New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-14
,,.r ,,p,ct,. M pIIILADFLPIIA STOCKS.
WHAT WAS DONE IN STOCKS.

Tho stock market to-day SNIP!
other illustration of the narrow ahu P'o
character of the current specu.a''o"
lions not being recognized as con'"''
uublic confidence there Is an aiii'o''
',,a, 81 o,ts;1o interest but on the other manu.
operators for fall achieve little SUCCESS ~
dis,odgine long stock In fact the SNORT III
.sa, ,.o,,,d seem 70 have reached dimensions
that suggest caution on the par' Oh ''e ''"'
roo,;on and the policy Of prudence furnishes
,,.;,., cunnort TO the market which othenwlSc
yrnuId be lacking. The dulness OF the ia" 10y
list and the small extent OF the u .e,'. ais
corded prove that the bears are sains The
nosed 10 take profits on previous saicS -
aat.ention of spectators to-day was cohcel.l".
unon only a few issues Ire-eiii'nen. ~. "1
these was American Sugar Keiihihs; VIZ, man
M, M, " ahnut GO 600 shares absorbed more IMAM
u per cent Of the total dealings ine ~ III ,he
rrire was fraction lower at 9''sn'''s, anu ~
decline was virtually continuous 10 - sntai
mr. ,ro,.yt of industrial depression or spcOai
weakness in the market for sugars - "a.uI
needed TO explain the crrauc cCuise VI ,hn
that for months at a time ials 10 IchIs
",eor sryestment estimation Of It's earning ca
nacitv or dividend-paying record. IN w S" IL
class may be placed Chicago Gas whiII 10 10, q,
ner cent These two stocks were inc ieau.'' '
ppeirt 81 activity. and a turn Of the specu-
latiye wheel might cause an advance as ~, ~,
plicable as their declines me ian VI ii, , ~
! nor cent in Distilling and CattIe feeu'ns me-
he wondered at in view Of the prospect oi III
creased duties on spirits apparently coi,s
plated in the coming scheme OF tail.I iur ST. ,i
There was force IN ccrldih una
rumors respecting an industrial corporatloh 'o'
these seemed to be founded upon miis ,on iI
lion of a scheme Of reorganization when VIII
command fresh capital $3.50, -
In the railroad group the declines which eA
ceeded / per cent We're IN TWO slocks ma
occupy diametrcally opposite hhahcia G., Pos
tions-Chicago and Northwestern ana CmSako'
Burlington and Quincy. The weakness oi W,
la st named stock Is the more curious III view "a
the supposed extensive short interest ou'slanu-
ciall &c
declaration of dividend. which, according 10
all well-informed authorities here, VIII De at
the regular quarterly rate OF IA per ceit.
curelv the signs Of revival in business noted on
an hands are applicable TO Quincy as 10
other Western properties me actlNiy, VI
chicago Milwaukee and st. Paul resulted III
only a trifling decline and other international
stocks were comparatively steady, although FOR
eign exchange advanced further me ma lns,o
Iators of New-York and New-England, which
"bottled-up' the road last week, took out me
cork and permitted rally from 2'$4 to sag
the Pennsylvania coal fields. The ambitions OF
This road in the direction Of New-fork cry
are more important to competitors than traflc
alliances for a comparatively insignificant coal
tonnap e over the Poughkeepse bridge.
The market was dull toward the close, but
it yielded percepiibly in sympathy with re-
newed selling pressure against the ieau"S III
dustrial stock.
THE DAY IN THE BOND MARKET.
Government bonds were neglected at the
Stock Exchange. The market ruled STEADY.
with bids for some OF the distant currency
issues advanced Y per cent. Final quotations
were as follows:
u ;ss;ls sss 1s'l ss"s lsss1Sss
'ssi f. II ;''; ii'S''
Dealings in State bonds were confined 10
virginia 2-s per cents at 52a.. There were no
sales Of city bank stocks.
Transactions in the general bond market were
ID,ice
| out. Louisville, New-Albany and chicago
consos were in demand at rise OF ~ per cent
| to 100 Atchison as were active, but closing az
20 showed loss Of a per cent, the seconds "A
| ralIying u to 377s. Chicago and Northern
Pacific frsts gained the fraction at 4j7s. but on
much larger business Northern Pacific consoi
| IS fell to 32k. and at 80 closed rs per cent
| lover The sales of Erie seconds consos were
light but the price declined IL per cent to g. ana
| small sales were made seller so days at Glls.
Reading first incomes gained the fraction at at
| 357s. and thirds were z per cent better at ~
but general 4s. a fair business. after selling
at a. ended down y per cent at 7Oi4. Chicago
Burlington and Quincy Is ranged from l19A to
| 119hMll99s. West Shore guaranteed As were
! moderately active at 103Nl025s.
moderately active at lO3Wl02fs. Reference Is
made 20 our full report of bond sales.
Money call plentiful at ~ per cent.
| The Clearing House statement was as follows:
| Exchanges, $78,07f130 balances. A.220,i2S.
! The Sub-Treasury was debtor to the Clearing
House S72O.l74. Its net gain on balance since
Friday si2G2ol1. made up by gains Of
!
two days operations covered: Receipts, 1881
| 229: payments. $6.075.2lS, resulting In n general
| balance of ISL 1880 consisting of S58,s6l,lI6
| coin and S22,s5S,7 04 currency.
The Mercantile Safe Deposit Company OF this
city reports silver bullion on hand to redeem
| outstanding certificates amounting to 1892
ounces.
The United States Treasury at Washington
received to-day S72s4l2 National bank notes for
| redemption.
The customs receipts were S545 s07 the inter-
| nal revenue receipts $7OG,72l. and the miscel-
! aneous receipts $5S.2C0
| To-day's Washington Treasury statement OF
| cosh on hand and deposits In bank compares
| with the figures OF the last previous statement
| as follows:
| yov H. No.. L., DI-c..uces
No, cold on hand ssJ4loIi0 sSi,SJ903S Dec III O7o 5oi
| ~, cgalcnuer- on ma,
on hand: 1900 9.o az INC. n3?ll
| Net silver on IL d ',Vo''"'i ',-o,o occ' oi"'o'"
| Actual cssh n ne
| Treasury ,aU,,
over outstanding - -.o o-o soc zoo 20, ~. -. 80. 49, .
ean.l