New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-02-07
WHAT WAS DONE IN STOCKS.
Monday, February 6-p.


Tho market to-day was mainly one OF Sp''i'"
o,.amorts While in the early dealings some
.,rerOth was shown in particular directions 'h'rc
,.oo M generally sanguine advance that r'hec'cu
confidence in the vote 70 he had IN the 'hi'ru
States Senate on the question oil taxing up '"e
bill for the repeal Of the silver purchaS
Vet the defeat Of the motion Tor lmme"ia'c VI"
.;o, sa,red as an excuse for the vigorous sell
inc in the afternoon which left final prices be''"
tho closing Of Saturday. 1t may be douDtcu 'na'
odav's vote in the Senate was q true test OF 'h'
nund- money strength in that body, ana ever"
Il be accepted as casting Encouragement upo" '',e
prospect of an early repeal OF the sl'er law
does not end the efforts to be mace AZ ,hiS SD
sion Of Congress for currency reform Nor w.
Il in the least lessen the Importance OF the iac'
,ha, ,h. moaning Administration will use us
mower at the earliest opportunity TO remove INV
cause Of financial disquietude or at the least 10
provide for full protection against tie e'ii' %
the silver policy. :,
The industrial shares continued prominept III
tho sncculation, but without their recent uhrea
souab,e monopoly Of activity. lhe course u
American Sugar Refining was upward anu d.
Though after touching 1874 3D. there was reces
sion TO 1873 u.s. the last price SHOWS g my AMI
tat,l, Feeding after opening up IS AT 80 -
Was Steadily pressed for sale down 10 =: I-.i
The leader in the railway ist was nn, ar thr
a. the recent sefre Of this stock has been Da,e a
on specific considerations the declines IN aie c c
s s;ns Activity in NewYork and New-England
carried the price to 80 rs but there was la'er
decline to 49s4o Is Perhaps II Is nnior, ,nlasg
th.t tbe fate OF this property should be linheu
I closely in the popular theories with the Read
ipp and its management. Northern Pacific pre-
ferred was strong up TO oU as on rP" n Iiomid
.nn of the floating debt, and while 1t reacted
easily 70 40 IA il was one Of the few stocks tIas
held net gain at the dn9 ;rnr Hs Th acvty was
81 paul. but the entire group was depitsseu
3.4aI = per cent rumors from Chicago Ihre'.-
ening an extensive Strike OF ,rasea attention
~ ihe subject of a possible reorganization by
Drexei. Morgan & Co, but speculation Is BEGINNING
te w. ,aN' Among the speciaties Manhattan Railway
terms ,,, -. q ner cent New-YorS Susqnehanna
and Western common was strong anu IN .oinnha
,hc Immersion grows that progress must ne making
,e ,hn Mans for clearing the way for this stock
10 enjoy later on some OF '"e ''"e"'' " WV
co,rnanv,s increasing profits. A.,
TIC strength of the foreign exchanges ana Tue
rro.nccts of important gold shipments ms WIS .
creased the senstveness OF the ar"r recardime
msf , Emte.s vote on silver Yet the concerted
s ssn Which carried the whole market down IN
the last hour probably iy creasH many ''' ''
tracts TIE 70 Pc Day ccye iN TiIE BOND MARKET
Government bonds were stagnant at the Stock
r,'cIonce hut the market was firm. Fist qio'a-
tions were unchanged as follows: .,
Bd.Asked >, G. an. r. 100, ioS "
Us AIS 1891 c.L. = g g c", Gs iS9G i0I, 49,.
tuucd at per a.. I, 81 cur 6s 1857 ITO So.
ill., ill., is
Dis col 1868, 1894. 1fls So.
There were no tranattons in state se Hnrl, 81
OF city bank stocks the Cly SAFES weI v,nt Va.
Commerce 49, ut ,Ja@l9o ~ Az" +''''' "
<touul IN Mt 1875.
The general bond market. while s9'n s,sh
ms ,eS III. chief exception was the weakness
II the Reading issues. the second preference e M
comes falling per cent 70 80 and the thirds r o.
:! 70 y, active at loss of J.? per cent at
20 ~. although the 6s advanced ! per cent +; To
81. Chicago and Northern acme is's w WIFE, 20
demand nj a uain Of I pr cent at 30 S"cfso
a aed Eastern illinois general So gained the irac
ton at 10? So Chicago and nrs ns,d a 70 our P
ia per cent At 100 ~? Keiere"cc IL ''''" :" '''
s.{e S.so< nf 60m