New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-02-08
CLOSING PRICES or BOSTON svocWs.
Boston. Feb. :. 1893
WHAT WAS DONE IN STOCKS.
Tuesday. February 7--I


Tho stock market wa. dull and irregular to-
day. In view of the unhappy vot" in the senate
Yesterday. which will be followed by fresh en-
norris Of gold the MARKET displayed remarkanie
strength The largest gains were recorded by
industrial stocks and specialties, and there was
some kind of theory that il the Treasury an
not hold gold prices Of stocks must re hisher.
Il must be admitted that the gold balanc" mas
been reduced to the danger limit and that perhaps
values must be calculated Oh d silver basis me
silver value of good many stocks is one
Of the questions that has not been determined
The London market does not seem TO be dis
turbed by professional manipulation Of the in
dustrlal stocks II Sugar Refining is little
biahcr and Tobacco common little lower the
general market may not ,e affected. lhe price
of Philadelphia and Reading may be controlled
by fears OF hostile legislation or ny slfs IOr rne
stocks are compelled 10 buy other stocks by .
feeling of self-defence The buying capacity may
he limited, and in that event railway stocks
may be preferable to those which promise dividends
of 10 20 II per cent year. The fluctuations
in the day were frequent but not wide ana the
THE DAY IN THE BOND MARKET.
There were no transactions in Government bonds
at the Stock Exchange. and the reduction IN Dids
was not suggestive Of weakness. The closing
quotations were as follows:
u.s.4s,se, .e.t sdA'Aea seu, es 1898 iss "' %
tinucd AZ per UscurS .is;m..iiy pos
q: ,::; ii
" State issues were neglected OF city bank stocks
American Exchange sold go at l1t. Commerce
lIO) at 1913 IL, Fourth 90 at 2O4 and Mer'
chants Exchange go at 1874.
There was o. good demand Tor railway Donds'
There was, at least, the appearance OF demahu'
The reported transactions We're less than
Ia he noteworthy. Chicago and Erie Incomes fell
"a per cent 70 AZ, and Richmond Terminal is,
suffered loss of ls per cent LIE general end
Northern Pacific frsts gained the fraction at
so la, and Northern Pacific consol IS rose nearly
per cent to a. In the active Issues sues me i n@,
prices were the best. reference Is ihaoe W our
full report Of bond sales
The supply OF money on call ut 1-2 per cent
was oI1 az rnia per rate was per cent
The Clearing House statement was as follows;
Exchanges Si49,432,2s balances, So,J23,o.o.
. IJonse S631s5l It's net gain on balance was
81. $50 800. made up by gains of Ssee,22l IN com
and 81 o3Ss4s in cur,sney no Jay payWents,
s3.Isi, 234: resulting In general TO- balance OF
sio7,4io,3I2, consisting of Soi,osG'dsO coin ana
SlSiao',eD D;,ed states Treasury at Washington
received to-day S2G9.l95 National bank notes Tor
redemption. ,.. o,,c -ao tbc internal
rcvrnrc receipts S3j5,G9j and the miscellaneous
receipts Sis9,27l. , ..o.ouon. y,
rorday's Washington Treasury statement o.. OF
cash on hand and deposits IN Dahks conip.io os
with the figures Of the last previous statement dc
follows: ~ o,co,o,ccs
n, nd Es ss 81 q Fss Dec D "ic5n
;s, s ,s sss 1852 5sS R
Actual T,s,, sa;a 1 I. x:
sss; 'iS Inc 'fsg
Net cash bal sl4o. c5o ss7 si4l o44 sss Inc
The foreign exchanges were strong ana MAJ w.
rally higher. Here was not much GehanI ~.
remittance or otherwise rates woui nave 1ern
further raised Following are revised Sao.stiohs
for actual business: Bankers bills. - So l-aa
81 s6l-2 and 81 az 1-?sS4 81 3,A Tor long aho
short sterling respectively frerca IrancS '''
a3i5: reichnarks. 9J l-4ag3 3-s ...h.
In London British consols advanced inl'ne,
4 a ner, coat to 9s ll-l6 for money anu 90
for the account. The Bank OF England g alnea
cI 900 bullion balance In the open lhtrn.
money was desrcr Mt l-2 per cent Tor discounts
d ..,nnsant az ~ per cent for daily balances
1 1,ar silver was shade better at ~ 3-sd an
nuncc American railway shares declined IRON ron
.hc openinq and closed without impor'an, raii!;
Ar Paris French PER cents sold AT W anu ciossu
-, o. O., L. Sight exchange on Ion1on !I T,r
q, o, - francs TO the = sterling, anu AT ,"is
", 20 cold will not 20 Ia Trance from Eiganst' ,.
i"' thc rceulsr weekly sales OF st~ns ,i r D ''
+, ~ liz ro.tt 4 10 the following were so..,
go, c, ssss11s' T e wysod Co. soo ach
s7Tioo .,.,c. Ninth Yato,s Rank 800 scsh; Pr