New-York tribune., 1895-09-24
CLOSING PRICES or BOSTON STOCKS.
ON THE STOCK EXCHANGE.
Monday Spptember 23--p,


There was cause for considerable satisfaction at
the close Of business to-day. Foreign exchange
rates eased off In the morning; no gold was taken
for export to Europe: there was further in
crease In the currency movement for crop piir-
poses; there were indications that the coal trade
would soon make a further advance toward read
justment and the majority OF active stocks c'osed
at net advances. Then. as comfort for the tew
supporters OF the present mongrel tariff Jaw,
there was for the day excess OF over 100000 In
receipts above expenditures. And the utter I'M
possibility OF the Treasury ever worrying over
revenues while the present law Is In force was a
conclusion reached at once by those who nave
been prattlinG for the last few months that the
tariff act is all-sufficent and all-wise. The con-
dition OF the Treasury will cause the Administra-
ton to worry for long time to come even II for
one month the excess Of expenditures keeps be-
low 81 900. as 1t promises to do this month
And even If the syndicate, whicE was dissolved
on Saturday, has an accumulation OF gold when
II intends to hand over to the Treasury, as re-
ported In afternoon paper, 1t will not be sur
ficient to prevent the Wilson tarin law from re-
naming a drain upon the Treasury. At the pres
ent leading authorities upon the foreign exchange
situation agree that there will be no gold exported
this week, and IT Is encouraging to observe more
confident feeling I'm the Street over the exchange
situation which has for 80 long time been the
leading and the chief disquieting feature attend
ing Stock Exchange trading, az well az the lead
ing factor Of influence and. 1t may be said. rear
in the general banking community. To chronicle
carefully the feeling among bankers. IT should be
added however. that their predictions about the
future Of the exchange market are very cautious
and that they do not make In unqualified terms
assertions that would lead TO the BELIEF that gold
exports Will not begin again sooner trah the nor
NAL time for shipments
II was reported to-day that the anthracite
companies would make further advance Of %
cents ton In the price OF coai tomorrow Ihe
n
heads OF the companies has been due to individ
nal action and not ss the result Of reported
coal combination, but II seems that when the
companies az individuals have put the trade
upon a good basis ss far az prices are concerned.
then the powers In control VIII come together Tor
an united effort upon the question ~ percentages,
which by q change In ownership or H"hding
stock will be accomplished without the unfortu.
nate Enlargement Of the meetings last spring.
'rhc coal stocks were inactive and Irregular. ana
showed only fractional changes IN thef values
The chief activity was confined 10 the lnduririaI
and some OF the granger shares bui In no STOCK
were transactions particularly henVE, Whilr % rsa-
ing was chiefly professional and not SPIRITED
DESPITE the favorable influences or the day. sugar
Refining American Tobacco Chicago Gas Dis
tlng and Cattle Feeding and cordagt securities
were active and advancing ana sugar ana 'as
were pushed up over per cent. Bullish temper
seemed 10 be- the dominating Influence and the
movements In the stocks were such az VIII uh-
doubtedy be followed by the usual pront taking
sales London was a moderate buyer uf 81. Paul.
which gained per cent Rock Island was up
over per cent. Burlington Is per cent and North
western :. per cent Pacific Mail broke over
per cent on report that the negotiations with
Panama Railroad were not proceeding smoothly
but subsequently, II recovered part OF its loss
or the chief active stocks the only ones 10 close
At losses were Jersey Central. General Electric
Pacific Mail Southern Railway preferred and
Western Union. Plttsburg. Cincinnati, Chicago
and ST. Louis preferred gained 3i2 per cent ON
buying said 10 be due 10 interests near the man
agement There was some talk OF increased diyi-
dends The general market closed strong.
BONDs-THE FEDERAL TREASURY.
Government bonds were inactive There were
no transactions and quotations closed as follows: