New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-11-08
CLOSING QUOTATIONS OF rMlLApELrnlA STOCKS.
CLOSING PRICES OF CHICAGO srocKs.
IN THE STOCK EXCHANGE.
Wednesday. November =


The market whole to-day was such a
was anticipated. IN view u Republican success
Stocks opened active ana higher bu, Oh realizing
sales prices fell back and business was du.l mill
the las; hour. when. under a general covering
movement the whole marke; became strong and
remained so until the Close The sales were 2,J.-
l03 shares a larger number than usual OF aie.
The Republican victories were generally hailed
as a promise that the country is 10 have rest
from so-caed tariff-reform legislation, ana 10
enjoy a chance to attend to business. Much I'M
p3rtance Is also justly attached % the dei'ai oi
the Populists in the West The overthrow ~
such men Governor Waite Of Colorado give
assurance that honest men VIII be IN cohf'I. anu
will conduct public affairs honestly. That con-
tracts Wi. not be repudiated. that AZ Obligations
Of private citizens AM the safe VIII be met. am
last but highly important. that the crazy
notions Of finance and political economy Wh.cA
have so long prevailed IN certain quarters must
presently b dismissed from public influence. The
effect upon foreign capital and our own III
vcstOrs can hardly be Overestimaled. Indeed. the
whole situation when confrOnts Us Is one 81
superb. wonderful, dazzling and supr me triumph
for honesty and intelligence In public afairs IN
eVitably In due time II must bring about Scnd-
Inc revival OF prosperity for this Nation. To
take anything less than s1nguine. buoyah''
confident view Of future under these cicum-
stances would be blind folly The country cant
be pulled out Of Democratic misery IN day
but great prosperity in tie near future Is as
had received cable dispatches asking If. in vie"
of the Republican victories. American securities
were not now good investments. The repy Wa
yes Enthusiasm will not. Of course, pay la..-
way dividends: but the condition OF confidence
which produces 1t VIII 90 far toward making
such dividends possible. Are the Changers. for
instance worse or better because the danger Of
Popust legislation against them is reduced by
Tuesdays work at the polls? Yet 1t IS conceded
that no sudden outbreak Of prosperity VIII Oc-
cur; that business VIII not be entirely revived
this week next; and that the limitation
upon present promising conditions should have
due weight with every careful investor and senti-
mental Spectator.
While the market, as a whole. reflected the
Republican victory-as In the rice % the
Changers and in the activity Of the general list
some OF It's features were without significance
of this kind American Sugar Refining. for in
stance furnished G. 654 shares to the trading. but
was manipulated from the start. The opening
price was S91aM90 This the highest Of the
day. and IT dropped then to S7B. subsequently
II rallied and closed at SS4-a net gain OF "a
only. Chicago Gas was active and firm. but
showed no final advance. Profit-takng sent
General Electric to 37i2. and 1t closed at BIZ.
Western Union rose to SSia, but is last price was
SO. an advance Of 4 only. Central Of New-Jersey
was weak, although active. 1t opened higher AT
SO. but declined to 69A closing at 9l1e-a net loss
OF "a. Lackawanna. on the contrary, gained Z'2
points and Delaware and Hudson a. At the
opening the Changers were strong put 'hey ce-
clined slightly after realizing sales Subse-
quently. when 1t was Learned that not only was
alleged tariff reform ended for the present but
without doubt that Populism had received an
overwhelming defeat. they rallied and closed at
the highest prices Of the day. Rock Island
showed ret gain Of Ia TO G3lI. St Paul ia 10
63%. Northwestern " to 1913. and Burlington q
to 74ss. Trading In the group was brisk The
general list moderately active and higher
in response to these favorable conditions New
York Central gained points AT 1OOts. Louisville
and Nashville * at 55%.. Missouri Pacific Y al
49, Denver and Rio Grande preferred y at 3G3s,
and so on, all in touch with the sanPuine spirit
which prevailed Yet Manhattan. despite the re-
suit Of the vote for a municipal rapid transit
scheme. closed u higher. at l0S after opening
AZ 1913. and selling down subsequently to 1861.
The marfet closed al the best prices OF the day.
BONDS-THE FEDERAL TREASURY.
In Government securities one transaction was
reported the sale Of s.. 900 As. con-. at 1l6. Quo
tations were as follows: