New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-10-21
MINING STOCKS.
WHAT WAS DONE IN STOCKS.

Tuesday, October 20-p. m.
The inward flow of gold was renewed to-day by
the engagement of ct least $4,000 for Shipment
from London 1t was known that an additional
$500, 900 would he ordered by the firm which last
fall exported gold under an arrangement with the
Bank of France for its return on even terms
The interruption to the movement, therefore, was
continued little over a week, for the last previous
shipments have just arrived. There is good reason
for the resumption OF imports in the continued
outflow of merchandise to Europe even if the for
egn buying of securities is not extensive. At
the moment the European demand for bread
stuffs is somewhat slack but the exports Of mer-
chandise from this port in the week ended to-day
were valued at $s,442, 094, the largest amount in
the same week for many years. In the last three
weeks, the exports from this port amount 10
SEE, 3S,727. With larger movement of cotton
which has been delayed by the latehess OF tle
crop, and with fresh demand for gram, the eX;
ports ore likely soon reach dimensions That VIII
compel further settlements in coin. In addition to
the merchandise movement, moreover, there is
constant absorption of securities by Europe, WINE
the speculative buying is restrained with dnculS
by conditions entirely outside OF TINS country.
The resumption Of gold imports was inadequate
to infuSe new lie into the Stock Exchange mar
ketS. To be sure, there WAS a distinct improve
ment in the demand tor railway bonds, ana ana the
buying Of lOw-priced A per cent bones, Ike inc
Reading. AtchisOn, and Missouri, Kansas ana
Texas issues, was confident at advancing prices:
The demand, both domestic ana IOfelgni Wde VI
that kind which removes its purchases from the
market There further shrnkage, however
in the volume Of business in stocks, and In this
department both public and professional interest
was hieless and inert Outside buying was
frightened away by the passing OF the Missouri
Pacific dividend, and, shy as a crow, the public
is watching speculation at distance. The best
efforts Of professional traders TO deprcss prices
have been comparatively fruitleSs, and, in a word
the market is at present at complete standstilE
The strength of the Vanderbilt stocks was the
only prominent feature to-day, but OF these New
York Central alone was active, and IL closed with
out significant gain. Lake Shore rose l per cent
on the buying of a few hundred shares, but the
absolute scarcity OF this stock has been evident
for a long time. Besides it's large business ana
excellent condition, the company has been Dene-
fitted largely by the steady appreciation In the
securities of the Nickel Plate line which it con,
trols Erie was first in point of activity ana
excepting AtchisOn, it the only stock in when
the transactions exceeded $1,000 shares. 1T closed
al about its highest figure with gain OF 3-S per
cent, and in every respect it YVES far measure
of the speculative movement. The closing was
inactive, but firm.
TIE DAY IN THE BOND MARKET
A sale Of 81 900 coupon As was made at an ad-
vance of Ia per cent above the bid price. 1here
WAS however no material change In quotations.
which at the close were as follows: