New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-08-16
CLOSING PRICES OF PHILADELPHIA STOCKS
WHAT WAS DONE IN STOCKS.

Thursday, Aug. 15-p. m.
To-days stock market was less active even
than that of yesterday, in that the total sales OF
listed stocks aggregated only 111,699 shares,
against 13i,128 shares yesterday. Yet the tone
Of the general market firm despite the alb
sence of a speculative demand, and many OF the
prices closed hi cher than last evenings figures
Atchison Topeka and Santa F. took was the
special feature Of the day. The price Of the stock
early declined from 81 l-s to SO "a and did not
rally when the market did At 80 p. m. the
price stood at SO 3-4a36 10, just where 1t had
been for three hours; there was not a cOrporals
guard paying any attention to the stock or its
price, when suddenly there came rush to sell
the stock which seemed TO have received its IN
spiration from some source stationed near the
ticker in the Nickel Plates stock location.
Bids Of SO ga and SO 5-S rapidly supplied
with later sales down to 80 3-4a35 rs. OF he
16,4OO shares traded in during the whole day,
1000 shares were sold in the last twenty minutes,
efecting decline of l per cent. reason for
this sudden onslaught on that particular stock is
not found in the current news of the day. BE
the stock worthless or valuable in the future,
there is nothing known light, except the talk
of the probable retirement Of President Strong to
account for its price being IA lower than last
evening. But it is worthy of note that lately
the stock has been dull that to-day it seemed to
he heavy in strong market and that the late
and rapid selling so that the prices declined l per
cent i'm less than twenty minutes seemed to he
for accounts which recently have bought IN
Rock Island. Burlington and Quincy, and North
western at losses ranging from b to 10 per cent
TO what extent this surmiSe Is true Will be de-
velored in a few DAYS. 1t does seem almost I'M
possible to believe that losses made on stocks
sold short" in the ninetieS should be attempted
to he recouped by selling another stock at 80.
Vet il looks So The Big Fours to-day again
moved upward and made good recoverr%s toward
their vet highest figures. But the Chess peake
and OhioS were partly neglected, and traders were
invited either to buy sell them at their VIII.
The Granger stock generally made some adj
yanceS on last evenings price. Missouri Pachc
declined 5-S per cent. Louisville and NaShVlue
rose rs to 20 5-Sa 20 ID. The Northern PaclncS
after an early decline made full recoveri's. Inc
financial scheme of the company ha not yet been
formulated for submission TO the prelerreu SIOUX
holders But as il is case of necessity, some
plan will be submitted and the preferred stock
holders will decide il on the broad principe Oh
No bonds no dividend: no dividend no oon1S.
Union Pacifc ruled strong oil the wav out; / ne
Coal stocks generally were firm, but Phlladeiphla
and Reading by late raid suffered maj de-
cline of IL per cent. ii.
The business in the Trust" stocks was light:
Sugar nuctuated 5-6 per cent and at ~ %
closed | A lower than it opened. Cotton Oll 500
nm TO SO 81 and ruled firm at about % 3-s, ana
Lead was dull and steady at 90 3-Sa23a23 Ii.
The general market closed dull and strong
THE DAY IN TILE BOND MARKET
There was no business done in Governments at
the board and little or none over the counters OF
the LARGE dealers The nominal quotations are
UNCHANGED. except that the syndicate advanced
It's asking price for the per cents IL per cent
Anncved are the closing quotations: