New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-11-21
CLOSING PRICES OF PHILADELPHIA STOCKS
CLOSING PRICES OF CHICAGO STOCKS.
Saturday. November 20-p. m.

Saturday, November up. m.
II Russell Sage will kindly continue in hest
tating frame Of mind regarding the amount OF
money ne wants for his Standard Gas stock.
the gas spectators IN the Stock Exchange viii
be deeply grateful. Gas spectators who are
making developments In the proposed city gas
consolidation deal desire the backing and nll-
ing" to continue for an indefinite period, at
least. until the current dulness In the stock
market Is succeeded by an active speculative
movement. Mr.. Sage asks more for MS STOCK
than the promoters Of the deal are apparently
willing to give. and, as he 10 a fnancier who
believes in making profitable bargains. II does
not seem likely that the deal will become an
accomplished fact for considerable time to
come.
Mr. Sage Is an eminent fnancier. wall street
traders are we'll UP In the art OF developing
deals Several times they have had the Con-
solldated Gas Company and the Standard Gas
Company satisfactorily Joined to the comoina-
ton OF Equitable Gas Company and the East
River Gas Company. but In some way or an
other bitches" have occurred by which the
whole transaction has been forced back to It's
initial stages. Incidentally the market valueS
OF the Gas companies chiefly the Consolidated
Gas Company. have nuctuateo o.et ,s mrns
range on the Stock Exchange. taking the Issues
out Of the conservative investment class ana
creating a suspicion that the future market TOT
gas shares Will be little else than game OF
hind mans bluff Consolidated Gas and Metro
politan Street Railway were the only stocks
which made important price changes to-day
both advancing per cent on traders opera.
lions Elsewhere In the active list small de-
clines were generally made on realizing SAFES
and new ventures by the shorts Traders De.
lieve that the Metropolitan Street Railway VIII
be we'll looked after by the Tammany adminis,
tration, hence It's net gain for the week OF
points. 80,
Market operations to-day were intensely QUIZ
There was no indication Of good buying, ana.
beyond the stocks already mentioned. and sugar
Refining. Burlington. st. Paul and Peoples Gas
transactions were insignificant. Total sales IN
all stocks amounted to less than 66VoO shares:
Compared with a week ago. most issues closed
higher The weekly bank statement showed an
Increase IN cash OF $3.50. 500. an increase in
loans OF S4S53 200. and an increase In surplus
reserve OF 81 GA. 100. The large financial opera
lions in connection with the Union Paclnc puI-
chase make a satisfactory analysis or the nanH
statement impossible. The foreign trade state
ment for the week shows the largest wheat eN-
ports for any week this year and probably the
exports were larger than any week In the ms
tory Of the country Against the heavy increase
In exports is a decrease in imports for the week
Of Sj52tOO0 The trade balance In FAVOR y.
this country for the last three months amounts
10 an agSregate of S151OOO.OOO. but. OWING 10
the low money rates here and the higher u's
counts in London the sterling exchange mar
lot docs not reflect the actual trade situation.
balances due here arc lending In Europe
Prices for the last sales OF the principal active
stocks to-day. compared with the final figures
OF yesterday. were as follows: