New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-02-09
CLOSING PRICES OF BOSTON STOCKS.
WHAT WAS DONE IN STOCKS.

Monday, Feb. 8--p. m.
Wall Street admired "a mastery manipulation
to-day II saw a stock market which mysuned the
sbrewdest and besi.informed observers; whlch
oave total transactions Of more than 100000
shares. and made four stock contribute nearly
half N the entire amount, and which added LA
g IA noints to the prices Of the stocks which led
.ho movement. 1t ended its business day without
any official information that would modify us
wander at the ability displayed. 1t is donptlni
70 the Street has seen an equal TO some OF the
remarkable features Of the transactions. Col-
natent observers estimate that a non-divldend pay
inc stock like Philadelphia and Reading was ueai'
IN IN the amount of over 10000 shares III 'esS
than ten minutes after tn opening, ana tha' mort
tb.p 100 900 shares changed hands IN nail vi
hour At the close Of the Stock Exchange Dcl"-
Iackawanna and Western showed an adj
vance from Saturday noon of q IA, Keadihe vi >,
ron,raI ~ New-Jersey 3 - and Delaware ana
urdson "a per cent. The scores of stocks which
oon+ributed n little more than half Of the entire
,..dirc with some diflidence made fractional
gains. ,,;a
Tho hull riot in the coal stocks was accompanied
h,. numerous stimulating rnmors Patient anu
20 ;nve.tioation could elicit little mor' than
,Io cact that nothing had been done-outside oil
w.. a,oo, market. But it il believed that the
,rolIipo interests in the coal companies are iula
,,oniroI that a stop shall he put, Dy sor"
Eio 10 the recent cutting OF prices ,hnI
.Ho ienoraliZing practices, when nave ro""
I'm connapirs Of profits NaflousH ma
wv i,d nt from Sj,O0O,000 TO S2"'oou,ooo;ua
UNA 'rle success of such n scheme, prLd
Ncii' i,cd mo- SERIOUS hurt 70 The puplic, M Hu
~ lhnoiroIJ. commended But the plans py VIII,
ne p'ii'is s,,,',unation might be reached are H"H
iHav n in the case Of railway cGmDihal lo r.
jcc'i,,,"nces not always provided Tor u, IL
cOI'iir No combination can resist .nr Ii,
n ~ lr,d, and 10 corner IN s'ocNs ra,nium
" u,rln,StabIe lacllawanna comman"e9 q pnrnin@
II ph - per cent for use IN me lloln NORMA
as mn tccl, was loaned at per cent pic.iiuHi
NJ rocns.i,irs Of a short interest WIZ ot 20. in
l re i.' bore but the wonderful advances -
ieiiecUI ,ocks i'm the last few days, IL ASH" ie,
til' con- go than the result OF severe immnt;nn
10 w n'' ,on,.rlably rapid rare OF ah'icip snh
snow q ., y Of the profits which any e"id
" ~ deai" among the coal masha,cs
s'th''"i ,1, cour,c Of the year. -, of ar
DIN ~ ,ocl- second on the LIST III P1ln,, nar
u" Nao = rio common, which rose aoouo o,.;;n@
tlNi'S TT ~ poSitiOn ~ properly mp mp was
GEM; ori, If generally increasing p"Sili'S come
on me .hn iracuatvc sympathy when l,i" ~ coaI
addca ~, IL any material Improvement !" hclr,ed
10 J. '''' p.rl,nps that consideration az Ss,,yorl,
matters. C0ntdrio and Western ana New, and
NeW- ~, rnoIand to their advances oi Rich
ana Ne" ao,t respectively! The rise III Indy
II - Taim,l doubtless foresladoMs ~ ne" TX.
nond ,n, ~ the plan Of rcorgahihH',I., with
,;S,rssulsrty attended the general s''' n'-