New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-11-04
r-os5vG PRICBS or PHILADELPHIA SIouhS'
o. 49, "a b. JoaN H. DAVIS & CO. No II Waist


stock market at the opening to-day did not
,t,rAeet the general satisfaction that Is i'l' ~
-. Grand result of the National elechoh' ~
Tue - and tbe guarantee OF future stability was
hv boom" in prices that
go, great TO be sustained. jump ID
W If from 20 per cent between the CLOS
ms. ,.s market day and the opening OF another
10 es.ie,t 10 induce free selling movement Wv
50 realize profits. Iet to-day the reaction ir""'
4. i-,1rcs. after the first half hour OF business
V'~'.u and unimpoTtant until the ANNOUNCEMENTS
". .5,, Treasury declined % purchase a'y mus
tA" ,'' - dsp,esslng eff 'ct upon the stock
-. for the remainder OF the ua' oV0'"''
narA'' a change IN policy that might
'' money market. Against this view OF the
- may be urged that the Department at no
snuje'' ',r,fs.sed 90 bay more bonds Jhan he sur
'.-N ..o,,os warranted so that the money hr't
~ ~, ,yifbdrtwu from usual channels before
.r..,s,rv hadn't 90 eXoand. A. the NeW-1ork
~ rroasury the ordinary payments since Ia-l
-. bove exceeded the receipts bY the sum oil
qt c22 rs. Tie Treasury is not aud has no. ''ea
,,..,.I,t.rr money l It's receipts do not eNcecd
.,.,r,-,,uts If cannot purch 81 bonds. ana II IL
,-c,..s bonds IL only restores othe market FUNDS
t,..r.. had been collected from Gus, ms ana ih'
terla revenue ,.oooo
M. +g.,sacliou> I'm stocks amounted 10 3s9ooO
-,. AGAINST .SS 500 shares Monday. OneninS
r... ,,.,.su q. booming: Northwest III, II.
p,Bll07lz. Delaware, LacAaVanua and Western
7ool, Delaware and Hudson eN3t. Hinn''ai anu
: Joseph II aud pra lerret "o'+ LAKE. 0.I'i'
4r-I. NJ .Lirau Central ll0+t. Erie fo9i- Nr"-J'i-
s., g.gtral 1911 Central and Hudson I7oi 'Ll''
AID Mississippi -, Reading 30. J4i'u racine 90
U.,ba>. 4Gl2 aud preferred sock oVil' N'ssoOi l.
r...,s AID Texas 4Ola and Iron Monn-
+sia 5ca.. and all other prices mp III proportion
- no f,,f.s named there was an
.;,,, mi 1ol5I per cent. follow ed 10y firm
-,,rj,et n the decline. with the buying general
- -bar the selling. until the announcement
80 Inc Treasury purchased no bonds. A Ter tha'
t1,.',c.rlet settled of and IN a MAJ rily OF c's7S
80 .+ Rru-es lower than thos OF Monday
~, Union WAS a weak spot al day, al hough
= o,.ros m 10 per cent al 102l2: It's last price
go. OIL A. the very end Of toe day the market
,,,. ,,'ie weak b. the sales Of the early over
sangI,ne buyers . -. -.
Tle of,.rinrs Of Governments % the Treasury 10
d., amounted 10 S4OS6.5O0, rs follows: $4,000
q. 1880 at IO2 S0G1O2.96; SI3s7.50O s. 1881,
NJ 1Oj.OIa1O5 "a; and - $4,000 5S. ISL al
1O2O2D IO2.5O All oilers we're decilued, and the
DeDar;qient issued instructions TO The Assistant
Treasury at Newly Tk follows: " Ia We"
Of liz, necessity IF paying the g.. maturing Decem
Der 81 1880 called Us, IoSO, amounting .
s134l4 600 on or before that GATE, the Department
nu.t decline TO purclas any other .Aan those bonds
and the surplus accruing meanwhile VIII be applleC
onIvtotUeir payment hc cary for Govern
rent~ was strong for az issues but alter all Oilers i'
sell bonds were declined and the ID fora-meutl 'ne'
announcement wa> male prces weakened III
around. The 6 of 1851 and the . per cents how
ever ara tie ONLY issues Jhlr show hnl declines
81 a. a. .,.l tl,. = a u.r cent TIE other issue
cl... l, .a-r: Is, of 1850 s. ~ i and 4, i pe
cs,t The business at the Board, amounted Il
St-c.op Annexed ore the CLOSING que. auous;