New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-10-28
CLOSING PRICES or BOSTON STOCKS


Cuban war scarcs were again attempted In
Wall Street to-day but without any materiai
success, the chief factor III bringing about
lower range OF values being stn money market
and profit-taking sales on yesterdays ADVANCE
The same old silly story that arrangements were
making for war between this country and Spain
over the Cuban question scared some traders INTO
selling and kept others out OF the market giving
a general impression that the short interest was
doing some OF It's usual manoeuvrinS GET out or
IFS present position. Such rumors only serve to
emphasize the underlying strength OF the mar
ket II the element which desires to depress val
ues would effect such a result. II will certainly
have to employ a more potent agency than tele-
eraph blanks written In pencil. saying that an
extra session OF Congress Is TO he called for the
purpose Of considering a war message from the
President. There have been too many war scares
in the last ten months and the bear ruInor shop
had better get out something little more orig
inal.
Opening prices showed stronger tendency.
but they were succeeded by weakness. due to fac
tors noted above; and heavy dealings in Sugar
Refining al a rather sharp decline in price tended
to influence weakness and irregularny through
out the list. Forenoon transactions in all stocks
were on a moderately heavy volume. but in the
afternoon there was little activity. few rallies
occurring. followed however. at the close by re-
newed weakness. with final prices at about the
worst Of the day. Call money reached II per
cent although good part Oe the business
done under that figure. There were no indica-
tions of easy rates this week; indeed bankers
stated that the market would doubtless be stiff
the remainder Of the week. owing TO the dispos-
tion in all centres TO husband all resources pend
ing the election.
No gold was taken from the SubTreasury to-
day in exchange for legal tenders. and dis
patches from San Francisco reported that over
SO. 600 900 on its way from Australia. and
that il would he deposited with the Treasury
in exchange for legal-tender notes Immediately
upon arrival. Cold 10 the amount Of S12J,Vpp
was withdrawn Assay Office checks. but
this amount viii not affect Treasury holdings.
Bullion dealers doing q moderate business
in cash gold, hut the inquiry for boarding pur-
poses has fallen off to a considerable extent.
and II does not appear likely that II viii in
London market the Bank Of England. it is
said is borrowing funds on consols. while
money shows q further hardening tendency
and stock operations continue limited. cspe-
cially In Americans. which are dominated by
the political situation In the settlement on
the London Exchange to-day contanSos on
Americans were 4m4A per cent In the active
and above were made by Sugar Refining. Chi
cago Gas Rock Island. s.. Paul. Colorado Fue'
and Iron. and United States Leather preferred
Total sales we're 3O7 3.,S shares. OF which Sugar
Refining Chicago Gas ST. Paul, Burlington.
louisville and Nashville. and Reading fur
nished 2222. 2223 shares.
Closing prices for a number Of active stocks,
compared with the final figures Of yesterday.
were as follows