New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-09-26
c1ns1xc rn1cEs OF nosrox srocKs
Friday. Sept. 2j-p. m

The result OF growing confidence in the pollll-
.ol s,,ua,ion is becoming more pronounced in
tho eocuritv market Higher prices, larger
,,r,a or business and widening OF speculation
T., ,be etock market not only reflect improve
rnent in financial circles. but In the business
world at large and It is likely that STOCK Ndlues
will continue to reflect the change IN sentiment
and the return OF confidence for numoer u
,,eaks to come Yesterdays market was pe''ei
than that OF the day before, and to-day market
was better than either of the preceding ohe9'
indeed II was one Of the best markets IN sew
.aI n,on.hs Prices advanced with regularity
and uniformity and stocks were reau"! "'-
aanhed whenever offered Transactions were
mora evenly distributed and the inquiry from
sources other than speculative indicated an in
creasing disposition among investors 10 come
into the market. This was especially marked IN
49,. uou,ov and Government bond market.
whore transactions rose to larger proportions
Tho, IN several weeks and prices made CORE
sro,dirclv excellent showings The dominating
,neuarca in both the bond and stock market
u.oe tho confidence growing stronger every day
IN tho coming victory Of the Republican parry
A further advance in wheat the arrival OF more
gold from abroad and additional engagements
were factors which stimulated speculative APP
natite. also the expectation OF favorable bank
statement tomorrow.
,rbn sterling exchange and money markets were
unchanged and outside ~ the arrival or sf"lo-
00O gold and the engagement or more or Inc pre-
,inns metal there were no developments III 'He
financial situation. More gold was turned mo
The Sub-Treasury In exchange lot ltShl telIueIS'
nlacine the gold reserve above ZI,OoOoOo, al
though to-day's deposits did not show IN the ON
clal statement, which gave the net goId palance
q, S11o 7S4 902. Shipments OF currency 10 the IN
terior this week have been lighter. and probably
the net loss to the banks has not exceeded "
800 600 while the gold imports nave doubtiess
offset this amount. to-day receipts not lhCIudeu
,rha advance in wheat is affecting stocks faVOra-
bly as il is the result OF natural CONDITIONS al
ready reflected in the movement OF the Cereal
abroad which has made credits TOT lii's cunt
and consequently shipments Of gold from Eu-
rome The advance in wheat is not Que TO any
shortage in the crop. or to any uniaVordple r.
ports Of crop conditions Dut 10 me export u7
n,and which this wear is heavier. on account or
he failure OF the Russian and Argentina crops
The 'roor farmer" who has been listening 10
Brvan's quack theories on silver ana the price OF
produce may now see how utterly raise ana IN
sonnd they are ana how prices respond to known
economic laws. - :, o,,.~
pe6ning Burlington 81 Paul Louisville ana
Nashville. Manhattan and Reading but in all the
artiye stocks a fair amount of business was ac-
complished The advance was made despite
no foreign support the foreign markets. *
bIi,i,ing some feverishncss on account or the
hardening tendency In money ana poiilical uh-
certaintV British cOnsOls were down Hactoi'
and the market for American railway sha.es ~a .
duu and lower in this market noteworthy net
Gains were made by American Tobacco, rs PEI
cent: Sugar Refining. IL per cent: Manhattan.
49, cept. Southern Railway preferred. IA per
cant. United States Leather preferred, Iss per
cent: Metropolitan Traction. -. per cent, Mimi
sofa Iron per cent. and Michigan |ehtraL per
,.ant The advance in Manhattan was helped iy
. revival Of the old rumor Of an agreement be
tween the Manhattan and Metropoliian traction
a large short Interest IN Manna'tai
700 'cn,,ered to-day and the beginning of an ad-
vance I'm stock was due TO this movement
Closing prices FOR number of active stoehs
with the final ngures OF yesterday "e''
as follows: