New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-03-05
c:.osIXG PRICES OF sAX rRANcIsro STOCKS.
on THE STOCK EXCHANGE.
Monday. March 4-p.


brighter better and more hopeful feeling
pervaded Wall Street whom the announcement Of
the end of the LID Congress was made to-
day. on the Stock Exchange in the banks and
in brokers Offices the adjournment Of this reck-
less and eXtravagant body Of men, who have
eXasperated and injured the country in the last
two years, occasion for expressions OF joy
and satisfaction. and liz all circles Of business
there was relief While the stock market showed
no appreciate change at once from It's dormant
condition. there was noticeable among ali classes
Of traders more confident feeling, and at the
close Of the days operations there was an indi-
cation Of buoyancy. The present condition Of The
stock market is such that the best kind Of news
would fail to have dn immediate effect upon H.
and people in the street. knowing this neither
looked for a boom nor We're they disappointed at
the failure OF the market L. respond in more
emphatic way t. the news OF the adjournment
I, j. hoped and bclirted in Wall street that
the end Of the disastrous life Of the recent Con-
pIess will materially assist in the restoration If
confidence and the expansion Of business
throughout the country, ard the bulls #
speculation are only waiting for confidence to
enable them to get their Strip again. With
Congress out of tho way there will be ten
dcncy L. % ahead with business enterprises. and
there must be- a resumption in all lines Of indus
Try which viii be- reflected in increased railway
earnings and an expansion in loans for mer-
camille acc Jmmodatipn. From now on the course
Of the sock market viii be watched with strong
interest for favordbl" developments in trade
conditions will undoubtedly b. reflected In an
upward tendency Of stock prices
The stock market to-day opened stronger. but
weakened On London selling ana a bear attack
upon Western Union. General Electric and Read
ing. Later on T. rallied on the covering 81 shorts
by room traders The selling movement in Cen
eral Electric due to dispatches from ash
ington announcing that decision would be given
in the Bate case unfavorable 10 patents. inclui-
ing held by the General Electric Company.
This was confirmed at the close ~ business The
stock broke from tn" opening AT - - 2j7s. bat
closed higher on the covering Of shorts. Reading
was weak and lower on account Of the suit which
has been begun by the trustee Of the general mort
gage for foreclosure Of the property Louisville and
Nashville was lower on foreign selling. and Amer
lean Sugar Refining moved 40 and down under
the manipulation Of inside traders. and showed a
net advance OF over one point. Toward the close
the London selling pressure removed from
the market and the influence was Immediately
felt by almost the entire list which closed at frac
tional advances. The close showed a distinctly
amounted in volume to higher figures The
Treasury's gold reserve was further increased to-
dav by receipts Of gold from abroad on accoun;
Of the bond syndicate. The rates for foreign ex-
change were again high. and arbitrage houses
were in the market buyers to moderate cx-
tent.
BONDS-THE FEDERAL TREASURY.
Government bonds sold: 5000 coupon As. when
issued at l192s and $4,000 at 1884. Quotations
were as follows: