New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-04-13

WHAT WAS DONE ~ STOCKS.

Wednesday April l2.-p. m.
The course Of prices was reversed today ou'
the character OF the stock market was nor
changed The opening was. at least. steady but
the first movement was downward, even II ~ was
Irregular. Sugar Refining in which the transac-
tions were nearly one-third Of the total business
barely saved itself from falling TO par, but in the
afternoon dealings the recovery was rapid ana
PROMPT and after sales at ! o.. the stock reccded
only IL per cent, and its final gain was over
Der cent The only other active advance was IN
National Lead. which, after 80 l-2 and AZ, also
closed IA per cent below It's highest point with
relative gain of nearly per cent. Ihc author-
ship Of both movements was wcll-known, ana IL
was manipulation rather than conditions or IN
vcstment buying which controlled them. SECOND
only to Sugar Refining in point Of activity was
Dstilling and Cattle Feeding, which fell TO
% IA. and az % suffered a loss Of ia per
cent The annual meeting Of the company was
held at Pcori; and. Of couIsr tho proceedings were
kept secret Rumors Of an issue Of bonds were
supported by the decline in tho price OF the stock,
but the question instantly arose If the company
really lad anything beyond good will which
II could pledge IL >ccarity. IL that should happen
To lie ali IL may be SAT" 10 assume thH' ne ciI'Hc
issue must be taken rs insd" interests. II Is
hardly possible that tie present speculative sup
pcricrs Of Sugar Refining and National L"ad WIZ
return 10 their old favorl;e. mo thicc most
Industrial group. and they did not NOV" ia sympa.
thy Final variations usually were divided out
the advances We're more numerous than the ,c-
eiincs, cvon If they were not more significant oh
both sides the largest changes We're III either IN
dustrial or special stocks. y sudden ial Of aDo"t
. per cent in Pacific Mail might be Offset Dy "a
rise OF ? l.? per cent III Manhattan. In lie rail-
way list neither the transactions nor the varia-
iOns we're worthy Of Eotc".
Genera conditions. indeed, were not changed
The closing PROBABLY was Influenced by the be-
lnf hat M
made this week, but the foreign exchanges W''i,
firm, and an urgent demand for remittance would
result in continuance of the outflow OF the
precious metal
THE DAY IN TIE BOND MARKET
There were no transactions in Government
bonds at the Stock Exchange and in ton" the
market was inclined TO be weak. Asked prizes
for registered As were lowered IL per cent. liie
closing quotations were as follows:
u;gss s%' l 4; 5: cur CUE g. !sss "
YEA. Is> s s Cue: Iss3I 49,
T 81. H. i a.; iso'iii IL: D. '''''
= State issues were neglected or city bank
stocks Corn EXGhIss sSIl 'a5 aa at nv Which, a
We're rather larger than usual, are reported III
another place: - - r,., ,,o,o
active bnt the movement Of prices was down
ward although final variations were dividcd. Inc
most active issues were the weakest ones Atom,
son A. recovered the los: Of ID pr pr cent s"Tfa
YESTERDAY, closing at :? j-s. ~ the i'hlad"pni,
and Reading issues the general - advanced -
nnr cent TO ~ and second incomes rallied "a to
s. Chicago ana No''a~1T l Iarc psc n
"onsol - closed the same fraction lower, az
70 10 Richmond Terminal Is lost l-2 per cent
i'm Mace of a gain Of Ia Yesterday Wabash
seconds ended at declin" OF per cent 10 ~
Reference is made to full report OF bond sales
Money on call wa, in abundant supply a'
Aoi1p nor cent and in the last hour, when the
demand had been satisfied the rate ieii 10 ) -
per cent. .. o M t,uors.
EXCHANGES Sll',3l 5,06s balances S",o'@;oso;
The Sub 1rrasIry was debtor 10 thr CearinS
House Sgjt 735 Its net gain on balance was
edo 03i made up by gain OF ~, ll2,2?o IN
CON minus a loss cf S546.is0 in currency. mo
J Jous nn"rations included Receipts. S5s4ho1!
u naymcnfs. e3asI.O2l: resulting IN, a general
balance of So?.990,l!j. consisting OF 9'"'o4''''o
coin and Slgg44.113 currency. ill.,,
coi ar Tre.surv bou ght $1,000 ounces OF SILVER
i,;nr ~ s3 - and $3.50 cents an ounce" me
,Y,inos were ?11 600 ounces, mt a. usual, we
nr;ccs OF those which were r"lect"i woI' no ''
ppnblic Tic Mercantile SAFE Dcposi, ,"''p ;n.,
" this ctv reported silver o"!o', VI, "''' 10 81
W ~ ;L c.,ti:cates are outstanding, ~ Aoo'oii
ounce n ,.ni,cd States Treasury at washington
lir to.day So9G,3S7 National bank hotes LOT
reasmp'on receipts were s7o376. the internal
,oven,e receipts $S63,A51. and the misc"'ianco"s
receipts Washington treasury statement OF
iouas hand and deposits in banks compare.
cas, on " Gcm,os Of the last previous statement
rs follows; IN n,rs,.,ce.
.., hand S ;s q ,r' S' g. :sssSs
S.s I:s:ls'ne:'. astsssss ls.sss7ss o'c' o'as's