New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-10-14

WHAT WAS DONE IN STOCKS.

After the holItdJ the market assumed an
appearance Of great esength ana joyous
courage London was reported TO he large
buyer in consequence of the higher prices for
Argentine and other South American securities
1t is a logical conclusion that if European in
vcstorS shall he ablc 10 save something from
illusory ventures, they will turn their attention
TO the substantial advantages offered every
where in the United States. In the last two
years it has been demonstrated clearly that this
country is amply able t. take care Of itself. The
securities which have been returned from Europe
have been accepted without hesitation. and in tho
same spirit gold has been furnished literally in
exchange for them. The Barring failure was not
caused by improbable Investments north Of the
Isthmus, and although il undoubtedly a
severe hurt 10 England, II was not check 10 the
lion Of time when European confidence in our
securities will be fully restored. Then the buying
will hc even more persistent nnd energetic than
the recent selling IL IS possible that the change
in sentiment has already SIT in, but speculative
signs apt to be unloading and perhaps the
buying for foreign account to-day was on orders
from New-YOrll
The highest lrlccs, rs rule, Were recorded in
the early dealings, AMI the closing was not
strong. although tie final variations were
generally advances 1t was affected materially
by sharp break in England. bu. that may
have been, less than the recent rise. merely
the result of skfrl manipulation. The ncyt
most active STOCKS were DiStilling and Cattle
Feeding and Chicago Gas. and il is difficult to
rec how the price OF spirits the Chicago
curlles can DO influenced DN any fate that NAV
hcfall tho New ENGLAND Railroad. As n group.
The granger stocks were atgrcssivcly strong on
buying for bot'i accounts. The largest advance
made by Western Union Telegraph in rfspnns,
presumably 10 proofs Of its growing bust
rces afforded by lis annual report
THE DAY IN THE BOND MARKET.
There transactions in Government bonds
at the Stock Exchange, and The market was orly
steady ut unchanged quotations as follows:
Us 4.,1sol con: scgrcsisoc. iGss ". NC
tn"ed At per u.S.cuf.G' 1897 112 -.
He CO.. 'iss 5,
Among State issues South Carolina non funda-
bic IS were active at "a and Ia, but the
closing figure showed small gain from Tues
day. The only other business was in South
Carolina consol 4s at 90. There were no sales OF
civ bank stocks.
Railway bonds wore in better demand and
CO sequently the movement Of prices was up
ward Atchison incomes gained 3-S per cent AZ
50 and the same fraction at IS l-2 for trust re
CENTS. Erie second consOs were quiet, nut IL
per cent higher at lO7. Reading incomes adj
vanced n large fraction, although last prices were
not the best The business included large
variety of issues. Reference is made TO our full
report Of bOrd sales.
Money on call ruled at per cent. but a few
loans were made at 4 10 per cent ana as hiGh
az 6 per cent. - - 80 flio,,.
Tho Clearing House statement was as follows
Exchanges Sl4S, 307,350; balances, $50, 80.
Tho Sub-Trcasury was debtor to the Clearing
House Ss60,507. Its net gain or lahncc WINS
SG25. 5a4. made up by increases OF S2St.l'" III
coin and s34O431 in currency The days opera.
,inms "' Included: Receipts si,7G7 Oi9 PAYMENTS
S4I4O465 resulting in ec"cral balance :"
SIba5s9.o15 consisting Of S114,1743l3 coin ana
x10 Al 500 currency. 49,
Ike United States Treasury at Washington re-