New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-12-10
CLOSING PRICES or PHILADELpnIA STOCKS.
WHAT WAS DONE IN STOCKS.


postponement Of gold exports was sufficient
70 impart strength TO the stock market 11e
Gould stocks controlled speculation and the adj
vances in Missouri Pacific and Western Union were
presumably the result Of a better demand for
these stocks The buying was for the long ac-
count because it was admitted that the death of
Jay Gould might be followed by a change in man
agement. The rise in Western Union, which was
fraction above 3 per cent, was indicative OF
general relief The company is earning great
deal Of money, and If it should fall again into the
hands Of the Vanderbilts, confidence In the stock
and In the equitable distribution of earnings would
be revived Rumors in support of this theory
were not lacking. The largest advances were re-
corded by stocks which are deprived OF an inter
national market In addition 10 Western Union
q must be noted that Sugar Refining gained over
per cent, and Distillers and Cattle Feeders .
per cent The price of spirits was raised AGAIN
cents gallon, and the earnings OF the DstIlilng
Company are so large that the dividend on the
stock must lie raised from to per cent year.
In fact il would not be surprising II the new
dividend rate were put on par with those OF me
other industrial stocks. The Distilling Company
is earning on the investment as much as the sugar
Refining Company, while the prospects are much
more favorable The action of Congress may be
opposed TO the further success OF the speculation
in sugar; it can hardly fail TO be advantageous
to the whiskey interest.
The influences which were effective were
probable change in The management OF some OF the
Gould companies, the absence Of gold shipments
and the existence of large short interest in the
Leading stocks. The closing was at about the
highest figures, although concessions were per,
mitted in a few instances. 1t was strong and
confident.
THE DAY IN THE BOND MARKET.
There were again no transactions in Government
bonds. and the market was barely steady at these
quotations: .
,sa1 cSn s cur g: $50 i 1872
unueu al poi Inn. L s. cur IS 1897. ITO -.
Ts.:l Is07 1i H i 10
The business in State issues was limited 70
small sacs Of Arkans Pa Is assuf Sai 1% at
am3 FIa and of Tennessee settlement 6s at ! "a
Railway bonds were in demand and the i moye-
mia and Reading incomes advanced ia per
cent and general As closed nearly per ceNo
higher. while the deferred incomes gained 'Lc
roso as per cent to 81 ga. Northern Paclnc
consol IS gained 5-s per cent at 40 IL. New,
York and Northern SECONDS rose ron IL, % s ~
NOT satisfied Texas and Pacific issues closed
with advances little short Of per cent ,, me
closing strong at generally the hlen.st re III
Reference is made to our full report OF Dohd
Money on call ruled at per cent. but late IN
the day small business was zone h az pgt who
had expected to secure what they hee"eu ~
about per cent; .. .oo o ,oIlo,,,o
Tie Clearing House statement N"e 90
Exchanges. $l2G,441, 797: balances - ,sgi ,o"o;
rho Snb-Trcasurv to-day was debtor 70 thc
Clearing House S,277. The business OF the
S', Trcasurv for the week ending tonight IN
Nudes receipts of 81 6.3O4151 and payments OF
3i6 l3613l leaving the general balance Slls,
tzAf77 against S1lA,106,937 on December :,
an trent loss Of SlS2,5sO But dcducung
S sror ,r psvmcnts S2,3l 600 and from tie re-
ccints 90 > 900 for items which anect only us
nuts with the general Treasury, It's loss Us
1t coctinr the banks is SI0O,5S0 This result m
oi'dns receipts of $500 600 for payment at other
points ,,oa. uocoin,s 60
igsS. navments. 50 POI 300. with balances of
q o. sio5js coin and $j114,sl9 CURRENCY
JLe United States Treasury at washington re-
ceivcd to-day $l13,39j National hahK not~ LOT
Thc customs receipts were S7ol,2l6. the inter
nal revenue receipts >. II ,'o0 dn" '''0 "'''O'"
renus receipts S2,O,s62. .. .
Today's Washington Treasury statement OF
c.sh ON hand and deposits in banks compares
,yiih fbe figures Of the last previous statement
as follows: n,,o..ooo
v cold Oh hand 1924 sci o2o e12i sosio5 Inc sS2ioC
N OF S asad 43s "a 1861 1860 bSe Ps
Actunl cash In The
Treasury vaults
oSe ogta"o"s s1sI 5o7 ao sgG 9sj 81 Inc s5sG7s
peoosits i'm bink 1l,O0643O llI2@o59 Inc Ip'ooo |
-, ,sn hal slto5I8 go l47,4ossi5 Inc. $500 1876
Tho foreign exchanges were quiet ana strong |
of commercial bills were sufficient 10 |
InIsv shiplncnts Of gold until some time neA'
,ao,, Anpendcd are quotations for actual dust |
w. pnnnIscr. bills 81 s. 3-4aSl 80 and ~ = |
e ieaS l and short sterling respectively; French |
francs BIS rs and 5l6; reichmarKs 70 TX
III OK "a