New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-06-09
CLOSING PRICES OF CHICAGO STOCKS.
CLOSING PRICES OF PHILADELPHIA STOCKS
Monday. June S--p. II

Monday June S--p. H.
The enormous increase In the grain movement
last week. as shown BY the full reports from the
West to-day and various other encouraging
factors including the oversubscription In Lon
don to the bonds Of the Milwaukee Electric RAIL
way and Light Company. were entirely over
locked on the Stock Exchange. where business
opened and closed the first day OF the week I'M
changed in general features from last weeks
stupid and stagnant market The business
among the Western roads. both east and west OF
the Mississippi River was materially benefited
last week in the grain and live stock movement;
indeed the weeks movement OF grain was the
heaviest for the same period In the last three
wears the deliveries Of grain at Chicago amount
ing to $50 600 bushels. against 3o6' wv DusheIs
in the corresponding week In 1919. Z'l"'oo"
bushels In 1894 and 4. 10000 In 1893. Regarding
the unfavorable reports sent out by the hAhsas
department. Of Agriculture last week on the
wheat crop there. officers OF the Atchlsoh Co'''-
pany In Chicago. said to-day that the crop "ouid
be a large one. except In Few sec1iohs' anu
other reports said that In some other State9 'he
nrosnects for the railroads which depended upon
the winter wheat crop were not 80 encoura9"s'
The speculation and advance in the wheat mar
ket last week, based upon the poor crop report
from Kansas eliminated to-day, closing prices
being llNhc below Saturdays last quotations
Prices In the stock market drifted downward
generally at the rate OF eighths ana quarters
net for the day. but there was no pressure OF
long stock for sale and the interest was coh-
6ned principally to the Industrial shares. inc
regular quarterly dividends on Sugar RehhinB
common and preferred were declared Dut no
mention was made of the much talked-or extra
dividend and, perhaps the disappointment u
this made q net loss Of II per cent IN the stoch.
American Tobacco was marked up over psi
cant but lost at the close. while the entire ilst
suffered a general decline just before the close
of business, apparent cause being iounu ioI
ze sudden increase In weakness In the actVe
list Northern Pacific was the only STOCK 10 suier
as much as ] per cent loss. Atchison Canaua
Southern Omaha, Delaware and Hudson, Man
haitian and Pacific Mall were the few exceptions
10 tbe general weakness among the actiVe shares
al the close call by the Treasury Department
TO-DAY for the funds still held by depository
hanks on bond account had no erect upon inc
money market The amount still remaining on
denosit Is S4, 800 600 which must be PAID IN De,
fore the 10Th Of this onth but the continues ,,,
haavy receipts OF money from the interior VIII
doubtless prevent the withdrawal or the oonu
funds from making the money market any nno MOI,
attractive from the lenders point or view Eo oo
taken for export tomorrow was only slv 49, y.
THE discount rate in Berlin was raised TO-DAY 10
1x ner cent but exchange houses dlo not kno ,
1ySAfher or not the market would permit Oh DIE
exnorts TO Germany this week
EIos1ng prices to-day OF numper OF ac'Ne
storS, compare with Saturdays as follows: