New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-03-31
CLOSING PRICES OF BOSTON STOCKS.
WHAT WAS DONE IN STOCKS.

WHAT WAS DONE IN STOCKS.
Thursday, March SOP m
Stocks advanced from the opening and generaliy
.ho closed at the highest prices for the day. lho
moyament was not uniform, however, and III
activity and strength the foremost stocks were
Distillinr AMI Cattle Feeding, Sugar Refining anu
ona or two other industrial stocks. Sups'ah'iai
advances were made by the Granger shares ou.
in this grouc Burlington and quincy gaincu
mucb more than Rock Island, Northwestern OF
o,,on 6, PAN, or the coal stocks LaclSawanna
was higher on the declaration of the quarterly
dividend, but Reading was virtually uncnahscu.
Missouri Pacific advanced per cent anu Oh sn'aii
transactions Union Pacific gained IL per ceh''
Int exceptionally Manhattan Railway lost i-4
nor cent. The advances were in spite OF higher
rates for money and foreign exchange Inc hurry
in the money market was due to the concurrence
that il was the last business day OF the week az
well as the month and quarter IL was heiPeo
also by the fact that loans amounting 70 S'eia,
millions were called in anticipation OF di'ioenu
and interest payments on Monday. IL was eS'i-
mated that about So, 100000 loaned in the Street
was called on account Of the DIVIDEND on oueal
Refining stock, which is payable on that day
The movements in the stock and money markets
were q natural consequence Of the Easter holi-
DAYS No fresh interest was excited by them. and
the trading remained local and strictly profess
sional Ordinary spectators were inclined evil
IDENTIFY to close their outstanding contracts, ana
the balance was in favor Of an advance. III Is
noteworthy that stocks which have an interna-
tional market were neither active nor specially
strong. The buying was certainly not for Euro
pean account, and the strength OF the foreign ex-
changes was indicative OF continued return OF
securities Rumors of gold shipments were circu-
lated but no engagements were made formally. and
il any shipments shall be made on Saturday,
they will probably be small. At the same time
rates of exchange on Paris at least, permit gold
exports.
THE DAY IN THE BOND MARKET.
An odd lot of coupon 4s at IA l-2 was the
only sale of Government bonds at the Stock En-
change. Bids for both CLASSES Of As were raised
4 per cent Closing quotations were as follows:
u ;.s St s; . as Is s$:s 1ss s
u! Rsr &C. cent isS 1fs s sS.Ss 1sSsis
p " CO.. e. s lSs7 III ~ % GURUS
State issues were wholly neglected and there
were no sales of city bank stocks 80
other prominent feature Erie second consols were
materially higher at 9S, but few bonds were
offered at this figure Inc general mEVenr riber %,
Pacific frsts were unchanged at 70 3-s. Reading
issues were dull but the general ~ declined 3-s
per cent to - 1-s first incomes 70, to AZ, ana
second incomes l-s per cent, to 81 l.2. These
prices not in every instance the lowest LOT
the day. Reference is made to our full report OF
bond sales.
i'm rates was due 70 the occurrence OF holiday
at the end of the month and quarter At the
Stock Exchange loans extend to Monday. Early
loans were made at per cent, and after 10, the
rate again fell to q per cent, but in the last hour
it rose TO %, and the last loans were at IL per
cent.
Exchanges, S07,a2O,l2O balances, $4,ss3,235:
The Sub-Iressury was debtor to the Clearing
House S4l7,3ls. It's net loss on balance was
made by losses in GSa
included: Receipts, $2,32e,94l: payments So
1889 resulting in general balance Of $97,-
226,s3s, consisting Of $76,63l ,?4' coin and $780,
The United States Treasury at Washington
received to-day S2I7.64l National bank notes for
redemption.
The customs receipts were s7o7, 800, the internal
revenue receipts $45l,743, and the miscellaneous
receipts S63,356.
cash on hand and deposits in banks compares
with the figures Of the last previous statement as
Ne. gold On so7 sa5 sioe Sites Dec 1853 So
70. hand = 1ssestss 1889 80 Dec 1922
Actual cash in the
Treasury vaults
certiacaes s1ss s4s 0.2 sIs4 2o9 IA Inc 1862 oOc
Deposits IN bank. 1i,424 230 112406S Dec 1S3,j47
Net cash hal s145 oGs I7s e45446.s33 Inc sl7s C55
The foreign exchanges quiet, but dis
tinctly higher The advance IN rates for long
sterling was caused partly by easier money in
London, hut rates on Continental points were
higher without similar pretext Following are
rates for actual business: Bankers bills,
- sc l-4aS4 s6 1-2 and "a SO for long and short
sterling respectively: French francs. 5.l7 1-2 and
5l5: reichmarls 95 Is and % GIG.
FOREIGN MARKETS.
The governors OF the Bank Of England at their
weekly meeting made no change in it's minimum
rate Of discount, which remains ut 2 l.? per cent
In the week the bank lost E83s,O0O bullion, and
the proportion of reserve to liabilities lowered
from 49.7s to 43.3l per cent, against reduction
from AS? to 4O.45 per cent in the correspond
ing week last year, when the discount rate was
unchanged at per cent. At the London Stock
Exchange British consols further advanced l-s per
cent 10 % 7-16 for money, and 90 1-2 for the
account. In the open MARKET money was easier
at 1-2 per cent for discounts and 1-4a2 1-2
per cent for daily balances. The price of bar
silver was unchanged at 80 1-8d. an ounce
American railway ahsres were dull but strong, and
the closing was at the highest figures. At Paris
French per cents further declined to 06.S2 l-2.
Tho weekly statement Of the Bank Of France