New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-06-19
CLOSING PRICE, OF CHICAGO srocKs.
CLOSING PRICES or rIliLADnLpn:A Stocks.
THURSDAY. June lS--p. m.

The integrity OF The currency VIII be main
tanned and tariff suficien: - meet Govern
mcnt expenses and TO afford p measure Of pro-
lection 10 homo industry Will follow. II is ana
has been the settled purpose o: the Republi m
party 10 maintain gold payments. and the party
will continue in its efforts = be the guardian u
the peoples interests on the mOrey ana all other
questions affecting the welfare and prosperity
Of the Nation. Wall Street is beginning 20 feel
as though &, hal found the fountain OF youth.
4 potent elixir o: lie has run its course through
the great arteries and veins of the financial
community. the effect OF which WIN not pass
of IN a day a month or year; indeed, the
springtime Of hope has come to the Street and
just at present no one believes that such thing
as cloud viii ever darker the community again.
At least brokers market letters tell this story.
And why should brokers not feel charged with
good spirits and joy? They are not m!sreprc-
senting the feeling in the Street actual con-
d!tions. and though they may add few
tistlc touches to their letters In the excess Of
their ioy they certainly justified In saying
what they gay and doing what they DO. They al
wise their customers that the present is a good
time TO buy ana they tell them why. Their ar
guments are based or facts and prospects which
seem absolutely sure and certain. If there was
a prospect Of Senator Teller. Senator Tillman, or
even Grover Cleveland being the next President
OF the United states then brokers would err in
advising their clients to come into the market,
and # they then wrote rosy letters, they would
have TO be branded as prcvartcators ana raise
prophets.
This cxubcrance was not dispolled to-day de-
spite "a weak opening in the security market,
where fist prices ruled In most shares IRON a
to Is per cent below last nights closing. So!ne-
thing appeared to trouble London. as prices
came lower from there and considerable selling
far
Financial News" The Globe and other Lon
don papers were not pleased al the IrOspect Oh
a protective tariff over here. and their opinions
were given as reason for selling Emtr!cdhS'
bur as a matter Of fact extensive rea!iZotions
caused lower prices and no; any fear ever "A pro,
tective tariff II our Industries are Ifotec''u
securities VIII be the oest purchaer 'he ITa
eigners can make II protection her. means mis-
fortune to the commerce of Great BIltalh as
The Globe" says this morning theh the p.''o.'s
would better sell out al tner home Stocks ani
take only "Americans." the platform duoptcr
to-day was sound for sound money, ana there
was nothing In II regarding the attitude OF ',ie
Republican party OF foreign relations 10 man,
foreigners uneasy. These two Iactois nn1"'a
make Europe buy American securities, ana q
protective tariff will make these sec uiltes al
the more desirable. London should not pay any
attention to the interview given to,day :" ca a
New-York Stock Exchange bear who Is now so
Journng in that city. This bear believes, ne
said, that !; IL 20 be the fate Of the Uni'"d
States to have It's currency pass upon q SILVER
basis" This bear must be very short OF Ftoc"s
He will have hard work In making MS woIo
good. Prices here followed the lead Of LONDON.
rejecting local realizing. ard In few active
shares such as AtchisOn Hooking valley, chi
cago Gas the Changers. General Electric, Louis
vile and Nashville and Tennessee Coal net de-
cnes reached per cent and above. There was
a rally following the adoption OF the platform at
ST. Louis. but last prices for the majority OF
shares were at net declines Local and foreign
profit taking sales were the sole causes OF the
declines. Buying ON anticipation and selling on