New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-05-05
CLOSING PRICES OF CHICAGO STOCKS.
Tuesday Nav 4-p. m
YESTERDAY. To-day.


Business in the security market to-day
more than double that Of yesterday. while prices
showed corresponding Improvement with sub
stantial net gains throughout the list Stock
Exchange interests accepted as a favorable de-
velOpment the conclusion Of the work Of the Sen
ate Finance Committee on the Tariff bill, and the
subsequent progress Of the bill to the Senate,
while the notifications made In certain sched-
ues, particularly in the sugar schedule, appeared
TO meet general approval In Stock Exchange
circles Irrespective Of changes made in the
BILL the mere reporting Of it to the Senate is
matter Of great Importance to business men In
general. as 1t marks another step toward its
final passage. Stock Exchange traders realize
that business revival depends upon successful
tariff legislation. The progress made in the Sen
ate to-day in bringing the Tariff measure out OF
the committees hands encouraged the belief
that the end OF tariff legislation had been
brought considerably nearer. this point having
a more important bearing upon stock trading
than consideration Of the merits Of the bill in its
amended form. The sugar schedule was about
the only feature of the bill actively discussed.
and from speculative point Of view as reflected
in an advance in Sugar Refining Of over per
cent the notifications made In the amended bill
were satisfactory. Traders believe that under
the amended measure the sugar refining indus
try would have a larger degree or protection than
under the original schedule passed In the
House: and this taken In connection with the
disappearance Of the retroactive clause (Which
places the Sugar Refining Company in strong
position by reason Of the recent heavy importa-
tions of raw sugar naturally served to stimu-
late speculation in Sugar Refining stock.
Other causes also contributed to the activity
in the security market to-day. a batch Of
favorable railroad earnings for the last week and
month Of April. including an increase by st. Paul
of SO 2G3 for the fourth week had favorable in
huence upon speculative temperament. and an
easier tendency in the foreign exchange market
helped TO create a more optimistic feeling over
the gold export situation. There was some
activity among commission houses, and there
was decidedly more aggressiveness on the part
OF bull operators than has been witnessed In q
long time This especially marked in
Delaware and Hudson, in which a net gain Of
ga per cent made moderately large
transactions The only noteworthy exception
10 the general strength was in Missouri Pacific
stock and in the companys first collateral os.
The last named losing IL per cent and the stock.
after an early loss Of IL. per cent recovering at
q net loss Of X per cent. Weakness In these
eecurities was not based upon any publicly
Known adverse development. and 1t is note
,yorthv that the declines were accomplished in
the face of an increase in the roads gross earn
inos 81 S44 900 for the month OF April. In the
active railroad list gains as rule were | per
cent and above the Granger shares and the
anthracIte shares being the features Last
nr,ces were at about the best Of the day.
Prices for last sales Of the principal active
s,ocxs today. compared with the final figures or
YESTERDAY, were as follows: