New-York tribune., 1896-10-06
lu4nslNG PRcEs OF rmLADELFHA sTo-es.
Monday. October = p. m

About two-thirds OF the totai business IN me
,.r. market to-day was done in seven stocks.
and rho grea er part ~ tn trading Nas pHr-..
confessional az instanccl in frs transactions
abicb were influenced by heavy selling FOR well
knorn bea- operator. declines Of per cent ana
sbova on professional selling being mad through
on. me list som. long stock came On the ma
kar bu; vas pretty wei absorbed aFp'tr'Fr
houses being conspicuous buyers. Bear 'P'i'-
tons were possibly brought on by an a''"sru 'e''
confident feeling among the political managers
over the outlook. but the a~ual pollu'A S'I'-
ton. so far as Mr.. Mckinley proDaDie 'i''''' -
concerned IL not considered IN douoi pl '"e P'
litical managers by investors ana ''r "'''
effort II il were such 10 frigh'en on investment
stock failed ~ IT. purpose. Everything mas o''"
50 rosy OF late thai the bears are oniy 100 'i''N
IN, 70 se; hold OF ne least suspicion OF pessmlsi
from Republican headquarters. or ahyWAe'e '''''
The outlook for the bears Is not Drl2hl' anu W.
realize that self preservation demands pie"s
vigorous hammerlng Of stocks al THIS per'ou' "
takes little buying from good source 20 Seh' '''
.,,a, nm and a preat deal of selling - put IL
down as it long ago reached bottom P''0'' anu
r,r ,ba last few weeks has been distinctly strong
and moving broadening hne' ne
,his morning we're the result u bear operations
but IL effect pf me cary Nr"ni''' ~
nuentlv offset By weakness in the iorr'sn -,
change market, which advanced tae ehl''' '''
and caused early sellers TO turn buyf's. ,,,aat,
Tn, market for sterling exchange va, .aI
declining to 4.s4i2GISIa, FOR short anu & Ias5
for long the chang IN the matke' liD' do
waek's advancing tendency resultins H"' -.
cre,so ir he demand FOR remittance ana ii''i
offsrlng OF commercial bills The tinls mVney
marker exhibited q firrner tone, ana "a" 49,.
oN ir the demand for exchange might ~ " .,-
IN the greater difficulty ~ securing "'cI.
Accommodation but a potent l'huti - 90 .a,',f
vsr,. Iarga increase in the suppl or coiin
h,Ils The call on Saturdas ami to-da, lI"i'i &c
In, erio- for money mas been heavier than IA "a.
creater mart of last week, and bnIioh h"us
~enor,ed to-day a more active inquiry III ""-'
on Indication Of some movement among s"'u
nna,ders A number OF inquiries rave neFi
80 in This market FOR calls on gold for slNp
DAYS Buying by London IN the carr, s -
in stocks was apparently based upon a. =
,ac,attcn Of decline in exc hange rates, ana va
In great part speculative, a. Hair- on " -
vance i'm the afternoon denoted l-alr .'a-i'.1
carried prjces well above the !owes' OF ne Has
N,al changes giving net advances III NV 10
toritv OF active shares. Nannatt,n' ~ an az.
yrance of over per cent. was the leader III P".h'
20 n.,r the stock again being undes ne IN
euence of manipulation, while me irs ., w
electric motor on a branch lne OF lhe cm"ipaIN
halnnd attract interest TO 4. American "'a'
r.,nad IL ner cent. FtiseWhcr, amOnG me ~,
1si"e stocks net changes were fractional" -.
pa,I chicago Gas and Sugar refining We're ~ ~
yractional!v al the close. These su,' ~ WI.i'
Arnnrscan Tobacco Manhattan. Burlington
Huntsville and Nashville ana k""""s' '"'P"
the bulk of the business. ,t... s,o,.t-,
Ciosing prices fog number ~ a'tlFr sioVhs
ared with the final hgGr"s 81 ahtuiua9 WV
nc follows.