New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-11-05
........ .s2Il.7I7.sO sI5.42s.oo
on THE STOCK EXCHANGE.

The stock market somewhat demorallzed
to-day on comparatively heavy iquidatlOn, "hlch
resulted in declines running from 10 per cent,
although at the close many losses were reduced
10 fractions There was no loca news Tespoh-
sible for liquidation. but room traders and others
endeavored TO foreshadow In their remarks acute
financial and political troubles abroad. and this
with continued strength in the foreign exchange
market added to the general feeling OF uneasl-
ness Bankers advices from abroad We're more
reassuring however Notwithstanding this,
London prices weaker at the opening. ana
in this market there was heavy selling for foreign
account extending TO nearly all the shares IN
Guided in the international list. Commission
houses were active sellers. Some good buying
was done on the decline. and the liquidation OF
last week followed by further liquidation to-day,
has not vet caused heavy interests 10 part with
their stocks. and there is a good accumulation OF
stocks on the decline in stronger and more power
full hands II railway stocks had moved on re-
ports OF fiattering traffic returns higher prices
would have been recorded in ST. Paul. and other
shares In ordinary times would have acted IN
sympathy but. at present stocks do not respond
10 favorable influence. and so the Street was not
surprised at the failure OF the Changers 10 go up
on the report OF St. Pauls earnings for the fourth
week in October. published to-day. The COM
pany's earnings increased S3l3,562. making an
increase In gross earnings since July OF SlSl3S3O
There were a number Of favorable traffic returns
reported to-day. principally OF Western roads but
their effect was entirely lost upon stock values.
Professional traders undoubtedly magnifed the
condition Of affairs abroad but. az pointed out In
this column this morning. there Is great uneasl-
upon values here on account OF the lack OF con-
fidence at home and abroad in the financial policy
of this country since the change in the Govern
ment at Washington.
Rallies from the lowest prices OF the day were
made In the afternoon when IL was reported
that the settlement in arts progressing
satisfactorily The heaviest losses among the
atcve shares were suffered by Atchison. Rock
Island Louisville and Nashville. Missouri. Kan
sas and Texac preferred, Reading. Pacific Mall.
Tennessee Coal and Iron and General Electric.
Among stocks which not so heavily dealt
in Delaware and Hudson. Lake Shore Denver
and Rio Grande Jersey Central Colorado Fuel
and Iron Cleveland Cincinnati. Chicago and
St Louis; Manhattan Erie. Telegraph and Teie-
phone: Michigan Central, Susquehanna and
Western preferred. Southern Pacific and Wheel
ing and Lake Erie preferred suffered losses rang
ing from p 70 per cent. Covering or shorts in
Sugar Refining prevented this stock from losing.
and In a few other stocks there was some
strength displayed Southern Railway preferred
being we'll sustained on moderately large trans
actions There was considerable selling for the
long account and out OF town houses were heavy
sellers In this market. The foreign exchange
market continued strong. although there was no
advance In actual rates. The supply in COM
mercial bills was very small, but the demand
remained light.
Closing prices Of the principal active stocks,
compared with Saturdays last prices. were as
follows: