New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-11-12
CLOSING PRICES OF BOSTON STOCKS
on THE STOCK EXCHANGE.
Monday NnNemher Ill


The stock market opened at general advances
from Saturdays closing prices. subsequently,
weakness was developed in the lndustrials. ow-
ing TO talk Of adverse legislation TO the trusts
in Congress and .he whole market became
weaker. followed. however by a good rally, last
prices for most stocks being at net gairs. Trad
ing was chiefly professional. The reports from
European financial markets were more reassur,
ing but outsiders. while not liquidating any. held
aloof from the market. continuing 10 watch the
situation with considerable uEcasiness Az re-
cards the foreign stock and money markets. to-
days developments in them were more favorable.
evidently rejecting the effect Of Lord Salisburys
speech Saturday night. II is now believed that
the confidence inspired by Lord SasbUry's re-
marks will materially assist in preventing
trouble during the London settlement beginning
Tomorrow which. in view OF last weeks uneasi-
ness was looked forward TO with some anxiety.
The condition Of the foreign exchange market
To-day indicated unceasing strength In rates. and
II would not be at all surprising If several ship
ments Of gold were made tins week. The mer-
camille firm which was the principal gold ex-
porter in the recent outward gold movement has
MADE arrangements 10 Withdraw $l,ccOOo0 to-
morrow for shipment Wednesday. and If the
rates hold this firm will probably ship more OF
the metal at the end Of the week. The selling
Of securities in this market by Europe, with the
large excess Of imports over exports. has Gre
a
large as during the summer months. is too large
TO be satisfied with the current supply OF COM
rnercial bills. and the continued backwardness
OF the cotton movement ageravates the unsettled
conditions in the exchange market. According
to official estimates, cotton exports last week
were a. per cent less than in the corresponding
week In 1894. and the Governments crop report
issued to-day estimates the yield a 1556 pounds
per acre against 1917 pounds in the correspond
ing time last year. At this rate the crop would
be- about 600 bales.
Higher prices in London led to considerable
short covering principally by the foreign shorts
in Atchison. ST. Paul and Louisville and Nash
Vile all Of which closed at substantial ad-
vances All the Granger shares were up. and
the general railway list strong The In
dustrial stocks were generally sold by the bears.
and these shares were the only ones Of the
tive list TO show weakness General Electric
sold down from 30A to 2sa4, but recovered "A part
the loss the announcement or the de
c!sion Of the United States Supreme Court In the
McKeesport case favorable To General Electric.
This is a involving claim that the in
candescent lamp was an invention prior TO that
OF Mr. Edison's Pacific Mail was up nearly
per cent on buying by interests said to be identi-
fed with the Panama Railroad and 1t was re-
ported that negotiations had again been opened
between Pacific Mail and Panama Railroad.
Colorado Fuel and Iron. and Tennessee Coal
and Iron were advanced per cent. Delaware
and Hudson and Baltimore and Ohio were
among the railway shares which suffered losses.
Chicago Gas declined over ! per cent, sugar Re
filming Y per cent. and Dlstillers - per cent
Closing prices Of the principal active stocks.
compared with Saturdays last prices. were
follows:
Nov o. Nov. H. Changes