General Electric Is, 565
Lead 542U. Pacific Mail 1922, Sugar 16, APO
Tennessee Coal and Iron 1a40O, Leather pre-
ferred $40, Western Union 81, 500, thica. o
Great Yves Is 3. u.