The San Francisco call., 1904-11-29
EASTERN MARKETS.
- York stock Market.

EEW YORK Nov 2s-An irregular move
ment of prices Of stocks to-day reflected the
mixed profit taking and new speculative cam
psign going or Stocks which were whipped up
the new outside demand attracted By these
movements A. other points there were new
rapic advances and large dealings. Specula-
tive interest ard enthusls sm were demoustrat-
ec 20 h. awake and eager and the DAYS busi-
ness a. the stock Exchange was large and
varied. The actual news affecting property
values Vas not plentiful or important. and was
very Ittls regarded The one point in ths
general situation 70 which Importance seems
we're nor sppreciabIy relaxed to-day, but Of
fertuEE seemed sufficient al the rates ruling
to satisfy the principal demand The buying
o- STOCKS accordingly proceeded side by side
WIKI the selling TO realize, sometimes in the
same stocks and sometimes in a way TO cause
elvergeut Drlce NOS ernents IN different stocks.
me days ce''el lorrnenrs pointed 70 exemption
rrcrr further withdrawals o. gold for Euro
rean account The price Of gold was reduced
n LONDON ard sterling rose AZ Berlin and
Paris while weakening here. Selling Of
stocks here for London account did not arrest
ne ooF1Ward course Of sterling exchange
Rates tor time loans here we're reported steady
- nrrl. but die not rise above per cent for
thirty tc sixty days The present level Of the
interest rate is relied upon 10 attract orferfnss
Tor trust company funds and II Is possible for
the banks 30 60 on contracting loans while the
trust companies and outside banks are lending.
without Affecting greatly the money rate. as
mas nten SHOWN TOT several weeks past. Trans
fers through the suhtraasury 10 san Francisco
and NeW Orleans took $3.50 900 from the
money market asd the subsistence OF the
uonll-g tldf ot pension payments Increases
t1e drain ~ that Institution Bidding bv New
york bankers Tor the 81. 00o.000 of new CIeve-
land AID Elttsburg stock and the Spevers' an
nOunceuenf that they would finance the Grand
Trunk Pacific extension show the absorution
~ Investment funds. and. with the f,nfiuued
activity ~ the speculation. make n clear that
the volume of credit obligations Is srfU e~-
ran6iuE- Railroad officials reported > fur
rher large expansion of traffic but tbe ga IN
movement continued small and corn IS stilI
backward.
Iron and steel intustrials were stronr with
United States Steel preferred the only iuapor-
tant exception and il was sold perSistentlv
Anna lEauated Copper was weak bur recovered
strongly The Pacific and Western raiIroa IS
were under rather pronounced pressure and
rhere vere backward points here and there in
The railroad list generally. Generally the dsv's
PRINCIPAL gains must be sought IN the list ~
specialties. The market closed irregulariv IN
der -the influence ~ late rise in call money
rates 60 Per cent.
Bends were irregular. Total sales fpar
valuel. SO 100000
United states bonds were unchanged on call.
New York Stock List.
Hutton & Co 40 California street
Ser Francisc1. members OF the New York
stock Exchange. furnish the following official
cuotaficns a. that Exchange.
eafes STOCKS FIiZb ,ovv Rid ( 49,