New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-07-26
CLOSING PRICES or PHILADELPHIA STOCKS
ON THE STOCK EXCHANGE.

Thursday, July ZJ-p. III.
Trading in stocks to-day developed no interest
ing features and there were no news items OF
sufficient significance TO affect values. The mar
ket was extremely irregular oil the day. and at
times duh and unnterestng. changes at the close
from Yesterdays last prices being about evenly
divided between gains and losses. Foreign ex-
change rates were unchanged. There were no
announcements Of gold exports for Saturday. and
the order for the small amount engaged by Ness
lape Colgate az Co. was cancelled on account or
the sudden dissolution Of the firm. Facts which
have no place in a financial article were said 10
have caused a break between the members OF the
firm but the interesting feature or the dissoiu-
ton TO Wall Street Is that the firms dissolution
will. for a time at least. end the exports OF gold
The small shipments which the firm mas been
making have not worried anybody, but checK
TO any outward movement OF the metal IL thahK-
fully received. There is Apprehension IN some
quarters tust now that the cereal export move
ment will not be large enough TO prihg u boou
sunplv Of grain bills into t. market and that
rates will continue strong all the season Na'e
full estimates Of the wheat crop are bullisf. now
ever and II is too early to speculate on mo ut'-
mate outcome Of the harvest. but from the es'i-
mates Of intelligent observers there IL every
reason to believe that the export moVeihen, III
wheat will not be curtaied 10 an extent az pr ..
from the West yesterday were that the Te.cip'S
Of winter wheat at interior points were far peiow
those at the same time last year, put WHY
wheat does not make up the tOtai "hta' 49,,
and from present Indications the situation ~ Iar
from unfavorable. The outlook for corn ~ such
that many men are predicting that II VIII De ex-
ported in larger quantities this year thah ever
before. ... ..,o,,.
r,mors about a shortage In the wheat crop. ana
as rumors play an important part in certain
kind of stock Specializing II is not a. 'as
Tho hull movement OF Monday and Tuesday mas
baltod esnecialIy when the season or the year,
the strength OF the foreign exchange market ana
the purely professional nature or current traoihe
are taken into consideration The Granger sharee
were fairly steady to-day under talk or good
corn crop and the light movement OF winter
wheat failed TO bring out any losses. Rock Island.
Burlington and st. Paul were fractionally h'gner
AT the close and Northwestern was unchanged
from Yesterday. The industrial group was gener-
ally lower and Chicago Gas, on new crop OF
Chicago specials, lost per cent. but recovered
and closed at a small gain. Sugar Refining was
irregular and United States Leather preferred
was marked up per cent at the opening: but
subsequently sold off per cent The price OF sole
leather for export has been advanced cent a
Mound due II Is said to heavy foreign demand.
and the officers OF the Leather Trust see. 80 tney
say good times head for the concern. The genera
railway list was little dealt in. and the street was
hoping for some official announcement from the
Trunk Line and Central Traffic ASSOCIATIONS
meeting OF the chances of settling the vexeu p.op
lem OF rates which has been under cons,uernton
for the last few days. No Information mas peen
given out concerning the reported new ideas OF
Mr. HILL OF the Great Northern. on Northern
Pacific reorganization and there 10 no reason 10
believe that his present visit to Newly VIII De
more successful in negotiations for the acquisition
~ the Northern Pacific by the Great northern
than his last. The recognizing OF the bankrupt
nronerties 10 progressing slowly In these summer
months. and Il Is unlikely that mitch seuve wosx