New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-13

WHAT WAS DONE IN STOCKS.
Thursday. Jan. lo-p

The stock market wns active and materially
higher to-day. There WAS no news TO affect the
course of prices, and the principal buying was
not for the short account At the same tim" 1t
must be admitted that public interest III specnla-
ton was not aroused The trading was largely
professional. Tie foremost stock was Dlstllling
and Cattle Feeding, which fell per cent in the
early dealings, and afterward rallied over per
cent. The first movement was nexplicable; the
recovery was TO Nc expected although 1T was more
rapid than apparent conditions justified. If ther"
was any short interest in the stock it probably
has been covered and if inside interests were
anxious TO reduce their following they nave
achieved n partial success The earnings OF the
company are so large that the present rate OF
dividends must be maintained for long tiu"'
The second stock in point OF activity was sugar
Refining, which rose 10 ll9, ana CLOSING at iS
highest point, gained l-2 per cent ihuci
larger advance was recorded by Manhattan Rail
way which sold at i67 l-2 and closed only small
fraction below that figure. The market was not
one of specialtes, however, and It's most en-,
courognp feature was the vide Distribution VI
business The Granger stocks were In demand,
and ST. Paul gained 81, ROCK lsiann l-- an.
Chicago Burlington and Quincy per cent. ~ !neir
WAS some covering OF short contracts IN an 'icer
stocks but the purchases of Rock Island LOT IN
yestment were reported 10 be large. me diVi-
dcnd rate is likely TO bc raised soon, ana whcn IL
ouisyille and Nashville was aroused to sudden
activity in the last hour, and it's inal gam was
. per cent. Inlon Pacific was rather reluotah''
but Western Union Telegraph gained ! ~ per
ccn+ The short interest in Lhe Gould stocks may
not be heavy but in the principal Granger sharcs
and in stocks which Rave an internationai mar
ket attempts 70 protect cohuacN "oui" H"''
only one result ,.,.
prices Foreign exchange was firm, but snip,
mments Of gold on Saturday will not he large. and
IL il nossible that none will be made Exports 10
France apparently are prohibited, ana rates OF
sterling exchange are not hish enough 10 ora"
specie.
THE DAY IN TIE BOND MARKET.
An odd lot of registered AZ was sold at
1l3 3-s. Bids for this issue Of Government
bonds were unchanged, but offerings were at
decline Of IA per cent The closing quotations
were "' ''''"I sa.A,kso, d.As1oi
U.sAn2sle9 con eur Ss ls5s 1 1872, go.
tinud at per- s. eur Ss 1897 iI6
1s H.
.us Col sos. 1874. 1874
ness was limited to small sales of Alabama. class
b, at l04, and Louisiana consol as az o. ~ -,
or city bank stocks Commerce sold n3) at l"9
and Merchants Il at 20. 81 Co. o,,u,v honda
s s%n seeonds and B. closed at an advance Of
per cent and many Other EsLe ses wepe
larae fraction higher but the trading IN them was
small Richmond Terminal IS rose l-2 per cent
10 49, and Is sold, in small way, at y, ana
single bonds at rs and 10 "a. Union racine.
Denver and Gulf frsts closed ga per cent higher
NJ "a 81. after sales at -. Reference is made
TO our full report of bond sales.
The highest rate for call money was per
cent and little business was done at THIS ngure
The supply of funds at per cent was lar IN en-
cess Of requirements. ..,,.
The Clearing House statements was as 1oliows'
Exchanges, Sl40222, 406: balances, $1,ol',4e?
The Sub-Treasury debtor to the Clearing
House 81 61o,i72. Its net loss OF balance was
S2O5, s64 made up by a loss OF ISL 2,5"n in com.
less gain of SGo6,13l IN currercv The day 3
operations included Receipts, S3,o99,OI6; pay
mcnts, S4,204, $40 resulting in general balance
Of SlO6, 46.263, consisting Of $l00,409,l12 coin
and S5,137, 00l currency
The United States Treasury at Washington re-
ceived to-day S624,2?a National bank notes for
redemption. ~ A.. =,
The customs receipts were Sl,264,3G5, the IN
tcrnal revenue receipts Si30,6i5. and the misccl-
laneous receipts S51,'j4.
To-,lay's Washington Treasury statement OF
cash on hand and deposits in baEk compares
with the figures of ,hc last previous statement
as follows:
Net cold on 1874 Sill GOT 6o3 Inc az 1923 $50
Net legal tenders o an y ,,o ,., ~, m, c,-
hand ..... lI2g.gny ~, 90, NJ NJ
Net silver nd o51o.3O- "'ooi'o'' pec' Sf"' ioo
Actual cash in the
Teenst