New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-02-14
CLOSING PRICES OF CHICAGO STOCKS.
(.hlcnrn Eehruary l3. lSO
ON TIE STOCK EXCHANGE.
Thursday, February 30

Thursday, February Up. NJ.
Trading IN stocks was Influenced almost en-
tlrely by higher markets abroad and consider
able foreign buying Of the international favor
ties Probably the prospect for a speedy and
amicable settlement Of the Venezuelan ques-
ton was responsible for the Improvement In
the English speculative temperament. and this
encouraged local traders to increase their ac-
counts A higher level Of prices was established
in almost the whole list The calamity howl
ers were out again with gold Withdrawal
scares, but the effect upon stocks was lost as
well as upon general sentiment The business
Of turning in gold to the Treasury continued
on a moderate scale, and considerable Of the
metal was withdrawn by the spectators IN
bonds and gold, who are taking all the precious
metal they can get from the SuD-Treasury.
These Iarge-minded, patriotic individuals are
round in all communities and at present there
is a large number OF them IN Wall Street. AS
IN the big-tyI,. stories Of raid upon the Treas
iry there is no truth In them. and there Ia no
reason TO worry over the Withdrawals which
certain subscribers to the bonds and bullion
dealers are making. The Treasury VIII be
amply repenished by the bond sale. and II
more revenue can be produced there need be
no fear about the future OF the SoId reserve
The country may have TO Wall year oI 80 w.
fore IL gets more revenue. Conditions may
cou for another bond Issue before that time.
Inf even IL they do the country has the gold
and the Willingness TO give il into the Treasury
mill il is established upon frmer basis by
,vieor LEGISLATORS and a wiser revenue law
The effect Of foreign buying was pronounced
TN these shares which enjoy an international
market St Paul and Louisville ana NashVHe
heinp he most Pre- minent. The nrst-named was
,adsd I'm TO the extent Of 10000 shares. gaming
~ nor cent while Louisville and Nashville loot
81 m over 900 shares. and made "a net gam
- Oh Nor cent Transactions In American To-
,,acco were the heaviest on the list. the appar-
,n.lv favorable report of earnings making the
e,ncL attractive and causing a gain or over
.,nr cont Jersey Central was up over 3 per
r., and so was Chicago Gas, while elsewhere
49, tho active shares net advances ranged
49,, "a Ia ~ per cent. Railroad earnings re-
o,od to-day for the first week In FEBRUARY
%, oreat Improvement over the same week
,r ago Particularly good are the EXHIBITS
49, ~ Northern Pacific. Louisville and Nash
'i iiTa Cbosoueake and Ohio and Missouri. Kan
VIZ nnL Texas The Northern Pacihc Company
oreased i'm gross earnings In the hrst week IN
'nhruarv s5O047 making an increase or ~l'ooo',
,, ,"i ,, IrIv Louisville and Nashville gained
, ~ ono or an increase Of s635425 since July l;
,,,oal,e and Ohio increased S1,5a5 Tor the
~, md Missouri, Kansas and Texas soo'zos
" III In The new Government bonds was
! Iau" hoavv prices ruling at 116bM1l6A. Total
,s , s stocks were 251147 shares against 279-
,ao I,asdav The market closed strong ana
ov liz arm at the best prices Of the day.
To'Sov,s closing prices OF the principal actVe