New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-07-10
CLOSING PRICES or CHICAGO STOCKS.
CLOSING PRICES OF rHILApE1PrrlA srocKs
WHAT WAS DONE IN STOCKS.

MONDAY. July 9-p m
The selling movement which received an appre-
ciable momentum Saturday was continued
In the first hour at the Stock Exchange to-day
The London market had fully reflected our de-
clines Of the half-holi3ay and London houses
resumed moderate sales when this marke, opened
Some effect produced by the severe break
in Chicago Gas. because II was accompanied by
rumOrs afterward disCredlted Of riotous as
saults upon the companys property The in
SEPARATION OF the early general DEPRESSION how
ever. was the evidence OF anxiety and distrust
indicated in the attitude II Europe Not LITTLE
influence was eXerted by the Increased strength
OF the foreign exchanges due to the natural
effects OF the blockade Of railway transportation
The drawings of bankers bills have been l"sscnel
by The unsettled situation. while the interference
with the movement Of products has reduced the
supply OF commercial bills. already unhappiy
hight. Moreover. the demand for gold AZ Con
tinentai European centres is already increasingly
felt In London and exchange on the Continent
al New York has been relatively stronger than
sterling exchang" for the last week. II is i'm
probable, in the circumstances. that anything viii
occur in tn exchanges in the interval 20 prevent
shipments OF gold TO Germany and France by
Thursdays and Saturdays steamers.
The dealings In stocks 10 day were considerably
above the daily average ~ las week. bat two
thirds Of the entire transactions were monopo-
lied by two railway and two Industrial issues.
The renewed activity in American Sugar Ee-
1ning which put II a, the head Of the active list.
resulted in rally from 9i. to 97a- asa. ~;
even ;he pre.ext ~ Washington Developments
excused the manipulation. but probably there
VIII be many Congressman who can explain the
mystery Of Sugars movements after the tariff
schedule shall have finally been made up in con
ference committee. Chicago Gas sold eT-divdcnd
Of IN per cent and It's fall from 76i1 10 49,
needs no other explanation than the Indications
OF inside realizations. The decline
precipitate and marked that the trading shor,
interest accumulated too rapidly. Leading 10 u
late sharp recovery 20 75+ In the railway list
the opening depression extended 20 about per
cent for the shares at all active Bu' tho 1is-
patches from the w. q. through the dag told - a
decided relaxation In the tension az Chicago ana
an improvement In the general railroad sltun-
ton Threats u widespread trades -un!on
strike have been the answer of the railroad
bOycOttere 10 IN" few shots In Chicago which
have broken tho backbone Of Anarchy There
may be ever So extensive Il quitting ~ WORK hv
butchers. bakers and candestick makers. hu,
each strike VIII settle itself. What IS important
to Wall Street and the country is that mob rule
has been ended and that the railroads are once
more moving their trains The stock market
quickly responded when the conviction be-
came general that the outlook in the West was
Frightening and although the afternoon buying
was clearly confined 20 the liquidation Of Short
contracts. II resulted In leaving the list fraction
ally above Saturdays close Exceptional net
lcsses were per cent IN Pullmans Palace Car
in which dealings are tending % Increase and Il.
In Delaware and Hudson. and q per cent IN Lake
Shore. On light transactions The only two
really active railway stocks were Chicago. Bur
lington and Quincy. and Chicago. Milwaukee and
81. Paul. The first named ends trlnc lower
after the rally ana the latter shows an advance
of a small fraction.
THE DAY IN THE BOND MARKET
Only trnng sales Of Government bonds were
made at the stock Exchange Bids for the
coupon Is were reduced - per cent but oiher-
wise the market ruled steady. Final quotations
follow: