New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-18
CLOSING PRICES OF PHILADELPHIA STOCKS.
WHAT WAS DONE IN STOCKS.


After a strong opening stocks declined without
serious interruption. There were frequent fiuctua-
tons, of course, and the closing at a rally
from tho lowest points but the final variations
were losses Tho trading was largely professional
and outside Buying apparently was checked.
The selling for European account was so much
better than the buying that tho demand for re-
mttance by arbitlage brokers gave an impulse 10
tho foreign exchanges. Fear OF renewal OF
gold shipments WAS perhaps, tho controlling IN
fuence in the market Tuesday Is rather an
early day in the week oil which TO predict that
on Saturday gold will leave the country. but the
advances in tho rates for foreign eNchaDg" were
not due wholly TO efforts by tho bear faction
! he question about the cost Of shipping gold ana
bringing it back immatcrial because none mas
returned and consequently the exports must DE
considered natural he stocks which have an
International market as class were NE war p|nI
est to-day The first prices OF AtchIson, ST. fani'
Erie Louisville and Nashville, Northern racine
preferred aud Union Pacihc were vlituali% tne
best, The comparative weakness IN these stocks
was hardly offset by advances in sugar Reinlng
and one or two other special stocks. Manhattan
Railway gained something over per cent, put
there cGmid have been connection between II
and the Sugar Rciinin. Company. The lines d. not
connect except III speculative way ana thc'
their paths are devious . - ,
revolution III Paris and of a suspension OF the
Sherman Silver law in this country Both ruinois
had probably an unsubstan'ial foundation on'sHe
the area Of partisan politics The closing was IN
the midst OF rally but in spite Of this feature 1t
not strong
TIE DAY IN TIE BOND MARKET.
Sales of $4,000 coupon 4s at ll3 "a and
$4,000 at liz IS were without effect on the
Government bond market. The closing quotations
were unchanged as follows:
Us,ss 1891 cot. rs cur.cs 1922 ios
tinucd ut per !; . cu!'os'i S Soee ia ia -''
}ss IL ;"': 1915
The business in State issues was not large,
being limited TO small sales OF Arkansas - III
aid Of the Little Rock. Pine Bnh and New.
"a and Virginia 1910 nnst rrc"ir's at 40 vi
city bank stocks Commerce sold 800 at 1913 ana
100 and the Merchants t2Gl at 49, CONSTANTLY, in.
creasine The reported transactions al III" STOCK
Exchange exceeded $3,00o'0OC aud, OF couis', 4
large business was done over inc counters o. urd'
ers which is never reported. The movement oi
prices was irregular, but generally upward Hrad-
ing first incomes gained the traction At 80 -
but seconds declined "a TO, 90 ana thirds 1 D.
nor cent 10 81 Is General mortgages ana Ge-
ferrc Ti" incomes Mere unchanged Tie business
was widely disturbed. but the final change wetc,
with few exceptions, fractional, aaEamG J >. lT''
Money on call was in excessive supp IS. The
highest rate was per cent and the bulk OF the
new business was at - per cent. ,o,,o,.
The Clearing House statement was as ioii"Ws
Exchanges. SaiG.ss ,053; balance. Ss.j2l 50
The Sm6-1rcasIiiy was debtor 10 the C.cainls
Iousc s,6sooo lis net los on n nna I was
los !. cain of SI64,6I0 in currency. HE diS s
operations included Receipts. Si,o'D,9i =; pay
ments S442e.2l2: resulting IN gcGea qa T''S enn
Of 81 ~ 2Jg O4I, consisting OF S'6to>,j'' com
~" The Mercantile Safe Deposit Company rcpoItcd
silver bullion on hand to secure ol,s,an"' no az
,ificatcs ut 7lJ,950 ounces, decIease OF oo'oV'
0u TSs United States Treasury At Washington 70