New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-10-29
CLOSING PRICES OF CHICAGO STOCKS.
SING PRICES OF PHILADELPHIA STOCKS.
on THE STOCK EXCHANGE.

Monday, OCTOBER Zo-p. H.
Transactions in stocks were fairly large but
dealings were without significance. In the early
trading persistent bear attacks caused declines Of
/ per cent and over which however, were les
sened in subsequent transactions. and at the close
several stocks showed net gains. while most of
those which lost only suffered fracionally. There
was no outside support to the market but the
operators for the decline did not succeed in fore
ing investors to liqudate. and in the afternoon
rally brought OH by the professional element
which was forced to cover. The absence Of an In
crease In the supply of commercial bills from the
mornings mails led to more talk and speculation
on possible gold exports this week. though the de-
mand for exchange to-day was light and an out
ward movement of the metal this week is hardly
safe to bank upon at present. The course OF
prices to-day again showed the disregard the
stock market has for favorable developments.
and the large increase in traffic returns reported
by different railways this morning met absolutely
no response in share values The Chicago, Mil
waukee and st. Paul Company for the month of
September showed an increase In net earnings Of
$3.50 1871, making a total Increase in net earnings
since July Of Ss5.294. The company succeeded
in reducing operating expenses TO unusually low
figures in September, the percentage or such ex-
penses TO gross earnings being 56.35, against 81 %
In September last year.
Sugar Refining. Tennessee Coal and Iron.
United States Leather. American Tobacco and
Missouri Pacific were the leaders in the early
dealings. Declines were recorded In quick
enough order T. indicate decentralization, and
heavy liquidation in Sugar was followed by
moderately large sales In the other stocks men
toned. The decline in Sugar. before men,
toned in this column, indicates. II would seem,
the wish of heavy Sugar interests TO put the
stock below par and the approach of the meet
ing Of Congress undoubtedly is having some
effect upon this stock. has been noted in
other years at this time. The possibility of
action by Congress legislation affecting the
sugar industry is sufficient reason for the in
siders to push the stock down. as they did two
years ago. wher the stock broke 20 points or
more and then on legislative action jumped
up as many more. II is also supposed In the
Street that the Ames holdings are being liqui-
dated. Sugar closed at a net loss OF III per
cent at 1929, which Is about per cent below
It's level week ago The dealings in this stock
were about one-thrd Of the total transactions.
Leather preferred. after a break OF nearly
per cent. rallied and closed at gain OF "a per
cent, and other stocks which were the greatest
sufferers in the first dealings recovered good
part Of their loss at the close. St Paul was
comparatively active but its September report
failed To advance its value, It's closing price
being, however. slightly above the opening. re-
necting the influence OF the general rally forced
BY the Industrial shares. General Electric was
down / per cent. Pacific Mail was ad-
vanced fraction. and Tennessee Coal and Iron.
on moderate heavy dealings. was down. The
general railway list was weak.
Closing prices OF the principal active stocks.
compared with those OF Saturday were as fol-
lows.