New-York tribune., 1891-09-16
CLOSING PRICES OF BOSTON STOCKS.
pnrtnn Snnt IL 1901
WHAT WAS DONE IN STOCKS.

TUESDAY, ScpU. l0-P ILL.,
The hravy buying Of stocks for foreign account
to-day was circumstantial evidence at least That
the war runors were started for purely speculative
purposes. The recent activity in European pol
itics had made them possible or rather had excited
the public mind until in this direction 1T was pc
culiarly susceptible and credulous The furry
on the foreign exchanges was perhaps natural, and
on this side Of the Atlantic the reactionists
clutched at il with desperate eagerness. 1t would
have been surprising indeed if it had eXerted
n more important or lasting influence. Under
existing conditions in this country European
war would impart fresh and by no means neces-
sarv incentive to speculation The rally In the
stock market which was begun yesterday AFTER
noon was continued naturally and with great
spirit. Aside from any effeco abroad OF Uhe
official denial Of British occupation OF Sigrl' thefe
were indications Of change in the speculative
attitude of important interests which have not be-
fore been in complete unison with the upward
movement in stocks. All attempts in behalf OIL
reaction in prices have been vain, and it is not
impossible that the strength and irresistible force
of the speculative tide have at last peen en
properly estimated If any are left who sliil
that their efforts will be as vain as
Mrs Partington's famous contest with the Atiahtc
Ocean. - -.l,+
yvas active and strong. The demand was steady
and persistent and the buying for both foreign
and domestic accounts was unusually cohnuehE
The opening was at small ADVANCES, although
Erie Atchison, Northern Pacific and other stocks
that are well known abroad opened up about IL
uer cent The movement was practically con-
tinuous and was scarcely interrupted by the ap-
parent hesitation of the Granger shares. Inc
declaration of the Rock Island dividend was l0I-
lowed by q decline of l per cent In that STOCK,
but little stock was sold al the reduced figures
and the recovery was even more rapid tnan Jhe
decline IL the late buying was Tor me snort ac-
count it merely showed that the pear 1actlon
omits opportunity 10 protect sinaIl part on
Rock Island directors was exactly what ought TO
have been expected and there never was any
reason TO suppose that they weuld raise the dlVl-
dend rate at this time. lnOsc who pf0lesscd us,
appointment at the wise course pursued WOulu
probably have been loudest in criticism OF IN
opposite one The Rock Island incident had only
momentary influence on the, course OF prices
While that stock did not fully regain IT'S loss
and was exceptional by a small final decline, the
rest Of the market quickly resumed us upward
the highest points. AtchiSOn led the advance, ana
in fact, the transactions in it were nearly MIN
of an unusually large business. It's fnal adYlucc
of 5-s per cent was equalled by Erie, ana slightly
surpassed by Wabash preferred, but l1oulsVlie ana
Nashville, Northern Pacific preferred, Lackawanna
and Missouri Pacific recorded gains OF PER
cent or more Toward the close lively demand
for New-Yorlr, Ontario and Western carried the
price of that stock up per cent Ihe noteworthy
features of the days operations were the great
strength Of stocks which have an international
market and the advance IN the Gould stocks.
THE DAY IN THE BOND MARKET.
small odd lot of coupon Is was the only sale
OF Government bonds. The asked prices for TINS
issue and bids for several of the currency 6s were
reduced. The closing quotations were as follows