New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-08-22
CLOSING PRICES OF BOSTON STOCKS.
WHAT WAS DONE IN STOCKS.

Tuesday, August ZIP. m.
The market waivers from side to side as the
uncertainty about tariff legislation becomes less
uncertain. The distance from Gray Gables to
Washington may be considerably less than that
from Washington to Gray Gables. When he
left the capital the President may not have
known his own mind; when he reaches the White
House he Is likely to express a decided opinion.
He cannot subscribe himself as servant OF
trusts, and the only other alternative is to an
nounce himself as their master. 1t requires
courag e-the courage OF conviction-to follow the
latter course, but the Presidents courage has
been tried on many OCCASIONS. That Europe be-
lieves In another display OF IL was proved by the
course OF prices. The total business was no
larger than ii was yesterday, but the movement
in every respect was more pronounced IL mace
little difference whether the stock was INDUSTRIAL
Granger general railway; the declines were
universal. Dstilng and Cattle Feeding was
first in point Of activity. and although 1t was
acknowledged that the company could borrow all
the money IT wanted, revenue receipts fell on
and the price OF the stock unaccountably de-
clined. American Sugar Refining opened strong.
but closed about per cent lower. The decline
may mean nothing. The previous rise proved the
confidence OF inside interests but 1t Is not YET
plain that the Executive as well as the National
legislature has been bought.
AS for the Granger stocks they lost 10 ~
per cent and among the stocks that are dealt in
abroad Louisville and Nashville declined over /
per cent These not the largest declines.
because Chicago Gas fell IA and General Elec-
trio "a per cent Missouri Pacific and Western
Union lost nearly ] per cent While these last
named stocks are not dealt IN at the London
Stock Exchange It was evident that foreign buy
Ing OF ali kinds of securities had ceased Higher
rates for exchange were caused Simply by urgent
demands by arbtrage brokers. The closing was
unsettled and In many respects weak. but the.
trading was so entirely professional that frac-
tional rally would not seem to be Impossible.
IN THE BOND MARKET.
Government bonds higher at the Stock
-ycba hlt N
G35 O0W final quotations were not materially
changed as follows:
T. a., 1881 BID Asked U.s. cur o~ 1870, iol w.
u Gsn! =. s Fl 70 iii. IS cur cur 800
6: HI: III: H. : { e. "
Among State Issues Alabama class A were
steady at 1O3. or city bank stocks First National
Of Staten Island sold 500 at ll9.
The general bond market was somewhat less
active although transactions amounted to over
81. 800 900 at par value. 1t has been SAID repeat
edly that bonds were In demand The reported
business was large to-day; the real demand was
small. Atchison general A. fell Ia per cent 10
Tx. and A seconds IN per cent 10 zS%WN1s;
Colorado Midland 49, on snail sa,es' r ~rru
collateral trust issues were Irregular os gam
ing " and bs losing = per cent, ., chicago tr.c
tion higher at Hh. but Northern Pac'hc
issues were unchanged There was only small
business in Philadelphia and Readlhg inco'ne aS
hut frsts and thirds were a IrhctloH io"ei' anu
general A were practically unchanged. A num-
Der of special Issues made fractional gains. out
the tendency OF prices was downward. reference
is made to our full report OF bono saies. .,
Rates for call loans remained at per cent
and for time engagements the demand was not
equal to the supply OF FUNDS. ~
The Clearing House statement was as follows:
Exchanges. SS2 1922 O09 balances. H5S70A
The Sub Treasury was debtor to the Clearing
House Sl76257 It's net loss on balance was
xlG4 5S7 made up by gain OF *2s5boZ III currency
minus a decrease Of $l20.975 In currency. Inc
davis operations included: Receipts. 25sfsos
payments 81 699. 1876, resulting In general pal
ance OF $40 sos 753, consisting OF $'9foozoo com
and s61, 051 ,54S currency ,o
The United States Treasury at washington re-
ceved to-day S253600 National bank notes for re-
demntion The customs receipts were $lefoos'
tho internal revenue receipts. 1864 4oo, ana 'he
,n,scella neous receipts $32,l36
To-day's Washington Treasury statement or
.sh on hand and deposits in bank compares
,,,,h the figures OF the last previous statement AZ
follows: n,s.-.,...
No, cold on hand s5s7lO2G' s'asi+537 Inc sio42'2
Net l fsna eSss .sa7e Inc ' l,s
Net silver on hid ILH@Wo I'.'. ~ ~
Actual cash In me
Treasury vaults
outstanding ,,n an era oaa as7 Inc sGo3 5ss
Deposits In bank. W0'4.0es Io"ooo'' D -.
.1a9 11s, lo7 sis2 $50 sa4 Dec So. Az
The foreign exchanges were unusually acuve
and rates were higher. The strength was que
chienv 10 sales Of securities for European ac-
count but this condition may be reversed To-