New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-08-22
No PRICES or CHICAGO STOCKS
CLOSING PRICES or PHILADELPHIA STOCKS.
bid. Asked nd Asked
ON THE srock EXCHANGE.
Wednesday. August


tba shares ~ The Granger roads are gradually
snlns higher with the exception ~ Chicago
ana Northwestern they reached their highest
ntjtes ~ lbs year ta-dat. afh, ~ fact The heh
est ptises since 1858 These shares nave main
tanned good positions ~ The siUfh naihe'
Throughout The summer season ~ 1uhrssl am
bear raids upon them have hoi beeh sHill'leh' y"
dsl0dge any important stock, Tor theli holders
have been extremely oonida u ~ me chances ~
The Granger roads ia lhe neal fulNIf. lhtie
mas been little Granger Stock for sale, ana ms
may be said Of most other shares OF solvent
companies The frequent raids made by the pear
contingent upon the susceptible Industrial shares
have had only trifing effect. II any, upon he
majority Of the stocks, and well planned cam
paigns to force liquidation have been unusually
djsappointing to the people behind them. Amer
lean Tobacco has acted as these manipulators
would wish. and Sugar Refining and other Indus
trial specialties have behaved according t. the
,nsiders' programme but other stocks. rule
have not been shaken. To~day's trading in the
Changers would have been heavier II there had
been more Granger stock In the market put' as IL
WAS a fair amount Of business was done IN them
and the entire Granger group closed az sub5'dn-
,,a, NET gains. Crop reports were good and de-
sn,,a ordon sales I'm ST. Paul, there was suf
Gent local support to prevent any weakness
The efforts Of professional bears to force declines
were only successful in Sugar Refining snd
American Tobacco, the first named losing over
az per cent. The sugar market Is dun III pres
emf and the announcement that one OF me ''e
refineries would close for the rest OF the week
helped liquidation In Sugar Renning STOCK. 'hl-
earn Gas and the rest of the Industrial list. with
the exception Of United States Leather preferred
were weak. Minneapolis and 81. Louis Stocks
= Lrrta md
sharply from Yesterdays closing price. The An
thracte shares. principally Reading were lower
nm proft taking sales and Manhattan Railway
moved irregularly. fuctuating between lli2 ana
1ls closing at I14h Northern Pacinc conSols
were weak to-day and there were various re.
norts about the deal Mr.. Hill. OF the Great
Northern is trying to make between ms r'hu
and the Northern Pacific MI I'M Is IN 'his ,.y
nd Mr. Morgan returned to-day ana CONFER
once on Northern Pacific reorganization was
held at Mr. Morgans Office IT does not ZEN
probable that Mr. Hill made any more hean"S
with his guaranty scheme ~
Rates in the foreign exchange market werc
easier to-day. All the large exchange houses
made a reduction in posted rates ior stei'ns
exchange and there were more bills IN the mar
kei gome observers Of the foreign exchahge s'-
uation do not believe that rates VIII ran 10 an,
apprecabe extent for month Al leas, ..s nu,
artlnciaI rates will go down In the course oi
the next week To.day's case IN the marx,
seemed to give considerable strength TO s",n
ntservatjous and actual conditions appear ~
he shaping themselves on the eide of those WIZ
orsdjct n fail from current quotations Inc w.
irand from the interior for currency w oo",, 'nd
lion with the crop movement II inciehH,ng, W."
cotton ana araIn futures ana security DIV" w, r.
likely a. be important factors ~ inc nnim.' ,nn
49,. co,,rse of another week. Then perhaps 'h'
hIs withdrawals Of gold yesterday may h"yo
Impressed The syndicate thai reduction " r w.
rates Tor foreign exchange hgh' pe VIZ. y, ooo noo
svndlcais has been forced 10 give owe! t',""'"vo
~od 10 The Treasury since II put ~ rnler Ior 'n
Change al the highest figures Oh i'r''a, " noo ooo
that time gold 10 nearly me sun, ~ ,'.' ,,n,,,
ing gold 10 the Treasury MAJ os 'o' "ou''''