New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-11-01

CLOSING PRICES OF CHICAGO STOCKS.
ON THE STOCK EXCHANGE.

Thursday. october SIP. m.
There was more strength In stocks to-day. al
though liquidation In some shares was continued
on moderate scale Despite European selling
liquidation In the mining shares abroad. with the
uneaslness felt there over possible political
plications between the Powers there was bet
ter feeling among traders here. and many stocks
scored net gains. There considerable cover
ing OF shorts and some support from heavy Stock
Exchange interests, but the buying from this
quarter was not large enough 10 bring about
substantial rally in prices. The general belief is
that the liquidation OF the last two days Is abou:
over London was persistent seller OF the IN
ternatonal favorites, Louisville and Nashville
suffering the only heavy loss from this cause. and
in fact net loss of li2 per cent In this stock was
the only material decline among the active shares
Gains Of ! per cent and over scored by some
OF the Industrial shares but the Improvement
was not held up 10 the close and last prices for
the stocks which advanced were generally at only
fractional gains. although General Electric gained
ia per cent. The heaviest trading was in Sugar
Refining, which closed at a slight advance. while
St Paul, which was second In point OF activity
closed at a fractional loss The Granger shares.
al a rule, closed above their opening prices. The
anthracite group wa lower. Re aiding and Jersey
Central suffering actional net declines. Mis-
sour Pacific and Missouri. Kansas and Texas
al net advances. Foreign exchange was strong
and not ma terially changed in general conditions
To-day excepted, cotton has advanced all the
week There are few cotton bills in the market,
and a further bull movement In cotton will help
to restrict the movement Of the product, which
will consequently tend to strengthen exchange
Rates are only slightly under the gold-shpping
point and exports Of the metal may be made az
a near da.e.
The influence Of gold export movement upon
sentiment. as we'll as upon values. Is not pleas
ant subject TO discuss but the probability OF
outward movement OF gold during the winter as
fOreshadowed by the condition Of the exchange
market at present makes II question not to
be passed by. II the National Treasury were in
a position where receipts exceeded expendi tures
a drain upon the gold reserve would not be
looked upon with such uneas.ness. and even II
the existing revenue law held out any promise
OF Welding sufficient revenue the effect OF gold
shipments NIGH, be Of less concern: but the
operations OF that law so far In its history, do
not permit favorable View to be taken OF It's
operations in months to come. To be sure, re-
ceipts have increased. and in the internal
item. receipts for the month closed to-day
show an increase. and the tax on spirits is nearer
the estimated producf.veness than In any month
this year. This Increase. however. Is not sufficient
to make receipts equal expenditures, the excess Of
expenditures for October being Sc. 100. 600
for the fiscal year to date. sl6.O449l; and since
January !. more than S37. 600 Internal rev.
enue receipts increased more than S.69o,OO0 In
October. Customs receipts decreased S26l, 594 and
receipts from miscellaneous sources increased
S506.670. making the total receipts for the month
slightly above those in September which
S2155O 600. Disbursements in October have ag
gregated $3i 062 900 against f24959000 In Septem-
her. Compared with October last year receipts
show Increase Of over Sc 100000 and expendl-
lures an increase Of over $2OOO.OoO. Large inter
est payments in October increased the expendi-
trres. but even with interest payments deducted
the excess Of expenditures over receipts aggre-