New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-02-04
CLOSING PRICES OF BOSTON STOCKS.
WHAT WAS DONE IN STOCKS.


The stock market was lifeless without int"resf-
ing feature to-day. The largest transactions were
in Richmond Terminal, which advanced about
per cent on the probability Of an effective recon-
struction The fact that DreNel. Morgan d Co.
have consented TO make fresh investigation
OF the company was accepted as positive PROOF
that in a few months diverse interests have bean
brought into complete harmony. If the iror-
ganzation shall be attempted the reputation OF the
firm is sufficient guaranty that 1t Will he car
ried to successful issue. Ii was not surpris-
ing however, that the stock made no greater gam
even on large transactions, because 1t was adj
mitted that the proposed reorganization would lie
just and equitable az well as successful. mo
value of the stock under these conditions may DE
n moot question, but the buying was generally
for inside account. The rise in the bonds OF the
Richmond Terminal and allied companies was more
significant than the movement in the stock.
In apparent sympathy, the common stock OF the
Chesapeake and Ohio Railway advanced about :
per cent because il was recognized that the reof
ranization Of the Richmond Terminal Company
would certainly not be harmful TO other railroad
interests in the same territory especially wh.h
they were controlled by the house 70 which the
Richmond Terminal has appealed for the second
time. 49,.
Aside from these stocks the movement Of prices
was irregular. Philadelphia and Reading was
sluggish within a range of ! per cent. bnt 1t
closed with small advance, and the other anthra
cite coal stocks made iar4er cams III 'ney "r, n
pressed, and with one or two exceptions the IN,
dustrial stocks were inclined 70 droop. The iinai
declines rarely exceeded a fraction, however, ana
the advances were much more important Man
haitian Railway rose over per cent, and advances
Of from to per cent Were r reforded by oi nTs
made before noOn but the closing was not weak
The exports of gold were entirely dsr"g ,rdcd
THE DAY IN THE BOND MARKET
Government bonds continued TO be neglected at
the Stock Exchange: but the marKet was STEADY
al UNCHANGED quotations as follows:
;a; ss, sS%I Ss 1898 i 100 "
:s$S He Us cur 6 1875 liz =
Among State issues Louisiana consol Is sold at
az i.4a9; bnt the sale at the latter price was
only $500 or city bank stocks, Commerce sold
G0 at 100, Merchants 900 at ~, Southern
800 at 10 3.a aud Third '?o, d at WAS ias on fairly
LARGE scale. The reported transactions were about
S9?s7 600 par value. The conspicaou, feature
was tho advance in Richmond Terminal ana
associate issues on the probability that an
ELECTIVE reorganization was ncaI NJ manu- hrn.
mond Terminal collateral trust % rose per cc,i'
,o 5I and sizes 3 "A per cent 10 80 Will" MIL
mond and Danville GS gaiEcG per re',. az
100. and IS rose : per cent 10 -. 'hcs""a n1
and Ohio issues also we're active an" s'lone. an.
s w ..s While the Richmond and ALLEGHENY
Division issues closed fractionally higher MES
souri,, Kansas and Texas issues cnn'os were
NOT ootiye but firsts gained the fraction az ~
md thirds 5-e per cent ut - - rTst pts
- these bonds were the hest for the day, ana ~
The afternoon the transactions in them were sna
Tho excoptional declines were in 'cw sltci".
-ssues Reference is made 10 our fall report OF
bond sales. , - .. oI,hounh
cans were made both above and pei2w u,,is
squire At the common rate the supply was
abundant. ,. ,,,,o os fellows.
EXCHANGES Si36IsI,146: balances, -,
Il The Sub Treasury to-day was debtor 70 !nc
c,carine House Ss0l,lc2. The business OF the
%hTeasary for the week ending 'op,en. Of
sps93I, s7s, leaving the general balance I'm on
ooi'aSs acainst Sl04.37l ,a5i on January :, an
.rrarcnt loss OF SIO76,4sj But dednctins from rom
.br payments s44Ooc and from the 'H e., pts
count witt, the general Treasury. Us gam "S
,eon,ing tho banks is SlGS.jla. c,-o.
ahSc'ih IT, s orc,ations included Receipts, S4,'S1
i,3: payments, S$;ss4lo WIN r,,,r na'an'' u
ESQ ,o5'Ii5 coin and $751; C33' cuirrncH' au,.o,
H., Treasury bought $4,000 ounces o. Sill r,'
s,iI,on =, 80 80 and $40 cents an 1unc~; u,
m;nrs ,verc 49, 900 onnces hut III" pric1 81
hosn Which were rejected w:rr rot ma 2a" ,hi,
mosc ,yorr,ntile Safe Deposit COMPANY Oh WIZ
~, rcnorted silver bullion on hand 10 s'o"'e