New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-10-18
CLOSING PRICES OF PHILADELPHIA STOCKS.
WHAT WAS DONE N STOCKS.

;.
TIN, stock market ,yas reqctionary in tendency
today As i, has been largely the product OF ma
nipulation. only those persons in the councils of
the bull cli1ucs may pretend to knowledge OF
whether the setback shall he more than tempo
rarv The trader, who sold stocks in the after
noon profcsscd 10 have detected evidence of reai-
cations bnt there has been such marketing OF
holdings as would demonstrate that efforts TO ad-
vance prices had been abandoned more than tenn
porary For practically all the important shares
the bct prices made at the opening or with
in the first two hours of the session Inc early
draiine, were marked by activity ana even buoy
ancy. the buying spirit being encouraged oy pet
ter Lonuon quotations. some few foreign purchas-
era weaker sterling exchange and reports of fav-
orahln grain and tonnage movement Inc new
and higher cast-hound freight tariff has been IN
operation nearly week, and yet the railroad ship
menis out OF Chicago la't week arr reported AT
71.2Jl tons. asainst 400 tons in the week pre-
viogs and j6,ji6 ton, in the corresponding week
q, year ago The foreign exchanges weak in
tone simply as the result of higher rates for money
and the money market in London is hardening to
q point where it is suggested that an advance will
be- mad, in the Bank of England's discount rate
Th.' speculation still runs largely 70 New-lork
and Ncw-fnyand. which mon0pozcd nearly one
fifth of TN, DAYS dealings. Reports of a pending
deal" seem to- grow thicker with every emphatic
denial that is obtained from the officers Of all the
companies whose names are used by rumor-inoh-
ecr9 Vet the hest price of observation-disclosures Is
was mad, reht after the opening although even
after decline t. 81 IL, the last price scores
net gain OF 81 PER cent. fIhLldcipilla a'i,
Ecadilg was also active. but from - 3-iao9 ii
the stock fell 10 5saJS IL. Chicago Burlington
and Quincy ,old at 1903 j-sal02 l-2alo2 a., pnt
held net gain OF > per cent, t9c 9tner "esi nv
] hahn. fr lff
tlcrs' and Cattle Feeders retained it, prominence
with gain of nearly per cent, ana chicago ,ras
is nearly one point hshcr lhge was Ire. , sei nn
of Northern Pacific preferred all day, ana the maj
| loss wa, more than per cent iernaps th,re
would have been no explanation asked Tor Inc
wea neTN n tins property !, tnr stoch ,' n%' H., t
decline today could not have been more than co.
incident with the meeting OF directors TO discuss
the forthcoming annual report: The only other
important net declines were IN Louisville ana
Nashville and Western Union Telegraph.
The late selling in the, market was almost as
unanimous AS WAS the early buying. The closing
was at about the lowest points and heavy.
THE DAY II THE BOND MARKET
Small sales OF Government coupon ~ were
made, NJ the bid price The market was firm,
the bid prices Of the registered As being raiset,
is per cent the asking prices advancing, \ per
cent The bids for some of the currency ISSUES
wcrn l-Sal-i per cent higher. Following are
the reysed final quotations.
tifnt led 'S'i f p sca:Sissa5 i lS,.
SS5 ss I, Hes s |sa ss,is
In State bonds there were sales Of Tennessee
Settlement g a. ;5" atasf IL and 4 saIss as
C25, ut Os and Western National 90 at l@s
\ fairly active business was done IN the gen gen
| crnl bond market but prices showed considerable
rreguarity. Northern Pacific consols os were
pressed tor sale and Gu ell down l-@ per cent at
q, Chicago and Northern Pacific irsts losing the
bcnturc IS tell IL per cent TO LOG - and Chicago
and Northwestern extension Is declined per
| cent to 90 - There were fractional reactions
| in n number OF the more speculative issues Phll-
| ndaphia and Reading issues were stronger. the
| second preference incomes gaining IL az ~ and'
| the thr Is 3-S per cent at o3 IA. hcIinond
Terminal collateral trust IS advanced IS per
cent TO 80 IS Texas Pacific iirsts rose 5,s per
cent to 81 30. Wabash debcntnrcs, series b, are
up 7-S per cent az 80 II and Union l'aclic coll
lateral trust notes are - higher at 90. Refer
| cnce il made 10 our full report OF bond sales
| Money call was in active demand nj 6a1 per
| cent and few loans were made below these figures
The late offerings 1T jai per cent were without
significance as the inquiry had been satisfied ut
| higher rates.
| Tho Clearing House statement as follows:
| Exchanges. So007?,3s2; balances, S5,316,0li:
| The Suh-Ircasurv was debtor to the Clearing
| House sos. 1908. It's net loss on balance since
FriGoy WAS 500, 039. made up by Losses of Sjl3,
o. in currency and SlSi,sil IN com; Tie Nv
| days operations included Receipts, S6,66,:936
payments 81 1868, $40: resulting IN general bal
Inco of Sl23l51,052, consisting Of 81 l37O4,30S
coin and S9i53,64i currency.
The Treasury purchased 100000 ounces OF sll-
yer bullion ai prices ranging from $500 To $500,
| out of total offerings amounting to S4l 900
| ounces.
The Mercantile Safe Deposit Company reports
silver bullion on hand to the amount of lsl2,IiI
| ounces to secure Outs anding erthca'c.
TIE United Sra'e, Treasury az Washington
received to-day Sl0O,3s2 National bank notes for
| redemption. 49,.
The customs receipts were 81 ,l2l 1927, the inter
nal revenue receipts S743,311, and the mlscelan-
| eous receipts Sl450iS. =,
To-day's Washington Treasury statement OF
cash en- hand and deposits in bank compares with
| the figures of the last previous statement as
! follows: o,oon.
No, ,od on handSi22 1913 i 8i23 ISL 1890 SOB
| Nct silver On hid. 30sG,65S 31l9,t75 Inc. 32SiI
Net legni tendcrs
on hand ~. 757o.325 S3l or Inc. co3 7j2
------------
Actual cash IN the