New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-12-14
CLOSING PRICES OF PHILADELPHIA STOCKS.
WHAT WAS DONE IN STOCKS.
T,oslor noc I2-n

Vioorous efforts in behalf of a further depres-
sion in stocks were put forth in the morning hours
to-day Superficial conditions seemed 10 DE
highly favorable Fresh shipments Of Sl,3Oo'ooo
of gold were announced, making The exports 'hus
far this week $3.50, 600, while foreign exchange
remained strong at about the shipping point Inc
stool, market lacked support, moreover, because
AT home there great uncertainty aoou'
financial and tariff legislation. and in London
,he beginning of the fortnightly settlement tended
n restrict spcculation while the general dlstruHt
ahont silver was not relieved The early weakness
was not wholly irrational, therefore, but that
tho selling was chiefly for the short account was
proved by the succeeding dulness and the nhai
rally Ii took very little 10 start ,he iast lT hi
ment The introduction in the senate 1i ~,ii
ia modify the Interstate Commerce ACT tic H..
| tics of which have never been enforced, ana lhe
announcement that the reorganization cohInltteg
of the Minneapolis ana 81 .?.n reoared ,o
riven notice to the Court that II was prepared 10
! INV the equipment bonds in full, by when llc
Rock Island Railroad would gain about $4,oUVV'U ~,
in cash from treasury asset, W.T. IInd rnso
nearly per ceni and, while the stock may sun
be selling f;r below its intrinsic worth. II Is IN
possible 10 suppose that Its Minneapolis anu ~.
! fonis holdings have not been fairly estimated LOT
several months. The sudden activity ana rise
in the stock might be explained IN par', ny enJ
| covering of a short interest which was SUPPOSE
IN he a part of recent inheritance: 1t was
clean that the stock was influenced by pecnilar
| causes because other Granger STOCKS Were hri,n'I
active exceptionally strong. ~ I G ni"
Northwestern closed unchanged ana ohcago'
Burlington and Quincy gained only Ia per ceht.
II must he noted that While the ndustrla, I,ochS
were active in the early dealings they were thrown
into comparative 0bscurity by the late movement
in the railway stocks. The dividend on Dls'Iillng
ami Cattle Feeding was rails from lE 10 az pr
cent but the stock lost per cent for no othcr rca-
son perhaps than the fear that the nest chahSe
would be backward. The price of spirits may DE
raised arbitrarily a, any " @ou Id fnrnsH '' prob
ably fresh excuse for speculative decline IN Ihe
price One or two precedents in skiliui manlpu IT.
ton have been furnis ed under the pics,n lnaha!c-
ment In the other industrial stocks the on}
movement was sharp rise in National Lrad'
which closed per cent higher az lls Top l PRE-
The declarations OF the regular dividends on west
ern Union telegraph and Manhattan Railway
were without effect, although the first-name'
stock seemed to be pressed for sale; , ,,,or :,
&c suDerhhous TO add that the market was extremely
! ;rreG,,lar but in the main strong The final vari-
ations were divided. but the gains surpassed the
/ losses in number and Importance.
THE DAY IN THE BOND MARKET.
There were no transactions in Government
| bonds but the market finn and the asking
price for registered As was raised IA per cent.
! The final quotations were as follows:
tinucd at per Y cur s. s. l ,s.s 1917 lp
T Ts: IsS7 reg He He III s 15'
| Ijs. CUlo.u,. ioJr.ti0n ----
The State issues were wholly neglected, and
| there were no sales of city stocks.
The demand for railway bonds was somewhat
less active but while the general movement 0i
prices was irregular most issues recorded small
! final gains Canada Southern fIsts we're I'M
usually active. and, closing at 10; Ia, we've 5-S
| Der cent higher Toledo Ann Arbor anu Noftn
Michigan frss rose ? -2 per cent to lo5;
D large number of other special issues made rae
/ ,ional gains Mobile and ONO general Is de-
cned - 10 81 Ia, and of the Plnlaiclphla ana
Reading incomes the thirds closed - per cent cent
q nsrIN AT Id
/ others were quiet and barely steady. In gen
erai, the business divided among many issues
Reference is made to our full report OF bond Sae'.
ruling rate ) per cent. In the last hour
moderate business was done AT b, put AT per
cent which was the highest rate, there were few
loans The furry brought out offerings Of funds
10 such an extent that the final business was at
per cent. -
Exchanges, 81 sc, 702,s13; ba ances, $5,57 4,s36:
The Sub-ireasuIy was debtor to the Clearing
House S6si,603. It's net loss on balance was
Slsi2Oi made up by a loss of S5s32l0 in con
less a gain of S396,0O9 in currency. The days
operations included Receipts, S3,3G5,006; pay
ments, S3,5531O7 resulting in a general balance
OF Sli4l III ,466, consisting Of SiOI,216,3oO coin
and ST, 81 D. Is currency.
The Mercantile Safe Deposit Company reported
silver bullion on hand at 0s5,s34 ounces, de-
crease OF ll5,Sy5 ounces.
The United States Treasury at Washington re-
ceived to-day $3l7,4ll National bank notes for
The Gus oms receipts were Sl3j,35s the internal
revenue receipts S3il 1859, and the miscellaneous
receipts $l2.lei.
To-day's Washington Treasury statement Of
cash on hand and deposits in banks compares
with the i2ures OF the last previous statement
as follows:
Dec. IL. Dee. 10. Differences.
Net gold on hand l 259 l25,f05l7I s232 9l2
Net legal tenders -.
on hand ......... i,i33,oOl 4,2lO63l Inc. o., 10
Net silver hand 7,j35.O'5 LITE, l27 Inc. 113OH
Actual cash in the
wants
over outstanding - - 49,. -
certificates 1876 925 23S S13I,593 935 Inc. Si0S,1O2
Deposits in bank. l1,0l7,2S0 ll,ss2ls3 Inc. 2B%3
Net cash sl4s S42 5i3 slie 2s0 lis Inc s74sCo5
The foreign exchanges were strong and on Lon