New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-09-27
sUnlisted.
Closing prices yesterday of bonds dealt IL
with net changes, follow:
STOCK MARKET OPERATIONS.

Transactions in Yesterdays stock market we're
much lighter in volume than on the preceding
day, being made up IN great part OF the opera
tons Of the professional element Commission
houses were not important factors IN the deal
ir-s as far as their orders for the so-called
public were concerned, while the leading specu-
latiye interest showed no disposition to enter
actively anv part Of the list, except in the case
Of the copper shares brooklyn Rapid Transit
louisville and Nashville, Pennsylvania, Read-
ing southern Pacific, Union Pacific and United
States Steel common. In the copper issues Iha'
is. IN Anlalgamated and Anaconda prices were
favorably affected by the announcement OF an
increase in the dividend rate on Anaconda Wrlle
throughout the list the general course OF quota
+ions was in the direction Of higher hgures alIeI
a brief period Of weakness at the opening Initial
declines were merely a continuation OF the
,7o,,,n,vara movement that developed in the pre-
ceiing day. These losses. however were iii0i0
than recovered in the subsequent dealings
.1+t,o,,b final prices in the majority OF secur-
tics failed TO show any great Improvement
,sine as a rule being confined to fracuohs'
BroolzIvn Rapid Transit. under the influence OF
an excellent class of buying, enjoyed net gam
os over . per cent while Aulalgamated copper
gained over l per cent: Anaconda 072' aii0
TTa+ro,olitan / Elsewhere in the active list
fractional advances were recorded. On a hghIer
volume Of business American Grass I"fhe anu
Chicago Union Traction showed unusual
strength. In the last five minutes OF traolhs Tue
ito Iist became decidedly strong, without,
however the development Of Increased oealliisS'
sentiment at the close was bullish, and despite
f,,r+7,er losses Of money to the interior, lndl-
eating. perhaps higher rates for loans opinion
fa,-ore5 the bull side of the market for IhS
balance Of the week. It may be. well to bear IN
,-;-d that Wall Street opinion is as variable as
the wind. ,..a
sterling exchange again showed decided
strength at this centre and as consequence u
the advance it was thought in foreign pdllhllIs
circles that for the present, at least there "ouiu
he no further importatons Of the precious lletai
outside Of the engagements already affaiiSeu
for There are certain good reasons for the be
lief that the greater part of gold reeelPts IN TINS
country in the course of the next few months
that Is # it is found necessary to bring IN GoIo
from abroad. will be reported at San Francisco
from Australia OF course, London is anxious
70 prevent Il drain of the precious metal from
that point at this particular time, and arrange
nents doubtless therefore, will be made to
switch the movement OF the metal consigned 10
London from Australia to San Francisco. Goid
received at the Pacific Coast city will come TO
York through Sub-Treasury transfers SO
# therefore matters little whether the metal is
received at NCw-GOrk direct from Europe ~
at San Francisco from Australia. Australia is
a large producer of gold, and current conditions
suggest the probability of large arrivals Of the
,4e+sl at San Francisco from that country. 1t
Is comforting to know that in the event Of none
+arv stringency in this country our position as
world power in finance insuTes all the assist
ance that we may require from the money mar
lzets abroad. There is no Uneasiness in local
financial circles over the outlook for money,
despite the low condition Of the Clearing House
bank reserves, for the very good reason that 1t
is known that the largest banking interests have
made arrangements to maintain money at a
relatively easy level throughout the fall months.
That is the average of rates will. it is presumed.
be kept at a level that Will cause no hardship in
mercantile and financial quarters. Of course.
there may be passing sharp advances in call
money quotations. and it was said yesterday
that at the end Of the current week an advance
of this character might take place in connec-
ton with the October interest and dividend dis
bursoYpaOtS