New-York tribune., 1895-08-10
CLOSING PRICES OF CHICAGO STOCKS.
ON THE STOCK EXCHANGE.
E'xldot. AuQncf On

Friday, August Up. m.
There little more activity in stocks to-
day. but trading wholly professional and un-
interesting. In the first part of the day there
was little doing; prices were inclined to sag,
owing to the fear of large gold exports to-mor-
row, but later on the short interest began to
show some activity on the announcement that
there would be no extensive shipments Of the
precious metal. and prices rallied. The Granger
shares developed considerable strength. and Bur-
lington made net gain Of per cent. st. Paul
and Rock Island were also up at the close above
Yesterdays last prices. The removal Of the fear
of large gold exports and the general belief that
the Government crop report TO be issued to-mor-
row will be favorable, helped the bulls to control
the market. and in all the active stocks, with
few exceptions closing prices were at net ad-
vances from yesterday. The most conspicuous
advance was made in Manhattan Elevated.
which scored net gain Of 3as per cent The
general outlook fol- the company has suddenly
impressed the Stock Exchange traders favor
able and the story of an application Of electricity
to the Manhattan Company for its motive power
and some good inside buying helped the stock.
Western Union was also bought and advanced In
the day IL per cent The Industr.as were up
fractionally, and the general railway list was
strong in the late dealings. Erie shares declined
fractionally to-day on the report that the reor
BdnlZdtlOn pan, WHICH IL dDOut coinpictcu
require an assessment Of 81 share on the COM
mon stock and 81 on the preferred.
The bond syndicate has indicated that II Will
turn $2,000000 gold to the Treasury in ex-
change for legal-tenders. to make good the hole
cut in the gold reserve by the recent gold ship
ments and this expected action caused a better
feeling in the Street and reassured the doubling
ones of the synd.cate's intention TO protect the
Treasury's gold reserve. The fact that to-day's
gold withdra walls were far below what had been
expected undoubtedly helped the stock market,
for the recent big Withdrawals and the reported
engagements for tomorrow, while not lowering
stock values kept them from going up. a com
merca house had expected TO send sl.OO000O
gold but was evidently enabled to make better
arrangements There is somewhat easier feel
ing over the foreign exchange situation, and
more grain and cotton futures. well some
bankers bills expected soon TO make their
appearance In the market. II is understood that
besides the Louisville and Nashville bonds placed
abroad, other issues OF other railroad companies
have very recently found investment in Europe.
That progress Is being made In closing up the
business OF the syndicate was made evident to-
day by the return to the members Of over 30 per
cent OF the capital contributed by them when the
syndicate was formed. OF the amount furnished
in the beginning there still remains 30 per cent TO
be returned but II Is likely that this amount will
not be paid until foreign exchange rates have
fallen TO a point where gold shipments will not
be profitable. In regard 10 the return Of new
Government as from London 1t appears that ex-
change has already been bought against them
and that but small portion Of them will seek
investment here.
BONDS-THE FEDERAL TREASURY.
SO 900 coupon 4s Of 1926 at 1922 $500 at 122A.
1000 coupon 4s Of 1907 at ll2s. and 500 regis
tered IS at 1l5% Quotations were as follows:
ptd AsLsd Hid Asksd