New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-10-06

WHAT WAS DONE IN STOCKS.
WedncSdaV. October

| Tie character of the recent speculation IN
stocks was exposed clearly to-day BY the SHRINK
age In the volume Of business and by the weakness
OF tho stocks which have lel the recent move
mont There WIS no tangible reason why New
England should have declined, II the reports OF
neg citations with other railroad companies haI
a good foundation. II the Reading Railroad In
any way has secured control OF the property, tho
evident pressure both stocks must have been
n cumulative mistake New-En2land declined
easily and ito first price was the best for the day
! Reading less active, but its last price was
the lowest IL would be charitable 10 suggest that
there was hitch" in the Negotiations. II they
should be completed however, It might be well
70 inquire whether the New-Ensand hal leased
the Boston and Maine the Reading in connec-
ton With the New-lork Central had taken pos
session every railroad line in the Eastern states
Outside the leading stocks the market was sup
ported with great courage. 81. Paul was bought,
as it has been for several days, for European ac-
count and rise OF ! per cent In Louisville and
Nashville was supposed to prove international
interest in the whole market In fact, the rates
for foreign exchange were firm, and tie purca .cs
of these stocks were not Offset apparently By the
sales of others II ought not to b. overlooked that
Union Pacific advanced nearly per cent on what
reported To he buying for European investors
IT. is unfortunate perhaps, that the supply of this
stock is not larger. The final changes wcre gen
orally advances but tie closing was feverish and
uncertain. The trading was strictly profcs sional'
ana consequently the variations may have been in
significant. TIC short interest in rnrnv stocks WIS
not covered and it probably was no. reduce by The
DAYS operations
TIE DAY IN TIE BOND MARKET
The price Of Government Is was advanced
again in consequence of saie OF : 1000 coupon
4s at Il47-8. The final quotatons
follows
I'D Asked. ,soo T nd Asked
tIa.ed Il psToo s eur g. O. 1872 lSSI TX
ys 1907 coq1t ~ n. co ss, $50 1891 1 ,ls,
rs, t 's iG1 iss io iio'
Among State bonds Arkansas IS easily main,
tanned their prominence. The Little Rock ana iid
Yesterday ard tue Mississippi, Ouacdta and Red
River Issue further advanced : per cen, 10
III I-2. but the Little Rock. Pine Bun and New,
Orleans issue was inclined TO reccdc at 10 u
and 10 ID Other Transactions were IN Alabama
class a at lOl. aud in South Carolina non
fuudable Gs at 2 "a. OF city bank stocks Western
Ihe demand for railway bonds was less active
and naturally the ovement Of prices was irreg,
ular Chicago and Northern Paclilc iinsts IalGa
rs per cent 20 10 l-2. but Northern facnc
conso IS fell back 10 49, Inc feature OF INC
market however was the activity ana strength
OF the Richmond Terminal bonds the IS closing
7-s per cent higher at 81. after sales a. - ana
the &c gaining l." per cent at 81 Iiuauelpliih
and Reading incomes ,wcro iaactive. ana geReraly
they lost only small fractions, hoGx ,san 40
95 as and o. "a Hooking Valley IS declined
10 90 IA and 03 II. Reference Is made TO our
full report OF bond sales
Money on cali continued TO rule at IL per
cent A few loans were at . per cont. and affc:
the usual demand had been satisfied the rate
fell TO per cent ,uo.
The Clearing House statement was as follows
Exchanges. 20,33O,o1G; balances S8,GG5,l2l.
The Sub-Ircasury was debtor TO the Clearing
House SOL, 24r. It's net loss on balance wns
81 331 475, made up by losses Of Sli2,103 IN coin
and Sllse,770 in currency.
The davis operations inclndeA Receipts, So
ooG e2e. payments, S7,35s.313: resulting in
GENERAL balance Of Sl26,j500l3. consisting OF
SII3.0G1 36l coin and Sl2,5S8.65@ currency.
| The Treasury bought $1,000 ourccs OF silver
bullion Mt price, ranging from $3.50 10 ~ cents
an ounce The offerings amounted to '2l,ooo
ounces hut the prices OF those which were re-
iec.cd vcrc not made public. Tic Mercnntiic
safe D-p sit Company Of this city reported silver
/ bullion on hand 10 secure outstanding ccrllh-
Gates at ,GG5,241 Ounces, a reduction of 13592o
ounces -,
The United States Treasury at WASHINGTON re-
ccivcd to-day Slil, PIT National bank notes for
redemption ,..
nal revenue receirts $780, 3G and the miscel-
jnncous REGENTS SG0,23i.
To-days Washington Treasury statement Of
cash or hand and deposits IN hank compares
with tho figures Of the last previous statement
az follows: o.,z n,rsroocos
SGT roa on hand 500 800 !7s,G7 nc sci sJ a e
Nc .llvor on "a. 2,so5'795 2''oS''oo Dec '"-'''
Net ,sea 'enocrS II 4a5 52o 1871 5es DC. o,eii