New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-09-29
CLOSING PRICES OF BOSTON STOCKS.
WHAT WAS DONE IN STOCKS.

Monday, sept Zo-p
The efforts to cover the large outstanding short
interest in the stock market were renewed To-Day
with Indifferent success AT the outset spirited
attack upon Missouri Pacific carried its price TO
Gil IA. against 65 at Saturdays close, and eX-
treme dcpressions of IA in Wabash preferred,
"a in Western Union and IA per cent in
Manhattan were used TO encourage belief in Mr..
Gould's ability to wreck values. The effect on
the general list was measured by net losses OF
small fractions as in most instances, even where
declines were accomplished the final quotations
represented substantial recOvcrics from the low
est points. All aggression was confined TO Tie
professional element, and the shrinkage in the
volume of transactions Though fair record Oh
dealings was made indicated disposition on the
part of investors TO permit the bears TO make
fresh contracts at as low level as short selling
could bring about
The current was resisted conspicuousy in Lake
Shore and Chicago Burlington and Quincy, where
on a trfng demand, prices rose for the former
from l24 TO 1875 3-sa125, while the latter Stock
after falling from 100 3S to 90 7-S, closed with
net gain of 5-s per cent at 90 rs. The selling OF
Atchison was based on a specific point; namely,
the offer of the company to extend the guarantee
fund mortgage notes due November for Two years
with cash commission of per cent Ihere IS
no question of the ability Of the company TO meet
al{ notes which are not extended and the manage.
ment asserts that a defering of the retirement of
the notes will prove advantageous to the company
Atchison stock fell from 10 "A IA but at 40 Is
at the close net loss was shown of only 5-s per
cent. .c
The wide fluctuations in Missouri Pacific, on
larre amount of business, had little effect on the
general speculation. The early break caused no
corresponding depression, and the recovery from
CT IA to So l-Sa64 ga was not regarded as reason
for any buying Of other stocks. The late rally
in Missouri Pacific may be intended to promote
fresh jugglery, and the question whether Alr.
Gould will finally permit dividend has no inter
est except to individual holders OF the stock.
Among the specialties, activity in Columbus, Hook
ing Valley and Toledo carried the price up 10
az 3-4a34 Il8 against 32 l-2 saturday, while
New-York Susquehanna and Western preferred
rose 2 IA Lake Erie and Western l and Wheel
ing and Lake Erie preferred 1-2 per cent.
The news of the day was favorable. Crop esti-
mates from some of the Western States were IN
excess of previous calculations. further important
shipments of gold from abroad were announced
and nearly g., 900 900 gold came in on the French
steamer Bourgcgne, still leaving more than ST.
600 600 known TO be on the way from Europe.
OF thirteen roads which reported gross earnings
for the third week in September ten showed sub,
stantia gains over last year and three recorded
small losses. The announcement that the 3d.
500 600 new Swear notes offered for public sub
scriptiOn by the Union Pacific had been oveI-sub-
scrbei, simply confirmed Saturdays assurances
of the success of the refundiDg plan. The mar
ket closed firm under buying OF excellent character
THE DAY IN THE BOND MARKET.
Government bonds were neglected at the Stock
advanced Ia per cent for the extended LIS
Il per CENTS and the quotations for the registered
az were raised about - per cent. Annexed are
the final figures