New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-03-11
CLOSING, PRICES OF BOSTON STOCKS.
WHAT WAS DONE IN STOCKS.

y.
The stock market was dull and irregular with
out other feature to-day The demand for the
short account was satisfied at least for the
moment, while the advance made yesterday
offered slight attractions 10 either speculative or
investment holder, of railway securities. In con
sequence Of this Indifference on both sides, the
fluctuations in prices were extremely narrow and
in the leading Shares they rarely exceeded per
cont In the same group. stocks which might
reasonably he supposed TO he Affected by The
same causes moved in opposite directions. Among
the anthracite coal stocks Ncw-Jerscy Central
and Delaware and Hudson lost - per cent on
sales of a few hundred shares, while LackaWanna
gained IS per cent and Reading. which alone
was comparatively active. closed IA per cent
licher. OF the Vanderbilt stocks New-lork Cen
trail was unusually active, closing at an advance
If Is per cent, but Lake shore lost the same
fraction on selling of long stock, and Canada
Southcrn declined Ia and Michigan Central per
cont, Erie was strong, but lis final gain was onlN
4 nor cent while other stocks which are largely
hold abroad were rather heavy. Louisville ana
Nashville and Northern Pacific preferred were
messed for sale although they lost only IL per
cont Union Pacific and Wabash preferred closed
AT their lowest points but their deDineS "tlc
only "a ucr cent and of the other Gould STOCKS
Western / MON closed unchanged while There was
not a transaction in Missouri Paclhc Inc Haria-
tions in the industrial stocks ana III sP'oi"i'o'
,rere without elect on the general course OF prices
The dulnces of the market may be shown oy Hle
simple statement that moh'h ago ' and t"'dav
lions were about l,ooo'ooo Sh'''' ""' '
little over 10000 shares. ...
The most active stock and the centre oil interest,"
in most languid speculation was 81 tsni, orLot
perhaps not too much TO say Una, ,h o'e sct;"n 81
awaited in a state of expectancy lne dCuon VI
e. directors of the company on the dividend
question. Promptly a few minutes after me
cong sounded the close of business az i,o M
Exchange it was announced that the uSuai uivi
dend of 3 l-2 per cent on the preferred stock had
Lcen declared. There bad been really no ie"No,
20 expect dividend on the common STOCK, al
tLovoh the earnings in the half year We're known
70 have been very favorable The action OF the
directors was not disappointment III tnis re-
spect but In view of the recent advance ~ Wv, y,
sfock The official utterance about the pasSlhga VI
tho G;,;dend ON tn. common is instructive. The
directors announced, IN brlei. tlh' tile eaInins'
in the first hall Of the fiscal year hah pee. ~
centionally large but that at the close on ohe
isral vcaf or June 80 the accounts would snow
the results Of the years business. and Tile Doaru
would then have Information a. TO the CONDITION
of tLe crops and probable earnings In the year
tn COMO 81 that il might establish rate whioh
might reasonably be maintained No statement OF
the financial result of the haf-year was fnrnlShed
'' H. NAV be inquired with the utmost respect
whether this statement may he considered Il
promise to resume the payment on aivihen na y"
the common stock at the end OF the hscal year, or
whether the question will be determined by the
crop prospects at that time If the crops should
appear to Ike a failure, would the board pay a
6ividend ont OF the earnings of the last half
YEAR The common stockholders OF the 81 Paul
Railway are more deeply interested in the coming
crop. according 10 this Official programme thah
Tho 90 Of probably any other railroad in the country
The net earnings OF the road in the SiA months
ended on December 81, as reported IN The
Tribune were s. ,O62,S94 against S5,6@",se9 In
the same period in 1890, and S5,sl o653 in 1850.
THE DAY IN TIE BOND MARKET
There were no transactions in Government
bonds and the market easier in tone. The
closing quotations were a. follows: