New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-08-06
.,,s 1907 S32 500 si5 32s 600
on THE STOCK EXCHANGE.

on THE STOCK EXCHANGE
roday's stock trading purely professional,
o,a transactions were small and Of no interest.
,,r,ces made no material change either way, but
,hs tendency was decidedly strong, the Industrial
shares as a rule. showing some Improvement and
The Changers making no concessions. The gen
eral railway list was inactive. and the greater
nar of the days business was confined TO Chicago
fas Sugar Refining and Chicago. Burlington and
Oaney. A small break in Erie was caused by
snort that the reorganization plan was about
,sady for announcement, and that ii provided
for a heavy assess ilent or the stock, with con-
siderable scaling Town in the bonds There
seems however. according TO trustworthy In
formation no likelihood OF the plan being maze
nublic before September. but there il some ground
for the report concerning a heavy assessment
mon the stock Chicago Gas advanced to-day on
report that new bull pool in II was forming,
and Sugar Refining was lower at the close, after
slight rally at the opening Inc anthracite
cnal shares We're weak and neglected, and the
dlscouraging condition of the anthracite business
continued to gain more prominence by reports
from various centres concerning further reduction
in prices. Under the present restriction IN pro-
duction and the prevailing low prices. the exist
ence Of the miner and individual operator is pre-
carious while the loss for the big producing and
carrying companies is growing larger every day
Saturdays report that conference OF coal presi-
dents would be held failed TO be confirmed TO-
day and the leading anthracite officers appeared
10 be in the dark as 10 the next movement Rail-
roads reporting earnings to-day for the fourth
week in July made. rule, a splendid exhibit,
and out of thrty-One companies reporting Tor the
fourth week twenty-five companies showed large
gains. To-days batch Of crop reports were ex-
tremey favorable. dispatches from the Kansas
Agricultural Bureau putting the corn crop or mat
State at IS. 900 900 bushels more than in 1882 the
banner year The weather e growing more favor
able for the crops in all parts of the West, and
the outlook for successful outcome Of the har-
vest is brighter every day.
The situation in the foreign exchange market
Is making the stock market waiting and I'M
decided one. but 1t is to be noticed nevertheless.
that despite the professional trading which is the
chief feature of current transactions. good deal
Of stock is being picked up, as occasion offers for
a future rise in values which seems certainty.
Shrewd observers think that stocks of solvent
companies are finding their way into the strong
boxes Of big moneyed institutions and that every
effort is being made to shake out weak holders.
The pressure in the foreign exchange market
will probably force some large exports OF gold
this week and although none Of the big steam
ers sail Tomorrow a small amount was with
drawn from the Sub-Treasury to-day for export
The syndicate does not appear to be a heavy
seller of exchange just row, and remitters are
holding off until the last minute before making
their arrangements to settle the dividend upon
them The possibility of sudden change in the
market evidently is considered by all remitters.
RONDS-THE FEDERAL TREASURY.
Sales of Government bonds were confined to
81 900 registered As of 1907 at 112ie. and $1,000
coupon IS at 115A. Quotations were as follows: