New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-10-09
A LIQCIDATlNG MARKET.

v.
They all say that the Stock speculation Is coins;
through a process Of liquidation and "" are h"iid
~ accrn, The testimony of III" majority. alh"lli
i, is advcrs, 10 the is of ~" last ~" wears
During TWO years energetic ca'npaI=n for T."
bear" acc,l,,lt II las been continuously f"I"rl
inside and ou,s \" Of brokers Offices tha, t1"r'
WAS no one 10 make speculative purchases. Ar'.
this column las not ben behind in r"r"rri7Int
and IN tic most positive manner s'ailnS tn"i
the Stock Exchange mcth"d hy the rIa"r of H.
,;oyerpvr: was o:.. Us utnos, 10 XII he Golden
.onsr that iulnisct' commissions IL ne in"'i'"TN
Of the Sock EXCHANGE. i'nj now all 81 q sudden
i, has ben discry"rrd tar' ti"I" ms 'scn =
.raud spccllll tiDn-oi tie KIND that b : Iet ary
r., ga, up the viia!s II many commission ho':">
MAT must be liJiI'.at"1 II II HI I"~h y"
tic brokers borrowing les rnorry ih.n they 1--we
been Golne a, any tlnr ~ tie Last ten years
aver q stock n.rke' rriunTkah,c f.: - c"niin-
nous duncs> d"r.nr tie Ia,' t"p yeas. +" '.'I"
about li9uidatl"n II a si~ruiailon j. sInp' -
we'll. We 10 not know a word III the Ln,,Ii,i,
lane,ialr THAT VII rNpr>, IN" idea
Yet there :. tie ian-th" rrcDid Of figures.
which oivcs kwcr Iricc> t,.-.',y for army 81
the stock than AN preceding day. They r'>
1T is continued liquidation. We say II j. d"
condition that has hrc:: Eialc pc >ihl" hr S'"""
I.Acl aEgc mctho .s-th &c w:.ict ~" dTI'en SIP
nlntion aSry from ~ doors Ahd -Ir"n I" N''".'
c'"!i" OF bears III" 'T"Fnnr' NO. y" % c re- ' -.
uoI.. tom thIs rpiU;4.I OF tiifrr Ir'Ih 40. ""4
he whu- prhrI e H." Ni"'k LN'h"n-r '
Gcy"trd - an attempt I" pi0-"'7N' 'h' ~ -
.\rl,anye :ruund tue corner: hut iir G"uiiIrhft
then liin. thc establishment Of i.ai Hi'II>t''
dcyrtrtn,u chl!T II, with i.r results a. J."
c"n,l> nct rlol,cd that th"l ""nla max" AN j.. ''
Of the parable" column an interesting vd"n" ~!
4; he I,oVeyuur, q stock l.NCiIdiI-c.
II ole stood on the Battery II the southern
most point Of Manhattan Island ana W." 'iJ"V-
~. sIcn a clear Drluicr .I,. .lnI 4" brGhI san -
Blessed tV-day and was suddenly over'hk"iL WIti.
out "a clond III -i.h', hl violent ':"ni"f ;'ul
!lgl timing AID hall s'oin hc w"n'd I've H:cN v
regard 4 - -OInrtni:. ~. der All cl,rV''
% RENE ills.cd. II hc Iv,i tu.Vd IL IT. H." :" u
not attempt to Il"sr an "Np!a""' on ii t!r pr.
nvu'.nou. lie W'uid >u.pN "oh!"! u"b |''
t!Iii.s could I've. =" II l. win tie pi"|"l s'"' -
maj kct. ll".c Az III + rune nan 'N''
fore existed Tor an ar,'tr up"'ra 'p''"'''. ID
III stocA values. II" SKIES &c r.r" ,'' 80 =
values al THIS YER u" ""oOu,"u" tr'"l ! 'h'i
the ~. VI e." prrc,HIn. year. Inc j" ~ n"ir| ~
the general c.r'uirt.on i 90: Sl''"."" = ''
gre ,cr rhan Sr.r a.o and is mere >i'@ ~ ""
:ti. al oIcr SJ.Ou1 opu u Uiohih. Ir' Va All 'ln+
s.n,i'iuc ana br!-it skis 'hr" H'''i> We
record 81 The Gu,i"'ion-t'p -: s'''NS: -"
thunder and GeIinnr @!d r;'Ii "hir", hH linz
Grace ni th.. G",rnoia Of the Stor; E\"An"" turn
light INTO d,iErc>, and are daily Inp"VerN'iii.
the IirulI.Ts pi the Board.
Stocks to-,:ny uclcl,ll Sid bower than on any
preceding dag. 4 r.tiiln4 .'.od report "i ir'
AtchisOns E"l EARNINGS for AugNSi SET TIE pre-"
Of that stock duWn per cent, and th's' 81 nN
bonds went oil pr"p"r'o""'"ly. OF r'uI"' 'hr
market was not Tie legitimate cifrcI Of cius.'
But il was as natural a Ii,vrin"it - any otl"r
hat wa, made dur!n, the d. wand sr,c> toe, plain
,hr movc'ncpls Il III" Mhol. i'2 ~, Mr. WINGS
shock better iin ia" genera! lS'. hIi wen, ~
ldiciously | IS per cent, but withruI giving the
short" in II an "pp,nnn;iy :" rcro"r a s,ng!c
rcrovericS from the lowest figures with the I'M
liqlldatsd bears on top.
THE HOND MARKETS.
There were 10 Transactions rrtpitrl in G0vcyn-
men, h0Eds and the nominal quotations were
changed a;id u, follows: