New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-09-27
CLOSING PRICES or pHILApELrHIA STOCKS
WHAT WAS DONE IN STOCKS.

The stock market to-day was dull ana purify
professional. 1t opened with renewed demon
stration against the short interest," ana where
shares have been too freely sold of late thcre
was material rally in prices. Northern facihc
nreferred was naturally leader in the limited
speculation and the price rose from 40 l-2 ut the
opening to 5la50 ga. The best figure was made
before noon. and it was with difficulty held in
the later trading Louisville and Nashville was
extremely scarce in the loan crowd, and a small
premium was eyacted from borrowers. The price
advanced from 65 "a Ia 81 l-Sa67. 1t may be
recalled that Just prior 20 the recent severe
lonidation in Northern Pacific similar tactics
were employed TO squeeze premium out OF Dor
rowers OF that stock. Chicago burlington anu
Quincy was another stock in which the snort
interest was coerced into covering, but, while
the quotation was carried TO 90 "a, the closing
was at a reaction to 9S Is, leaving net gam
no greater than that in st. Paul. There were Tree
bull predictions that the forthcoming statement OF
Ouincy's August earnings would show net gam
Of about S32O.OOO But the denial that the cold
weather West had produced no hurtiul 1rost IN
the corn belt, failed 10 create a broader market
for the other Western and Southwestern shares.
Sharp advances in Manhattan and Missouri
Pacific were used to imply favorable activity by
the Gould interests The character Of the mar
ket needs 10 be described little further than to
say that renewed manipulation IN the industrial
shares marked some material advances. kclcr,
ence. however, is demanded by fhiladelpma anu
Reading That stock was heavy through 'hc
inward movements in other directions, ara az
the end had scored another loss OF an important
fraction. limitations were put forward OF an.
financial statement, there being less need Ol a
lne showing since last weeks panic among the
bears. In. ..
There was little difficulty in tracing to-day e
movements 70 two professional operators VINO
have been conspicuous for some time. Bat com ,hc
advances. and London's small operations, while
representing both sides of the account, made no
change in the general International current 9I
American securities. The recent advances in
wheat and cotton have been sufficient 10 check
the supply Of commercial bills, and the scarcity
has Immediately impaired firncr tone - foreign
exchange, although strong demand for re
mittances will be felt before Tomorrow. The
market closed apparently firm, and generally
higher but prices in many instances reacted from
the highest quotations.
THE DAY IN THE BOND MARKET.
Government bonds remain neglected at the
Stock Exchange, but the market is unchanged
Following We're the final quotations:
:::i !: ii:
In State bonds broken lot of Alabama class A
sold at 100 The ealy sale In cit bank stocks
was Market and Fulton 20 at sssg .ot,vo and
higher Exceptional weakness carried the Read
ing Sd preference incomes down 5-S to SO "a, ana
the deferred incomes 3-s per cent to Is l.2, al
So r. Richmond Ternl6al collateral trust IS
are down ! per cent to AZ l-2. There was un.
usual activity ~ Union Pacific Renyer ana Gn
t sS e = sS%pashS yib Il: stock Se5ths1p
isoS 'f Pasc &c Collateral tTug p ia
cent higher at 81 IA NewYork, Chicago and
st. Louis As gained the fraction at 81 "a, and
Reference is made to our full report of bond sales
Money on call ruled firm at Lad per cent,
but exceptional loans were made at per cent:
Exchanges, S76,303, 49I balances Sj,07l,633.
The Sub-Trcasury was debtor to the Clearing
House $324,s2s. Its net gain on balance since
SEQ. $50 in currency and S3SS,l2s in coin. The
two days operations included: Receipts, 49,
e75,2o0 payments, ,$46os,Ql4: resulting in a
$l13,7 26,379 coin and Sl5,3s5,712 currency.
The Treasury purchased SOC, 900 ounces OF sil-
yer bullion at prices ranging from $3.50 to $3.50,
ounces Tie Mercantile Safe Deposit Company
reports silver bullion hand to the amount Of
l,S3O,2l6 ounces TO secure outstanding ceftiii-
The United States Treasury at Washington re-
ceived to-day 242,e7O National bank notes for re-
demption
The customs receipts were 81, o50,353, the In
ternal revenue receipts $l,2l1,426, and the mis-
ceaneous receipts S3s,473
To-day's Washington Treasury statement OF
cash on hand and deposits in bank compares
with the figures Of the last previous statement
as follows:
Sept. ~. Sept. &C. Differences.
Net gold on 9S S1lT S5S 81 97s
Net silver nd 1889 $50 312l, 900 Dec. POI $50
Net legaltenders
hand ii ,oOS,047 l1oo0,O4T Dec. $4,000
Actual cash in the
Treasury vaults
outstanding