The daily morning journal and courier., 1897-06-24

tendency of prices was strongly up- ward. There were ups and downs dur ing the day, the latter on profit taking for the most part, but the close of the days trading found prices generally above last nights close. The outside interest in the market shows large iu- crease in commission houses; reported accession of orders of a speculative character following the solid invest ment buying that has been going on for some time, and which to-day's de- velopments indicate, Is still going on.
 The buying was almost wholly a re- suit of the confidence in the general outlook for business. There was little news accompanying the upward move ment of prices and therefore little to record beyond the mere changes in prices Good buying continued in Northwest, but the price of the stock moved quite narrowly affecting the price of other stocks by sympathy about as much as itself.
 The grangers were all in keen de- mand and showed a substantial gain on the day. The same was true of all western and southwestern railroad properties, where the crops promise to be abundant and bring improvement all through those sections. Sugar and Chicago Gas were both under pressure at different times during the day and held back the market. When these two stocks came into harmony with the market and moved upward, the high est prices of the day were recorded for many stocks.
 The strength in the coalers developed after noon and the movement in the group became strong and aggressive, and the dealings quite animated. The rate at which the prices rose was an indication that there is not a large quantity of these stocks except Read- ing floating in the market. Sharp ad- vances in some of the high priced in- vestment stocks were a feature, New York, Lackawanna and Western jump ing 31A on the sale of 100 shares.
 The volume of dealings was large, but Sugar, St. Paul, Chicago Gas, Bur lington, Reading and Tobacco absorb ed half the total sales. St, Paul at S0H touched the highest price since the panic of 1893. The announcement of an additional shipment of s650,000 in gold by to-morrow's steamer only affected the market for a brief time. The gains In the coalers extended to 21s for Dela- ware and Hudson, 2A for New Jersey Central, ? for Lackawanna and 1& for Reading first preferred. Susquehanna and Western lost a fraction. Tobacco jumped to 77 and reacted 1H, while the preferred stock gained @ similar amount and held it. Other gains were: Pullman ?, and Iowa Central, Lake Erie and Western, Lake Erie and Western preferred, Louisville, Bay State Gas, Illinois Steel, Lead preferred, Consolidated Ice, common and pre- ferred, gained a point or over. Colo rado Fuel lost IS Sugar moved over range of IS, but closed off on the day.
 | The bond market showed no abate- ment of the decided strength that has | characterized its operations for some time The speculation was quite broad i and material gains, were established in many lines The middle grade securi- l ties were largely dealt in and regis tered the extreme improvement which | extended to 4ta per cent. in Peoria, De- catur and Evansville firsts, Evansville | division. The aggregate sales were l $1 ,69S 900.
 | Governments were neglected at the | board, but bid quotations were slightly 1 higher.
 1 Following are the closing prices re- | ported by Prince & Whitely, bankers and brokers, 16 Broadway, New York, | and IS Center street, New Haven: