New-York tribune., 1896-10-31
, ,os,>.c rp,rrs OF BOSTON STOCKS.
Friday. October 30-p. m.

Friday October 3O-p. m.
4 better understanding Of the monetary s""a
,,on and the information that the Leading nanKs
.of the city had agreed to look out Tor 'n'
legitimate wants of the borrowing pubic over
Election Day led to better business IN sec"''-
ties to-day and a higher range OF Fa"S
throughout the stock and bond isis u "o"'"
have been better for those who boush' so'"
Yesterday to have invested In stocks A''er '"e
election Of Mr. Mckinley the point or such
remark me- he more emphatic ''oih ana cur
rencv hoalders have been unusually P'"""
nent during the week. and the banks nav ~
,a uror IN meet unusual inquiries from tnls
source but fortunately the banks are S"""'
and solid. and well protected against any IN
traordinary demand from t'mid ara ignorant
deposjiors or from any source wnateVNr' ,ts
viii he no Clearing House ceruhoa'rs IN ~ ~
~ s,r,ngency in money Of a serons natnr". NJ
the time has passed for the possioili'S oI sun
a condition Money VIII not r" easy ho"cN,i'
"a M one expects such condition. for 'he
Lno,xn factors in the situation precinhe Az pr
ant tho possibility of easy money. Ai'er III '',
election Of Mr.. Mckinley there doun''sSs W.
No . heavy demand for funds for the deVelop
oant ~ business now held in check by me cam
naign and for stock brokers requlreHsh's
u,hich will most likely he large i"S'eroaH
rata for money was more artificial thah any
-; o,sa and there was no house or lndl-
vidual of good credit TO whom accommodation
was refused. - h,,,a
Money bid for al top rates to-day was ao"nn-
Ill, orYered and though the banks did not care
Cor tho high rates at which loans were maui
n.as considered the quickest way 10 reduce 'pe
rate The larger hanks formed themselves ni'o
a syndicate and placed at the disposaI % ol ~ u,I'
Clearing House loan committee bet"eeh "''""',
OOO and S1OHOO.0W to prevent strlngeh, n,ai ,,
Lst over the election. About S2Ooo"o OF ms
!, ts understood was lent at the top rate which
nrevailed the greater part OF the day. Following
tbe bankers action-6 per cent and commission
~ u of | per cent-and "a loans mace to-na'
hold over TO Monday. the rate was equlVdieht 10
06 nor cent The influence or the hank sEhhi-
ca,e uas rehecte ed near the close or the business
dav when a trust company offered large amounts
az q per cent the closing rate The lowest rare
of the day was 80 per cent. and the hienest ""
nor cent Advances In the stock nlarkt' were
general and substantial although the volum" OF
business was limited. Sugar Rehning 'ook ,ne
iead IN point Of gain and activity. its final price
showing a net advance Of per cent The rai-
wav list WAS up 1hG3as per cent. the Iast hgure
being made by Burlington. London was a puy .
or ~ ,ts favorites and dispatches from ABROAD
Indicated an easier feeling on the l|ohnon FIX
change Chicago Gas was bought BY interests >
identified with the control OF the companies ana
made a net gain Of per cent. kegardine 'ne
nronoscd dividend on Chicago Gas II Is thoueh'
thai ~ or . per cent will be declared out or tne
surplus which has accumulated since dividenhs
ceased and that the distribution OF the res, ss OF
the surplus will be made gradually ABOUT H""',
600 gold was engaged at the Bank OF EnSiano
to-day for export TO this country
Closing prices for a number or active stochs'
compared with the final figures or yesterday
we're as follows: