New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-02-27
sICES OF CHICAGO STOCKS.
ON THE STOCK EXCHANGE.

wednesday, feDTualy .t-p H.
There was a continued effort to bring about
reaction in stocks again to-day. but the success
OF the operators for a decline was small Open
ing prices for many shares were well above last
nights closing but subsequent profit taking sales
and bear efforts caused rregularity and frac-
tiona declines were generally recorded at the
close Louisville and Nashville. ST. Paul and
Denver and Rio Grande preferred showed the ef
fects OF recent foreign selling and the absence Of
any decided London support furnished ele-
nlent OF weakness Pacific Mail strong on
covering based upon the understanding that the
agreement with the Panama Railroad would be
rigidly adhered to- and Sugar Refining was up /
per cent to 1lSh. The report Of the United States
Leather Company. which about poor as
expected: had no marked influence upon Leather
stock although the short interest reduced Its
contracts 10 q certain extent and at one time
there was some strength in the stock, the last
price however. being at a net decline. Baltimore
and Ohio was the only c1nspcrously weak feat
among the active shares. The grangers WeI"
down Il per cent and the general railway list
lost from u to II per cent. Just now the interest
ing feature Of Stock Exchange transactions Is the
attention given to the bond department. Last
week the sales OF railway bonds showed an IN
crease in par value of more than 100000 over
the preceding week, and trading so far this week
indicates proportionate increase the Atchson
and Northern racine lSSueS gaming the BItuttSl
degree OF prominence. The Atch!SOn Company
earned interest on the a. in the worst time OF the
recent depression. and in the future it ought 70
earn double the interest the A. there is good
reason for the demand for them. In to-day's mar
ket sales OF Northern Pacific issues amounted 10
s94 900 and Atchison issues to $3l70O0 while there
was considerable activity in the Wabash. West
shore Reading Chesapeake and Ohio. Buring-
ton and Quincy, Louisville and Nashville. Texas
and Pacific Union Pacific, Kansas and Texas and
Southern Railway issues, and moderate demand
in many issues which have only recently sprung
into prominence. The price changes In the bond
list are given further In stocks American
Tobacco Sugar Refining, United States Leather.
81 paul Louisville and Nashville and Missouri
pacific developed the chief activity elsewhere IN
the list transactions being fairly well distributed
Stocks at their present value are IN the ma
toritv of cases below their actual merit. The
whole, ale reduction In values and the restrlc-
fion in trading during the panic year. ana az
successive intervals since then. opened weak
features in the stock list and AFFORDED an excel
icnt insight into the respective merits or the
various shares traded In on the Stock EX-
change Careful investors who strdy OUT inc
6nanciaI strength and the details or operations
~ Investment companies have had opportunities
T., The last two years 10 gain much valuable
,mformation. and these operators see large pos
.ht,,tiea in the investments which they have
hnsen The market at present. as described by
W enthusias tic trader, Is ready to start. and all
al az v,ish TO travel with II would better get
VIZ hn.rT AZ once" While the petty SPECTATORS
logic and enthusiasm are not 70 De tahen Seif