New-York tribune., 1896-01-25
RICEs OF CHICAGO STOCKS.
ON THE STOCK EXCHANGE.

Friday, January z4-f. M
Foreign and local shorts covered to-day. caus-
ing highe: prices in all the active shares Ihe
market is becoming hardened TO war scares and
the varying dark and bright spots In the ptiit-
cal outlook at home and abroad nave only
temporary effect upon values. Large holders
OF stoc,s are no, selling out on the daily re-
ports from the rumor shops and their interest
in the market is confined to watching the course
OF prices and picking Dip bargains as oppor-
tunity offers. There Is fair demand for good
investment bonds but there Is little disposition
among holders to SELL and 1t Is to be noted tnat
the bond market has been uniformly strong for
a considerable time To-day's trading in stocks
was wholly prof ,ssional. The speculative SEN
timent was decidedly bullish. several factors
contributing to the more cheerful feeling. The
foreign markets were stronger; no gold was
taken for export: reports were again current
that syndicate was forming to underwrite the
new Government loan, and the disposition OF
the anthracite coal roads to reach harmonious
agreement had favorable effect upon wall
Street temperament. The foreign exchange mar
ket indications do not encourage the belief that
there will be any more heavy exports OF goId
his month, and the subsistence OF ACTIVITY III
gold and legal tenders. with the virtual pass
ing Of the premium. is accepted as PROOF tha'
the greater part Ol tnt iu'iuS i''i"'' '''
scriptions to the Government loan has been
withdrawn from circulation considerable OF
the metal Is yet expected from Europe. ana TO-
day's cable advices said that gold for export
here had been withdrawn from the Bank OF
England The Deutsche Bank. OF Germany,
through it's agent in this country. has as yet put
in no bid for any Of the bonds. but those who
are best Informed upon the situation believe
that this institution will be among the bidders.
either individually as member or the syn
dicate, now reported forming.
Transactions In stocks were about on par
with those OF yesterday but closing prices were
decidedly better Activity was confined TO Amer
ican Tobacco, Sugar Refining and st. Paul
Other issues In which dealings were above 1000
ton, General Electric Louisville and Nashville.
Manhattan. Reading. Western Union and Wheel
ing and Lake Erie. Sugar Refining Jersey Cen
trail, Chicago Gas, the Grangers LOUISVILLE ana
Nashville. Manhattan. Southern Railway and
United States Leather preferred all gained over
transactions gained per cent. the election OF An
able man to the presidency Of the company con-
tributing to a better feeling on the stock The
company will undoubtedly enjoy more friendly
relations with other roads In the future and
especially with the Southern Railway. ST. Paurs
earnings for the third week in January. reported
to-day showed in ,rease Of s93,606 over the
corresponding week last year. making the in
crease since July / $3,539294 All the roads re-
norting to-day for the third week in January
show Improvement with the exception Of Texas
and Pacific Long Island and International and
Great Northern. The Wabash increased $15241.
an increase Of $794 1858 since July !. and the Rio
since July ].
Closing prices of the chief active stocks. COM
JARED with their last prices Yesterday were as
follows