New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-06-24
cLosING pRIcEs oE rHILADELPMA sIocXs
TIE STOCK MARKET

MOnGdN JuF -o-p' w.
The general stock market last Saturday closed
dead, steady in figures" hut all right In
tone If any one doubts il let him examine
the records of today's dealings In Saturdays
two hours of business the Legitimate speculative
market received the brunt of decline Of nearly @
per cent il, the marict-vaue of the leading fancy
in that blessed unlisted department. and II
stood il so well that he who writes OF Saturdays
closing the figures were all right. bu the tone
was all wrong, makes Il pitilul confession Of
yerdancv well suited 10 the season Of the year
The market this morning started of with the
following very serious threat suspended over II.
IL was printed and circulated 10y one of the enter
prising news agencies of the Street before the
board opened
Mr. Cammack will, ii Is said, be H. town bright
and early this morning lie is expected to leave
Tuxedo Park by the o'clock express. His bro
kers seemed TO feel confident last night that ha
will come TO Wall Street fully equipped for the
fray lie saw last week the manipulation which
was progressing in the Industrial shares and ne
made up his mind al that time 10 take advantage
of his knowledge. All report, 70 the contrary
notwithstanding, he IS not short Of the NanGerbllte
he knew over month ago what the lake shores
policy would be on the question Of dressed beef
rates, but he did not sell the stock, because Of
the manner it WAS, and apparently is, held by
investors.
Singularly enough the plomulgatIon Of this i'm
portant Item of news eAcrtcd little. II any, elect
on the market. Seemingly the fray was pre-.
pared 10 meet tie "cqulpment oi NT Cam
mack 5 early information oi the Lake shores Lev
policy there never has been a question among
Neilinfom.cd persons IN the Street. BI' II W.a
tie refinement If tTcachcry thus u give Inc lt'in
away to the public
Well. despite these ali-inportant items of news
and theories, the general make this morning
started out in good form, and maintained II 1" tHc
finish And yet IL was dull market the tit!
recorded sales in the general market aggregated
only l45,0s$ shares aud IN tie unlisleH depart
mcnt I07 $40 shares. of which lnsi-namcd mum
hcr sugar Rcincrcs furnished Hl,1'" IN res. Ava
the general market was handicapped By The violent
fluctuations H. Sugar. Oar general list giFiIs
only the opening extreme iemeS ana ne
closing fails 10 reflect the fluctuations. u
opened no Il per cent above Saturdays last
price at 20 II, rose 10 -, declined T. mp -
- again. down q 70 IS, up = y -, down -
70 -, up 70 - -, down 70 20 3d. ana hnaIy
closed at II 3-4-2 81 per cent higher than Na'nr-
days ending. That with thee violent change
sometimes > per cent in ten minutes-thr eencini
market exhibited the firm tone that Il ana Is
cheering indication Of a separation Of sympathy
between the legitimate market and the IRE
sponsibie unlisted department II VIII be
gala day, if II ever comes. 10 large majority 81
The members Of tho stock EXCHANGE when The
paid-for much bcdazzling Of masterfnl maniP1'-
atiOn" ceases 10 be power 70 restflc, leeI'lnh'e
speculation ,,
In tie carly dealings there was some rafting
selling OF Chicago, Milwaukee and ST Paul. llg
-Four, Louisville and Nashville, the NoTiNclh "a
cities and Chicago Gas. Bui II turned "ut 'H,g
there was n market ready 10 meet the "cqulpPe}
for the FRAY" and the first or later carly priccS
We're the lowest Of tie day. Where dl1 the &c
Iuand and the absorbing power come lroia VIZ
The principal question Of the day after the hist
halfhour Of business had passed and II Was m
answered at the close. All that is known AZ ms
writing is that al the preparations maze ioT
slump i'm prices failed Of success. and ina, Inc
market closed strong, both in figures and tone.
TIE DAY IN TIE BOND MARKET.
The Treasury purchased $l4,05O per cent
bonds al l22 and SCI 400 - per cents AT %.
At the Stock Exchange there was no business conc
in Government bonds, although TIE quotations
for tbc is are IL higher than the Goycrnlnesf
figures The impres,i ion has got abroad ma, the
Treasury will advance Us figures after July !.
hence tie following quotations: