New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-24
CLOSING PRICES OF PHILADELPHIA STOCKS.
CLOSING PRICES OF CALIFORNIA STOCKS.
WHAT WAS DONE Is STOCKS.

Monday, Jan. 2S-p. IN.
Tile stock market to-day was tested by another
sensational break in Dislllns and Cattle Feeding.
1t is The third startling performance in that stock
within little more than d mOnh On December
~ 1892 it fell more than 4 per cent, after
rally of nearly : points from the lowest quotation
, Of the dav. Leaving ont Of consideration the
intermediate fluctuations the next severe fall MAS
( on January II, 1905 when, after an extreme de-
cline OF moro than points, Dstiliing cndel "a
per cent lower. To-day TN. stock ended Of about
lowest points and nearly per cent under Satnr-
days incl figures The decline from the quota
tons of about d month ago is practically ," per
cent. II measured by the customary Wall street
rule the liquidation to-dav-suddcn and prccir-
itatc at the start and renewed later near In"
closr-Ousht 10 represent tn" end OF tho bcir
manipulation which, il is 10 be presumed. has
effected this remarkable sirinEase IN the valgH
of property that has been declared TO be ripe
with prosperity " persons whom Wall Stree.
has trusted. TO comment on a stock which has
the record OF Di.'iin2 would b. idle. unless II
Nigh: lead to- imperative demands that would
shed light rpon the manipulation II il inlma-
tcrial whether tho>. demands come from snail
victims or from prominent operators who MAJ
have been hwinicd by the Misrepresentation Of
Western spectators
The general market opened strong, ard only
and doubt. !, was cool day Tor "reactoniNS,
as another shipment OF gold arranged for on" al
The lcss-nofed European steamers was announced
and scrTed 10 nrou-' fears that political disputes
might defer the repeal of the silverpurchasc law.
Yet the speculation bccamc dun rather than weak,
under the c;rcnlns'anreT Yne O"y ipIr snJ
Pcadipg The former clo-"d unchanged, III spite
OF some foreign selling, and the httcr closed down
only Is per cent. The break OF . - per cent
in Manhattan Elevated, as speciality, was oTse'
by larger activity III the Ncw-l ork, SnsIuchanha
and We.tcrn stocks OF moderate advances Ev'a
the Industrial shares showed disposition 10 sever
acnuaiu;auce with the leader OF the days spccn-
lation Except for renewed late depression IN
Uistiping tne market would have clo'cd strong,
and IL ended without weakness, although iffe9u-
lar. -
TIE DAY IN TIE BOND MARKET
Transactions in State bonds covered Alabama
class 4 nj lOI tennessee settlement IS at - and
North Carolina consolidated As at $50 Inc
only sale of city bank stocks was that OF thiec
shares of Bank Of COmncTc" al 200 co.
Government bonds were neglected at the Stock
Exchange but there WAS smart advance III the
bids for the per cents. flnai quotations were "'
follows: ...
eur 6. ls;S . ios -.
;> H: Ss 9; 49,; H.
D.s.,oi' 8 q. 1875. li3'.
general bond market ana prices reacted in seycral
Instances. Oregon Short Line and Utah Northern
Inc Gs were Of IL at los. The Northern Pacihc
issues issue were easier Wisconsin Central ists; how
ever, rose 81 per cent TO o. IA ana "a iId
issues .s'S s" were higher and continued activity IN
Colorado Midland As left net gain OF S,S PER
cent at So rs. The tone OF t'ie market was
80 49, and tho changes were usually on the side
Of advances Reference is made to our full report
of bond sales , ,;,
Money on call continues in ample supply. Win
,hc nreyaiIinr rates l-.a3 per cent, and eNcep
tions at per cent. ..,i.,s.
The Clearing House statement was as io oo1
The Su6-Treasury was debtor to the Clearing