New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-06-02
CLOSING PRICES OF BOSTON STOCKS.
WHAT WAS DONE IN STOCKS.


.hrouobopt the day. The real character OF the
movement. by which advances IN most STOCKS
were established yesterday. was plainly eNposeu
br tho absence Of demand and confidence Inc
short interest in many stocks having been driven
70 cover their prices receded quickly, while rea1
inc salas in other stocks were continued WITH
Greater urgency. General Electric was the Wos'
active stock yesterday. and II scored an aoNah'o
~ IA DER cent After further advance OF
Q nor cent in the early dealings to-day, inc
stock fall per cent and. in spite of hnal
rally it closed with loss of 3 Il per cent Inc
volume OF transactions was little more thah one
half of that yesterday. Another instance was
furnished by American Sugar Refining. whch ios'
precisely what it gained YESTERDAY III '"t "h ny
If reaii7ations, New England continued 10 De
messed for sale and il again lost u per cent,
q decline Of ) Per cent in two DAYS !hcic VIZ
apparently no better reason man 'na his Office
~ the meeting Of the directors when was MI.
in Roston When he surrendered tMr piesu''HH,,S
Mel cod admitted that it for the c,ompanys
Good The decline in the price of New-Ein.
land may measure the extent of the disappolh., ~
mcnt felt by the owners rs o sGat prnp on ty'
The downward movement WAS not limited nov !qH
over 70 industrial and special stocks. ne ne
Granger shares Mere IN elwanse and they lost
the O'nH r"" pcr cent, Atchi.on, Lake Shore
and Western Union telegraph wore IN IN. s ou.I
class. Union Pacific anu Inrsr Snrthcrn Pacific
nrefnrrod and Manhattan Railway fell per cent
and Missouri Pacific, l.? per ceh,. ~ due W., ~
so,,ppth;ng more important and far-rcachng thai
Ioca, and special influences. the weakness oi
the Gould stocks was cons p;r Gs, nrces We're
aLV 80. "a the last ones were nearly the poor
est An exception TO the epnerai trhae'icA vi a.
afforded by Distilling and 'atiir oain ~ -
~ cont This advance was in spite OF inc re-
hort that the new bonds had been oIerru ~
Chicago at 80 without takcrs V ths, the Officers
- Tho comnany were at tn" end OF their rope.
M but the expression was regarded as metlphori
cal. In general, INC Gios UNI c ~,
, THE DAY IN THE BOND MARKET.
nu- oro .rai, no transactions in Govern
MANI bonds AZ tLe stock Exchange, but the market
was firm in tone at unchanged quo'a''o"' 10
follows NJ. ..s,
os Continued at 5 cur IS s. l ss9is So:
E per 'f iS6, reg sal II . sos az
D pst 81 s 1884, i sSiil2f i IL U.s.
State issues remained wholly neglected. ana
there no sales OF city bank STOCKS, ,a d.vo;d
] Tie general bond market was dull ana devoia
~ spccial feature The small business OF dpou,
800 900 at par value was DISTRIBUTED wlueIS ' amI
while the movement of prices was lfrcsuia niI'
|
son general IS were ia per cent . nlE tr,n,;or
| 81 81. and seconds class A, gained the traction
at 81 3-4 Philadelphia and Reading Issues sues
! moved in an uncertain fashion. ben'rai ~ io'v
"A per cent at 90 "a. and Of the incomes hrs,s
were unchanged at 30. and thirds az -: w,li"'
seconds advanced on fairly large transactions
per cent to %, and deferred incomes icIl from :.
/ to - Reference is made to our full report OF
bond sales
Money on ,a ruled at per cent. but con
siderable part Of the new business was zone at
, Il per cent. .ouo,s
The Clearing House statement was as follows :
| Exchanges I3,G23,482: balances, 80, l1,14s:
| The SIb-Trcasury was debtor to the Clearing
| House xG2s,40l. It's ret gain on balance was
Sj84 03o, made up by gain Of 81 ,O4o24g in
! coin minus los, of S45j,3l3 in currency. Inc
days operations covered: Receipts, S3.1S9,5i' :
payncnts, S2,004,5sl: resulting in general
balance Of SIS, e9,363. consisting Of S57,S91,'3A
coin and $40. POL 500 currency.
The United States Treasury at Washington re-
cevcd to-day s2l5,ll6 National bank notes Tor
redemption.
lhe customs receipts S544,2i3: the in
ternal revenue receipts ,6G2 and the mscclla-
neous receipts $2l00n6
To-days Washington Treasury statement of
cash on hand AMI deposits in banks compares
with the figures Of the last previous statement
as follows
Mey 81 June1. Differences.
Net gold on hand 53ishlo s9oloa979 Inc. s247 $50
on hand d.; lScas.S2s 2oosn les Inc: 1921 go
Net silver Oh hid 1O.421,0iS JSo3.?5S Dec 5G3 600
Actual in tho