New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-03-08
CLOSING PRICES OF PHILADELPHIA STOCKS.
WHAT WAS DONE IN STOCKS.

MOnudE Mdrcn - III
The recent confusing movements in the stock
market continued to-day, but there were,
not lacking indications that the task Of manipu-
lation was becoming more difficult. There was
2 recovery from the decentralization Of the last
hour on Saturday. but the session ended with Il
rctroarade movement in progress. shrinkage
in the volume Of business from recent records
was simply significant of a cessation Of clique
supporting orders. II may not fOresladOw re-
versll of these orders but il is certain that there
is no public interest TO sustain values. nuin-
Der of developments might be mentioned t. ac-
count for the unsatisfactory results Of the day =
opcrations. but the character of the speculation
is such as 10 leave 10 need for explanation. lhc
sustained activity Of Reading and Its persistent
decline thc net loss to-day was more Than per
centj il eloquent only a. one reads the lharkel'
There were vague limitations OF forthcoming
news adverse TO the coal cont nation but IL wa
moi known before the close that an action had
finally been begun in the PENNSYLVANIA courts Ia
tcst tne legality of the Readings leasing con
tracts The only word concerning the Attorney
General of Pcnnsy NanIa was OF WISH 10 thls
CITY which has heretofore refused 10 dISpu'e WIN
Philadelphia the honor OF Initiating ire coal nral.
The matter OF moment is that the question has
AZ laet found its way into tie uncertainties VI
litigation. " ,,a.
in Congress of the attempt to defer the consdera-
ton of the silver coinage question: nv pr"SP1'
T. agitation, rather IMAM Any lc"i '''"' ~ -
n.inistration will yield 10 silver clahor, suppheI
ibn noint 10 this news. A small engagement OF
cold for clpor, could hardly I~ created wi'h
esect but conservative meG have begin 10 wsIlcf
how. nu,h longer the money market can IcHiaih
Indifferent 10 an increase OF speculative loans VIII
bank reserves are falling oil. On thiS arcoah.
SATURDAYS bank statement persisted as an elemeh'
O. some sOc,tudc. . ,
There was no regularity to the days "pecula-
ton AXE Shore rose l2 per cent from Satur
DAYS close but subsequently lost nearly al the
cain Chicago and Northwestern retained prom
hence but after a rise to I2l j-s, 1t iel 10
100 is. ST. Paul promised dividend whrn II
sold AT 80 S. but the prospects were DUBIOUS
nhon 1ga1o IA was recorded later Ncw-lOrK
ard New England held the second place on NE
list in point OF activity, but il was sold stcldll%
frnm 20 l-ia50 IS h. 49a49 l-2. The refuSal
OF Mr. Corbin to serve president or director
was officially announced, confirming recent reports
Of discussions. Tie qualification at the change
which this implies that will he felt by the con
trolling elements in the property may offset me
shares Jersey Central with break OF per cent
MAS closest to Readings loss. Delaware and llud
son fell from 1iO to l37, hut closed without
change at 1873. Delaware, Lackawanna and West
crn in the last few minutes broke preclpiiateN H.
n iut lis recovery 10 80 3-S was as rapid, ana
tlc n, 1 decline was only IS per cent.
HE final losses of The day were not matera
rs rule. but the recession from early high points
was con. iderlble Without showing vitll change
IN its nature, the market closed at Irregular
prices. and in some disorder.
THE DAY IN THE BOND MARKET.
Government bonds were wholly neglected at the
Stock Exchange Final quotations were I'M
changed : follows.