New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-03-20
PRICES OF CHICAGO STOCKS.
on THE STOCK EXCHANGE.

Thursday, March lS-p. IN
r,a,,er London quotations and a small amount
~ foreign buying had no appreciate influence
upon the stock market. winch ie'"''i'e
narrow and irregular. There was nothihg Out
snoor,.+,ve trading. and even such transactions
showed falling of in volume. the 'ota' gay
h,.c,nees representing only 17O.47l shares. There
is little disposition TO trade IN 'he "'arhe'' a.
resent and the uncertainty Of the mercantile
r,.,,o,,or ar,eing from the recent failures
csuses extreme carefuness on the part OF ope-
r..ors who are also Influenced by the caution
o,aar,ed nv the banks In buying commercial
norer The condition OF the commercial paper
,oar,,a. e exerting something OF depressing
ooect unon speculative sentiment, and the mis-
fortunes IN the mercantile community are increas-
ing the discrimination on the part or the Dahhs
against credits in general. People who are un-
willing to see continue to blame trade depres-
sion 10 the war. spirit In Congress. but ac'uai
conditions reflect the influence or the present
tariff law and the refusal Of Popusts ana silver
cranks to pass remedial Legislation. "ooiie"
mills are not falling and shutting IOWA peca"sS
OF tho Venezuelan message. the CUBAN resoiu-
+,ons and the desire Of the Committee on Naval
Affairs TO increase the strength OF the Navy.
The narrow demand for goods and the decreased
purchasing power OF the people are not the re-
tine for sensible men to realize the reai cause
OF all trade depression. AS congress mas pen
unable to bring about any legislation when
would improve general business 1t would be
better for trade II an adjournment were taken,
Int even an adjournment will not remove the
uncertainties of the situation. despite the fact
that enemies Of prosperity blame all the mis-
fortunes 10 the international discussions rather
than to the home trade-destroying tarln Inc
Intelligent element In Wall street taVors pIotec-
ton as the remedy for trade failures and trade
depression. 49, .on..
The dulness In stocks prevails at the expense
~ values The range OF prices Is not lowered by
large figures however. but ii remains weak and
ga eang The absence OF liquidation prevents
any heavy falling of In values. and II ID not
likely that the market will suner to any great
eytent for holders OF stocks are too conndent or
The future TO be frightened over present condi-
tons and the efforts OF the operators for declines
are not attaining any marked degree OF success.
To-day's trading was devoid OF feature OUTSIDE
~ the Industrial shares, St Paul. Burlington.
Tau,sv,Ile and Nashville and Tennessee Coal and
ron very little was doing. and In these shares
trading consisted almost wholly or room traders
transactions the exceptions being the arpitrage
huvine in ST Paul and louisville and NASHVILLE
American Tobacco, st. Paul and United states
leather preferred closed at fractional gains put
a,sewhere in the active list last prices were at
10 cf,onal losses The only feature IN the pond
dana rtment was further decline IN Northern
paciNc third coupons The third mortgage BOND.
holders re not all satisfied with the treatment OF
.ha,r holdings as prepared by the reorganization
NC. .mur ard this was reflected in a decline In the
thirds yesterday OF nearly pe' 'e" "N '' ~
day OF per cent .,,,. ..oo,,.
G,oeing prices Of a number OF active STOCKS
S re With Yesterdays as follows