New-York tribune., 1895-09-25
~ osrsn PRICES or PHILADELPHIA STOCKS.
CLOSING PRICES OF CHICAGO STOCKS
nkto.~n s-rf.rnhc~
ON THE STOCK EXCHANGE.

THURSDAY. September %-p. M.
Rumors Of gold exports this week served to de-
press the stock market after a strong opening,
and last prices were at substantial net declines.
The volume OF business small and poorly dis
tributed and at all times trading dull. Sugar
Refining Chicago Gas. Distng and Cattle Feed
ing Rock Island ct. Paul and Reading were the
leaders in point OF activity. but except In the
case OF Sugar Refining business In these stocks
was comparatively small. Rock Island was strong
I'm the morning opening above yesterdays cos-
ing price and advancing 10 S0% but subsequently
IL lost all oe the advance and closed below It's
opening. There some talk 10 the effect that
the quarterly dividend on the stock. now due.
would be raised but we-informed men do not
believe that any such action Will be taken BY
the directors, for the present quarter al least.
Chicago Gas and Distilling and Cattle Feeding
are receiving more than ordinary attention just
now or acco int Of expected developments in the
affairs OF the companies 1t was reported from
Chicago to-day that Attorney General Maloney
uould MOI take up the Chicago Gas case at pres
ont because the Gas people had under considera-
zion "A plan OF reorganization which would Involve
a consolidation OF the companies which they be-
Heved would conform TO the laws or Illinois This
plan will il is said, be submitted TO the Attorney
General at once In regard TO Distilling ana cat
lie Feeding there have been. in the last rev days
reports that important changes Will be made In
the reorganization plan on account OF recent nu-
cation which has practically acted as stay 10
prevent the reorganization from Dtlhg put lnto
force A suit has been brought 10 prevent the
new company from making an issue OF sS',Vo,VVV
securities on plants which cost only sssWOoo
and n the decision should be against the conf
pany the plan will have TO be changed 20 az TO
reduce the issue Of securities tn What the prop
erty really cost Both Gas and Whiskey shares
were lower to-day on moderate transactions De
clines were almost general throughout the hst
and were due IN great part 10 the gold export
talk. which seemed TO have a good basis for be
ing INDUCED in. The fact that gold cable OFFER
tnys were IN the market shortly after the open
ing OF business sufficient reason 10 thnk thht
,nid exports will be resumed again, ana the fact
mai there was much general commence over
The situation yesterday made the days indcs-
lions OF gold shipment all the more disappoinl-
ing ..,., h,,,. ana ,,,,,,ras ..ss
ro, mn feriaIly increased. and there was report
-, ,be mercantile 1rm which has been the only
large shipper Of gold this season would SEND out
81 900 600 OF the metal on THURSDAY Unless the
rates I'm the foreign exchange market suddenly
advance the profit In shipping gold. especially In
yiew of the light weight coin supplied. VIII be
small and direct shipments 10 London VIII net
to, small "a profit 10 pay for the trouble. A prOht
NIGH he squeezed out in a shipment OF the metal
Ia the Continent by triangular operation About
S9OO 900 gold taken to-day Tor shipment 10
canada but the transaction had no significance,
as Canada is IN the habit Of taking small amounts
~ gold FOR its business requirements sfNcfhi
times A wear A favorable development In the
foreign exchange situation this week has been al
so I'm the value OF exports for the week end
ing to-day cf ss7j3o6 over the previous week ana
I he total exports for the week have been the
iarges, since early in June. The increase over the
same time last year was ssol 427, and. compared
with the corresponding week In 1898 there WAS !
loss Of 2iJG14S But imports OF general mer- |
Oh nd,se and drvgoods for the week ending Satur-
4 ,,, were I'm excess OF exports for the week end
,nr to-day Of 81 9s2. sec. The receipts OF the Gov
ernment were again In excess Of payments. and ]