New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-10-31

To-dav's market opened strong and active
under the impetus given by SATURDAY pl.
but huoyant speculation. The maghliIceHt paI"
atatemant the predictions OF renewed god IN
norts. and the expectation Of iinal Vo'r Oh
silver repeal in the Senate to-day brought puS
inc orders In freely. The first disappointment
US met in heavy sales for foreign account
some observers doubt that the London puphc
Is responsible for the orders crcni,eu ~ NC "a
source and ascribe the sales to liquidatiomni ny
Amarican holders who sought foreign facilities
Tor protecting their holdings last summer. IA
a sense this distinction is immateial u t ,
present selling represent realZationS anu ~
,,,olve navment Of debts abroad. Inc opera
lions were reflected in higher rates l9i EuIoprdn
exchange, which now SHOW no proHlS ~ NV
;mnortations singular as this may seem IN view
~ the announcement that at least N,ooOoDo
English gold will be afoat Tor ms country , pe
fore the close Of the week ne LIZ
in shares like Louisville ana NashViiie, Ell
and luton Pacific were moderate, but the
losses we're generally more man per , 49,
St Paul. however, was largely uealt III, Pile ne
"a silv the leader Of the speculation, ana the
nrIce fell from Gs2. to 665sMCG7s. ana Atchisoh
was active at a decline from 223. to 2l%. Tne
foreign selling was followed by large nome sales
to secure profits. Chicago a Buriins'nh an, ana
Quincy falling from S71a to s5@S5+s, Rock Island
from 72Ih to 70i4M7l. and New-Yo and New
England from 35a4 to S3&sMSSla. The decline
IN the Gould stocks reached nearly per cent
in Missouri Pacific while Western Union broke
from eS7s TO 9liLMs1s. The industrial shares
received inside support for half OF the day pu'
closed LAP per cent below the!. best prices.
n shonld hardly be considered that the de-
ciston Of the Union Pacific receivers TO pay
no interest due November ]. or the refusal OF
the Erie receivers 10 commit themselves as 10
their policy In dealing with December inter
est was an adverse factor. Holders who sac
rifce good liens defaults that may be Only
temporary may subsequently regret their haste
The posItion Of local spectators. too may
change readily should Europe. after the an
rolute massage Of silver repeal, renew invest
nosnts in American securities. The volume or
business in to-day's stock market shrank from
tho large record Of carly last week. raiiy
interripted the afternoon course OF prices when
rrr,ors of extensive gold imports became cur
rant hut the late trading was AT about lowest
rrces with the realizing movement again under
way.
THE DAY IN THE BONp MARKET
rhe~e were no sales Of Government bonds at
.ba stock Exchange. The market was steady,
18th snal quotations unchanged as follows:
VIZ" ' PAD ,.s.d BIZ Asked.
e. 6 4lss. 1891. c' VIZ ~ - isoo 10 ''-'
-,ntinaei eur e. iiss.,,::',,t ''''
FER ee,t ~ ~ 10 t.. cur H.. Is1slc9 go.
USA. 1907 cou.l u IL -s'cI'"'' 'S''''' see
Ds-' oil 80, 1875 .lli'a III 49,
transactions in State bonds inciuded VIZ
,,rio funded 2--3 per cents AT o2's seier twenty
dovs and Alabama Class Il bcnus AT lot' anu
c"yrcncv As at 90 The only sale OF Guy
hank stocks was American EXCHANGE "''
at $50 ,o. continued fairly
active the total transactions exceeding sioo''VOo