New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-04-24
e, os1x, PRICES OLE pHILADELrnIA STOCKS
CLOSING PRICES OF CHICAGO STOCKS.
WHAT WAS DONE IN STOCKS.

WHAT WAS DONE IN STOCKS.
Monday. April 2S-p. m.
The stock market to-day was neither more nor
less active than it has been in the last week pu'
the declining tendency Of values was more
general The spirited selling in the first hour ac-
complished mos, Of the days declines ana gave
promise Of an expansion in the volume 81 bhsi-
ness halt however followed the early deal
ings and while renewed weakness attended quo
tations in the last hour the market was not
aroused 10 animation. II was apparent thai iini-
dation except OF a speculative nature. was as
difficult as ever o1provoke, but the dlsp'SlI'h
toward aggression on the part OF bear traders
indicated an effort to force out stocks by The in
fuence of lower quotations. The only significance
10 the speculation was the selling for foreign ac-
count but this did not exceed moderate proper
tons although all the London favorit"i were de-
pressed. This class Of stocks closed al ABOUT me
bottom quotations. with net losses ranging from
| Der cent on 81. Paul 10 las per cent ON LOUIS
Vile and Nashville. 1t Is clear that The Industrial
situation in the United States has begun - "X-
cite the solicitude of Europe. although IN" SPEC
tacle Of COXey armies swarming upon IN" VA
tiOnal capital and endeavoring 20 seize raj ways
ON fh. way may be more alarming To- the I'M
aHnatiOn than the more serious phase Of business
stagnatiOn caused by prolonged uncertainty Pee
speeding tariff legislation. And II Is - De- 70
GREETED tina; demonstrations Of the CoXey charac-
/ ter may be more easily COPIED with than such
extensive labor troubles as the strikes Of the
bitumnOus coal miners.
The Industrial stocks suffered than the
railway list In to-days weakness. American
Sugar Refining declined from IS to 957.. closing
at a rally Of per cent But General Electric
lost about per cent in anticipation Of acipn
looking to a reduction In the capital stock chi
cagO Gas reacted over per cent and National
Lead IS down li2 per cent. II may he inferred
from the 'euggrstiDn' in Chicago that 10 avoid
future trouble. the Chicago Gas Compauies should
reduce the price Of gas az once 10 ST. that there
is less confidence among the bear manipulators
| in the effect Of the decision Of the Attorney
General Of Illinois in the "quo-YaTanto" proceed
! ings. The fall In Lead may may not De due 10
! the eXlgencies Of speculation with which a we'll
| known operator Is believed to be Identified The
| publication Of the expert" report upon Phiadrl-
! phia and Reading finances had been too long de-
/ layed 10 influence the market especially ~ It
: was more remarkable for its omissions than for
| fresh light upon the condition Of that unfortunate
! company The easier money market in Paris
| might be- encouraging except for III" continued
/ strength OF sterling exchange in Ncw-YOrk.
TIE DAY IN THE BOND MARKET
In Government bonds sales Of $4,000 coupon 50
at the Stock Exchange caused an advance Of /,
per cent in quotations. Otherwise there was no
change Final quotations were as appended:
70 i:s e. =. s il; ;s &: K
Us IS. 1871 cou.IIi ii4is rs cur g. iS.,s 10
Is s. 1904. c5aIs i1a h. T. en- c' ~ i,' II5
In State bonds Virginia Gs deferred. trust re-
cceipts. were sold at SIS, and "A half-bond Of the
! light transactions in Tennessee settlement 81 at
| ia City bank stocks were neglected.
The general bond market suffered from stag
| nation. Transactions at par value amounted TO
only 1851 900. The tendency Of prices was down
| ward. but the retail character Of the dealings
robbed the declines OF significance Atchison gen
eral As unchanged ct 1854 but the seconds
! a. dropped ia. per cent 10 347s. Colorado Mid
| land As are on . per cent to 30Ib Northern
! Pacific consOl 81 were active at a loss OF !. per
| cent at 2S7s and the firsts registered were =
per cent lower at 10 Philadelphia and Reading
issues were quiet. and only fractionally lower
| in spite of the publication Of the Little report
| Rock Island extension 5s yielded "a per cent to
1924. In most cases small losses shown in
| the net changes Reference Is made to our fun
report Of bond sales
Money on call remained easy at l per cent
and there was no change In rates for time loans
The Clearing House statement was as follows:
Exchanges. s62,25l. 1856: balances A56s3S9
The Sub-Treasury was debtor TO the Clearing
House $555.62G. Its net loss on balance since
Friday s770.332 made up by a loss Of
s77S.737 In currency less gain Of S. in coin
The two days operations included Receipts.
$l204o7: payments. &S90.739; resulting in a
general balance OF 1852 04300. consisting OF $lO2
3l0.540 coin and $49.732.470 currency.
The United States Treasury at Washington re-
ceived to-day s2Os,193 National bank notes for re-
demption.
The customs receipts were s45l 2S4 the Internal
revenue receipts $667.S95 and the miscellaneous
receipts $70979.
To-days Washington Treasury statement az
cash on hand and deposits In bank compares
with the figures Of the last previous statement
as follows:
April 81. April % Differences
Net gold hand SOB 100 OIL 500 64G $50 Dec 50
Net legatenders
hand ......... ~ go Is 2Go O21 Inc. 1850 425
Net silver hand. l020l $50 9970.3l3 Dec DID, G}7
Actual cash In the
Treasury vaults
outstanding
certificates SIPS GO GIT SIPS $50 2I7 Inc 500
Deuo.ts in bank. IL 554 49, 4O3 AS Dec. G57
cash $40 1856 752 $40 80 85 Inc. sO2 9i3
The foreign exchanges were strong, without
new feature The decline in discount rates AT
Paris caused slight stiffenng in sterling rates
here. Following are closing quotations for actual
business: Bankers bills. 81 S7A and 81 ssh for
long and shor. sterling respectively; French