New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-09-26
CLOSING PRICES OF CHICAGO STOCKS.
ON THE STOCK EXCHANGE.

Wednesday September 25-p m
The announcement of an engagement OF *l,Ooo'-
600 gold for export T. Germany caused irregularty
and weakness in the early hours of trading to-day,
but in the afternoon prices rallied on the covering
process and last prices for many stocks were at
advances The market was In the hands Of trad
ers all the day and there was little outside interest
manifested The condition Of the foreign ex-
change market does not warran. gold exports
At the present rates Of exchange there is no prot
and this fact led Wall Street 10 reach the conclu
sion that the 100000 taken for export by mer-
camille firm was special transaction and the
profit arising from II would be on a commission
paid the firm for executing the order. Although
the gold was taken for shipment TO Germany, II Is
understood that its final destination is Austria
and that II IS part of an order recently sent out to
complete the arrangements begun In Austria last
wear for resumption. Well-infOrmed bankers said
to-day that they believed that this order which
the mercantile firm had filled was the same
which had been telegraphed TO a number OF
houses here and refused Inasmuch as the order
was refused II was not unnatural that 1t was
taken by the mercantile firm for this firm has as
its London correspondents one of the few large
banking firms in London which were not con-
nected with the bond syndicate here. 1t appears
that this firm got hold Of the order and gave 1t to
the American mercantile banking firm which has
been the only large shipper Of gold since the BOND
contract was made Gables which were appar-
emily offered against gold shipments were In the
market to-day, and they were said to be Tor the
account of this mercantile hrm Thls would ma,
cate that the 900 900 gold taken out to-day did
not complete their shipment Besides the gold
taken for Germany a small amount was with
dra wn for Canada
The Industrial shares monopoiZed attention,
and transactions IN Distilling and Cattle Feeding
amounted to nearly one-third OF the total sales.
Buying in this stock appeared to be inspired by
reports that all the hostile interests mad reached
an amicable settlement, and whether or not this
was so IL was successfully used 10 carry the price
M over 2iz per cent to 23A, about i per cent
under its best price Of the year. Favorable trade
reports helped Sugar, Tobacco ana Cordage Sc
cur,ties Rock Island was strong on the dividend
announcement although the bears tried to de-
press It. because the dividend was not increased
bv the directors, a proceeding not expected by
those who are intimate with the railway situa-
zion In the West But for those who expected an
increase in the dividend the remarks OF the
heads Of the Western railroads on the prospect
for another year are encouraging. burlington
and ST Paul closed at slight fractional declines.
The anthracite shares were strong, but not large
" dealt in There were no new developments OUT
side OF gold exports. Rock Islands dividend ana
the resignation OF the Northern Pacihc receivers
"a Influence prices, and these had no particular
effact on the general condition of values. The
various interests in Northern PACING are not
vet prepared to say what the next step In the re-
organization Of the road Will De- ana the situa-
ton as regards the appointment Of new receivers
and the order Of Judge Hanford compelling the
receivers to appear in court on OCTOBER ~
rather obscure. The friends OF the present man.
ayers OF the road. which nave ehuea'oreu 10
have the receivers arrested. are pleased with the
action OF the receivers In resigning ana they
are confident OF securing reorganization IN mar
mony with the management
Following are to-day's last prices OF the prin-
cipal active stocks compared with those Of yes
terday: