New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-02-10
CLOSING PRICES OF CHICAGO STOCKS.
CLOSING PRICES OF SAN FRANCISCO s~ccKs
Sen Francisco February o I,el
WHAT WAS BONE IN STOCKS

FRIDAY, February = y. NJ
The conspicuous feature Of the stock market
to-day was a dull and obstinate strength. Flrc-
tuations were exceedingly narrow. and final
changes insignificant. There were occasional
rallies when the short interest in any stock
became frightened. but the demand was supplied
so readily that fresh sales for the same account
were made There may be large short inter
est in the market. but the rates in the stock
loan owd deceptive. While money Is
easily attainabe at l per cent on call ana 2n3
per cent on time many holders Of securities VIII
not bother with the loaning Of them There ~
consequently an apparent scarcity OF STOCKS Ill
the loan crowd. which would be dispersed by
even q temporary disturbance in the rates Tor
money. There Is. however. no immediate pros
pect OF higher interest rates. ana even the WITH
drawal Of some s4s 600 900 from the city banks
I'm consequence OF payments on IN" new Gov
eminent loan has not stiffened rates. II ~
perceived that the Treasury had Il large place
for the proceeds Of the loan, ana pfooap!y II
will be ONLY short time before the subscriI IONS
bv New York institutions Will he returned I'D
the course Of business. They VIII be prepareu
again To give patriotic assistance 10 me iIeasu'!
when the next loan is announced whether they
will do so on the same terms may not pe
assumed. The movement OF currency mas pDe'i
toward the centre. but only on %. a III Wv n
scale willie the banks have lost S"i''flo' ny
Sub Treasury operations. Predictions ABOUT the
weekly bank statement to be published to-inor-
row may be omitted. ,,, -
The stock market was uncertain WITHIN narrow
lImits Nearly one-half of the total business was
furnished by American Sugar Rehning. wmrn
closed "a per cent higher at 1873 alter ~,
limited to ~ per cent DistiIhng ana 'h''Ic
Feeding was less active and 1t suffered a oSS
Of the same fraction. Both stocks are snipoSr,d
to be controlled by advces from MaSn'"s -" np ~
regard to tariff and revenue legislation. a UNI
form duty on all grades OF sugar may pc M
posed end the tax on distilled Splits hlcrruS',
but the market prices OF the STOCKS susses, '..a'
/ orl an a
tion and that il may be several months before
the President will be called upon 10 ai"N ii.S
signature 10 new tariff ana revenue DILL .c O"
no Interesting feature St Paul and the other
Granger stocks were sanchly supported ana ~
the lnte dealings Reading was In moderate re-
quest. There were, however. no Uansdc'lo, ~,
in some stocks Of importance ana no chhhbc' ~
many others. While final variations WeIe az az
vidcd. advances were more numerous VIA" "e-
clines and the closing may be caHeu s"o"H'
THE DAY IN THE BOND MARKET
There were TO transactions i'll GoVerhmcht
bonds at the Stock Exchange. but me nSiIh.t
was firm in tone and bids for both classes "I s.
we're raised Il per cent Tho Closing d"o'"'''"'
"''e 40 ri, ..Dea rd.Asked.
~ 1891 ~ is err cr IS g, is 10! "
p E.5 Ser" az E:i isa i 1853 j$ s
Ts 4. 4: 1 1Ssi iis iii s U.s. cur "
Among State issues Virginia ftndca den o. zos!
prr cents advanced further PEI cent 10 o't
M59's. ard the dealings In tnein "'rr w
large. The only other TRANSACTIONS "e.e ~
Tennessee settlement Gs, when also "erc s'luns
at 76 or city bank stocks American Exchange
sold OD at 147.
The general bond market was quiet and strong
There continued to be IA good demand. anu coi
ecnuently the movement OF prices was upward.
The Philadelphia and Reading ISSUES were ION, con,
spicuous by their activity and strength: fiIst
incomes closed q shade higher NJ @o's, aiur
touching &c: seconds gained u per cent Al 20;
thirds !, per cent at q. and general mortgage
as as much as 81 per cent at '"h' N'chison
As declined Is per cent to 49, ana i~n,h
single bond fetched 1874. Northern Pacihc issues
remained heavy and Chicago ana Nor,hrrn , "a
cidc nrsts, small sales. fell "a per cent 70
49, New-York. Chicago and 81: LOUIS IS ad-
yanced "a to 99h. and an exceptional gam was
made by Hooking Valley IS wnicn ro sroLra "a
gained the fraction at 203s Reference is made
10 our full report Of bond sales.
Money on call was unchanged AT per cent
IA thsr. were no Indications OF disturbance IN
onneenueuce OF payments on the Government
loan. ...o. ,,os .s ,oru,..
exchanges sGG 1888; balances. A.!S,6l2.
crhe sub Treasury was debtor TO the Clearing
House 500 4G9. The business OF me sub,Treas-
ury for the week ended tonight includes re-
,s nf sa7 1S3 25i and payments OF SOS $50 14s.
leaving the general balance S1Al.'~2sa, against
MA 49, 1888 on February q an apparent gain OF
coz s9S 10. Deducting from the payments T-
90 900 aud from the receipts $23730cO, for Items
which affec. only its account with the general
,rrrasi,ry i's gain az Affecting the banks ~
90, -o- 10, In the past two weeks the gain has
been sts. Sis POS. while payments on the new Cow
ernmen, loan were sis,Gss,aos
oed oaynents EH2s03. with balances OF $685.
40 40 no coin and s46S7S1s3 currency.
che Mercantile Safe Deposit Company reported
s,,ver bullion on hand at 1Si,7s4 ounces, an in
crease Of 9152 ounces
THE United States Treasury at Washington re-
co,yed today $s77.os7 National bank notes fer
TSs customs receipts were s77sols the inter.