New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-02-07
CLOSING PRICES or CHICAGO STOCKS.
CLOSING PRICES or PHILADELPHIA sTOCKs.
WHAT WAS DONE IN STOCKS.
Tuesday. February 6-p


The unwhoesome prominence of the indus
trial stocks was maintained to-day. The re-
corded transactions in American Sugar Rein
ing Chicago Gas and Distiliing and Cattle
Feeding were nearly twothirds OF the total
business. As ;hs was Of moderate dimensions.
the complete stagnation OF the general market
must be evident. That the recent advance III
the leading industrial shares was largely specu-
lative was proved by their weakness. in sugar
Refining which retained the foremost place.
the demand for the short account seemed 10 he
fully satisfied and as there was plainly no
other buying the price yielded almost from the
start If Washington was the centre Of the snort
interest 1t Is doubtful If II expedient to force
II into covering Inside interests would hardly
make this mistake when they are hoping mat
the Senate may be induced 10 afford pro'ectoh
10 the company BY changes in the tarill Dill
passed by the lower house Of Congress. Inc
stock declined 2 per cent. and showed no indi-
cations Of elasticity. For the decline IN chicago
Gas there was the excellent excuse OF the pass
ing Of an ordinance by the CITY Couhcils Oi
Chicago last night by which competition Is not
only permitted but encouraged. III - pOssi-
bic Of course. that the action of the Aldermen
WAS designed to assist speculation ratheT Nhaii W
heIn the interests Of the city. because other
votes have been proved TO be, al least liS'H''i''
At the moment. the Chicago Gas COMPANY hP-
tition which Is well backed The STOCK Opener
IL, per cent lower. but after a iurthrr si'd'.
decline was stoutly supported. ana IL cluS'u at
its first price Dietng and Cattlc feedihe'
which preceded Chicago Gas IN ac'iNllH' "1s
strong in the early dealings ana aIthouEn ~
ended ithout substantial rally II lost htte
over / pcr cent gainst an advance OF rs per
cent Yesterday The business OF the cohlPanS
,s stated officially To be large ana pioSpet",u
and AN advance in the price OF srir1ts ma! pe
,na1a N any time at the discretion or the cN-
acnfive officers Apart from these STOCKS inc
market presented no interesting features. Oh
small sales Northern Pacific preferred iVst VIZ
in,nrovement made yesterday. wniIe hlCi,i'o'lH
Terminal was aroused to new me- anu -
centiouallv scored a fractional gam. IN s'nN,.I'
thu. closing was heavy. but in me RAILWAY IT,
GnaI declines were not over AYE per cent '''
an average. ,, ~, account
payments at the SubTreasury on acc9u', pun.
~ cuhscriptions to the new Govefninent ipa'
amounted At the close Of business 10 81;
az this amount IT was estimated that nearly 'Wo-
,h,rds ,yas In actual coin. The washington
statomen, which probably reflects the operations
NJ S,bT'rnasurics only 10 Saturday noon Sno"
rece;pts of GOLD on account or the iod" VI
s16,17l 900.
THE DAY IN THE BOND MARKET.
c,au solos Of registered As at 1872 ana ia
g,,a strength to the Government bond nlaIh"'.
and lids for both classes OF ms iSHur VIZ
ra;ced 4 ner cent There were no TRANSACTIONS
IN Continued 2s but bids were advanced ~ per
cent The closing quotations were as 'olio"''