New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-08-03
BONDS.
,ur DAYS OPERATIONS in STOCKS.

,,o Cow Of gold from Europe to America has
= It's beginning Is much earlier than was
,oooted and for that reason II is likely that
49, oecrogate Ct gold to be received will like
- Va much greater than has been counted on
rh. avnort movement of wheat and corn has
-. "a, started ard for gold TO come this way
=. .dyance Of the forwarding Of these staples Is
$3.50 remarkable. 1t Is considered not un-
III. that as much as 100000 in gold will
-, raos,ved from the other side before the year
q, over The announcement OF the engagement
=, several lots of gold for import was not an
rounced until yesterday afternoon. Its immed:'
ate effect was TO impart sharp upward move
ro.nt 10 stocks which during the day had dis
nlaved q decided degree OF strength. but nothing
approachlng the boom which followed the news
that gold was 10 come this way at once.
The feature OF the stock market from the pro-
fessional point Of view was the activity IN IN
dustrial shares. In some OF the issues the SUD
den expansion OF dealings was In pursuance OF
the plans OF manpuators Of stocks. but the
movement In the industrials as a whole was
based on a widespread Improvement in the IN
dustrial and manufacturing interests OF the
country There is no doubt that In most lines OF
Industries better times are being felt. In short.
q new wave Of prosperity seems 10 be spread
Ing over the country.
Since the destruction OF the Spanish heet al
Santiago 1t has been certain that the end OF the
war was approaching. and there has been
steady increase in Industrial activity. and now
that terms OF peace between the United States
and Spain have practically been determined
there is no longer any restraint upon the opera
tions OF the mills and factories Of the land
With the restoration OF amicable relations be
md Srai a.
can be removed from commerce. and there will
be a return TO a normal state Of affairs. 1t is
expected that as a result of the war there will
he great growth in the foreign trade OF Amer
lea
The vast amount OF money in the country
makes il comparatively easy TO extend business
operations and develop enterprises The award
OF the new Government bonds releases a great
deal Of money that was held IN anticipation OF
securing bonds by institutions and individuals
who did not participate in the allotment on &C
count Of the large size OF their subscriptions
This money will naturally seek investment or
employment in the various channels open 70 It.
AZ has been stated. the New-York City banks
hold more money than ever before In their-his-
tory and that is true Of the banks OF other lead
ing cities of the country. The great gold hold
tnes Of the United States Treasury make 1: GER
long time any trouble over the Treas ry gold
reserve such as was experienced a few years
ago.
The industrials which fgurc1 prominently in
the Stock Exchange transactions were American
Sugar. American Tobacco. American Cotton OIL.
National Lead preferred and United States Rub
Der. The trading in the Granger shares and the
stocks Of the transcontinental roads was on a
good scale.
THE DAYS OPERATIONS IN BONDS.
GOVERNMENT BONDs.-sales. $4,000 cou-
Don AZ Of 1925 at 1878. $1,000 coupon As Of 1907
at 111H, and s2O7 900 3s when issued at 1O4as
G105. Final quotations follow: