New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-10-03
sll7,o37 , 900 s44, 100000


Well. A. Bclmont & Co. to-day early erue err %
from the Assay Office another S5OOOVu e r,aI,'
for shipmentS by to-day'S outgoing sleanpio, 80
inc a total of 81 900, 900. We will n1 sly tnd u
The whole operation is Legitimate, sliDsiS ~
il is perfectly legitimate for any one,tio ~ :, 80
in Newly ork and ship IL back to Retn,uls ~ 49,
ohooSo 70 do so 10 affect the Nev-l ork market
price of coal There is no law III ;rn ~
prevent any one from making fpl'iaD r;o ~ .
a certain loss until the denvfrleS 70 e. ~ nnacv
point justifying an inquiry IN n couiV nnn oo% 81
roday's steamers take TO EH~sc S,oIonCo on
gold bars which at 81 81 fe Sisn1 eo,n,77is
tails certain less Of S2,00G Plus the CONN, M
Md for the operation snd ~ Belmont Co.
are not doing business LOT morning. INC IN
traordinary and exceptional NOV elhehU rehi. t
nn of tho time a lew years ago, when the
Te Oa orerotnr in socks imported some $4,000
Goo nS II 900 600 III gold at loss of about
$4,000 The prcTqmS paid on the import would
have 6 6sf1 % of he bidding up Of prices in
Gnanced tbe market ! per cent. SO now. II the
i"ss of $4,000 or $4,000 on the export OF
81 900 900 god affected the stock market TO the
exicnt of j per cent. so that at the decline
shorts could he purchased 10 close accounts the
investment would be paying one. But 10 seems
now as IL did when gold was imported at a
loss that the prices of stocks are affected only
nv the Operations Of the gold movers. Then
the imubrter bid prices up 1-2 per cent on the an
nouncehent of gOli shipments from London, and
again did so when the gold arrived, only IN each
instaace TO find himself loaded with more stock
ON s. naturally declining market. 1t is hardly
necessary TO remark that the unfortunate bulP
and importer OF goW IN lne ptrIou rclerrou 10 was
a brainy" man. while the exporter OF gold of to-
day is loud talller a swinger of arms ana de.
,unciatOr of any one who dares to buy snare OF
stock in country that is doomed to eternal dam
nation ,
The New-York Sub-1reasury to-day was debtor
ot the Clearing House 81, GA 966, which reflects
in part the payment of October interest, ana yes
tOrdav's bond purchases; ffIt the receipt OF
81 900, 600 for gold taken from the Assay once
for export reduced its net loss TO the banks 10
81 ,oOs.15s. The fears of borrowers and the
ShyloclIs in money in the early hours WORKED 10
gether to hold money on call at about per cent
but after regular money hour, o'clock, the sup
ply was abundant at legal rates and at the close
some of the prominent Shylocks we're ANXIOUS 10
place balances" at per cent. There was more
money in the market than was "an,in
syndicate of bears had expended some
So 900 to $4,000 to send 100000 gold to
Europe. ...,..i.,,
in which some National banks have been engaged,
" only" to obtain two or three days OF high rates
on loans as shown in the stock market, Is dulneSs
and fluctuations within narrow limits; huctua-
tions so small that they have been beneficial neither
70 bills nor bears The whole effort has
been directed toward depression; the result Is q
half in the advance With gold exports Of
Al OOO 600 and tight money. tO-days transac-
lions in the listed stocks aggregated only 3D.
shares against 93,746 shares yesterday. EVl-
IDENTIFY holders of stock are not anxious about the
rates for money and care less for gold exports
made nader conditions which TO every CONNER
cial mind betray their fictitious and expensive
character After small fluctuations the market
closed dull and always higher than the average
of the dav, and in some instances al about the
highest Of the day, with strong tone
TIE DAY IN THE BOND MARKET
The Treasury to-day cured only S3S.6OO bonds
slS.60O As at 127 and 10000 lbs at 100 "a.
A. the Stock Exchange 1900 As sold at l27.
The nominal quotations are unchanged as oil
lows: