The San Francisco call., 1898-12-02
EASTERN MARKETS.
NEW: w:.YioRK STOCK. MARKEI q I

%. NEW: YORK Dec, 1.-To+day the stock mar, ket was again largely influenced: by the state of the foreign money markets $. Discount rates at foreign centers went a. still further in crease, to-day. andGthe accomnod oda tfon5 or these demands by AInert can cap tai >r was eyiden need by an dlance 6f :3zc Tn %the: actual rates: for sterling exchange: Ar New: Y ork the :resump-, tion Of the process. of: 1paning abroad promptly, put a stop to:the5 deHia nd for. gold :iE Loncion for. export te: the* II itad tates2 ehgagemefts already made: being canceled and the < sub: ce.of appreh ens4oa on this account in Lof- don: resulted*in consideTables buying of stocks in the New York market: for. 1SQnilQ on aceount: The conti1iuanre of the string mt requirement. for money. ia Berlin was show by the with: drawai of a, 46Oi9QO add 0nal from Il e.. Bank df England Tor zhpnle t$to Germ any; The weekly statements of. the Bank Of and the Bank Of, France revealed the fictir character of theErecept ca sing of rnoTfey rates in London and in Pa the case :of: the former there Is loss 1ngo1d Of nearly ss4 sQ0o, coo. while the pressllre upon: the bank For loans on account of ri lin "the private discount rate has resulted: in aIl< Increase in SC curities over S1SSoo0 900. The; Bankof France has lest S6SG 900 fn gold and Ia s0tnewhat larger amount in silver: while at tine ext ting bank rate the outside aTket has borrowed s22 000 more than: the lean sc olIht: Of: a. week ago. strlngency in the VoTId;s great inaney: cenfers suggested a liquidation of so-drastfc a,1charac% ter te: give natural pause to; speeu lati6n in all markets. But though there: dt lness ifl
 
 very firmly: held, apparently or the suppositi6n that the money: difficulties; broad we're in a way to be; worked out satisfartoriiy, ,wh hich lis confirmed blythe retention the existing Bank of England rate+:. Meantime speculation turned into the channels of the afndustrial spe+ caties.:% There is: a long list ;oE these showing material gains but each was influenced by in dividuaI causes either real or fictitious: Sugar advanced on the belief that the regular: dipi- dend would be declared next week. Rubber on the reported. demand for the product: tsonsoli- dated Gas: oh-:tfe rumors of: pending %consoll- datior of gas. :interests .EinseedlOil on the re- port of a. plan for Te0rgahizatEon. and so son through the list: The: strength in :Cdnsoldated seemed to have a. syHlpathettc effect on gas stocks generally. In the. railroad list. while prices generally advanced the number of stocks to show: conspicuous strength was small. It included. Central and Southern. Pacific, giv- ing color to reports of a plan of settlement of the Government: claims and Oregon Short Line on the measure. for. absorption by Union Pacific spicuous gains. in some: instances. Total sales,
 United States: new. fs advanced K. and the 3s old, old and the 5s registered 1t in. the bid price. ::. .:.i:i :. shares, including; :Atchisen: preferred; "A 82o; Central Pacific. is, 920 Burlington: 3S7O;: L. and N, 2 l60; Manhattan, 1885; Metropolitan, 6e00: Missouri Pacific, sQ00;: North American Com pany, 67l5; Northern Pacific 6sS0: Rock Island: 5522;. Union Pacific, 17i500; do preferred Is Ies; St. Paul. .3Ss; Sduthern Pacific, 4SS7; South ern Railway, 5910: Edo preferred, 1l.SsO; Union P. D. and G., 33O0; w and:I- E., 10,1i0 do pre- Peoples Gas. 17.s74; Con: Gas, 6is0; General Electric, 3l2l; Lead s425; Enseed, sz70; Sugar. 2420;, Leather. preferred, s9s0; Rubber; l43l4: do preferred, 3s4o -: -