New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-04-04

WHAT WAS DONE ~ STOCKS.

lulr>laN, ApIll . p III
Tie aock market again to-day developed
broadening tendency. and the Transactions IN the
r.,.l department aggregated lG3i54 shares.
aeoint le-.iie shares Yesterday and $3.50
share, ON Tuesday. And the broadening was gen
,r,ls accompanied by hrmncsS in prices, and in
some instances. material advances in values. But
u s. necessary 10 say that the advances generally
,.re made al or soon after the opening, and that
lie changes later were more rcactionary, than "a
continuance of the upward movement And yet
there Was not a weak spot anywhere developed
III the whole list The market this week has
been particularly free from manipulation. While
.,ll limited. 10 has been the first natural market
seen i'm a moatl Tie manpula'ors are now talk
ia. more and actin, less \ months trial of do
in. an the scin, proved 10 be both tedious and
expensive.
ror month, We have been compelled 10 be
daily listener .o stories about tie poverty OF The
Western formers: that they were not able 10 buy
ANYTHING. and that with the agricultural interest
of tie country 50 depressed by low prices there
MAS mo salvation Tor the country" Yet the
ner,cnia.c Of tonnage Of wcst-tound freight has
steadily been gaining on the cast-bound tonnage.
both with the railways east and west of the Mis-
.is,lppi River. II is hardly fair to suppose that
merchants and jobbcrs are shipping their goods
Yves, for tie sole purpose Of dumping them into
,ic lake, or casting them over the prccipiccs Of
Tie Rocky Mountains. and YET If IT be true that
file Western agricultural interest IS as depressed
a. il il, asserted TO be- there is no other way 10
accnont for the rush Of W,sf-bound merchandise
If thr Western farmers condition anything
ike rs depressed as the continuous ilvc-minutc
injection Of pcssmistic views has made the lot OF
ilc stock broker. they certainly would he in
bad way. and the reports OF railway earnings
would be- different story from those now printed.
The whole OF the marhc today ruled strong.
But al each period of duluo,S reactions in figures
were forced with renewed activity there We're re-
coycrics Compared with h~t night. prices gen
crnlly show small gains bat they did not close
up 10 Tie best figures of tie day. Chicago Gas
VAS a special feature and rose from ii 81 to 4 "a
- 3d. II was announced by Especial" Chi
caco disnatch that The Gas Trust ease on APP
plicaiion for a receiver came up again to-day. but
was adjourned on the motion OF Charlton Ii
MAS added 1t looks as If the Gas Trust had
effected q compromise with Charlton, the plain
tin The ahsurdity of the addition is 50 appar-
cnt that 1t never should have passed the eyes of
IN intelligent ncwsvcndcr. The Gas Trust com
promises with the alleged owner of ten shares Of
its stock who prays that the dividend on 1t shall
not he paid him, and also alleges that he pur-
chased his grievance ten shares at 13l at cost
of $3.50 1t IS with such material that stock
brokers Offices are punctur,d every five minutes
every day.
The market closed strong and promising.
THE DAY IN THE BOND MARKET
The Treasury purchased ~ OF, 600 bonds: per
cents $50. 800 al ~. and Il per cents S62,5OO
al IO3 -. At the Stocl Exchange a small
amount of Il per cents sold at 1913 II. An
ncNcd are the closing quotations.: