New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-06-21
WHAT WAS DONE IN STOCKS.

WHAT WAS DONE IN STOCKS.
Tuesday, June 20-p m.
There was a slight Increase IN the volume OF
business at the Stock Exchange, but only at the
eNI"n-., Of values. Every stock that was at all
active materially lower, while liquidation
/ in others was continued just fast the market
absorbed the offerings The transactions In
Missouri Pacific, for instance, were little more than
one-half Of those yesterday, but its final decline
was twice large Reading was much more
active although il WAS really duh, but it again
lost IL per cent. St Paul was less prominent,
but il suffered Il larger relative loss. The in
dustrial stocks and spcciatics far the
weakest, but ior the declines of II per cent in
Chicago Gas, about > in Dstilling and Cattle
Feeding, , IA in National Corlagc. and per
cent in Sugar Refining there may have. been
peculiar causes 4 controversy between the Sugar
Refining Company and some Of its employees Is a
good enough Morgan" in case, and in behalf
of other industrial shares IL may he assumed that
equally good rretcXts may be advanced. The
movement was fairly uniform. however, although
the final declines in the general railway list were
less than per cent
Rates for foreign exchange so far below
the gold importing point that it must have brcn
q surprise persons that return shipments
of the precious metal were not announced. 1t
is certain that gold would return TO this country
if the rricr of money at Ncw-York should fall
to or > per cent, and the rates for exchange
on London SnSn Of mot raes will be
promptly by an advance IN rates OF eAchaa!",
md that consequently the situation will not be
materially changed. Europe show, nc inclinatlon
to buy American securities for anything more
than speculative turn and 1t was seller
rather than buyer, today. ] he outward move.
ment of merchandise is increasing slowly, but IL
-
greatly in excess of that in tile previous year
,dviccs about IN" crops are encouraging, nus
reports about wheat in India and Russia are
equally favorable 50 them, a. competitors o. TINS
country exporters OF hr"ad,tnts. lhere y
litilc prospect that accessionS TO the stocN %
merchandise securities shall become muon
larger than they are ~ present.
TIE DAY ~ THE BOND MARKET
A sale of $4,000 coupon IS at llol-s was
sufficient TO give strength to the Governments
bond market. For both classes OF this Issue
bids were raised ! Per cent The closing 1uo-
tations were AZ follows,
Bd.Askcd ,so Be'Asked
U. S. 4es 1891. s.eureG' l ls9P. i lG% -.
u 1907. rcs.loS4 no u.Scares' 1923 70
o. - +. isS; r SLIT IL IL 1919
There were no Transactions in state issues
or city bank stocks Continental sold ~ ut 10.
The general bond market WAS moro active put
lower prices were the only result OF tho Increase
of business Atchison Is declined 81 pr cent
- ;01.i. bat seconds class 4, quict around
IS a. closing at 10, while COLORADO Midan IS
cll - per cent TO 30 lao is , h. ac,,,
phia and Readng issues wcrr modrra'1PE ;cb a
Terminal collateral trust - opened waterway
lowr at %. and recovering ~" eary ,oI Io,o Nv
touching >, were al In" end IL per cent lower
-, oGio Many other issues OF les Importance
were fractlonaly lower while | mon facpSs'
Denver and Gulf rsts fcIl per cent h Z" Of" s, N-
Nancy ON call was somewhat easier in tone,
alth l the ruling rate still - per CENT
The extreme range Wa IRON ono' d !" re- p '''
rhc Clearing louse -tatcncnG was - follows:
Exchanges. $40, ?so,Ao3; balances, Si,?ss.l2?:
Ihn >mb-1rca>iiry WIS debtor 10 III" Clearing
House 81 O2G.5l6. IT, net loss on balance since
Friday was Sl,5jY..9., made up by =, !o,S 81
81 .6sl.16s i'll currency hSS d gin "i 80 r.
CENTS so65o.0?9: payments. Sll.?ly,i26: re-
.ujtn,. in a general balance Of So, i',,959, con-
sisting Of 6s,j5o,7;o coin and Sl0,c5''io' cur
''' Tac United States Treasury az washington
received to-day 81 6osss National BANK notes i'r
trhl customs receipts were S352.3is, the in.
formal revenue receipts SOCIAL, and the mis-
ccllancous receipts $1,000 ....oon. q,
cash on hand and deposits in banks compares
with the figures of the lat previous statement as
follows. -
> cold on hand .o 5C Cc S sos 3 iois sossas
Sss q D Des 5 t3sI
Actual cash in The
mink, ia a7sss 'isiiss R ISs 'oSsss
~, ,., IN, s,ss Sos s5a slso csos7I Inc. s2i2cO7
Rates for foreign exchange were nominal; ihey
wore below what is supposed usually 10 ne W"
coli importing point, hut expectations OF sais
arrivals of gold are a ,o ,or ~ ,o,naI bnsness:
P,nkers bills SislaSisl IL and Sls5 l,4a
S,.s3 ~. for long and short sterling RESPECTIVELY:
pnr IA ~
so IS rcchmarSs 81 Is and "a IS;
In London British consols declined is per-
cent 90 is for money, and 10 10 w '. co non
bullion on balance In the open market money
WAS firm 1t / l-eal "a per cent for di,,
counts and easy ar lost 81 tb pr TS%, Sr made
v"stcrday ami closed dun at IS I'D. an ounce.
There was very little doing in American railway
.h,rns hut the movement of prices was down.
wand and the closing was AT the lowest points:
At Paris French per cents declined - J.:
centmes 10 o7.65. sieht exchange on LONDON
advancing to ?5Is francs to the sferlng
Tho weekly statement of the Bank of Germany
sLowcd an ncrc,se in specie of 5000" marks.
c, r"nr nron t %S capital stock of the Norfolk
md Southern Railroad company; nayanie ON
jnly TO- at the office of the Atlantic irn,t 'om ON,
close on June so ~
On August the National Land Company will
pay nu,rcry DIVIDEND OF per crns oh hooks oks
The Greenwich Savings Bank has declared inter-
1T for the sin months and nine months ending juno
90 ~ the rate of 3 y per cent per annum, pay.
able on and after July II.
The Board of Directors of the Columbus Street
Railway Company hav" decl dividend or
per cent upon the capital stock OF The com:
nany payable June 30. The transfer books will
br closed from June 90 to June 20
Tho regular semi-annual dividend OF per
cent has been declared ny the directors of Wells,
Fargo & Co. Transfer books will close on
June 30.
4 scmi-annual dividend OF per cent has been
declared by the directors Of the KnicicrbOcker
fha nj