New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-31
CLOSING PRICES OF BOSTON STOCKS.
WHAT WAS DONE ~ STOCKS.

Monday, january o'-p III
Tho now week at the Stock Exchange opened
under the malevolent influence OF continued eA-
cted snocnlation in Distilling and Cattle Feeding
The transactions in the stock amounted TO ABOUT
onc.thjrd Of the total dealings, and the range
Of fluctuations in price covered six points flfS'
quotations we're all the way from A 20 3s against
a. at noon Saturday and after wide and crratie
fluctuations the final price A.. host oil
conflicting reports attended the speculation, but
they need not be recited. II i immat"rlal Z"
the general public whether this company i placer
in the hands OF receiver "''3Iu'H !.
TO one wild threat to-day, or whether Doh'r1
holder, of the stock and holders OF the r"plt'
obligations take other measures 70 protect IIrlr
interests The management OF the company mas
succeeded in establishing reputation wlirn nm
Wall Street and doubtless the outgivings OF some
wcll-known operators will be weighed VIVA III, I.
scepticism in the future But wnat ploIc p,itoS
into the specuatons Of directors OF the COM
PAW in the last two years, and what hoh",t
investors demand is that the Stock ENclanS" shiii
speedily be rid Of the monstrous prominence re-
Gently occupied by Distiliing and Cattle Feeding
In another direction the renewed strength Of
American Sugar Refining was something oil
hurt 10 the general market to-day II IS true
that the price while rising NOR than Z per c"h,;
lost nearly all the gain GeTr n ' Gr of
cornern in any stock, however meIitorlons IL
may be- Even though it may be impractlcable
TO cndeavor TO prevent men IRON holaug cA,t I'm
men from involving themselves In ln"Ntrlcaoie
contracts by selling what they do not possess
healthy market naturally abhors the creation OF
such a condition. There depression to-day
IN industrial shares, in which Investment holders
possess the utmost confidence, o)iciy Dtcd"S, VI
the uncomfortable manipulation III DlstlllhG ana
Of the fear that the bulls OIL Sugar might eAliDit
too much power
The railway list can hardly be judged rightly in
H., rl..t la
furnished Que anomaly. Perhaps the depression
in Recalling was traceablc T. raizati0ns. but II
was curious that Delaware, l@ckawanna an. ara
Western should rally quickly from IT. bottom
point and end only Il trf" lower, when Delaware
and Hudson. whose earnings last year exceeded
the showing on the stock OF l@ckawahha' ioso
nearly per cent, with the quotations OF the lat,
ter nearly 20 points above those Of Delaware ana
Hudson. The slight recession in Atchl'ol "a non,
dividend payer, seems cifions IN view OF 'e iaia
Of more than | per cent IN most oi IN" TRAINER
and Southwestern shares. The c0ndltl ms Oi the
speculation might explain the sharp declines IN
Manhattan and New-Yorl and Northern. Inc
market as a whole suffered its principal dcpi"s-
sion in the early hours, after the sensational iall
in Disabling had unsettled. Speculative temper
and last prices were, i'll some cases above lowest
points The fear of the cOuntrys silver policy al
WAYS revivcs when prices are under the hammer
The long delay in forcing 10 a conclusion the EFF
forts Of the friends of sound currency 10 elect
beneficial action by Congress excuses the renewed
anxiety Yet the engagements of Sl,1Oo,0OO
gold for shipment tomorrow were not enlarged,
and evidence accufnuldtS tndt inc
President is exerting more and more an influence
10 assist in a repeal OF law which Is a night
marc 10 financial circles. While the silver pur-
chase act remains in force the bear faction VIII
trade upon the fears Of holders Of securities and
endcavor 10 shake the tcnaclty of ownership that
has so far resisted material depression
THE DAY IN TIE BOND MARKET.
Government bonds were neglected at the Stock
Exchange, and the market was unchanged. flnal
quotations were as follows: ~, 49,,
1891 c.r. bd'A'Ned cur es 1895 ias "'~ea
tlnu,d at per Z S cur IS 1899 1877
EEss1:ssSS !: ss1s He s"S; 1879 I5'
Dis Col 3.05 1894 1874
Transactions in State bonds were confined to
bank stocks were Western National 400 at
49, and American Exchange (6l at l51.
The general bond market moderately active.
more than 81 $50, 900 representing the par Vdiue
Of the transactions In the business done over
private counters there is noted gooi demand
in sympathy with the stock speculation the
majority Of changes were downward. Reading
general mortgage 4s yielded Ia per cent TO "a o-o
and tho preference incomes receded 5-sa3,4 per
cent Missouri Kansas and Texas seconds are
down rs per cent to As ga and Richmond Tor
Louis and Southwestern issues were down l-2ai
per cent Unusual activity in Louisville and
Nashville, South and North Alabama guaranteed
IS, carried the price up 2 3-4 per cent to 80 3,4
Chicago and Northern Pacific frsts gained the
fraction at &c ga Reference is made TO our
Money on call was in plentiful supply at
per cent, and sOme loans were made shade below
TkS Clearing House statement was as follows
The Sub-freasury was debtor to the Clearing
House GA674Ai. lts net loss on balance anco