New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-08-09
ON THE STOCK EXCHANGE.

Thursday. August S-p m.
To-days trading in stocks was a repetition OF
that Of the last few days. dull and uninteresting.
Prices showed no material change either way,
and there were no new developments Of sufficient
interest to affect the movement Of prices.
Desutory talk about the price Of wheat, the
extent OF it's yield. as well that of corn,
the foreign exchange situation and the anthra-
cite coal situation and the effect Of all these
factors upon the price Of stocks makes up the
chief activity in brokers' offices just now. and
customers as we'll as brokers. find plenty OF time
10 interest themselves In this kind Of activity for
an occasional glance at the ticker Is all the con-
centration necessary to keep up with Stock EX-
change movements. This midsummer duness Is
well reflected the tickers. which only tick at
moments few and far between Inc market
maintains a steady strength, however ana II
conditions continue favorable the fall trading
will start on a sound and excellent basis out
side OF Burlington. Sugar Refining and General
Electric, transactions In no stock amounted 10
more than 1000 shares, and In most cases they
were unde- 1000 total transactions for all stocks
amounting 70 only 1883 shares Perhaps the
uncertainty about the gold exports FOR SATURDAY
and the Government crop report for July helped
70 restrict trading but on these two points the
general opinion was not one OF fear, ana the golu
export talk was not bearish enough TO nurt
~
caused local profit taking. and In the AFTERNOON
prices rallied little on covering or shorts Inc
Granger shares, except Northwestern, SUFFERED
fractional losses in the day. and the coal shares
closed at advances.
No one appears to be able to give the reason LOT
the advance In General Electric yesterday and It's
strength to-day, but perhaps 1t may be due to the
fact that Wall Street ie beginning to reahze the
great future for electricity as motive power.
The announcement Of the ARRANGEMENT between
the Westinghouse Company and big steam loco
motive manufacturing company Tor the cohs'ruc-
ton OF electric locomotives has been food Tor con-
siderable reflection. and has apparently caused
new interest in the stock Of electric companies.
While II was predicted by some that General Eiec-
trio stock ought TO fall when the Wesunsnouu use
Company made Its new connections. the eHect has
been lust the opposite bringing more closely 70
mind the great field for electric power IL was
"a IA in the Street day that there had been some
large buying orders In General Electric Dy inter-
ests connected with the company The rates ior
sterling exchange showed no signs OF easing 10.
dav and there were well-dehned rufnors that god
dav In connection with the foreign exchange sit-
uetion and the bond syndicate. some speculation
has arisen as to the probability OK reeales mere
~ the new Government 4s which were sent ABROAD
=. Ca unders TODD that the bonds were delivered 10
tho Individual subscribers In London to-day, ana
sn,,n hal mixers think that many OF them Will seek
this market The price here for the new IS mas
heclined on the Stock Exchange recently, but
,herc have been no transactions IN them The
nny counon and registered a are quoted q. 1920
1871.
BONDS-THE FEDERAL TREASURY.
Gale. of Government bonds were confined to
s,s 600 registered A. OF 1907 at ll2A and sioooo
c,,,ron IS at 1i5M. Quotations were as follows: