New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-11-01
WHAT WAS DONE IN STOCKS.

Thursday. Oct. 31-p m.
The total transactions in stocks to-day at tho
Stock Exchange aggregated 140.40s shares ZOE
the upward Of $50 different issues IN uhe hs'co
Department. and 144,304 shares for nve or SIN
issues in re unlisted department; total for
ell. 2s4.712 shares. CottonSeed OH certificates
in the unlisted department contributed 'ooV
shares or over 40 per cent OF the d@y > uo'S'i
IN all elorcs. When it is said that after
docIine of 20 per cent from so, instead OF an
advance of 20 per cent which WAS promised, the
decline to-day continued 10 36 IA, comment is
unnecessary on the folly Of dealing in the shares
of private copartnerships, which make truthful
reports only TO their trustees, and on the absolute
ahsurditv of the Stock Exchange in permitting
DEALINGS on its floor in such so-caled securIueS.
The English language is not equh TO the OCCASION
If the statements which have been gwen oue
semi-ofIicialiy concerning the Cotton vi lrusV
are true it's shares worth 10 but who Is gong
TO believe these statements or any others Ah'o
NAV hereafter be made concerning It, when the
logic of facts at the Stock Exchange shows thai
some of its trustees, in alliance with prominent
bears in the Market can make football OF
its shares and buy from and sell TO the puDll1
much after the fashion Of the old three-card
monte game played at the west End OF Ooney
Island {? The quicker the Stock Exchange panlsnes
from its list-listed or unllsted-the securldes
the sooner will it regain that public confidence
which for two years has been on the wane az
rapid rate ,
Ii will be hardly tcuthful to say OF the general
market that il was wider to-day than 1t has been
for some time when the dealings IN 1t amounted
only TO l4O4OS shares. Yet in sense IT was.
Despite the continued decline in Cotton OIL, ac-
conpanied by reports Of heavy defalcatlons (whlch
the trustees did not trouble themselves TO deny
till a late hour, which SIX months ago would nave
demOralized the whole market, there was an
fafrfh tNnt m
ing on orders given to take the stocks at current
figures without bidding them up. Even the
worthless coalers wanted, and the whole
market exhibited an unusual desire to respond &c
natural conditions. To- some extent the desire
was held in check by the demora ization in the
unlisted department. but the fact that despite TIKI
check on q general buying, there is further
general advance in prices, is gratifying exhlbi
ton of the waning influence for decentralization
by the unlisted department, which the gov
ernors set 10 work only to hurt the Consolidatec
| Board II has proved TO be boomerang of sufh
Gent energy nearly TO destroy all speculation at thf
buyers OF good stock, who for more than a yea
| have been retiring their purchases and care
nothing for the fluctuations in the values Of con
| tracts, it has made difference. But it ha
aided the governors in killing speculation, which
| is the bread and life of brokers. The genera
| market closed strong Good stocks are not TO
sale when they are wanted
THE DAY IN THE BOND MARKET
The Treasury purchased S241. 800 bonds; PEI
| cents S223,0 at 12T, and l-2 per cents 81 g.
200 at 05 "a. AT the Stock EXCHANGE ther,
| WAS no business in Government bonds The nom
inal quotations are as follows: