New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-10
.,vo ,r,crs or PHILApELPHiA STOCKS.
WHAT WAS DONE IN STOCKS.
Thursday, November 9-p'


?, A.. stool, maj ket to-day there was from the
s..r, an evident lack of exuberance. IL Is posi-
h,a that the course of prices hereafter is 10 DC
cortrolIed nv natural conditions. Ihefe was .e
to,n,v no unfayorable news in any direcuoi' pu'
tho market opened without spirit anu ia ''''
lost hour the continued dulness invited attacA'
Tho hear faction seemed once more 10 nave y
Gained courage although It's recent opei"
tions have been attended with heavy iosses' ~
does not inevitably follow that the seiling - ioi
the short account because brokers usually 'ue"-
tilted with the bear faction are especiaiiy ao'.'
The great bear leader, it has been suspe0'.N
has at times been little more than coi'iii'i'
sion broker. lending his name to the marketing
Of long stock. The weakness , %, A1 II vas de-
messed by continued selling, when, on .'nc Sr
face was for the short account, but tie ueeiinie
in the companys bonds was clrcuiilslai.a.' ,o
denca in the opposite direction. Atchison was
nv no means, however. the most actlve s'oen'
sugar Refining Chicago Gas ana St. L raw pr pr,
ceded It. The frstnamed cary sTa ess q" than per
II fell to 98la, and at 99ss closed less tnaH Pe
cent lower than it did yesterday. me sd,ie
course was followed by the other ieauis go
Opening prices were not the hlgnest pul i,a !.
ones were virtually the lowest. f1nal deciines
1rere about per cent on an average anu ,ue
market at the close was SOFT az wei do ~ s
The European markets had little or no ln'lu-
ence and between New-York ana Lonuoh ,neie
was hardly a chance for arbitrage transactions.
Wa 'arn:t was in fact. merely waiting one,
subjected to renewed tests by the pear lacuoi''
THE DAY IN THE BOND MARKET.
A Gale of 10000 coupon As at 112% was made
.t the stock Exchange The advance OF y per
cent was followed in quotations which at the
close were as follows:
u s. AIS, 1891 US'cur'ees i isg io5 -
continued at r.S'c curS o. 1907 IO7 -
81 seq $780, reg ,,;,i p lis 1sSs}S "
The business in State issues was limited 10
small sales of Virginia funded debt 2-5 per
cents at 52%. a slight decline. Ihere were Ho
sales of city bank stocks. 100.
Tha general bond market nearly stagnant
The only feature was the weakness in Atchlsoh
issues and while general As lost less IMAM
per cent the "A" seconds were pressed Tor saIe'
and thew suffered final decline of "a per cent.
The As closed at II, and the "A SECONDS az
36sl. and in both cases last prices were .ne .
lowest Aside from these issues the noVelllen :
was dull and irregular without important
changes in price. Chicago ana Northern
Pacific firsts were dull and weak, at decline
of ~ per cent at 45la@45%. but Northern fa-
| cifc consol SIS were unchanged at "a, although
the business in them was much larger. Phila-
delphia and Reading issues were Irregular ana,
while secord incomes were Y per cent lower at
a. the general mortgages were the same Irac-
ton higher at 7Olk Erie second consols early
sold at 10, but closed unchanged at %. heier-
ence is made to our full report of bond sales:
Money!
| the day There were exceptional loans at
| per cent. <u.
The Clearing House statement was Ss as ioiio"s'
| Exchanges sl04, 1921 .545; balances. s5,2o69 $50
The Sub-Treasury was debtor TO the Clearing
House S7l6l63 Its net gain on balance was
| 1872, 654, made up by gains of $SS,6o4 in cur
rency and sl,474127 in coin. The days opera
| lions covereds Receipts. A19,1So; payments
90 sG7 1871 resulting in a general balance Of $751;
| 20s O65 consisting of $6O,0G9,GSS coin and s2l'-
| 1887 currency. r,,.or
| The United States Treasury az washington
| received to-day $ll32H National bank notes Tor
redemption. -o, 49,.
nal revenue receipts $4Oi,zoi, anu the hisCei-
| aneous receipts $34. 112.
| To-day's Washington Treasury statement OF
| cash on hand and deposits in bank compares
with the figures Of the last previous statement
| follows: ~, x,,oo.
", s,a hand ssNs E Dec
@s; ss s9sS2 4ss4!ss b bs ' s9c
Actual cash in the
| over Outstanding o-o
D ss5sssss bank y 80 R ss 'Ss 81
No. cash bal s1o 0os sis @ios oe7 sos Dec eiis0
The foreign exchanges were firm in the early
| dealings. declined fractonally. and afterward
| advanced until the closing rates were generally
| higher than they were yesterday. A feature
~ the market was the fact that the 60 days
bills of Brown Brothers sold lower than first,
| class commercial bills. Following are revised
| ouota tons for actual business: Bankers bills
stS1MasI1z and "a S3hMA S3% for long and
| sbort sterling respectively French francs
5a2iS@52l7s and 5.2O4s@5.20; reichsmarks, 94i.
| and 81 SIG.
FOREIGN MARKETS.
| THE governors of the Bank Of England al
| tbeir weekly meeting made no change In 1t.
| thei ,',,, rate of discount. which remains al
nm cent In the week the bank lost 1888 20;
hu,,,on. and the proportion OF reserve to liz.
s,,,t,es was raised from ABE 10 1919 per cent
| ainst an advance from 4223 to 1885 per cent
| a.. s he corresponding week last year. when the
| discount rate was unchanged al per cent AZ
| ,he London Stock Exchange BRUSH consol'