New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-09-08
CLOSING PRICES OF BOSTON STOCKS.
WHAT WAS DONE IN STOCKS.

WHAT WAS DONE IN STOCKS.
Wednesday. Sept 7-p m.
| Attempts to disclose a large short interest In
the stock market were not entirely successful
| The conspicuous feature of the trading to-day
was the buying for the short account. The
| advances that werc recorded resulted from these
| efforts Reading stock maintained Its prom
hence and 1t recovered the loss suffered yester'
day. 1t was rumored Of course. that the
quarrel with Vi e Pennsylvania Railroad had been
patched up and that there never was any chance
Of trouble between the company and its en-
ployes The present management several months
ago predicted large earnings in consequence oil
the combination of the coal companies. and the
energetic buying Of the stock must have been IN
accord with this theory. little thing like the
opposition Of the Pennsylvania Railroad was not
to be considered when the price of coal wac at
| least so cents ton higher than it was
q wear ago The production Of coal will exceed
"A, 900 900 tons and the advance in price will net
| the coal companies $20,0oO,O 900. The Reading
Railroad naturally must have secured three-fourths
of this gain for il controls that portion OF the
OUTPUT but the reported earnings OF the COM
pany excite doubt whether dividend on the
stock will be declared at the end OF the hscal
Next to Reading the centre Of attraction was
Sugar Refining. This stock opened materially
higher on the increase in the dividend rate, but
unfortunately its first price was the highest Tor
| the day. Ii is impossible that inside interests
should I've willing 10 part with stock which returns
so large an income from the investment. The
stock was accessible if any had courage enough
10 sell it short. The largest advance was recorded
by Western Union Telegraph which was advanced
on The rumor that the surplus was about 70 De
which the controlling interests were reported TO be
| laboring under was distressing. The fear Of
| cholera was not factor IN the problem.
THE DAY IN THE BOND MARKET.
Government bonds were neglected at the Stock
Exchange, and the closing quotations were I'M
| changed, as follows:
BID Asked. - g ,.oe BIG. Askea
as::s !. &c; Ss:s:ssss
S;sstsiS5sSs liz iiSF 'Di:GosO5 l'a'il2E ll2@
There was no business in State issues. The
transactions were small sales Of Louisiana consol
| As and one or two other things OF somewhat
doubtful value OF city bank stocks. Merchants
There was a good demand for railway bonds,
| but the supply OF issues on which the interest
seems TO be assured was small Inc moN Nar
| Atchison incomes gained the fraction at ., -
Philadelphia and Reading incomes were strong
| and the frsts closed per cent higher at % -
and the thirds rallied sharply, closing AZ 80 IA
| The bonds of the Southwestern railroads wefe
higher in anticipation Of better rates for traffic
| actions we're not large. Reference IS maze 10
our full report OF BOND sales. . ~ -,
| The money mrket was not disturbed. On call
rates remained about ptr cent. ana 'lhe loans ns
| were negotiated at 8 and per cent Tor lohR
periods. - 90 <o,,o,rs
| Exchanges Sl51. $50 1903: balances, $6s58,9ol
| The Sub-Treasnry was debtor to the Clearing
House $5o34s4 Its net gain on balance saea s was a.
s74.s59. made up by gain OF $Zo SnrpcncH
| The DAYS operations included Receipts. ~
| 62I.3I5: payments S2.546.45S; resulting III
general balance of Sl33,954.o6l. consisting o'
| SII3.2lO.s36 coin and 500 1929 currency:
| The United States Treasury at Washington
received to-day S25,.225 National bank notes 'or
redemption. ..o.,o,
revenue receipts S2l s,315. and the miscellaneous
| receipts $22.l62. . -.
To-days Washington Treasury statement o. Of
| cash on hand and deposits in bank compares WIN
the figures OF the last previous statement as
follows: n,ro,snoo.
:4 4., a ss ss s be-;
N on ' hand n77se7 e.osso Dec 12tlls
Actual cash . in the
%a sSS Dee Dee sssi
Net cash bal sl42 44o 500 sl41s4957e Dec 1881 o?o
The foreign exchanges were q true easier III III
| Tho morning hours but the supply OF commerclai
and bankers bills was rather below me ueina ta
FOR remittance. Appended are 9notatons ior
actual huciness Bankers bills, - 80 "a i.d ana
| "a ID
2Iuob francs ZIG rs and 515 SIS; relchmarks,
a., I.4a05 3-s and 95 5-sa05 "a.
In London British consos were lower ri a.
| os I5-16 for money and o. for the account Inc
I 100 was without feature. In the open market
money was abundant at 7se per cent Tor HS
co o'ian was unchanged at SO lsd an ounce.
american railway shares were dulI ana irre ECU
A. Paris French Per cents a nav ~ 40 no
Inc S Zeal Estate Salesoom by Adrian IT, Muller 4
son loco Consolidated Electric Storage Company
So ooi. cooov Island Jockey Club 1875
| - ss ares Drooklyn City Railroad Company, lN
100 ,nares Pnyty-second-st Manhattanvllle and st.
| N,ihwn,.s"ve Railroad Company: biz
CITY Railroad Company cent bonds.
! due 1871, 1881, o pou,oad comnanv 900
Il shares Eighth-ave:, Rarosd cSmIa ny 2Si O,
S, snxS Decatur LAND Improvement and Furnace
cmnanv N the state Of Alabama first MOI tsage per
So,p md. duo December l. 1898. 81. 600 each 20.
Al 600 Decatur Land improvement and Furnace Com.
,.ar ~ the stat Alabama, first mortgage per cent
| PaanSds Vi Due December l. 1893, $500 each. 20.