New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-05-28
CLOSING PRICES OF CHICAGO STOCKS.
Wednesday. May PIP. m.

Last SATURDAY. in the two hours OF business.
total stock transactions amounted TO more than
So 900 shares. while to-day total sales were only
GA 800 shares. placing the day among the dulles.
on record on the Stock Exchange. Continued
weakness in money rates furnishing additional
reason for gold exports helped TO create an uh-
favorable sentiment in Stock Exchange crcI"s'
and prices for the majority OF stocks showed he'
losses which, however were generally sHlaIi
fractions and not induced by any liquidation.
Call money went as low az ~ per cent to-day
and commercial paper rates declined TO 4Gi1s per
cent for three months paper and ago Tor FOUR
and six months. the demand Tor accohmoua'io"
showing no material improvement and the gen
eral money market affording abundant cause Tor
discomfort among lenders. Sterling loans made
for bond-subscription purposes are now maturing
and in connection with the gold exports II Is well
~ observe that for short time loans better rates
can be obtained In Berlin and Frankfort than IN
this city The inactivity in trade az compared
with the small boom this time last year ana the
increased flow Of money from the interior are FAC
tors contributing 10 TIE unsatisfactory cohditoh
OF the money market. and these find refiectlon IN
the gold exports, which this week are running
considerably larger than last Nlthura wa's W
dav for export amounted TO S1.25OOOO for Ger
many. ao, o,,,os,
Actual trading in stocks was confined almost
stocks The Granger shares were again ut-
pressed losing fractionally. and the 1aVoraDie
returns Of various railway companies ior the
third week in May had no effect upon prices
while the ST. Paul statement for April was con-
strued as disappointing. The statement was
really good one but traders were disposed 10 De
disappointed because net earnings were con-
eldeiably lower than some other months, the net
increase being $4,000. Gross earnings Increased
S3l2 407 while an increase In operating expenses
indicated the wise and conservative policy or the
company In devoting large part OF earnings 10
improvements and betterments. In an ordinary
market the good crop outlook and the bright
prospects OF the Granger roads would be rejected
in a higher range Of values, and the forthcoming
report of the Chicago and Northwestern should
have some effect upon It's stock. This companys
report will be submitted at the annual meeting
next week and II is expected TO show an Increase
in net earnings over the preceding year OF more
than S5000,0O0. Along the greater part or the
Northwestern's territory the crop outlook IL me.
and present indications point TO a larger spring
wheat Weld thar last. Good crop reports de-
pressed the wheat market to-day, and the clos
ing was 1kQ1h below last night. "Bradstreets
weekly statement Of available supplies showed
wheat stocks east Of the Rockies decreased D.
775 600 bushels last week; European stocks de-
oreas ed 032 600 bushels; worlds stocks decreased
SO7 900 bushels. United States corn stocks de-
creased 1,517, 900 bushels oats increased 3OS,OO0
bushels A.,
Closing prices to-day OF a number Of active
stocks compare with yesterdays as follows: