New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-03-14
CLOSING PRICES OF CALIFORNIA STOCKS
WHAT WAS DONE IN STOCKS.

Thoro wore few significant features in the STOCK
sneculation to-day Business was llSht ana gen
orally of a professional nature. ScNerdi s'oo"
rallied modcstly on tful purchases TO cover s"o''
contracts, but the absence Of any vital ou'h'e
power was as conspicuous as was tho "'Se"'o -
liouidating pressure. Few stocks were 'rd.c' III
% tho amount of 10000 shares or more A'ho"s
these were Chicago. Burlington and quincy ""io''
is IN ga per cent, and Chicago Mii"'"ho' al"
St. Paul and Erie, which are down i iss; ana
per cent respectively. In the TWO las .i nart
stncks there was a selling disposition on 'ilr p'l,
If foreign houses In Erie there may DE- aeat;n,
for Il discussion as to the position ~ is being
o,ched with interest But the hcayincss IN ~.
paul slight though it was-ls surPr,ITihs ,b,t il
company earned last year nearly upu ;,s ~anaoc-
nad upon the common stock. ara l,S ma :, CON
nnt ike that Of Rock Island. is pursuing You,
servativc policy, in which FREQUENT s'Ts t anna may not
issues do not play Pargsr roads The Western
nores were helped ny the refusal OF thc ,li,nso,
switchmen TO precipitate stu "n rcimced TO a
minimum by the effective prcpara;;i,HSh'. nW strike
manauers have made to cope WIN any ,o c"n
nonplei with their frank confession Una, , demand
dit;nn, Of earnings does not w'rtah, any "''
9nr an increase in already wepaid labor .,oa
The speculative interest in the market ctn, apd
i, American Sugar Refining General Eectr'Iu o a.
philadelphia ana r; Sea from 3s was doubtless
due to the favorable expectation. in regard s TO
Tep0rt. Of 't To IS i4a2is-s was accompanied by
~. III" rrnn,se ~ n satisfactory showing IL - 20
be regretted that investors may nI ho ynaRt be
oiven if one Of the receivers had not been pohs
iarir dscrcdited by his connection WIN VII
management which compelled the ins ,r, ~
american SUGAR sold from 10GalO6 ia 10 w -
IO3 cx-diyidend of 3 per cent, against 10
ON SATURDAY, with the dividend on. ~ 'nls . .a,
nopular opinion takes the form OF 'ieols r
.''e 90" nnrnosn No ground seems 10 exist
| Tor the rumors that an effort womb ne h Ta,
cnjoin the payment of the dvilfnn ~, m, m,me
Electric rose on covering Of shorts when IN" nnue
of a leading banking house was used 70 cApii n
recent purchases: opening down at 10y, tilr pli
rallied to 1oi Is and az 10: 80 az '''e o'''' -
'''1 Tho market 10 whole. was almost Indifferent
10 the monetary situation. The early rise was was
coincidcnt with rates for money a. m,an a. nar
| cent there was a late demand that again carrier
quotations TO u per cent the stock SPECULATION
S m,irr ~n has been accepted tho probable
normal condition until the. April settlements nrc
| completed There are still no imiic1tionS %. a
renewal OF gold exports, although to-days weak
nna. in the foreign exchanges was simply du" 10
| Tho high money rates. Conservatism ainohy MONEY
lenders is to be expected in sis ;' u 11 t stock
.rket closed heavy at rccessipns that were robbed
Of significance by the prevailing dulncss.
TIE DAY IN THE BOND MARKET.
| Government bonds were wholly ignored in III"
| Stock Exchange dealings finai qnota'ioHs "c'c
unchanged as follows
Us4ss 1891 COR vs. cur cur Us i ED igl, $3.50
| tinued ~ per H q c LA ~. is92 10 "
ySs:;3:s5 ' ss:s'S; 49,: H.
state bonds were neglected, In city p AM
stocks, sales were made Of Merchants ~ az and
BANK OF the State Of Ncw:i ork W al 10 10 anu
| Western National 90 at 10 .,o,
The General bond market was dull ami Irregular
Reading issues opcnea sfIn9' an" cont ,a for the
| ct Interference incomes at 4S 50. and "a pr
cent for the seconds and thirds at 80 l-2 and 20
aha sales Of Chicago and Erie incomes. seller 30
DAYS at 80. and seller Is days at 3s l-s Chicago
and Northern Pacific rsts ransed from % "a 20 20
Union Pacific Denver and Gulf firsts were on !?
ncr cent az CO. The monetary conditions evil
IDENTIFY held general demand IN G Gn Gala, neof
Money ON call wa. in active demand all day.
Morning rates ruled from 0 10 . per cent, but
after the first inquiry was satised quotations r n
| rsn occurred to l2al5 per cent, and the closing
rate Of & per cent had little significance Inc bulk
Of the days loans was mace aDt'S ,'a rs oows
Exchanges $50, 723,irs: balances, s4.3G2,I1o:
The SubTreasury was debtor TO the Sie a,nn
5oT ii in currency and sllO.o?4 in coin; The two
DAYS operations included Receipts. S5,o3o;7s4
nayncnts Sj.3I7AO5; resulting in general ba i
ance of SI0O,i50,I40. consisting OF S7G,'2o,33o
coin and 23,420,sie currency mn o.s -, Of,
| The Treasury purchased 100000 ounces OF 81.
| vr 90 nriccs ranging from 1854 to 1865. out OF
total offerings Of 247. 900 ounces The M"rcan-
| Tho Safe Deposit Company. Of this city. reports
| stlver bullion On hand to secure outstanding GER
tiicatcs, amounting 70 5o6,os7 ounces. a decrease
| Of 1926 ounces ,,,.,,. On
cn,v.1 to.Iev Sls3,162 National bank notes for
! redemption. A....., ..o ,.u,ro,
revenue receipts Ss10ll7, ana the MISCELLANEOUS
| receipts S17a.S21 49, . -,
Tordays Washington Treasury statement %. OF
cash on hand and deposits in 'ank compares VIII.
The i;gnres OF tn, last previous statement as
follow
| ,,.,, March a. Differences
Net gold on hand SlO2l2l 800 "io-''o-'e'o A' '
| Net Ieral.tenders 49,. ,nc M soo I'm rnc 1oi ga
on hanu.'...-,,d III osy GoSs 2i7 Dec. 1i0,73G
Actual cash In the
| vaults
over outstanding -. m. a, q, 100 IA rn~ afs5 800
49,