New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-21
c,os,Nc PRICES OF PHILADELPHIA STOCKS.
NA0 ptd ,.kcs BID Asked.
WHAT WAS DONE IN STOCKS.

MONDAY,
The stock market to-day was continuance
of the narrow, professional specuiauoh VIII"
marked the close of last week. The dealings
in American Sugar Refining monopolzeo the
larger share Of the attention Of traders, con-
tributing about one-quarter Of the total record
of business According to common expectation
the general market enjoyed an early rally on
the covering of shorts and the gair% amounted
70 about 1a61 per cent. But stocks were so easily
supplied that the bears ceased to buy al'er 'he
FIRST hour and the subsequent movements Oh
prices were downward. The strike on tne
Iehigh Valley Railroad exerted no influence ex-
cept. perhaps, to call attention to the strength
NJ tho coal situation and advance Delaware and
Hudson and Lackawanna. Reading was indif-
ferent to the developments. and after selling at
2o,k 1t receded to 1sh@1s%. The only railway
shares which were moderately active were Chi
cago. Milwaukee and st. Paul and chicago
Burlington and Quincy. The theory in foreign
buying in ST. Paul up to 64A might have heid
water If the price had not closed back at 63es,
while the early weakness In sterling exchange
recovery in rates or other international
stocks Atchison closed unchanged at 1873, after
selling up to 201s; Louisville and Nashville lost
u per cent. Notwithstanding smaller loss IN
earnings for the past week than has marked
the recent previous record, and Union racine,
after sales at 1Sh. receded to 17A. The rally
price to 1874. but 1t was sold down later 10
7sA@7s%.
weak. The early sharp rise in Sugar from s3A
to 94% was succeeded by fall to 92A@92ss.
Distilling and Cattle Feeding was fairly active.
era Electric sold up to H. but closed at ssh and
perhaps the discomfort Of holders Of National
Cordage at the long delay in announcing the
in a drop to 201sQ20z against "a last week.
The speculation as a whole was not essentially
different from all the recent markets since the
passage Of the Silver Repeal bill: Its early
strength was merely the reflection OF the popular
sentiment that regarded a rally as overdue. and
the disappointing brevity OF the rally was not
THE DAY IN THE BOND MARKET.
4 per cents at full prices at the Stock Exchange,
and the asking quotation was raised per
cent. Final figures were as follows;
u ;in 81 IL q; i Ssr s sSn cur s' "
it, 1s ii liz s. : cur &: s;
In State bonds the feature was the activity
in Virginia funded 2-S per cents at 3d. Ten
nessee settlement IS sold At n.y. CITY bank
stocks were neglected.
fairly active business was done in the gen.
eral bond market; the transactions amounting
prices was toward improvement, although the
demand was for special issues. Unusual ac-
tivity characterized the Chesapeake and Ohio
issues consols Is rising " per cent to 103. and
Richmond and Allegheny division frsts gaining
per cent at 49, Beech Creek firsts rose ~
per cent to ssh, and there We're unusual deal,
ings In West Shore guaranteed Is at 1O3RQ
103H@103% Little Rock and Memphis hTsts
advanced per cent to 81. Atahson secopds
a gained the fraction at 1875, but the general.
Is were almost stagnant. Chicago and Eastern
Illinois general IS were z per cent higher at
9sA Reading issues were irregular. but the
frsts incomes closed down " at 33is after sales
ND fho Ac lnot mar N a
New-York Chicago and St Louis firsts fell Y
per cent to So Union Elevated frsts are per
cent lower at 1922, Reference is made to our
full report OF bond sales.
Money on call ruled at ~ per cent. with
some loans as low as l per cent.
The Clearing HOUSE Use statement was s as follows
The Sub Treasury was debtor to the Clearing
House s320.s27. Its net gain on balance since
$50 in currency less loss Of $4,000 in coin
The two days operations covered: Receipts
s4.ssl.sso; payment: H;!ss;2a, resulting in a
81 ESQ coin and s2a.s25,ss7 currency. WV
received today sSs0.slo National Bank notes
The customs receipts were ssss 1884, the internal
receipts sios,csi. ~ w Wv '@''
To-dAy's Washington Treasury statement OF
cash on hand and deposits In bank compares
with the figures Of the last previous statement |
as follows:
Nov. H. Nov. 90 Differences
Ntt gold hand. $ss eeo3f t~ss3.sW Dec. s5s7 90
Net legal.tendes on
HI :;' :;:i on hand s ssss s s'' I nee 49, sas
Actual cash the II
Treasury eaults 1
Gates ... -. 10 so 500 si77 1872 Dec &, 1os ,ss
Deposits IN bank... ri. S7S& a. 7s3sso ,islssG,
-
Net cash go ZIG 3io53;o. 722 Dec.
The Mercantile Safe Deposit Company ofrthis 4
city reports silver bullion on hand, to secure |
outstanding certificates. amounting to 1553l2 |
ounces. |
The late concessions of Saturday In the foreign |
exchanges were followed this morning by further |
weakness sterling selling down to "a 82h and |
~ M tot f,,