New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-05-25
r,osrSG PRICES OF BOSTON STOCKS.
WHAT WAS DONE IN STOCKS.
"Wednesday. Max 2l-p.

Wednesday, May 24-p. m.
Speculation remained languid to-day and the
fluctuations in prices were generally narrow an"
unntcrcsting. The downward tendency was mao"
again manifest, although the closing was not
at the lowest points. With the single exception
of Sugar Refining stock, which closed only la
nor cent higher the final advances were con-
fined 10 srecialtics or stocks which were dealt
in on small scale Philadelphia and Reading
for instance, recorded gain of Il per cent
but the entire business in it was considerably less
than 5000 shares of full stock. National Cord
aoe failed 10 recover the loss suffered ycster-
day but the dealings in il were haht. Inc
active stocks were materially lower. III spite o.
n slight rally near the close The feature oil
the market-and on ordinary days II would hafdiN
have beer noticcd-was the continuous sciip9 u
General Electric. Alter touching - IL !, s"'
tanned a final loss OF > l.? per cen, a'h i, -,
il rallied 10 % -. The company mas SOU a., no
a price understood TO be somewhat p'Iow tnc
marlct quotations its entire holdings oil the SUN
of the Edison Illuminating Company Oh VIE
city The announcement causco an una Nv, ,h
imi ression because ii was concluded tnit thvI
rarent COMPANY must have been IN urgent he'u
of money 10 have parted with one oil us MoS'
valuable assets. 49,, r,n,l and
rho other stocks Affected by the piopnsed par
for the reorganization OF ina, COMPANY p;ch,nnnJ
large, but all the stocks deciinea hiVn h ,Ia
r,,Gerred from II to Il; East tennessee o0n;l,n
irom IS TO IS, and scond pirieIppeI na"n,
61-4 TO 12a4 "a. The dechhc' III nicnn nv.
Terminal ljnds were from to , Per cent. ihs
moyrmrnt fully expressed the common opinion
of the reorganization scheme, ana aitlou9n a.''e
is little doubt that the terms VIII 'm ,In n,,t
thore were rumors that opposition on Tie P'i'
of the bOndhOders might lc eNPc'" Il,
Neither the industrial nor the sprcinl So' n,
monopolizcd the losses. Stocks wiich my IN
international marhct were heavy Oh mncW'd s'ii-
inc Tor EmoJcan account, but, as fuc, '"'A
final declines wore fractional.
THE DAY IN THE BOND MARKET.
4 sale of $4,000 registered IL, at 49, was
sufficient give strength to the noT'rh, n.',n
bond market and bids for 10th classes OF Is were
raised is per cent. Final quotations wire as
follows:
RIA ASKED Bid.Askcd
US ~. 1871: T. s.c%TS iis:%Ss iSSss, 800
ss ST; ;ss5 1l ls= 9: i:s
Dis.Col.5.05,lo9i.llll2 ~
There no transactions IN S'd'c JULIUS vi
city bank stocks
The general bond market was somewhat more
active. but the increase in business was ~ i77.'
which seemed to be pressed for SAFE i!cn"pn,.
Terminal collateral trust Is further declared "Icr
3 per cent to 80, and Is lost per cent at 6i ai'cr
selling at 30 ~. Atchison As were not MA
tcrially changed. but seconds, class y, '. ! p.
cent to As, although single bond III the last
hour fetched IS ID. Phadc phia and keidihG
issues were not specially active. but inst incomes
fell cent 10 10. anu sccoHus ciD''' -
lower gt - H. The market was nearly STA!
nant at the close Reference is made u our Iuil
report of bond sales.
Money on call continued TO rule at : per cent
The highest rate was 1-2, but tins was an en-
cepional figure. u..
The Clearing House statement was as louoWs:
Exchanges, sol ,l2G,64O balances, Sj,2il,4o5:
The Sulj-Trcasury was debtor ~ the Clearing
House S4J9,3y2. lis net loss on balance was
81 1928 s3; made up by a loss Of SJ,O' DID IN
coin. less % gain of Sl,24,,6s3 in currency: Inc
DAVIS Operations inciIded: Receipts, $3,i'6,3l4
PAYMENTS Sj,3DO,l4j: resulting III general
ialance Of 81 1913 ,0j!, consisting Of SJ0,}'9'4o
coin and Sl5,D93321 currency.
The Treasury bought Isl 900 ounces Of silver
bullion at prices ranging from s?.p3 10 SO "cntS
an ounce. The offerings amounted 10 $4,000
ounces The Mercantile safe Deposit Company oil
this CITY reported silver bullion ON hand at 26s,-
04J ounces. 49,
The United States Treasury at Washington re-
cevcd to-day Sl2s,J3j National bank notes for
redemption. .., -. :.
tcrnal revenue receipts $5nJ,Glp, ana the Mis-
cellancous receipts $Gi,011.
To-Iays Washington Treasury statement Of cash
ON hand and deposits in banks compares with the
fjgures of the last previous statement as follows:
Nav %. Nav -. Differences.
Not Gold on hand 500 800 OU9 09G Inc. 1913 9JI
Me- , iaRai""" 15ol5s9j - 4ss 2js Dee. Al. j37
xc, siircr ON hand lO,OCss27 JGJc2 31 Dec 1880