New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-09-01
CLOSING PRICES OF BOSTON sTUchs.
Boston, Aug. 81, 1888.
REJOICING AT MISFORTUNE.


Friday, Aug Sip. m
II is difficult to conceive OF u more lamcntable
condition than that Of man whose speculative
interest leads him TO look at the paper the first
! thing in the morning 10 see what further pro-
! gross the yellow fever has made at jacksonville
and to cXuit over the announcement Of thirty
new cases. And none Of the existing shorts
were put ont with an expectation of any KIND
Of an epidemic in any snail town in the country.
They tell there are no pears in the market AMI
vet the leading bear organ this morning print,
story Of The decay and probable collap.e' Of
the big trunk line pool every line and word
Of which bears the stamp of bears in distress
The story is worthy of no further notice than to
credit it with its internal evidence Of its author
ship. 1t is false in It's premises and in It's
declaration, and only less 50 than it is ridicu-
| lous. Railways when hon silly mama, d. grow
and prosper with che growth ana prosperity OF
| the country. and are not dependent upon any
artificial method. The Chicago. burlington and
! Quincy Company during the last fifteen month,
! las furnished an example Of how mlsnanag-d
railroad may not reflect th, hon,'i
| how il can damage It's compel tors as
/ we'll as itself. Bit there are Indications That
! s,o,o00,000 OF capital stock is growing restless
and disposed to call The management 10 an ac-
counting. The Times has repeatedly said that
railway earnings were snail and Woaid DE less
! Railroad earnings were never so great rs in the
! twelve months rnGrt July 81. 1855, cAftpl NlHft
/ that date. And now at the dictiiiOn OF the same
authority which so successfully placed II wrong IN
all lis predictions and statements. - attempts to
erect scarccrow over the trunk Inc situation
/ The whole street was confused with laughter
/ But il is noteworthy that Immediately following
the publication tho two leaders Of the bear
party made themselves conspicuous In wall Street
as they dld today after an apparent absence OF soy
tcral weeks. The days stock market was dull and
the fluctuations were unmportant and generally
! insignificant But the strength exhibited IN mon
! facifc and the Northern laciics was feature.
Because OF Governor HIS Labor Day Monday,
there will be no market after tomorrow noon till
Tuesday morning. The market closed strong at
! figures.
TIE DAY IN TIE BOND MARKET.
The offerings Of Government bonds to the Treas
| ury to-day amounted to Sl63.OOO. rs follows:
! 1 per cents. $500 AT l2S. $4,000 M IFS L..
/ and $4,000 at l2S -; IL per cents. SID
acccptauccs were $1,000 ! rcr conts at l IS IT
and $500 at l2S. The local market was dull
with the asking prices for per cents easier An
| ncXed are the closing guotoilons
!oesi55, r. cur g.. l.2e ASK ASK
T. - 1901 res T. : c@r g. o.. Il
L. = eur. cs s95.l2O DIST col Coz. liz
State bonis were neglected, bat Aabamas
| Glass sold at lOi Ii. OF city bank stocks
| Merchants sold .39l at l39 -.
The general bond market was comparatively
quiet and developed no special features. Pillia-
| dclpha and Reading incomes were more tnan
| usually responsive - speculative G"!EI'' uuJ
| they may be quoted as ruling SIP, i- MISSOURI
| kansa, and Texas issues developed an improve
mont the - rose to -. tIe general ~ 10 rs IS
ass 81, ard the D., 10 81 II. Forth Worth and
| Denver irsts were active up - - IL. Nash
| Vile Chattanooga and ST. Louis conSoi, res" 10
! go IS. Reference is made to our full report
or unlisted securities Cotton Seed oil ccrif-
! cltls sold 300 az - J-sI37 Il. Chicago Gas
| 900 m ~ asa - 81. Wc.'crn Ma onal Bank
go at 96 3-iar" ~ Lon', J.. shi