New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-12-12
CLOSING PRICES or PHILADELPHIA STOCKS.
TIE STOCK MARKET.
STOChS
Thursday. Dec. lip. n

Thursday. Dec. LIP NJ
Yesterdays forcbodings of evil. and p'ilir"-
larN those relating 10 the situation IN ihla-
dclphia, proved TO be unwdrranted ana 10 "r TIT
product of i rumor manutactory which should he
AZ easily stamped out 10y legal process a. j. '''
Illicit distillcry of whiShcN. Bht ai'cr an " -
the money question which now coniolN the s""'-
tion at the Stock ENchangc-timt Is u'I -!
T., :. money but the real trouble Is not with Tine
amount of money in the country p"O VIII" '"o
o,'r,roction Of credits There is moLcy enough IN
the country 10 make clcaranccN Tor '"i'c 'nc
amount of outstanding credits, but by speculative
withdrawal of cash-a smaller amount IMAM inc
vcar's cxpansion Of legal money-OtAcrS nave been
frightened into Withdrawing IN the aggregate Il
much larger amount. ill there seems not To DC
money enough 10 90 around. The bank loans not
only of New-York. but Of the principal cities oil
Wv. Union are smaller than they were a year
.oo: vet the amount Of legal money III Inc
count ~ outside OF tie Treasury vaults, - OF'.
sos, 100000 greater than II was year - .r
MIGHT as well to-day De locked up IN the treasury
yIIlts as 10 be- as II is, locked up by syhdI'"'
OF rich railroad speculative managers NJ ",'T
then by trust companies, insurance '"l"P".. '
savings banks 50 far as II Is Of any pI'tl""I u.s.
10 the Legitimate interests OF 'e 'o.'','iE, -,
wait with interest Saturday BANK st'lcmcI!' ~
discern if the S4,O"O,0OV g"Id ceruIra''S ''n''
for a part OF the recent purchase oi 'ohuS was
deposited in bank or locked up IN inc N"utls %
The institutions which sold the bonds Ir Ii'|s
ury at this particular time could not 90 We P""
lo a greater service than by giving puhn'lIF 10
the names Of the sellers Of the S7,Voo,OVo Oh
prr ccntS The Secre,aryS object III dcpar'lh.
from his rule TO buy none but me . -, per
cents was 10 do all be could 10 relieve ne man
cjal pressure. II his object has uSch par
TALLY defeated by some OF tne sellers HonII iinnt
his disbursements should not lie PuDHc
have chance to guess where the
money IS hidden? 4 week ago We knew t''b
the money was in the Treasury available FOR an
emergency. II Saturdays bank statement docs
not reflect average o. the iull amount we SHALL
be at a loss as 10 It's hiding place.
Io-days stock market III its general chaI',' y
was directly tie opposite OF that Of vest id'\.
The fluctuations were frequent. and sometimes
wide buf the general tendency of values VS.
toward Appreciation AZ times prices were
su9rtIv raided. bat The following recover ''
were rapid and emphatic. Delaware i'''h'" '' ''.'
and Western was O feature III tHc dealings, 'c-
cause II early declined from 1926 is I'.t '''h.n-
10 l24 IA. With frequent Nations ,I'
sock rose bnt final rad left IT. al 10 -
/ nor cent lower than laSt evening lie Sp'c
seems 10 bc directed toward that STOCK ana io'
against the coacrs GENERALLY, pecarS' a.''',,'
and Reading. after iuctualng lfl"''l =
,97 3-4a29 IA. finally closed al - - %, -
higher than last evening, and central 81 N'"
Jersey closed up y per cent ID 'l' 1851 nor
Io,,r of busircs, there vas a renewed s"hfinIh-
nf sand flies heavily laden with possible ca hlhlie'
and under this Llppng influence Pii'N '''
something from tie best ilgnTes ol '' "'H ,,'',,
still closed strong, WIN H''dI ""''"'' "
The "inronnal" meeting Of several presidents "i
III. Western railroads called Tor next Mondo\ az Va.
MoIams hosp'able board Is as yet r>gI'G@l 90, op
influence on the market because II i htFf ~
credit. and not the railway SITUATION "i'N ~
,r.trictinr the business We know Of No'eI.I
,rot,rcra where brokers absolutely nin~" T."
,,[ccutc purchasing orders ON large maiHin, Az
s,y ticv will not do 80 I'll time moicE OF cI'''
i obtaiuabc. Pullman Palace Car COMPANY
after selling at 100 on Monday, to-day SOFA "l
III IA up 20 10.
WHAT WAS DONE ~ BONDS