New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-09-20
CLOSING PRICES OF PHILADELPHIA STOCKS.
WHAT WAS DONE IN STOCKS.
Tuoedov Sont O. n.

WHAT WAS DONE IN STOCKS.
| Tuesday Sept. 10, p. m.
In tha morning hours to-day the stock market
reflected the continued uncertainty about IMAM
! cial legislation, but after noon prices OF moS'
stocks advanced slowly and steadily because
IL was discovered once more that there were
roa,lv no stocks available for delivery. At the
| low prices prevalent in the last two months
| there has evidently been an absorption OF rail-
way stocks and bonds not easily disturbed. Inc
supcrGcial scarcity of stocks has become so
great in fact that the bear faction is apparently
reluctant to expand its outstanding contracts
| because it fears the scarcity may be real ana
the opponent faction buys stocks with EXTREMIST
caution. because possibly the scarcity may be
artificial and deceptive. What is surely certain
| is that current fluctuations are controlled, as
| if by supreme power, by professional traders
and spectators Unhappy they have no regard
| to conditions on one side or the other.
| In the afternoon the market, which had been
rather heavy, slowly gathered strength. and in the
last hour or rather in the last few minutes, 1t raj
| lied with spirit and courage. The ostenslplc
cause was the possibility that vote in the Senate
on the currency question was about TO be forced
| An amendment of the rules was one OF the closure
measures proposed. Every one of them VIII IN
vitc new discussion, and it may safely be assumed
that every one VIII tend 10 deial anu Po'sIpiiH
confuse the final vote. Speculativcly 1T was only
! sufficient to suggest that something had neeh
done to hasten action on the part OF the senate 10
advance prices The advances nccI to ne con
sidered Sugar Refining gained . and Chicago
Gas > IS per cent. The transactions in the hrst
were more than one-fourth, and those in the TWO
| stocks more than One-half of the total business
They We're affected by the possible repeal OF the
| nresNnt Silver law and not at all by proiesl2nli
and extremely skilful manipulation. me thlra
stock in point of activity was 81. raul but II
| Gained only ID per cent, while other Granger
Shares which We're at all active advanced per
Paul but il closed per cent better -
If any one needs to know the tendency Of the
stock market he should observe that the advances
were in all the industrial stoc ks and Ill the
Granger and Gould stocks. which do not ENJOY
An international market, and that tine declines oc-
CURED in Erie Lake Shore Louisville to ana Nar Nas
Pacific stocks He will then be apt 10 perceive
that special stocks may he manipulated easily in
spite of realizing sales by European ana nO,m.
investors in substantial stocks. In the cfcunl-
stances it was not surprising that the market was
dull: that it was strong would have been am"z-
ing. if it had not been for the efforts Oh TRADERS
and small SPECTATORS.
THE DAY in THE BOND MARKET.
There were no transactions IN Government
bonds at the Stock Exchange The market was
steady at unchanged quotations. az follows
U. s. 4ias. 1891; scnrSs 1sos.io4 80.
TT :sss.isc7 rresSii ~ U.scurSs' iSool
} Dis. Col 800 Iso4.1llia 112
State issues were entirely, neglected or city city
bank stocks Tradcsmcns sold l25) at wv al"
Western Natiopa 500 at 60. -.
The general bond market remained quiet put
D the movement of prices was not in one direction
Atcbison A. nearly recovered the los, suffered
YESTERDAY. the last sales being at '4a." a. arr
a" seconds rallied l per cent TO a.! Cincas.
} and Northern Pacific firsts gained the ractiOn III
Az 2. and Northern Pacific consol 30 were strong
, and somewhat better at "a 1-2. Chicago, Rock
Island and Pacific dcbcnturc OK Iaiilen Ia pl
% ner cent to % - Richmond Terminal col
lateral trust 5s, receipts, rose per cent TO "a -
ann central ' of general
) rs were comparatively active and unchanged ~
los l-2. Leading incomes were almost me1icc,g
but tirsts closed 1 per cent lower, at 3" LAO
y Reference Is made 10 full report OF bona sales
y Money call was in abundant SUPPLY al9u III,
: 3 per cent. The highest rate was Il ana 'D
. lowest and final 1-2 per cent.
y The Clearing House statement was as 1oiio"s
. Exchanges, $50 ,OO4, O74; balances, S5.043,s47.
The Sub-1reasury was debtor 10 the Clearing
0 House SI175,3O7. It's net loss on balance WI
81 6,226, made up by losses OF ~ d5o in con
. and 1884, 57l in currency. The days operation
o covered: Receipts, s2,Oss,o2G; PAYMENT 30
q 2O4246: resulting in a general balance OF S2I,
O 3Os276, consisting OF $40,40s,S4o coin ana 81
5 The United states Treasury at Washington re
sc ceivcd to-day S251,417 National bank notes TO
y The customs receipts were ssI 3,7sj, the inter
:. nal revenue receipts S92S,293, ana the miscei
- laneous receipts $59,2Sl. -
i To-day's Washington Treasury statement o
.. cash hand and deposits In bank compare
Sc with the figures of the last previous statement
=. follows
Net gold on hand ST. I5 o.
lS Ssss3S SasSsS Rs'
:. Actual cash in the
.. Treasury vaults
- ces 500 14o s115 500 40 Dec $3.50
% DEPOSITS in bank i 5s5 $50 1902 $50 Inc. BIB
No, ca., bal 2s so7 5ss SIPS 2ss Inc. s2I Is
- Tho foreign exchanges were moderately active
., and in consequence chiefly of a continued merca,
l. tile de jand rates were again higher. The suppl
20 of commercial bills was sey light toiiG ,"n
% ers' bills 81 SO 1-@aS4 So and 81 s. -?aSl - j.
~ for long ard short sterling respectively Frenc
francs, j23 1-Sa5.22 IL ana 30: rclciihaf'
u o. 2 and 05 3-sa95 l-2; suiIdcrs. 40 and 40
% In London British consols opened strong an
" higher, hut at the close they were only slla'
q money and ~ 80 for the account Tic Iank
81 England ra:ned further cl2jcp0 bullion on ba
ance In the open market toe rate for money vi
80 slightly higher ut '-eai o-s PR ,"n' 'on u,
r. per cent for bankers balances lar silver Il,
vanced Is 10 "a I'd IN ounce American ~,
way shares generally were dilI AMI weak, dhn u
closing was langnd and f"aturclcss AT Far
-. French 3 per cents fell nearly franc 10 07l, /
d. sight exchange on London being slightly easier
80 25.27 francs to the + sterIihS
30 RAILROAD EARNINGS.
$40 BUFFALO. ROCHESTER, AND PrrTsBuRd.
.oo Number OF miles s,o 39l 900 2aa AZ, =
Sssenf %'s s.n (" ssSss6 2sScSc assss
40 CHESAPEAKE AND OHIO.
S:$$ :: q ss5$E .s
y