New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-03-27
CLOSING PRICES OF CHICAGO STOCKS.
ON THE STOCK EXCHANGE.

Outside Of a few speculative favortes there
was no movement in stocks in which trans
actions reached any large total. Some sort OF
spring tonic is needed on the Stock Exchange for
WEAKNESS and dulness. said to be spring COM
plants are most conspicuous in the market,
which for or two weeks are In state border
ing on absolute stagnation. 1t has now reached
q stage where neither good nor bad developments
have any particular influence upon It, Frac-
tional variations are in values with few sales
here and there, make up the days business. and
the same explanation OF the market may serve
for one day as well as for another The money
and foreign exchange markets are rather sensi-
tive and II will take only slight change in
the conditions which govern them to shake up the
stock market. and II so any aggressive action or
manipulation on the part OF effective leaders
would doubtless be successful Gold export talk
was increased to-day on account OF the action OF
the Treasury Department In advancing the
premium on gold bars from Lie TO SIG Of per
cent presumably for the purpose Of raising the
price at which gold be exported at profit
and to meet the action Of the Bank OF England.
which has raised the purchasing price Of Aneri-
can gold bars at 77s. 10d. The advance In Lon
don in effect reduces the rate OF exchange at
which gold can be shipped from here and be-
fore the bar price was raised here gold bars
could be shipped at a slight proht Gold CON-
however on account of its loss from abrasion
in circulation could not be exported al a profit
at current ra tes and the advance In the premium
on bars prevents exports at prevailing quota
tions. Despite the hardening tendency In for
eign exchange. II does not seem probable That
gold exports Will become general for the demand
from rem1ttees is not large, and II IL more than
likely that when rates reach the specie point
stiff money market Will cause reaction In eX-
change. Actual rates for demand sterling to-day
were 48SAQ4.SS1z. There was a runOr that the
Treasury would make another call upon the de-
pository banks for a payment Of some Of the
money held bond account, In order TO
strengthen the call money market. but up TO the
close OF business no such order had been received.
Business in stocks amounted to "A few thousand
more shares than yesterday. with the chief trad
ing In American Tobacco, Sugar Refining. Chicago
Gas, Burlington, st. Paul. General Electric and
Louisville and Nashville. The course OF prices
was irregular with an equal distribution Of small
losses and gains al the close. Susquehanna ana
Western broke per cent On rumors about April
interest payments. but subsequently recovered
part Of the loss. the preferred closing at net
loss of IL per cents and the common at loss OK
/ per cent. According TO the best information OBJ
taina BILE the money is In hand TO meet the April
Colorado Fuel and Iron and Consol-
dated Gas were conspicuousy strong on small
purchases and other strong features among the
active shares were Chicago Gas, American To-
eco the Granger shares, Distilng and Cat
tie Feeding Erie and Manhattan. A small
amount Of foreign buying In the morning was
offset by selling in the afternoon. The close was
dull and Irregular.
Closing prices CT number OF active stocks
compare with yesterdays as follows