New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-09-23
CLOSING PRICES OF BOSTON STOCKS.
Tuesday. September OPP. m.


The advances in security values yesterday led
TO trading realizations to-day, and, although
there were several rallies prices closed lower
in all save a few shares. Selling by arbitrage
houses Influenced the local professional element
to sell and efforts by the bears in their opera
lions for a decline gave the market a sagging
tendency the greater part Of the day. NO de-
velopments OF local character encouraged the
general selling movement and the only FACTOR
which led arbitrage houses TO sell was the re-
port of hostile preparations in Europe over the
Turkish situation. On the LONDON Stock Ex-
change political news was disturbing and Brit
ish consols declined sharply. while the continu-
ance of gold exports from England. and the
possibility Of SITTER money market adversely
affected London speculative sentiment The
fact that the exchange market continues against
London and that more engagements in gold
were made at the Bank of England to-day. in
the probability Of hardening discount
rates there. Gable reports say that the opinion
prevails in many quarters that the Bank Of
England will make another advance in Its
minimum discount rate at the regular weekly
meeting on Thursday Exchange In Paris and
Berlin on London is lower. and sterling exchange
here was again weaker to-day, while IL was re-
ported in London that the Bank. Of France
would not only make strenuous efforts 10 stop
the flow Of gold from its vaults to this country,
but enQeaNOr 10 MAKE BOOu us iOSStS lIOil l<Oi-
don
Gold to the amount OF 81, 900 600. deposited at
the Sub-Treasury Saturday, was exchanged
to-day for legal tenders. and banking firms re-
ported further engagements of the precious
metal in London. f460 600 gold bars and f199,-
900 American eagles being sold at the Bank of
Er gland for export. American gold eagles are
selling at the Bank Of England at I6s. Sd, an
advarce from last week. Opening prices in
the stock market were at concessions from last
nights closing Liquidation in Sugar Refining
resulted in d net loss of 21s per cent and the
otLer jndustrials were weak, except United
States Leather preferred which advanced on
buvirg credited to inside interests. With the
aGvarce came rumors Of good trade reports and
n POSSIBLE dividend declaration. Reading was
a bout the only feature of the railway list IN
the morning trading, and. with Jersey central
was among the few railway stocks which maze
net gains Bullish sentiment on Reading was
created on the expectation that further at
tennis TO delay the foreclosure sale would be
defeated and at the close Of business the re-
norts from Philadelphia announced that the
sale would take place tomorrow according 10
the arranged programme. The ma)orlly OF ine
railway stocks lost i9G& per cent, Louisvllle
and Nashville and Manhattan being eHceptohs
among the active shares at larger losses Gov
err,nent bonds were a trifie stronger, ana ram
way bonds developed less weakness IMAM
stocks an improvement in demand Tor the last
named being reported by bond houses.
Closing prices for number OF acuVe s'oSNs
coupared with the final figures or yesterday
were as follows: