New-York tribune., 1894-01-06

CLOSING PRICES OF EosToN STOCKS.
Boston. January ;. iS9t
WHAT WAS DONE IN STOCKC.
Friday. January ID N,
Tx dividend

WHAT WAS DONE IN STOCKC
Friday. January 5-p. m.
The stock market was dull to-day, and. in the
main. the trading strictly professional. The
speculative apathy was not unnatural. The
Congress again has done nothing, and while the
Committee on Rules has fixed Il date for final
vote on the Wilson tariff bill. the bill itself has
not yet been presented 10 the legislative branch
Of the Government. A majority Of the Ways
and Means Committee is in favor Of q tax on
personal incomes and the President is reported
TO be opposed to this plan of raising revenue
In this division of opinion II Is impossible To
say whether there will be any change in the
tariff and when a decision is reached. whether
the tax on playing cards will be or 10 cents a
pack II is this uncertainty about the action or
Congress which prevents speculative activity.
NNin the duty playing cards be cents pack
or something more? Foreign commerce may
possibly be determined by the settlement of this
question. 1t is plain that Europe VIII take no
interest in the game until the National Legsla-
ture has decided what tax shall be imposed on
the cards. An income tax. a duty on all grades
OF sugar an issue of bonds are matters of less
importance. The passing Of dividends and even
he appointment of receivers may be disre-
garded Louisville and Nashville and Missouri
Pachc fell nearly per cent. but ruinors regard
Ing both companies were rot confirmed. The
frst-namcd stock Is largely held in Europe. ana
Missouri Pacific was the pet stock OF the late
jay Gould. The decline in Louisville must have
been due 20 sales for EurOi can account, and
in Missouri Pacific 10 lack OF conhdence IN
the future earnings OF the COMPANY Neither
company may be placed In the hands of receiv-
ers. but apparently investors unwilling u
increase their holdings in them.
There be no safe prediction about the
action ot Congress The present Administration
is opposed 10 an issue OF bonds. ana the Sec
retary OF the Treasury. in seeking relief from
embarrassment, is inclined 10 revert 10 the
coinage c1 seignOrage which does not exist.
a definition Of the word may be furnished by
the Treasury Department when the coinage Is
begun. In the mean while the gold balance Is
ssfcn IL foil fhn hnS No mo-
Of replenshing T..
There were considerable sales Of Government
bonds at the Stock Exchange but they were at
full prices and the marke, closed strong The
closing quotations were as follows:
eosinui si as as' rs rs cur cur 6: 6: IsssiS Is 49,
Us. Is iso7. reg,i2'. liz rs cur 6. isss 10 "
Dsc" tS a ss s so 1 ii,s i$S lls Is 'u' U.s. 'S'' "
There were no transactions in STATE issues and
Of city bank stocks, the only sale was First Ma
tional of Staten Island 00) at l22.
There is apparently limit 10 the demand for
bonds. Money is 50 cheap that issues that other
wise would be neglected We're in request At
Gibson issues We're strong and higher. Ere
second consols rallied y per cent to Is Chicago
and Northern Pacific. under active buying rose
25s per cent to 467s. and Northern Pacific conso
Js from % TO 3Oi1. Philadelphia and Reading
issues were inactive and weak One Of the most
prominent features Of the market was the ad
vance In Texas and Pacific issues. frsts rising
IL per cent TO 1874. Reference is made 10 our
fui! report Of bond sales.
There was no change in call rates for money
The principal business was done at per cent.
The Clearing House statement was as follows:
Exchanges. SSS.4s0.7G4: balances. $4.495.l56.
=, The D.. Treasury was debtor to the Clearing
House 81 4G9. The business Of the Sub-Treas-
ury for the week ended tonight includes
ceipts Of sl7,035,SSS. and payments Of $50 7GG
leaving the general balance $s7,S7l.2sl. against
S9i, ,40l.l29 on December 29, an apparent loss OF
s3o29SGs Deducting from the payments S5,2S
900 and from the receipts s5lllO0O for items
which affect only It's account with the general
tr-.o .hn ko,t lie 10
S3402s6S. and this result does not include de-
posits Of 100000 for payment at other points
To-day's operations included: Receipts. s5.0oi-
345; payments. S3SSj654 with balances Of S1S-
05..749 coin and s29.sl6,5l2 currency.
The United States Treasury at Washington re-
ceived to-day s524,Si5 National bank notes fer
redemption.
The customs receipts were .i59.57O: the internal
revenue receipts. T&,JJl. ana the miscellaneous
receipts, s47,217.
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:
Ne, gold on hand sSSo 81, $780, s Dec sscciosa
Ne; sspa silver on hand ssss sss5s as In sS
Actual cash in the
over outstanding
Deposits in bank. Ii.5sG6s5 Ii.Gi79ei inc. ci.s2i
Net cash slo3 7ss 476 sIoi 59 $40 Dec So I9G $50
The foreign exchanges remained dun. without
the market was lower. but aftcrward the decline
was recovered and at the close rates were firm
and practically unchanged. Following are final
quotations for actual business: Bankers bills.
81 S3S4 asa 81 and 81 s5% for long and short ster-
ling respectively; French francs 52Od5.lSss and
61SK rechmarks. 94% 4941s and 95ss.
In London British consols were shade higher
at 9S7s for money and 9S 1916 fer the account
The bullion balance of the Bank OF England
was not changed by the days operations In
the open market money was again easier at
~ per cent for discounts and at per cent FOR
bankers balances. Bar silver advanced Is to
31%d an ounce. American railway shares were
dull but strong and at the close no material con-
cessons permitted. At Paris French per
cents declined 25 centimes TO 97.92ia sight eX-
change on London falling 10 25.l5 francs TO the
sterling.
The Central Trust end the NewYork Guaranty
and Indemnity companies which offered Tor
subscription 1850 900 of the Broadway and SeV-
enth Avenue Railroad first consolidated D per
cent ifty-year bonds announce that the entire
amount has been subscribed.
The Reorganization Committee cf the Mica
ragua Canal Construction Company. j. r. Bart
lett chairman. announce that they have re-
ceved assent Of over so 900 shares OF the capital
stock. being more than majority, and that the
reorganization agreement Is declared operative
and In full effect The time for depositing the
stock Is limited to February g.
The bondholdsrs' committee es the Savannah