New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-10-10
LOSING PRICES OF BOSTON STOCKS.
ON THE STOCK EXCHANGE.


transactions in stocks were wholly profess
sional. Moderate foreign buying and covering OF
shorts caused a rally from yesterdays declines
and the majority OF active stocks closed at gains
from Yesterdays last prices Speculative atten-
ton was to a great extent confined TO chicago
Gas. which moved with great irregularty. closing
at an advance Of over per cent. Chicago Gas Is
one of the most disappointing stocks in the mar
ket and It's movement In the last few days mas
been extremely cratic. Early In the year 1t was
thought that the new interests which secured the
control Of the Chicago Gas companies would make
them good investment properties, but their die
appointment in not getting desired legislation in
the Illinois Legislature caused them to throw over
their holdings. and different interests are now
again in control. These interests have given In
dicaons In the last two weeks Of desiring to take
Chicago Gas out Of the speculative class. but they
being vigorously opposed by the Industrial
stock spectators, and naturally so, because this
class Of Stock Exchange traders certainly object
to losing any stock which can be OF service TO
them in their speculations. The rest OF the In
dustrial list moved in sympathy with Chicago
Gas, although there we're various reasons put
forth for their advances but the increase in the
short interest led to covering by those who have
been recently operating for decline. and an
advance in the leader was naturally followed in
the rest Of the speculative favorites. The deal
ings in Chicago Gas amounted to more than one
quarter of the total transactions. Distilling and
Cattle Feeding Company somewhat active,
and the presence in the Street of the ex-president
Of the Whiskey Trust may have helped the stock.
inasmuch as the managers OF the successor conn.,
pany have expressed their confidence In the past
management Of Distilling and Cattle Feeding
Company by compromising with II. All the DAM
age suits brought by the old managers against
were dismissed to-day. and beautiful silence Is
maintained by the new managers in regard to the
charges of fraud. etc, made against the wreckers
OF the Distilling Company few months ago
Further reports Of rate cutting In the West and
Southwest did not prevent the Western and
Southwestern railway properties from advancing
and the general railway list was higher the chief
exceptions being Southern Railway and wabash
preferred which suffered fractional declines ILL
nois Steel United States Leather preferred and
United states Cordage were other stocks 70 snow
losses from yesterday. The market closed at re-
actions from the best prices. silver bullion mas
advanced in the last two days both In this cliy
and London TO the highest price OF the year. ana
the general belief IL that the advance has been
due to the accumulation of the metal IN LONDON
in connection with the payment or the chinese
indemnity to Japan. The shipments OF the metal
from this country have been large, and some time
ago IL was announced in this column that syn
dictate composed OF London and Paris bankers
had been formed to buy silver In anticipation OF
the Chinese indemnity payments Silver Dulhoh
certificates to the amount OF 10000 ounces were
sold on the Stock Exchange to-day al from 6ses
to 60 the largest business transacted In these GER
tncates I'm many months. Bar silver In LONDON
advanced to SD, and the price Of commercial Oar
silver in this market Was GA cents
The following are to-day's final prices Of the