New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-15
LOSING PRICES OF SAN FRANCISCO STOCKS.
WHAT WAS DONE IN STockS'

Tuesday. November l4-p m
The stock market remained Gun anu me-
MAY and in the main. fluctuations "c''
trol,ed by the operations OF professional
There ia no real life in spccu'au''' "
uncertainty about tariff legislation II" ''''
strlcts all branches Of business
.,,.,,ors iron, tho mercantile district were hea'u
today but fortunately they were not comm ''''
They must have sprung from the not UNI
ar,,barra ssment of the Thurber, "hyiahd Oo"'
~ Al the same time I; ought to b" PLAIN
"a every one that the period oi eA'e"''o
a,or Money Is so easy at present that SOUND
o,cerns can experience no difficulty III op'"
to- oil tho accommodation they need. Inc UNI
healthy firms are the only ones VIM" W
nossiblv dread an easy condition OF the money
,,., The city banks have carried them
FOR several months simply because tney hAu
- other course to pursue. To have refused
x.ars,op might have caused trouble, at l""S'
,r sorne AZ the Clearing House banks Heh'r
o,o. issues of loan certificates by when 'he
dioic,,tv was obviated. The banks have haui-
d.tad their loan certificates. and they are now
so strong as to De able to insist that 'ne''
customers should show something among "'"'''
able assets more tangible than the niohc.aaS S
s,ringency The cali may not in every Case
The nrices Of stocks were influenced chiefly
by professional trading. Chicago buiili's'|"t
and Quincy declined on the anhoun, t,i a
az rcoriar quarterly dividend. and WIN so
rn,cb sIacritv th,t n reduction In the dlVldehu
rate might have had the same eject; me ~
noin:men: Of additional receivers OF Union "a
cifc which gives the Government p'dc' 'O,
tro NJ the property, did rot save una st"'k
from being both dali and hcaVy' n I,n l.,' ~
about Y per cent in LouisVi''c ana ->a a, m
sugyastcd a quarrel in the board OF dircc'o,,S
oveT tho proposed increase In the capital stoch'
while the weakness Of ST. Paul couid no, nav
hccn caused except by selling for European az
count The declines in stocks mat nave an ~
,.rnat;ooal market furnished the only prom
nent feature Of the market. The selling %.
foreign account was continued an" nF"'. -
this Influence there only the buying ioT
speculative account. This was nct SUFFICIENT 10
offset the selling and consequently nnai vaIi"-
tons were declines. In The Leaning s.Ic s.,
these were fractional but in spcciaiucS anu ~
stocks that are not usually active thcy rahscu
from | 10 over per cent The closing was
hcovy and generally at the lowest figures a
few stocks in which the uahsacuoH" "''' "e"'
recorded email gains
THE DAY IN THE BOND MARKET.
The only sale OF Government bonds at the
stock Exchange was 800 900 extended Is at 95i4.
Closing quotations were as fc'iows'
u :. 81 "a "a 49, IL S;s.s%%%. i:s5iS=
~: SS7 Isxi2 IL IL vssarS. issli
n ii .ccl iS q. , ia".ii1is lie
Amonu state issues Virginia funded deb; %
or nonts RI 1901 were moderately active around
| s2% or city bank stocks Fourth National GOA
| (20) at 200l. and 200. -
In tho general bond market there was con-
| s,derably improved business. although reported
transactions amounted to lees than sl.25o,O)o AT
| lace value The movement OF prices continued
| IN he Irregular Atchlson 4s were apparently IN
| demand and the fraction higher at 70is but
| "a" seconds ct 37la lost II per cent. Chicago
| and Eastern Illinois general IS were quiet. but
! N PEI cert low II at 81 Northern Pacific cchSoi
| Is fell "a TO 32M and closed weak at their lowest
! figure Louisville. New-Abany and Chicaso
| consos were comparatively firm ut par. the
! hichcs, price they touched yesterday. Phill-
| delphia and Reading general mortgage ~ adj
! vanced !, per cent TO H. but Of the incomes
4 0rsts declined Is to 81. and thirds. which were
| more active than the other issues, closed abso-
! jutelv without change. Texas and Pacific in
| come seconds suffered n fractional loss ut 1879.
| Reference Is made TO our full report 81 bond
| sales.
| Money on call was In excessive supply at IL
| per cent. and good part OF the new business
| was done at per cent. There was little doing
| IN time loans but offerings were liberal
! The Clearing House statement was as follows
| Exchanges 500 s29,S 81; balances. s62i5S92.
| Tho S,b-Treasury was debtor to the Clearing
| House s107.S3S. Its net gain on balance was
| s5SS O53 made up by a gain or sI26.2n In cur
| rency minus a loss of sl3SlSS In coin. The
| 100 operations covered: Receipts 81 300 55l ;
| naymcnts $2.721. 43S. resulting In general bal
nnce of ISL S07 S13 consisting OF so8. 1928 coin
| and s231S4.945 currency.
| The Mercantile Safe Deposit Company Of this
| o,tv reported silver bullion on hand. against
| which it's certificates are outstanding, al l5j3i2
N"ncen. The deposits to-day exactly balanced
IN, ,hc~e vas good demand for remittance but