New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-12-25
CLOSING PRICES OF PHILA DELPHfA STOCKS
ReD1rted b. JONI II. DAVIS & Co.. No. II Wdtt-st
THURSDAY, Dec. PAP. ".


The Stock Exchange markets to-day partook largely
of holiday character, but despite all the frvolty,
hOrsepay and dsnclnaton of the younger members OF
the Board attend to the duties and responsibilities
that are supposed to apperain to all positions where
the interests of clientagc should be paramount the
markets exhibited great strength and gave promises OF
further important improvements following the holidays
The Exchange, rather its younger membcrs were III
tensly excited over the OF the Governing Com
mitee In vetong the petition OF large majority OF tho
members FOR an adjournment from tonight until 10
o'clock Monday morning. BY the bylaws the presi-
dent of the Exchange is required to call
meeting Of the Board upon the request of certain num-
Der OF members. In accordance with this provision
the call was issued and meeting was held at
p at this meeting the vote dsapproving or
the committees refusal to adjourn aud requesting re-
consideration seemed to be more than two TO one A
meeting OF the committee Immediately followed the
action OF the meeting. It was lively session.
There were present at Wednesdays meeting thirtyhye
out OF the forty members Of tho committee Exactly the
thirty-fve present to-day and the vote not
to adjourn nineteen to fifteen exactly the same as
the vote OF the committee last evening AS con-
seauence OF this action bitter feeling
has been excited which. however, probably will
not last beyond Monday morning. The Governing Com
mttee originally established aud the powers given
it conferred for the special purpose OF preventing
mob rule. Aside from the important interests involved
OF clentage which embraces the whole North Ameri'
Continent, person becoming Vi INC
stock Exchange becomes possessed OF all its privileges
with the right to exercise upon every day in tho
year excepting set down legal holidays
That being the case the unanimous vote or lO33 mei-
beers should not have power TO prevent the enjoy
ment OF his rights by the remaining member out OF
the LOO that make up the organization, and
for these reasons the members Of the commit
tee probably hereafter will stand higher in the estna
ton OF their fellow members. The origin Of the ADJOURN
ment Good Friday which is not legal holiday Is not
understood by many Of the present members OF the
Board and perhaps has forgotten by many OF tho
Old members. President Lincoln was shot on Thursday
evening in April 1863 preceding Good Friday on the
succeeding day Good Friday at the beginning Of the
sessions OF the stock Exchange, the Open Board OK
Brokers ANA the God Exchange, before any transac-
tons had made resolutions offered and unani-
mous,y adopted for the adjournment OF the
several institutions. From that time TO this
Il has been the custom OF the stock Exchange to adjourn
over Good Friday although there probably has not been
Good Friday since which occurred on the anniversary
Of the death OF President ucon Ii Is more than prob
able that tho todays excitement upon the SUD-
ect OF adjournment Will settle the question lot INC
future that the responsibility o; the stock EXCHANGE 10
the general public fObds its adjournment upon any dy
OF the other than a legal holiday. o,,o o,
The transactions in stocks amounted 10 only Z4f,OZl
shares and OF that four stocks cohtrDutea i-9,oOV
The tendency or the market was stcady tWaru
higher figures subject only 70 ordinary nhctlatlOhs,
and general that 1t Is only necessary
refer to single exception. Missouri Kansas ana
TEXTS, which contributed $4,000 shares to the days
total early advance nom 81 to 81 - and then
RAPIDLY declined 3Ols; the subsequent fluctuations
were within a range OF q per cent and the nnal price
was 3O3s The hand OF manipulation III TINS STOCK IS
much mar. clearly al scernblr than the spots the
sun and IL he directed toward its purchase ~
the lowest obtain ibc figures. The ma ket Sehrrdny
closed strong with the exhibition OF confident tone
for the b y higher and for the Is Z lower Annexed
are the closing quotations.