New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-04-19
WHAT WAS DONE IN STOCKS.

The market was Of all Sorts Some stocks We're
weak in the early dealings and aitcrward en-
tremey strong, while some Others, which started
out vaanty, ended with apparent defeat Ih'.
controlling influence was the uncertainty about
the currency. That the Treasury Department
has before il difficult problem IL proved by the
many rumors about its policy and the innumcrable
suggestions which are offered on all sides. 4
fresh issue Of bonds is considered by Wall Street
the only possible relief but objections to an in
crease in the Understanding debt will come
from other quarters than the South and West.
Eastern bankers will be glad to take the bonds
and to compete with Europe for possession Of
them but they will crticse sharply a policy
which imposes new burdens for the sake Of piling
up discredited metal. To pay for silver bullion
in anything less valuable than gold is only TO
disturb the parity between the two money metal,
The silver producers, who really have only one
market for their ore. would not accept Treasury
notes if they were payable only in silver Tie
sellers Of silver will admit that they have no
intention of taking back at the same price what
they have sold TO their only customer. The
international Monetary Conference ought TO re-
sumo its discussion before the date to which il
was adjourned
The closing of the stock market was not strong.
although final changes were almost invariably
ever, which fully recovered the losses suffered
yesterday The exceptional declines were without
special meaning.
THE DAY IN THE BOND MARKET.
sale Of $4,000 coupon As at iI3, which was
Yesterday the bid price. weakened Government
bonds, but the changes were restricted to the As
and in them were not important. The closing
quotations were as follows:
U. s.: 4hs. 1891 U S. cures 1so5io5 ~.
continued u S. cur.6s 1896 io7la 49,.
USE 1897 1897 reg 49,, 1i 1s sssis
DsCol 365. lS3illlia 1l2
State issues were wholly neglected or city
bank stocks Mechanics sold 49l at 800
Inc general bond market was slightly more
active. but the increase in transactions was not
sufficient to relieve the comparative duness or
check the irregula rity in prices. Richmond
Terminal collateral trust IS rose from AZ 10
a. 81, but at Al gained only per cent while
6s lost l-2 per cent at n IL after sales at
76 l-2. Erie second consols We're quiet but IL
per cent lower at oG l-2. There was not much
doing in Reading issues, but the income, opened
strong and the early improvement was not en-
trely lost. Texas Pacific seconds seemed to be
pressed for sale and Wabash seconds evidently
to our full report Of bond sales.
Money call at the Stock Exchange was in
ample supply at 4a4 l2 per cent. Renewals We're
at 10 per cent and the bulk Of the new bust
ness was done at the lower figure.
The Clearing House statement as follows
Exchanges. Si36, 034,l67: balances Sj966.9jI.
The Sut-Ircasnry debtor TO the Clearing
House Sl.295l9S. Its net loss on balance was
S25sa9G made up by loss of l,243, 500 in
currency less gain Of S0s4,sO' in coin. The
days operations included: Receipts, Si,jiO, $50
payments. 81, 709.956: resulting in general bal
ance Of 1892 S3.423, consisting of So. $50, $40
coin and S16397,j63 currency
The United States Treasury AT Washington
received to-day $300.73l National bank notes for
redemption.
The customs receipts were S543,3e2, the internal