New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-11-25
CLOSING PRICES or BOSTON STOCKS.
Wednesday. November 24-p. m.

Wednesday, November Up. m.
Stock market values made no noteworthy
progress In either direction to-day. Special
movements In several ssues. similar TO those OF
the last few days. developed comparatively wide
fluctuations on moderately large transactions;
but in the general list price changes were In
significant and trading was too narrow to ad-
nit Of extended comment. Manhattan, Metro
politan Traction. Northern Pacific preferred
Sugar Refining and Consolidated Gas continued
in the lead as marke. features. while Jersey
Central and American Spirits issues again at
tracted some attention. London bought moder-
ately Manhattan was a strong feature. advanc-
ing to 1917. but telling down to 00% at the
close. while Metropolitan Traction was weak on
proft-taking sales. Northern Pacific preferred
was irregular. with a strong undertone. and Jer-
sey Central was weak. owing to the simple fact
that the supply OF the stock was greater than
the demand After A moderately strong open
Ing the general railroad list became Irregular
with a sagging tendency, the result OF which
was fractional net losses In most Issues at the
close. Consolidated Gas sold down 81 points
on the absence or reassuring statements regard
ing the intentions of Russell Sage as to the dis
position Of his STANDARD Gas holdings. The
Street may rest assured that this well-known
fnaac,er will hold his stock until he Is con-
vinced that the profits OF the operation will
accrue to him rather than to the promoters Of
the proposed gas consolidation. 1t Is to be noted
that Mr.. Sage has limited at the possibility Of
the formation OF another syndicate to bring
about gas consolidation.
Outside OF certain stocks. In which special
movements are In progress. the general market
IL IN 4 waiting humor In the bond department
prices are well sustained. and capital Is being
nut into the low-priced issues, owing to the
small supply OF available high-priced bonds
and 10 the general belief that many OF the low
rr,ced Issues WILL at no late time, turn out safe
ana profitable investments Responsible bond
houses report a good demand for investments.
The outlook for all classes OF well-known In
,,astnsnt securities Is certainly encouraging.
a na there is no reason why values should not
gradually work higher. Persons who expect i'm
mediate increases and resumption OF dividends
'n rairoad stock should modify their views as
IN the outlook, for conservative anu souno nnah-
oS.rino 40 not admit Of making rapid increases
~. as'sdsnd distributions the heavy earnings
nf a few months only. following years OF ousi.
nas. depression. The present manaseuent VI
natiroad companies is better, more inteiiseht
. "a r,ore conservative than ever before IN the
history OF American railroaos hnu no 49,, "a
o,,ri.,es will be taken care OF on lines oicta,eu
sc w., audience and sound judgment or capable
"a efficient managers. Earnings mus, coi
,tnna GOOD for some time to come Deiore s 80,
raj increase in dividends can be expecttu; IN, ~
MILEAGE OF the Kansas City, Plttsours Gnu
stated in this column this morning II shou I
have read 623 miles, instead OF JOY 'niie' -
Ira,e,,,her a. was Increased to 6O3 miles. ,.,..
Prices for the last sales OF the principal Aesve