New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-03-08
CLOSING PRICES OF boston STOCKS.
WHAT WAS DONE IN STOCKS.

Spocu1ation in stocks WINS affected by variety
~ contradictory Influences to-day. In the early
DEALINGS nrices were weak at further declines, but
the closing WAS strong at generally large 1rac-
ton beyond o full recovery Of the losses lie
first movement was apparently due to fears ABOUT
the railway and monetary situation; the 'eco'',s
was caused, in large part. by rumors '''i, '",
Government had negotiated i'll Europe q saie U.
$50. OOO 900 per cent bonds. IL Is possioc '''''
a mistake was made in the amount Oh inc i''"'
There can be no doubt about the anxiety OF
bankers of every nationality to secure q small
mart OF loan which would b. absolutely sal,;
10 foreign houses an issue OF o2hus oS r,c r,ont
States must be a welcome least: LIZ u's rho
necessity for such an issue Is not plaih Inv ,
stock of gold in the Federal Treasury mas nor
Iecn reduced TO such point that nters'.neaI,1ng
bonds should be issued TO SUPPORT ras reJurcd
~ one-half. there would really he no doubt aoou.
the solvency and honor Of the tnted states. AZ
the same time it is the old story OF .me IA 'hs
money if the bank did not have It, lhcre Is d
roint in the reserve where public conhdchcSS
may he disturbed Where ~ Is mus, "r notice
however, that for nearly quarter on c'h' Tho
Wall Street has asked relief by begging the
Treasury to buy bonds, and that now 1t prays 'or
The stringcncy in rates for call money was
relieved in the afternoon by the hope that the
sl;oht rallies' closed practically at the highest
points for the day Final changes were gam: o.
about | per cent average among the active
stocks. and exceptions were infrequent mo
most active stock and the most con,plchohs en-
ception was Sugar Refining IL iem a"onn hat R,
the extra dividend would he 10 per cent r'9ancl
a large part Of its early decline IT closed WIN .
loss Of about per cent mt anu s'F th~ COMPANY
that the earnings had been sufficient 10 leave over
S. 900, 900 in the treasury after this extraordl o
president OF tho company said that while the
Quarterly dividend might be raised to per cent
an extra dividend was out Of the question. m,-
other exception was furnished by New,lEngiann'
which also lost nearly per cent on seliins ap,
narcntlv for the long account. In the general
market the buying toward the close was to cover
previous sales.
THE DAY IN THE BOND MARKET.
A sale of an odd lot of coupon As at ll3 had
quotations were unchanged as follows:
Us.ssIssic.L rs Gu; o.. q. i ,soS i io; "
4: "; & +. f.; fl
Among State issues, Tennessee settlement
"a were pressed for sale at define Of 30 rr
bank stocks Market and Fulton sold wv a'
23G, and Ninth National W at l2o. ho,ds
The rhS reeored no %sw w '9
900. AGAINST about $1,500,0oO yesterday, pai
value The movement OF prices was IrreS"3''
INT most OF the speculative issues recovered thc
lnsse, suffered yesterday. Of the Reading ISSUES
first incomes closed rs per cent higher at As 90;
second Incomes IL higher at 80 IA. and tlird
incomes / per cent higher at % Ia Chicago
and Northern Pacific hrsts and Northern facinc
5s Gained ! per cent or more. General E,cc'ric
IS rallied 5-S per cent to o. 1-s. ne de-
clnes were rarely above per cent. Reference
is made TO our full report OF bond sales.
The stringency IN the money market was ny
long maintained. Renewals were made mt 3oa4o
ner cent and considerable business was done a'
n prrmium Of I.S per cent: The early ue,
mand was satisfied without difficulty, and toward
the close balances were offered ut per cent
The Clearing House statement was as follows
Exchanges. 81 80 07O, $40; balances, -, 600, 060
The Sub.Trcasury was debtor TO the Clearing
House S520?o6 It's net loss on balances was
a. 5I5. 100 made up by losses of S?.30l ,2sv IN
coin and 81 243,96l in currency. inc days
cnerations included Receipts S3,1l54iG: pay
mrents az. ego SOC /; resulting in general balance
~ Si OF .GO3 402 consisting of 76,6S2,SoS coin
and S2522O,634 currency.
The United States Treasury at washington re-
ccivcd today SS7j,5el National bank notes ior
redemption The customs receipts were Soo1,;
ae3. the internal revenue rcceipts S'4o'o''' anu
the miscellaneous receipts S27,230.
Toalay's Washington Treasury statement OF casn
m hand and deposits Ia banks compares With the
figures of the last previous statement as ioliows'
hand MsIcs Se sssH Zoo 1ne s57sSS4
sss ssszscss 2s:GIls Ss ssGss
Ia Ia