New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-04-09
CLOSING PRICES OF CHICAGO STOCKS.
ON THE STOCK EXCHANGE.
Wednesday, April g.


Dulness and weakness marked the course OF
stock trading to-day. Operations were wholly
professional and conducted with view to
realizing profits. some noteworthy declines be-
ing recorded toward the close OF business. In a
few stocks last prices were at slight recoveries
from the lowest Of the day. but the majority Of
the list closed without making any headway
toward a higher level. The absence Of any out
side support afforded traders an opportunity to
control the market and there was no attempt 10
regard any OF the days developments as factors
worthy Of speculative consideration. Consider
able attention was given to the course OF wheat
both here and In Chicago. on advance taxing
place In both markets. although In the afternoon
a reaction carried prices fractionally under last
nights closing 1t may be remembered that the
sudden demand for wheat about this time last
wear which carried the price from 90 TO ~ cents
was followed by a foreign demand for American
securities. and students Of the market are Keep
ing a close watch upon the movement OF "hea'
as a possible forerunner OF foreign puSihs
movement In securities. The crop reports re-
ceiyed on the Produce Exchange are extremely
20 vorable for the bull side of the wheat market
Another gold shipment was announced To-Day
but 1t passed without influence upon 'he stoon
market although some OF the assume W. paor
sion NJ the operators for a decline may nave been
on account Of It. The gold was taken from d
danosItorv bank-the National City-on trans
action similar to that OF yesterday. and whlle
neither Of these transactions had anything 10
IN with the Treasury's gold balance, tney may
in time be shown as a loss against the treasury,
II the bank decides to reimburse Itself. III uoes
not seem probable. however. that such ac,i1n
will he taken as the bank In question hoius
about SO 900 900 specie. and the attitude OF ,ne
hanks in general Is to afford as much protectio"
10 the Treasurys gold reserve as possible
The two shipments Of gold so far this Week
amounting to ST. 300 900, are understood 10 De ioi
Russia and If so the metal undouptedly "
he used in connection with the change IN tne
Russian currency similar to that made in Aus,i'a
several years ago. The present CONDITION OF 'he
sterling exchange market Is such that veg
small profit II any, can be squeezed out oi sou
exDorts and the amount so far ordered nas eVI-
dentlv brought a premium at Its destination
The money market continue easy, and the turn,
ing in by the banks of some OF the funds heiu
on bond account has caused no appreciap'S;
change in rates Foreign money Is sun onereu
in good supply, but the oei"a"o !" o'
to absorb II. ,,,. 90
There were no movements In stocks worthy OF
extended comment the greater part or the DUST
nass being done In the industrials ana rev
railway stocks chiefly Burlington. 81. Iaui'
7 o,,isviIe and Nashville. Union Pacific ana MAI
haitian The last-named stock was lrre ..tn.'s
INT strong furnishing one OF the rev exceptiohs
~ the close to the general weakness. Otner
strong features at the close were Tobacco. balti-
,nora and Ohio and General Electric sugar ne
dining lost over ] per cent on realizing saies'
and though Tobacco closed at net advance,
at one time IN the day IL was 2 PEI csn. p.'o"
lot nights closing. Strength In Mammalian d.
e. close was due to the bill introduced IN tne
fag,sa tire authorizing the lease or the Brook-
syn p,Iae nrices Of a number Of active stocks
compare with yesterdays as foho"s'