New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-09-28
clos. 1871 sll4 .5a0.loi sl13. 81.
500. 1874 s1l4.5e6 i04 s113 6o3,
WHAT WAS DONE IN STOCKS

Sneculation ia stocks was devoid OF new fea-
lures to-day. Tn a few instances belaied short
special cases, prices were advanced by sheer ma
population Missouri Pacific was unusually &C
tive, and it advanced about | per cent. This
could hardly have resulted from the announce
ment that the company had formally withdrawn
from the Western Traffic Association. because
that agreement has been openly disrcgarded ior
a long time In fact, the Missouri Pacific was not
the first to withdraw from thc association al
though it was the very first to be convicted OF
disobedience to it's rules me buying OF tnls
stock may have been stimulated by the Increased
earnings reported by the company. and IT Is pos
sibe that investors were attracted by rnnors that
dividends might be resumed as UNEXPECTEDLY as
they were suspended a year ago csideS new
England and Reading, which also gained about
/ per cent, the final advances were OF little con-
sequence. OF the declines. the only ones that
need be mentioned We're those of nearly per cent
i'm Northern Pacific preferred and large fraction
in Louisville and Nashville.
The movement in the market seemed to be con
troIrd nv two influences When short interest
wos detected stocks were advanced, and every rise
in those which have broad market was met
with free offerings. a slight furry in the rates
for call loans was welcomed because it suggested
fresh sales OF exchange in advance, and at the
same time disspatcd fears Of possible renewal
of gold shipments. The closing was at smart
rally which can hardly fail Of its evident pur-
pose in affecting the London market
THE DAY IN THE BOND MARKET
There were no transactions in Government
bonds but IN the last hour bids for the a.
were were raised IA and 3.s per cent. The closing
quotations were as follows:
Bid. Asked. =. ,ooo 81 b. Asked.
US4i9s 1891 con- I Sour ssl s99 i099
tnued at per nso'eui' os iood -
s.: liz
U.S.cur.6 1895 JOY
The business in State issues was limited TO
Tennessee settlement 10, which sold In small
way at lO2 l-2. There were no sales OF city bank
stocks. ~,
There was a sharp falling OF in the demand for
railway bonds The general movement OF prices
was consequently toward lower level, but the
final variations were divided and in no instance
were they specially significant. Atcbison A. were
n shade lower at SO IA, and incomes lost "A per
cent at IS is. Both issues were unusually dull:
Northern Pacific cOnso js seemed TO be pressed
for sale and at ~ closed with a loss Of "a per
cent Erie second con5ols were Ia better at
los i-o Chicago and Eastern Illinois general %
gaiDed the fraction at oil 5-S. READING Incomes
were inclined TO sympathizc with the speculation
in the stock but the thirds alone recorded ma
terial advance Richmond Terminal rs further
fell 10 Der cent to ~. Uninn Pacific. Denver
and Gulf frsts on small sales declined "a per cent
TO Gs 5-s Reference is made 10 our fun report
Of bond sales.
Money on call at the Stock Exchange ruled at
3 IL and per cent. A little furry in the last
hour carried the rate TO per cent, but when
this subsidized loans were made at per cent.
The Clearing House statement was as follows
Exchange 81 13,660,%1s; balances, 81, 100 l02.
The Sub-Tressury was debtor TO the Clearing