New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-07-03
PRICES OF CHICAGO STOCKS.
on THE STOCK EXCHANGE.

Tuesday. July 2-p
The strength Of the foreign exchange market
to-day caused few rumors Of gold exports for
the end Of this week Foreign bankers who were
willing to make public their views on the situa-
ton expressed the belief that no exports would be
made. and that If they were. shipments would be
small and would not be followed by any extern
sive outward movement Of gold. The reports Of
gold shipments have gained circulation partly on
account Of the fact that small amount OF gold
brought here from Havana Will be sent to France
by prominent banking house. but this transac-
ton will have no effect on this market The r.
sources Of the bond syndicate are great enough
10 prevent an outward flow Of the precious metal.
and there is no reason to suppose that the synd-
cate will give up its control Of the foreign
change market for the present Fortunately the
dsquieting rumors Of possible gold shipments
have not affected the stock market. certain ac-
tive bears would Ike 10 see, and 1t Is a fact worth
recording that the Street is beginning to have
that confidence in actual conditions which makes
II courageous enough to laugh at silly and un-
founded rumors put out by professional Tumor-
mongers. Gold shipments might be made but
the syndicate would not allow any drain upon the
Treasury. Trading in stocks to-day not
large. and good part Of the transactions repre-
scented the closing up OF professional ventures OF
the last few days. In the first hours OF business
the market was higher on the covering Of short
contracts. but bear raid in the afternoon caused
slight reactions, and the close was Irregular,
with many net declines.
The Industrial group was manipulated to some
extent, and Ia most cases closed higher. The
Officers of the United States Rubber Company
have complied with the demand OF the Stock Ex-
change for statement of the companys cOndl
ton which Will be considered by the Governing
Committee at its next meeting. Chicago Gas
was lower and there were conflicting and uncon-
firmed reports about the probable action OF the
directors on the next dividend. There appears
good reason for believing that II will be lowered
or passed The Granger shares were strong on
good crop reports and moderate London buying,
but were depressed at the close and were gener-
ally lower. Further rumors Of anthracite
agreement were current and helped the coalers,
which closed eractionay higher. Colorado Fuel
and Iron was strong featur. OF the market.
closing at net advance OF per cent. on favor
able earnings. and the report Of large sale OF
Its bonds to fund the floating debt Of the
pany. Other strong features were Missouri, Kan
sas and Texas preferred, New-YOrk and New
England. Northern Pacific preferred Southern
Railway, Tennessee Coal and Iron and Wheeling
and Lake Erie preferred. Interest payments yes
terday and the shifting of loans made heavy ex-
changes at the Clearing House to-day. amounting
to nearly 5000 900 0o0 and the rates for call money
loaned at the Stock Exchange at per cent In
the afternoon the rate went back 10 ! per cent
Government interest payments were reflected in
the Treasury statement to-day which showed an
excess OF expenditures over receipts OF $2,700023
BONDS-THE FEDERAL TREASURY.
Government bonds Sold $l2 900 coupon s. mt
1I6%. and 81 900 registered As OF 1907 at lloh
Quotations were as follows: