New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-03-16
WHAT WAS DONE IN STOCKS

WHAT WAS DONE IN STOCKS.
Speculation was uncertain Sugar Refinining
remained the most active stock and after a fall
Of about per cent, 1t rallied per cent from its
lowest point and closed with gain OF over per
cent The cratic movements IN this stock have
been caused, neither BY the declaration Of an ex-
traordinary dividend nor by the high rates for
money. The interests which might be affected by
monetary stringency wero large lenders of money.
The manipulation Of the stock has been strictly
professional, and, if the rules of the stock Ex-
change did not forbid fictitious sales there might
be some doubt about the price. The anthracite
ceal stocks were weak and forced sales Of
Lackswanna carried the price down about per
cent
In the last hour Missouri Pacific fell : per cent,
and In spite of 6nsl rally its decline was over
4 per cont. The transactions were small and
owners of the stock were not sellers at the lowest
point. In this instance, Is In many oilers, the
selling was by interests which hope to make
money, BY, decline ipt prices The closing was
irregular but the final variations were losses.
THE DAY IN THE BOND MARKET.
There were no transactions in Government
bonds at the Stock Exchange, but the market
was steady at unchanged quotations as follows:
;s.ss !, sss g. 1899 49,
4: 81. $, Ii IL; Ss;;;: i;s:
Among, State issues Tennessee settlement 3s
stocks America sold l5D at 215.
The general bond market was inclined TO lower
prices. Transactions were not large, and, as a
rule, they were merely professional. Philadelphia
and Reading issues were active, but their huctu-
ations We're not wide. General As closed shade
lower at IS "a. and Of the incomes frsts de-
cned rs per cent TO AZ IA, seconds IL per cent
to 80, while thirds were IA better at 30 81.
Northern Pacific consOl IS fell | per cent to 81.
Chicago and Erie incomes sold in the last hour at
IS j-s, small decline, and at IS l-2 on sellers
Reference
our full report of bond sales.
Money on call was somewhat easier. Renewals
were at 10 per cent, but that was also the ruling
rate for new business. The extreme range was
between and ~ per cent, but last rates were
nominal at about per cent
The Clearing House statement was as follows ::
Exchanges, Sl3l ,34, $40; balances. 81 ,62l ,9s9.
The Sub-Treasury. was debtor to the Clearing
House. S4ls,017. Its net loss on balance was
less a gain of S0,l2l in currency. The day s
operations included: Receipts. 5000 1893: pay
mcnts. S3,l6s,3l5; resulting in general balance
of S0s,9l6, 455, consisting of S76,032.79e coin
and S22,9s3,665 currency.
The Treasury bought 100000 ounces Of silver
bullion ut prices ranging from 1928 to $3.50
900, but the change in the Treasury Department
has not resulted in publishing the prices of re-
jected bids. The Mercantile Safe Deposit Com
pany Of this city reported deposits Of silver bull
ounces
The United States Treasury at Washington re-
ceived to-day $lss,3s4 National bank notes for
redemption
The customs receipts were Sss3,s77, the internal
revenue receipts S26o,473. and the miscellaneous
receipts 81 $4,000
ro-days Washington Treasury statement Of
cash on hand and deposits in bank compares
with the figures Of the last previous statement
az follows:
March II. March IS. DiGcrsnces
Net gold hand sG2 62 10 sl02 s15 Inc sI27 O3o
on hand -. 22S27,s2s 22o70 1893 Dec. 157.ssn
Net silver hid. 8,1G7.55 SA04,si4 Inc. 2S7 2S3