New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-07-29
CLOSING PRICES OF rnIIADELrHIA STOCKS.
WHAT WAS DONE IN STOCKS.

Thursday, July 2S-p. H.
The risks which are assumed W oIui'"iH -"
ve.tors in the industrial stocks were eAe"p
to-dav in the rapid and apparently irrational nnc-
tuations in American Sugar Refining s''cN' Inc
,,..nooctiors in this stock which has not Vet been
i,,ad IA the regular list, We're nearly ohe-ioar'h
of tho total business In the first hour TIE S'o'"
fall - uer cent or more but its final gam was o'er
! NOR cent This movement is what IS known III
. ..coon" in the patois Of Wall Street IL Is sup
no.ed 10 he q forcible augment ia laNor o' n'Sr''
nrices for railway stocks and bonds, ana P''' ''''
il works in precisely the opposite d'''clio"' 49,
manipulation is p transparent tha' Il tiA''u p'
interest il discouraged There is no doubt that
new BUYERS have nibblcd nj the market "'' =" .
equally certain that they VIII I've scaIeu away
,n;oss the hook is baitcd with r-orc sklifulhc'n
The fluctuations ia sugar may nav peh w
profitable 10 insiders they were distinctly an III
Jury TO the general market. .l pr.I
The closing was strong however, an, w. n',.''
variations were substantial gains inc p"S, ~
i'm many instances was principally l"r "'is I'll
account and. perhaps. Tor tla' ,'H-;i 't'rred
and Nashville and Northern racine pi''l'I'v"
cir-ed about / per cent higher ne au ia
The Granger stocks were innater"l bI' iit'ili'p.
continued 20 be- IN demand toN OVAL 'dI All
thnrn was sharp riSe in the EnutH sl"'Nn' az"
Western mon closed IA and Missouri racine
- per cent higher. An increase III t'' dl.!In d
on Western Union was the smallest '.tns ,",N
about and distribution IN STOCK "' INV ~. PaIo
oorniIra was considered almost certain me d"-
vanc. in Missouri Pacific explained less
easily bu, it is not impossible r1 rs Sy sSat com"
nnny. The rise Of = ID per cent III lackaM dnna
vas engineered by the same DroKc[ "hn m'S
Conspicuous buyer Of the G9"ih anthracite
n,I stacks had followed the same Colirse. IL
fortunately Reading was inclined 70 DE hraSI.
There we're no engagements OF GOA LOT 'A-
nov, hnt exchange OF. Europe was firm, and ship
poI,, "o ~ ahont 81 900, 900 by Saturdays steam
ships were regarded as proDaoF'
TIE DAY IN THE BOND MARKET
Government bonds were neglected at the STOCK
Exchange The market was steady al theSe
closing quotations: -. ...a
BID Asked. y ( err e. 1890 ioe ~
;s:;s a. per Z.
s$5 isa ss"'s;
Scur.ss 1885. 1907 ...- s,,.u
sat, Of Tennessee settlement 81, at concession ~
To per cent, at 10 ~ OF Guy pam ,5i ~
hanover sold 90 at 34l. Ninth l@o) al III
and Western 800 at 122 "a IL. h,,,
'I',c general bond market was rather que,, n,i'
the movement Of prices was gcncralN 9P isnee
The principal changes were made ID sI sacrcitv Of
in vestment bonds General Electric dcDcI,tIe %
further advanced ! per cent 10 Ius. s,,me cain
Kansas and Texas seconds MADE inc Sdlne DO
a. ~ 10 Northern Pacific consol % were ,he
sr.ct;on better at ~ "a Toledo. Ann Arbor
and Cadillac guaranteed 6s rose 2 per zen. 20
100 Reference is made to our fuil report u
Money on call ruled at l IL per cent
small business was done at per cent ,o,,o,,s
The Clearing House statement was S ss dSn 7So
Tho Sub Treasury was debtor TO the CleAhe
House $7I7,7l7. Its net lbss on balance WIZ
S7o,054 made up by losses of S4s,14o III , Goln
Included Incl ' Receipts sa,2ls,2l4; paymsn $;
S32s8,16s: resulting in general ns Lan -,
SIfs.5l7,l34, consisting of slOo'o'o'''" col"
an" The United States Treasury at Washington re-
cefved to-day $l92, $50 National bank notes Tor
The customs receipts were Soos,5oo, the in
formal revenue receipts, S5765o6, and the mlscei-
ianeous receipts S94.2l3. . -,
To-davs Washington Treasury statement oil
cash on hand and deposits in bank compares WIN
loo figures of the last previous statement az
follows:
az 81 "a ,5ss ss B; Ss
S ct i ssnd s27Ss2. ss4So2o Inc teeGO9
Actual cash in The
issS. s'i5 ssa Dec Dee sig isss
~. .., 10, siss e24 1893 $40 OIL 22s Inc. s7sooo2
T, ,,as an off, day in the foreign exchange
market, aud there were no orange IN ra.es h .s
VI s" ~ hysiness mo engagements had been made.
ToIiowing arc quotations for actual business
Bankers bills 81 ns S'a Abort sterling is specSelS
Frencb francs. SIG 7-s and 5l5; reichTnarks'
95 3-S and 95 ga
FOREIGN MARKETS.
The governors of the Bank Of England at their
weekly meeting made no change in Its minimum mum
rate Of discount which %"i "a s az buou but
IN nronorton Of reserve liabilities was lowered
from we to 445s per cent against an advance
from i2oi to 4347 per cent IN tine cotsesoso np
%sen .%' At IL per cent At the London Stock
Exchange British consos were nnohangeG, ,Ss
es 1915 for both money and the account ~ enc enc
OMEN market money was abundant at aoo4e ~
Der cent for discounts and IL per cent Tor oa1S