New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-06-16
.os1rc PRICES oE BOSTON STOCKS
Tuesday, June 1o-p. m.


The present demand for railroad mortgages
represents the placement Of large amounts OF
capital that have long been idle. and the fact
that people who afford to conduct large
financial operations In the securities markets are
beginning to use their money stimulates small
investors to put their funds into the attractive
railroad mortgages and shares dealt in on the
Stock Exchange. The long sustained advance
in prices has encouraged the investment COM
munity to enter actively into security opera
tons and small operators and commission
house clients Of limited means have engaged in
the market with the fullest confidence OF hand
some returns The business in fractional lots
shows a noteworthy increase and In some high
priced stocks, which a rule are not frequently
dealt In the investment demand shows Itself.
as instanced in the dealings In such shares as
Lake Shore and Pullman Palace Car to-day. In
to-days market there were considerable ir-
regularity and numerous profttaking sales.
and efforts at reactions. but the undertone re-
NAMED strong and sales made were readily
absorbed. The bond market presented general
advances on operations extending a wide
range OF issues. and maintained the same high
character Of dealings which has been pro-
nounced throughout the current upward move
ment.
Early prices were strong and advancing on
purchases for the foreign account. but subse-
nuent profit sales, which in some
heavy gave small net losses at the close In the
ma iority OF active stocks. In the unlisted de-
nortment there was again unusual activity In
rrooklyn Rapid Transit. which gained ! per
cent ard in the D per cent bonds OF the com
many there were also moderately large dealings
With ne. advance Of per cent. Buying OF the
securities of this company was easily traceable
10 the influence OF inside interests. The local
gas stocks remained strong, and a NUMBER or
low-priced shares developed strength despite
numerous reactions elsewhere IN me market. ne
Granger shares, Rock Island excepted, made
small fractional net gains A small amount OF
gold was taken for shipment to-day. and the Tor
eien exchange market was trliie nrner. OWING
TO a smaller offering Of bills. Regarding the nut
ure Of the exchange market the May statement
OF foreign commerce issued TO-DAY ~ ts % ms me
A decrease in the volume Of merchandise I'M
norts 60 shown by an excess OF imports over ex-
ports in value Of only 81 5j93i3 against all ex-
cess in April of $23579 431. Az the same time'
tho statement showed a rapid Increase IN mer-
chandse exports. and this was made more en-
FOR the week ending to-day. which exhibited an
increase In value of 81 .962.9SJ over the preced-
ing week For May exports or merchanulse
amounted 10 81, 1852. 4Si against S66,5GS 26;' as
compared with May 1896 and as compared WIN
tho preceding month this year, showed sllght
increase OF the abnormal imports In April ana
Nav amounting in value to SlS06Zb3on. tne
Treasury received duties on only s93oJoooo, the
rest representing goods entered free or customs
dues For the eleven months OF the fiscal year
exnorts exceeded those In the same time last
year by over SlG2 600 600 The gold movement
in May showed exports OF So3bO,'ll' against
SO 1885 In May a year ago.
Prices for the last sales OF the principal actVe
Stecks to-day compared with the final ngures
of Yesterday were as follows: