New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-11-09
CLOSING PRICES OF BOSTON STOCKS.
ON THE STOCK EXCHANGE.


The stock market reacted to-day from yester-
DAYS advance. Lower prices on the foreign
bourses and no support here. with the absence
Of short covering and strong foreign exchange
were responsible for dull and sagging market
Advices from abroad were disappointing. The
markets there showed declines in British consols,
French rentes and Spanish and Italian securities,
and there was moderate Generalization on the
foreign bourses owing to transportation and
the unfavorable appearance of political affairs.
In this market there considerable liquida-
ton on arbitrage account. Declines were not
large, and the majority of standard investment
shares did not suffer to any material extent.
The foreign exchange market rates are above the
gold shipping point and to-day there were vari-
Gus rumors circulated about the possibility Of
exports by to-morrow's steamers, but up to he
close Of business no engagements had been made.
Louisville and Nashville lost nearly per cent
on foreign Liquidation and st. Paul nearly per
cent, while smaller losses were recorded by Rock
Island. AtchsOn, Burlington, Northern Pacific
preferred and the Gould shares Baltimore and
Ohio, Denver and Rio GTande preferred were
down nearly 2 per cent In the Industras sugar
Refining, American Tobacco and Cordage
steady while Chicago Gas Disters. United
States Leather and General Electric suffered de-
clines, the last named losing over l12 per cent:
The anthracite coal shares fell with the rest OF
the list but dealings in this group were light,
and The announcement Of the Anthracite Coal
Operators Association 10 the effect that II would
enGeavor to work change in the management
OF the anthracite companies not considered
a factor in the anthracite dealings.
The Anthracite Coal Operators Association has
started a movement against the big anthracite
railroad companies for the purpose Of securing
representation in the Board Of Directors Of these
companies. in the hope that. with their practi
cal knowledge Of the mining industry the trade
may be governed as they say. a more salts
factory basis to themselves and to the stockhold-
ers Of the companies The association contends
that the present demand for coal and its advance
in price will be OF little benefit them or the
stockholders OF the companies, on account Of so
many sales having been made for future delivery
at the low prices prevailing during the summer
and they also maintain that their efforts to har-
monte trade differences among the big anthra-
cite roads have not been responded TO- and so
they request proxies from the stockholders In
order 10 accomplish their ideas by a representa-
ton In the directories of the different cOmpani MES
This association comprises ma jority of the an
thracite mining interests outside Of the big an
thracite roads. and IL claims 10 have mined 27
per cent OF the total tonnage in 1894 II a move
ment Of this kind had been started in the spring
when the coal troubles were acute. II might have
met with cordial response. Al present the
differences between the big companies have been
practically solved. and the natural conditions
which are creating big demand for coal prom
Use to Offset the losses sustained early in the
season. despite the sales made for future de-
livery at the then low prices. The movement OF
the association may have a beneficial effect upon
the arrangements Of the companies in opening
their eyes TO tire fact that their stockholders
have been put on the alert and that a repetition
Of the short-sighted policy pursued last spring
VIII not be countenanced again In view OF the
present improved condition Of the anthracite in
dustry and the efforts being made to make good
the recent losses. the chances Of success Of the
Operators Association appear rather obscure.
Closing prices Of the principal active stocks
compared with yesterdays last prices. were
follows: