New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-06-13
CLOSING PRICES OF rnnApELrHIA STOCKS.
Friday. June 12.-p. m.


Col, ,v,,hdravals for export amounting 70
50 100000 were made to-day for Germany ana
France and although such heavy shipments were
unexnec,ed the stock market did not develop
any weakness on account OF them. The prevail
ing sentiment in the Street is opposed 10 being
unset because Of gold exports and the actual posi-
ton cf the exchange market and rs prospects
for the summer are not such as To encourage inc
belief that the outward movement o. soiu Io'
the rest Of the season will be extended 70 iHIs'
proportions Especially encouraging Is the OUT
look in the exchange market II II can be assuneu
TIM, Tho 81 I<o,,is Convention will make a strong
platform and OF this there seems
to be not the smallest doubt TC-day's gold with-
drawals represented special orders for the Ger
man account and for the settlement Oh balance
by a big French banking firm. While gold was De
ing taken for export a good sized foreign buying
movement was in force on the STOCK EHchahee'
and inward OF 10000 shares OF various stocks,
chiefly St Paul and Louisville and NASHVILLE
were taken for the foreign account II was the
first genuine buying for this account IN a mum
Der Of weeks. and 1t was based upon decidcIy
better feeling abroad over the OUTLOOK Ior the
success If sound-money principles here. The ad-
iournnent of Congress affected local and foreign
houses favorably, and the banking coin'hu"Isy
felt that the prospects for continuance VI 'rS
gold standard were sufficiently clear 70 adHlit "a
no doubt Stock prices reflected their views.
The volume OF business was not large, Dut ~
siderably above that OF the duh days precedihs
the furry in stocks on Wednesday. All the hlsh-
priced Investment shares showed Substantial
strength and the dealings in the railway shnfeS
we're better distributed. while the induHlila =
outside Of Sugar Refining were coinparaN-E
uuiet Total sales in Sugar Refining were less
than in ST Paul. In the last-naned storh, bur
lIngton Louisville and Nashville ana ROCK Isl,
and the business amounted 10 upward OF .,J"Vo
shares out OF d total In all stocks OF I.'"''t
shares Sugar Refining. American Tobacco
canada Southern, General Electric. North amer
an United States Rubber. Western Union anu
,Tanhattan were the only exceptions 10 the gem
a,ai strength among the active stocks at the
oi"so these last prices showing small net losses
II xviu he noticed that OF these stocks the ma
ior,.v are industrials. Atchison preferred, Pa
'c;ao Mail Kansas and Texas preferred, Colorado
FueI and Iron, Consolidated Gas, DriaWrre'
! ackawanna and Western and Denver ana Hlo
C;ran1e preferred were up per cent ana apoVc'
while elsewhere gains were high HacuViis.
7 ouIsvile and Nashville advanced per cent III
,he course OF the day. and closed at net gam
~ II nor cent its higher price resulting Doth
from foraiqn buying and from handsome IN
creas 90 In The cOmpanys earnings TOT the Hrst
week in June The gain Mas StI'@"', s.a hn.s
sn, its fscaI wear 10 date an increase OF Hl"-f'-
72s In gro.ss earnings A number OF other Bood
s,a,1ments for the first week in June were maze
to-dov including Louisville, Ncw-AIoany ana
Chicago Northern Pacific. ONO RIVER ana Ana
bama Great Southern , g ,t,
Closing prices to-day Of nuinO'r Oh ac'Ne
s,oclts compare with Yesterdays as follows: