New-York tribune., 1896-02-01
CLOSING PRICES OF PHILADELPHIA STOCKS
LOSING PRICES OF CHICAGO STOCKS
Chicago. January 81. isae
ON THE STOCK EXCHANGE.

ii'e"S' 'HHNhiS oI-p. H.
The influence OF the agreement made by the
anthracite coal presidents as to the distribution
Of business and the agreement of the sales
agents to-day as 70 prices and production was
the chief factor in stock speculation. In Read
ing stock and bonds transactions were large at
higher prices. ard If there had been more avail
able stock In the rest OF the anthracite list
there doubtless would have been far larger
totals Of sales at the close OF business. Read
ing was bought for the local and foreign nc
count. total transactions amounting 10 O1G0
shares. out Of total in all stocks of 226,74S
shares, and It's last price showed net gain OF
nearly / per cent. Jersey Central gained 3ii
per cent Susquehannn and Western preferred
ln per cent and Delaware and Hudson and
Delaware, Lackawann8 and Western fractional
advances The Stree. takes "A favorable view
Of the anthracite agreement. and Is willing to
believe that all the companies will live up TO
1t, principally because the companies which
have learned a lesson severe in the
last two years have had the assistance OF an
able financier. whose influence will undoubtedly
continue 10 dominate anthracite affairs. There
was good buying in General Electric. SOuth.rn
Railway, Tennessee Coal and Iron and Manhat-
tan. presumably on account Of suggestions made
by those in a position TO know Of the affairs
Of and possible Developments in the companies.
Southern Railway bought for the foreign
account and gained over per cent, while tho
other stocks just mentioned made correspond
ing advances The Changers were strong, and
in fact, the whole railway list. with the eXcep-
ton Of several minor and inactive stocks closed
above yesterdays last prices Sugar Refining
sold for profits closing trhe under it's
opening and the rest Of the Industrial list
General Electric. Chicago Gas and National
Lead excepted. irregular and inclined 10
weakness. slight furry was caused u money
rates this afternoon by the calling OF loans by
some foreign banking houses preparatory, uer
haps to bidding for Government bonds but At
the close rates fell again going as low as 2i5
per cent the general average for The day being
per cent Speculation to the price The
banking community will bid for the bonds con-
tending purchasers. and there is little nforma-
ton to be had concerning the intentions of the
NewYork bankers regarding their subs rip
tions TO the loan. Probably a.day OF 50 before
the time for, opening bids some concerted
action will be taken by the large banking in
stitutions and II is likely that the bid price
will be between 10S and ll2. No gold was taken
for export to Europe. The demand for remit
tance is light and present exchange rates afford
20 profit In sending gold. Gold To the amount
Of $500 900 was laken for South America. how
ever According to tO-day's Treasury state
n,ent the excess Of expenditures over receipts
for the month Is s3459lG3. and the actual cash
balance in the Treasury is slSo,O2l, ,329. including
$50 lO9 6l3 net gold
CIosing prices Of the chief active stocks COM
pared with their last prices yesterday. w're as
follows: