New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-04-18
CLOSING PRICES OF PHILADELPHIA STOCKS
CLOSING PRICES OF CHICAGO STOCKS
WHAT WAS DONE IN STOCKS.

Tuesday. April lip. N.
The business in stocks to-day mor
widely and evenly distributed. although ore
the Industrial stocks still attracted an undue
amount Of attention. Transactions in Chcsg,
Gas although they fell off nearly one-haf from
those yesterday. furnished more than one-fourth
OF the total business. The fluctuations In price
were less violent but after an early decline,
which at one time was at least suggestive, the
stock recorded a further gain Of nearly per
cent. The vagaries Of this stock always have
been strictly speculative. and on several &C.
casions II is doubtful II even a 50 commission On
some OF the transactions has been paid but the
Stock Exchange apparently is helpless. although
its rules prohibit fictitious sales. What IS wholly
disgraceful is that the manipulation OF stocks
Of this class should occasionally control or
affect the whole market. The fluctuations have
not been due to changes in earning capacity
or in financial conditions II is not known better
than It was a week. or a month ago whether
the present attack on the combination will
successful; it is perfectly clear that the pretex'
has been employed to great advantage In
speculative way
industrial stocks disclosed a weak speculauo.
in the railway list ST. Paul. which was second
only to Chicago Gas. declined nearly per CEN.
and in the late dealings rallied slightly. ou.
without spirit Ii fair illustration OF the
e. neral course Of prices. and with few exceptions
final variations were fractional declines. In'
labor troubles on some OF the Western lines
rumors OF serious cutting of rates on Eastern
roads and the obstacles I'm the way OF Of the sue
cessful reorganization OF several bankrupt com.
panes tended to discourage buying and 10 arouss,
selling for the short account. The internauoha'
stocks were by means the weakest. and per
haps. there were no clear indications Of extensN'
selling for European account. but rates Tor lot
eign exchange were firm. and further exports
Of gold at the end Of the week appear 10 %
inevitable In fact one firm. which is rarey
shipper OF gold. announced the probable explI.
of $500 900. although no actual engagement wa
made. The outward movement of gold Is ~
a matter to be treated lightly. and in spite -
the repeal of the sherman silver law the ou.
flow may be as serious as II was year a.
The National currency Is on stable basis' III III
no predictions about the action Of Congress WIZ
be safe before the end OF the present tessJt
and the Treasury gold balance again is talln,,
heavy deficit at the end of the fiscal Ns
may only be made up by fresh issue OF oonl,
and the circumstances attending the preNo.s
issue afford no criterion by which the sue,
Of the next one may be judged. The trade Ca.
ance is opposed to exports of gold. but III az,
Spouse 10 :he secret balance shipments are oe''
made and theaten 10 become still larger
THE DAY IN THE BOND MARKET
A sale of s5009o registered IS nj lliis "s
made at the Stock Exchange. and the price We.
the fraction above the bid The market VIZ
only steady at these closing quotations;