New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-03-31
CLOSING PRICES OF CHICAGO STOCKS.
Tuesdav. March 3O-p. m.

II
Various factors in the railroad situation I'M
Pressed the Stock Exchange community favora-
BY to-day. and a. a result. the prices OF securl-
ties were advanced throughout the list but
few exceptions being recorded Despite the re-
cent heavy operations for short account am
predictions IN some quarters that the decline
had not run its course. a certain degree OF eau
ton by short sellers was observed to-day. and
fuller apprccist Of the dangers involved III
continuous operat ons on the short side or the
msrke; in a period OF trade revival appeared IN
decided c)yering movement in the majority OF
stocks Tho fact that railroad managers are
not rushing lrto reckless rate wars as result
O. ire recent traftic decision by the Supreme
Court is now recognized by operators in stocks
whila tn refusal q important holders Of stocks
snl Of investors in general 10 be frightened
into LIQUIDATION is az influence OF great force in
opening lie eyes o. many professional traders
70 tire fact that the public has vast amount
O. confidence in the value OF holding its securi-
tea The Introduction Of a Pooling bill in Con-
grsss and the decision Of the Joint Traffic AS
socatlon's lawyers 10 join with the United
States Acknowledgement in efforts TO get as
early hearing as practicable Of the JOINT Iral-
ac case helped stock market prices lo"aIo d
higher level and the improved quotations Hoiii
London increased the general upward tendency.
Aroitrage houses were moderate buyers oI
ttocks m this market and besides the piOAeS-
soma buying 10 cover short contracts theF :
Vas considerable good buying induced d. tne
s'uactive prices Al which high-grade secu1-
Yes could be picked up Jersey Central al d
hsi .oss % ~ per cent. furnished the only I'M
l0'lant exception among active STOCKS the seIi
H.s IL X being Of a professional character anu
pparertly based upon the near approach OF the
'Dmpanys dividend period. when, II is reporleu
reduction in the rate viii be made Inc net
pans IN the raiiway list were generally apoNe
!. per cent in the most active stocks. American
1ooacco broke about per cent from us hlsheSI
p1ce on the report that the tobacco compahles
| a4e decided l. abandon trade agreements III
Snsequence O: the Supreme Court antitrust de-
.sion. Among railroad reports received TO-DAY
NAT ~ the Erie company for February sho"eu
.OleWorthy conditions It's gross earnings IN
asasng SZb,tJ0 and net earnings Sloo"I over
1e same month last year. Foreign exchAbe0
.<tes we're trite hrner. There is very niue
sohs IN e{tner the exchange or money markets
sno conditions remain practically unchanged
aoM those prevailing for . long time. marked
@cfsase IN customs receipts. three-quarters OF
ssH4cA we're from direct imports, MADE TO-
~ ara II imports continue this rate some
SHAhse may De noted IN the foreign exchange
.tt-fHet although the continued increase In mer-
...ahfise exports, with expected continuance
y foreign buying Of securities. should prevent
.y marked advance in sterling Exports Of
.eIchan ise from this port for the week ending
sTcIay gave an Increase over last week OF about
.'"ND'. and over the same week year ago
~ increase Of more than SlO0.OOO
.FF2ces for last sales OF the prir.srrt active
.,ocks, compared with the final figures OF yes
"'usy. were follows.