New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-10-19
Boston. October 10. 1893.
C1osrvc. pp1Crs OF PHILADELPHIA STOCKS.
WHAT WAS DONE IN STOCKS.
Wednesday, October 1S-p. m

WHAT WAS DONE IN SIOCNo.
Wednesday October 1S-p. m.
The stock market was dull but hrm through
out the day. There were occasionally shshI
reactions when the bear faction attempted TO
covar contracts in some stocks by savage at
lacks on others The futity OF snort SAFE"
vas never more plainly demonstrated Inc
Granger stocks. to be sure, ana no, i"'iy w.
cover the losses suffered yesterday. but almost
without exception final variations were 'u
vorcee Northern Pacific preferred was dull
but it gained about 2i2 per cent OF 'he an
nouncemcnt that a revolution in the manage
ment will be accomplished at the annual meet
ing tomorrow The victory on the part Oh
stoc,, and bond holders is Il noteworthy one Out
e. remains TO be seen whether the new man
acan,ont will be pleased with its success
More important advances were ABOUT per
cont II, ST Paul and while the other Granger
stocks did not fully recover. their last p'lces
were the best for the day. Reading was dui'
and strong because arrangement Oh 'he
Spever loan was completed. 1t was EXTENDED
three months with a privilege OF renewal Ior
q similar period on the payment of $2'oooo ana
the deposit Of 100000 additional security:
The closing was Influenced 10y the beher 'ha ma
the Senate would finally repeal the plefci' on
var law There is an apparent majority in
favor of repeal. and II ought 10 cnioiVe 10
rights There will be. therefore either re-
peal or an adjournment OF Congress iH'it IT,
IN wall street opinion no other alternative.
A compromise measure is impossible because
If will not receive the Executive sanction. an
odionrnuent owe, tn November elections might
be an argument in favor Of higher prices ana
the stock market at once proceeded 10 us
count the possibility
TIE DAY IN THE BOND MARKET.
A sale Of $4,000 registered as AT Ill was the
only business in Government bonds. IL was
made at apparent concession. but ciosihs
quotations were unchanged a. follows:
Ba.Askca Bid. Asked.
u ;G & ma "a Il s?!' ss%Fg. ,slS
Us!s, 1871 nslO,. III ysc ;G .9 9S,9, "
pis stsi 5 81 lso Jill. ii.
Among state issues Virginia % per cents
sold al 51s.. and South Carolina non-fundable Gs
at 1lh. OF city bank stocks Commerce sold ,oD
at 16S and 17Vl4.
The general bond market was a little more
active. but reported transactions amounted only
to about s7S5,O00 at face value. The movement
Of prices was upward in an irregular fashion.
American Cotton Oil So were aciivc' out they
lost only a per cent. Rock Island Is closed UNI
changed at 94ia after sales at %i4. On the
other hand Northern Pacific consOl Js rose a
per cent to 3la,. Philadelphia and Reading In,
comes strong. but not specially active. ana
firsts IL per cent higher at 3O$a. and sec
onds z, per cent higher at 1875. Rlchinond
Terminal 5s. receipts advanced per cent to
90. Reference is made TO our fun report OF
bond sales
Money on call was in excessive supply and
the bulk Of new loans was al lia per cent.
The Clearing House statement was as fol-
lows: Exchanges $sl, 769495; balances, So
39S.429.
The sub-Treasury debtor TO the Clearing
House $lliS 003. Its net gain on balance was
currency minus q loss Of $500 72l in coin. The
days operations covered: Receipts, A,i41oo:
payments, $3.0i910s. resulting in general
balance Of s55GiS.9 94. consisting Of As,s1,9S2
coip nd III 01o
The Treasury bought $1,000 ounces Of silver
bullion at 73.45 cents an ounce, ana offered the
same price for proposals OF 251, 900 ounces.
The United states Treasury at Washington
received to-day $4H,S1o National bank notes for
redemption. 49,,
nal revenue receipts sj75127 and the mscel-
laneous receipts >64.353.
To-dav's Washington Treasury statement OF
cash hand and deposits III bank coi'lpai ~, :,
with the figures OF the last previous statement
as follows:
No. .o hand o. a So ,ca 80 occ D"si,g'S
X: . &i@$ on IA S S!s '9isa5sSs s4s 80
Actual cash in TIE
c"rtiGc,,rs :IOI 81 1913 sIOI Gos7 De- sou
Deposits in bank. 12.Al7.9j4 l2's2 %" Inc IL,
Ne. cash bal STA 1886 352 sIi83oJ 90 Dee s'5o12G
The fore;gn exchanges were lower. because
there was an absence Of demand Tor remit
tn
those on London Following are revised quota
tons for actual business Bankers bills.
81 S2K asa S2sf and 81 Silt for long ana snoi,
sterling respectively; French francs. 5.NAw
52O5s and j.19zs; reichsmarks, 4>sM%r+ anu
9jSs. ,,,,
In London British oonsols again yielded
lie to ss 3-l6 for both money and the account
The bullion balance Of the Bank OF England
was not changed by the days operations IN
the open market money was in good supply az
lasM1Is per cent for discounts and 1aHA per
cent for daily balances Bar silver was q
trif1e higher at 33S4d an ounce. American ran
way shares were depressed and. as a rue, 'i s
prices were the lowest. At Paris French 3 pc"
cents were firm at $685. sight exchange on
London being again higher at 25l7 francs 10
the sterling. -
The directors Of the Baltimore and ONO Rail-
road Company declared a dividend Of 2h per
cent on the common stock payable November
1S. The net earnings Of the road snow d
surplus Of $4,000 after paying dividend, all car
The Homcstake Mining Company has de-
c,ared dividend No. 1s3 Of 10 cents per
share 1l2 500. making $50j62jO paid in diyi-
dends to date. payable AT the Office OF lhe
transfer agents. Mcssrs. iounsbery Co..
Mills Building.
The following securities were sold at auction
| at the New-Icr< Real Estate salcsroom By
| Adrian II. Muller & Son:
$1,000 Texas 6 Pacific Coal Co. 1st MORTGAGE pei
eco ,ha'e. Essex Printing TELEGRAPH Co...
c ., n so%y L9P" scsod 1s' os @ S Railway
lst morralc prr eol bonds duo ,u'y /. 1920 10
80 .s ssS' Z GGtlyn SIX 1si 'S co. @
O. shares rnurb'r. wiv,m Co. Ereleiled. 2j'r.
| 80 .halcs Third Avenue Railroad 40.
RAILROAD EARNINGS.
| BALTIMORE ASD OHIO SOUTHWESTERN.
1891. Isoe; 1892
s S~@si' r 81 % ie Del sass7 SET s,e5''