New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-07-07
CLOSING PRICES OF BOSTON STOCKS.
Monday. July G-p. m.

Monday. July Up m.
London was again persistent buyer of stocks
to-day. while among the local bear operators
renewed efforts were made to demoralize the
market. The operations Of the last-named ele-
ment met no success as compared with most
days last week, the general disposition OF the
majority of traders being to do little as they
could in the market and, although the early
tendency Of prices was toward lower level an
afternoon rally impaired strength and higher
closing At the opening an attack was made
upon Sugar Refining, Chicago Gas and Rock ISL
and, all Of which yielded but subsequently
rallied The Democratic Convention. with its
free-sver and Populistic sentiments, was the
chief topic of discussion upon the Exchange. and
considerable depression Of spirits existed among
certain traders on account Of the seeming in
crease Of unsound money sentiment In this coun-
try. Many Stock Exchange traders and others
In the financial community fail to grasp the
idea held by many shrewd and able observers
including a large number OF Well-inforned Tor
eigners that the free silver boom Will end in
fizze, and they are fearful that the effects or
SO much silver agitation will cause serious
trouble. AS matter Of fact, 1t Is fortunate that
the advocates Of unsound money have brougnt
their beliefs to such position that square nght
can be made against them 1t Is fortunate that
an opportunity Is to be presented to relieve the
country Of vast amount Of ignorance concern
ing the money question, and that the superior
forces of the sound-money men throughout the
country will secure fight to finish upon this
interesting question. 1t is we'll to remark that
in the opinion of leading opponents or SOUND
money there Is more chance Of there being
free and unlimited coinage OF silver In this coun-
try than there Is of the free and unlimited coin
age of coal pig iron copper
Upward Of 10000 shares were taken for the
foreign account to-day, and the operations by
arbitrage houses constituted the chic? business
of the day, outside Of the dealings in Sugar Re-
filming and Chicago Gas. which were under the
influence of manipulation. Both of these stocks,
after their early losses closed at fractional adj
vances Covering of shorts in the afternoon
helped the entire list and the majority OF early
losses were completely recovered. In the rail-
way list Rock Island was heavy, and after
break Of over l per cent closed at slight 1rac,
tjonal net decline. st. Paul and Louisville ana
Nashville were largely dealt In for the foreign
account and others of the internationally listed
stocks received prominent attention. The mar
ket closed strong at advances among the active
shares Of " to per cent. Jersey Central was
an exception at loss OF l1s per cent. DeveIop-
ments of the day were favorable and encourage
ing Reports Of grain receipts at Chicago Tor
last week showed an increase of 1o4l.O BUSH
els over the same week year ago. NO gold was
taken for export, foreign exchange was weaker
and a number Of excellent reports or railway
earnings were published. For the fourth week
in June. of twenty-four companies reporting,
sixteen showed gains and eight Losses. LOUIS.
Vile and Nashville for the fourth week showed
a small loss but for the month an increase OF
$50 149 and for the fiscal year an increase OF
n 100 Cos Norfolk and Western increased for
The month S311 1919, and for the fiscal year ST.
O6O.O10 The June business In grain py the
Western roads showed an increase over May OF
: S47 cars an increase over June 1879 OF loooc
cara and June 1894. S,433 cars. and decrease
from June, 1893. of 1S1 cars.
Closing prices to-day OF number OF actlVc
=. DC corDare with Fridays as follows: