New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-14

WHAT WAS DONE IN STOCKS.
Friday InnnarY I'D


Speculation in stocks not merely active. II
was almost buoyant. The transactions were larger
than they have been for long time and the
advances were on the same scale. Manhattan
Hallway further rose about per cent 10 IA 3-Aa
ia The "rights' which may accrue from the
extension and development of the system are not
easily to be reckoned. An advance OF about
per cent in New-York and Northern preferred and
over per cent i'll New-lork and New-tngIand
was in the same direction. pa:. Of the demand
for New-England stock was apparently for con-
troll. Philadelphia and Reading was less proni-
nent than New-Encand, and yet the strength Of
the latter stock was based on the probability OF
Joint control. The sharpest stimulus 10 the mar
xet was the cessation Of gold exports, ana iet
the largest advances were made tN stocHS WHICH
do not enjoy an International market lie mos
active stock was Dstillins and Catte fecdlhs' pu'
unfortunately its movement was contrary 10 ,ht
common rule. It's first price was tl' nIeh'nO
and its last che was the lowest for the gay ~.
lts final loss over > per cent, even WI''i
other industrial stocks rose from ! 10 per c'h'
There could not have been any manipulation VI
the stock, and all the news in respect 10 ~ "as
eytrp mely favorable The most happy feature oi
the market was the wide distribution ol business.
The Granger stocks were IN demand, AM ROCK
Island, Northwest and 81. Paul gained over per
cent. Low-priced stocks were prominent oy ,mcii
activity and strength HE temper OF speculation
was confident, and as rule, the last figures W.T.
the best.
HE DAY IN IuE lV'ND -hAhh'i'
A sale of 81 5000 coupon as at / IS IL lul-
parted Strength 10 Government bonus. Bids were
not raised, however, and closing quotations were
as follows .,.,
us..ss.lss con! BIZ A'A'a sour.os 1919 los
tinued at per 3 eur is39 "a $50
Iis- - e., g. 1s n ~ 80:
Dis H coI.8.o Is iSS4.ii3. 80. !
The business in state issues was limited 10
moderate sales OF Alabama, class a, at 100 L.
.Ir.. ANN. 81
The general bond market was active ana
higher Atchison seconds, elias, \, We're nearly
per cent higher at % 3-s Northern racine
consol IS were dill, but iractionslly hisher, at
50 I-2. Louisville, New.AlDany ana ana v Cii:a ,
issues advanced to 2 per cent Ncw-lork ana
Northern seconds iosc :? per cent to .s. In"
Reference is made to our iGl report OF bond sales
Money on call was again easier, and ~ per
cent was the highest rate. ne buIk Of the ne"
The Clearing House statement WAS a. follows
Exchanges $780, 4,4Os; balances, s6,o5o,6H4.
The Sub-Treasury to-day was debtor to the
the Su6-Treasury Tor the week ending tonight
includes receipts Of So, 309,O23, and payments
Of S2?g$$5s eav9g ~, cY 5 seaer on Ia a,n
s. an apparent loss OF S62d.55S. Bat dcductlhS
from the pay mcnts SJ,Gl 5000 ana from the re
cepts S4,27o 900 for items which Affect only It's
accounts with tho general Treasury, It's loss as
To-days operations Included Receipts, 81
666,s4S: payments, ~, 14,1b2, WIN Duihnces VI
Sl0O,l42,076 coin and S6,4J5,37J currency.
The United States Treasury at Waslington re-
ceved to-day So ,Gos National BANK notes Tor
redemption. o-oo- A. =.
The customs receipts were Sl,0Js,025. the IN
ternal revenue receipts S5A,G35, and the misce-
aneous receipts Sl0,S35.
To-days Washington Treasury statement OF
cash on hand and deposits in bank compares
with the figures Of the last previous statement as
follows: an m n,ro,oocos
Ne, cold on ma 11 y cos }aq n
Net legal tenders o.o nan . oo- 49, n O.. "a
Net silver on hid 5S3i,3si G.21'.9o7 Inc. $4,000
Actual Gosh in the
vaults
eest,See,es 800 42o si35 0st coo Inc. sGos q
Deposits In bank 10 30s 52l 1o00s,s45 Dec. 3s90'O
Net cash bal sli4 7s7 o4l sli5 o93,53j Inc. s3o51o
The foreign exchanges were steady, but rates
were not high enough TO cause goll eNp2r'e
There was in fact, an easier tone TO the market.
Following are quotations for actual business
Bankers bills, 81 s6 and 81 81 "a for long ana
short sterling respectively: French irancs,o.lb '-s
a5l5: rechlnarks, % 3-eao5 IS
In London British c0nsOs closed unchanged
at 0s for money and 9s l-l6 for the account
The Rank OF England gained CT 900 bullion On
balance. In the open market money was dear!
at l 5-sal "a Der cent for discounts and firm at
Ia1 :, per cent for bankers balances. Ear sill
yer was steddy at 3s lad. an ounce. American
railway shares advanced steadily. and the CLOS
ing was without reaction. At Paris French :"
nor cents sold at 1927 IL
= The directors Of the PhenN Insurance COMPANY
of Brooklyn haze declared p seml-annual dl'i-