New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-08-14
CLOSING PRICES OF PHILADELPHIA STOCKS
MORE RAILROAD FIGURES.

Monday, Aug l5-p H.
Including the reports published below The
Tribune HIS published the gross earnings of
thriy-ninc railroads systems for the first week
in August, which give average gain over the
corresponding wecl, Of s87 o! j.S4 pc: cent. Or
the total number twcnty-sx have reported gains
and thirteen have reported losses. The following
table gives separately the aggregates and differ
enccs Of those showing gains and lcsscs:
TweTnysx eos 81 90i 527 80 rs s5s Inc $27Ss3i iis2
Thirteen co's.... $4,000 s0i7iO Dec 1Os'31o ll-sj
Total 80 co.'s s2sI75o7 81 9sS oos Inc sI05 4S1 5s4
The Manhattan Elevated Railways report for
the quarter ended June 30, printed below, shows
n gain in net earnings over the quarter Of 1887
of $685. After the payment of l per cent
dividend on the stock, the surplus reserved from
the quarter to meet judgments for damages, is
$500, $40.
FEW TRANSACTIONS RECORDEG.
The stock masket to-day was dull and the Trans
actions amounted to only 1GO,37j shares. But
the duncss developed remarkable strength. In
the carly dealings the point was freely distributed
to sell the market for reaction,
and beard room traders nibbled at the
bait presented and sold stocks off some
fractions but at the concessions offered there APP
pcared buyers Of the non-prol, ssiOnal class, and
prices quickly recovered 10 and beyond Saturdays
closing hgurcs. There was no pronounced general
upNard movement OF figures, and none could be
expected with the prevailing dunc>S The wonder
Is that with such seeming apathy prices were
maintained after their recent ADV ances. IL fur
nlshes additional evidence that stocks are not III
the hands Of either large or small spectators.
he trading is IN chips and principally IN white
chips even the large operators who are short" of
stocks are making no Investments in tine
biuos The nOticeably active stock, were Pha-
eiphia and Reading, whicn closed 3-S lower than
it's opening: Delaware. Lackawdnna and Western,
which closed j-o higher than IT'S opening; lnon
Pacific, which closed unchanged Or gOn a. Ians-
continental, which rose 30 per cent; ~. Iaul,
which, after a decline 10 - - closed at 10 is
-l-s higher than It's openlng-and Western Union,
which closed Is lower than II opened.
Oregon short Line, with small transactions, rose
10 30 and closed at 32 81. The movement indI-
Gated thrt the buyers were IN possession OF an
underground wire which had told them OF the COM
panV's business for june which has not yet been
published; but. III certain circles after the close,
il was whispered that the business showed gain
of over 30 per cent. Northern Pacific preferred
was ais exceptionally strong. and rose To 81 81,
closing at 81 IS. The Chicago dispatches con-
tinucd TO ruin the spring wheat crop and men
toned the things that may happen TO the corn
crop II. L. Horton X Co.'S Chicago cor
respondent however sent them the following:
BAD crop reports from Chicago are greatly eX-
aggeratcd Corn IS in splendid condition all over.
Our country clients all want to buy stocks, III view
of big crop prospects in their several sections 1t
* only fnir that both sides of the speculation
should be heard The days decline in the price
of wheat in view of the certain large foreign de-
mand is however, the best cont sadicion OF the
general damaging reports from Chicago. Inc
market closed dull and strong.
TIE DEALINGS IN BONDS.
The bonds to-day offered to the Treasury
amounted to s36j, 20: IS at l27 1890 and
l-2s at 1O7 "a. The Secretary accepted ~
$50 As at l27 1-saI273l. The local market
was quiet, with sales Of As at l27 3-s. The clos
ing quotations were as follows: