New-York tribune., 1897-08-05

,,.,. r.nye of issues. while for n number
~ stocks and bonds the highest prices III seVerai
yoars were recorded. The upward HoNehen.
49, ,,,orruntea by heavy realizing sales at
t,nes and some evidence Of feverishness was u9,
welcomed in the course OF the day, nut stocks soo
FOR profits were we'll absorbed anu aI,no"sn =. q
ara1 - eoc,ion took place before the close last
9rices were generally higher and IN some shares
substantial gains were maze Atpl.'ase nouSe ~
were again sellers. but as yes'erua; I.s 81
tions for the foreign account passed Withuut @ ei
,act unop prices or sentiment. ana nttie uisposi-
ton was shown to find out whether loIeisn sa,e'
represented pure liquidation or mercy nro
,tva onarations by arbitrage houses which were
enabled TO buy in the London market ana sen 10
advantage here. owing TO the fact that Lonuon
prices did not keep pace Win ,he iova, to ~ ahe
,noyement The present buying force III tae
s,ock market is not dependent upon forelGn az
titude or American securities. and prac,iVa. IN sn-
adherence is shown regarding the opera''oi's io'
European account , s,r,hor
Wbeat prices were again higher and further
,eayy orders for export We're executed, ana
under the stimulus provided by the certaih's Va
stin higher prices for wheat and an lncreaslns
toroign demand the shares of the western ran
roads enjoyed further gains on heavy puylhs'
ond throughout the railroad list grauuai az
probation in values was accoilp'is"tu. ,oroarad
Vanderbilt shares gave evidence OF increased
sctjyitv New-York Central advanced to la,a
INC Shore to 173. Canada Southern 10 otR
Eo,.hvcstern to 100 Omaha 10 6IS4, and Cnesa-
reokn and Ohio to 217s. Western Union was
more active and in the Industrial list sugar re re
Nning made another advance, reaching if', WINE
her
s,ocls Chicago Gas. General Electric. American
cririts and American Tobacco were eNtensNei!
aealt in at generally higher prices. The iast-
naned stock made maximum advance OF "1s
noints and net gain Of ) per cent and Con-
soli1ated Gas sold up TO 196la or oo1s points
ahove its lowest price last year. 6o points ABOVE
;,s lowest price this year and lIls points apoVe
;ts closing last Saturday. All of the Grahse'
hares sold at their highest prices since the up
yard movement began. St. Paul was pai
,,cularlv active, its movement being nelpeu u!
,he remarkably good showing made by the com
nanv for the fourth week in July. Its gross
Earnings increased 500. 1S2. as compared win
,be same week in 1896 and S13l4ll with tne
same week in 1895 making the best showing TOT
INV corresponding week in the history Oh .he
comnany Erie stocks were strong FEATURES 10
dav on the improvement shown in the COM
panv's earnings. - a - /.
sterling exchange rates were lower. ANU d.
.ho clos,a sales were made at the lowest neure a'
hich sales have been made this year. The de
o,re Yesterday and to-day precludes the Possi-
hilitv Of further gold exports this week. uli,ess
nacial transactions should take place anu ~
,jsw of the outward grain movement II ooes no'
onneor probable that higher rates VIII De re-
apr1sd again this season. The wheat engage engeo
vents for export yesterday were over l,WWW"
hushels and to-day 125 loads or 1,Ooo,ooo push-
els were taken. - ., .oo,,s
Prices for the last sales Of the principai s'ocks
,o-dav compared with the final hgures OF yes
.ordov were as follows: