New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-09-14
CLOSING PRICES OF BOSTON STOCKS.
WHAT WAS DONE IN STOCKS.
Tuesday. September 49,

| The character Of speculation was not changed
to-day 1t would be idle to deny that the recent
downward movement in prices was due chiefly to
selling by Disconnected holders. Europe contin-
ues TO pedde out stocks, but there may be good
reasons in the unsettled condition of financial AZ
fairs abroad. There may be such lack OF con-
fdence that gold is preferred to American securl-
ties, which are admitted to be the safest invest
ment In this country, however. there are not
lacking evidences that certain important inter-
ests are reducing their holdings Just as rapidly
as sluggish market will digest the stocks
Western Union Telegraph, for instance, was ad-
vanced above par In the hope Of a distribution OF
paper surplus The advance may not have been
made at the nstigation of the controlling inter
ests in the company, but it was impossible With
out their connivGnce. The stock sold to-day
about per cent below the point TO which II was
! forced and the executive committee at lte quar-
mcnt Of more than the regular dividend. Inc
! stock lost more than ! per cent IN spite OF a
4 final rally of large fraction. Inc speculative
mot surnrsinG that toward the close Of
business it was suggested that the meeting OF
the directors might result in overthrowing the
action of the committee. The closing was affected
materially by this rumor, for which there was
probably no sure foundation. II was reported also
in the last few minutes that the differences he,
tween the Reading Railroad and its employees fad
been adjusted without difficulty. and that there
WINS no danger of a strike Reading stock gained
something over per cent, pnd in further contra
dictjon of Western Union, closed at nearly ltS top
price The Granger shares were depressed by
fears Of frost, which were so far imaginary mat
the final losses were mmaterial. The closing. like
the opening. was weak, although there was no real
pressure of stock
TIE DAY IN THE BOND MARKET
There were again no transactions in Government
bonds at the Stock Exchange, but the market
closed steady at unchanged quotations as follows:
;ass con TT ssur 1882 i iIIss
y, /! IFS: "A
State issues continued to be neglected, and there
were no sales Of city bank stocks.
There was no special feature in the general
bond market. The downward movement, which
to be tha SSs aSss1s.
wholly devoid Of meaning The Atchison issues
were lifeess; and the Reading incomes not materl-
declined IL per cent to 75~ and Texas and Pa
cifc seconds yielded IA to 30 l-2. Final adj
vances were confined TO special issues. and the
Sss P0ra ermps coss s Is Which
soli In small way at 4G. Reference is made to
our full report Of bond snles.
Money on cali firm al and per cent,
| and while the bulk Of the business was at the
| higher figure the last loans were at the lower
rate.
The Clearing House statement was as follows:
Exchanges, Sl2497e, O49: balances, $5,333,6So
The Sub-Treasury was debtor to the Clearing
House ss3o,C7o. It's net loss on balance was
and 1852, O?G in currency The days operations
Included Receipts: S2,533,5s2: payments s.
226,6 resulting in a general balance OF Sl@2,-
24s:6OO consisting Of $l12,5Sl, 100 coin and Sl9,-
| 666,e70 currency.
The United States Treasury at Washington re-
ceved to-day 81 81 1865 National bank notes for
redemption.
The customs receipts s5l 9,7s4, the inter
nal revenue receipts 1901; and the misccllane-
Gus receipts Sl4.,7j9.
To-day's Washington Treasury statement OF
cash on hani and deposits in bank compares with
the figures of the last previous statement as
| follows:
| Sept. IL. Sept IL. Differences.
Net gold on handSll3 1854 1t2lss71 Inc. S2143o
Net silver on hid 20l4,173 3,OO'o23 Inc. oO,SS
Net legal tenders ,. 90.
| on haDd...... 1879 $50 l6,S3o44V Dec l'oS''i3'
Actual cash In the
Treasury vaults
outstanding
9131 T01 .9O2 S13l O0OOf3 Dec Si3lS1J
Deposits In bank II 579S32 11,o77O2i Inc. 3'f,fJ2
|
no nae