New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-07-11
CLOSING PRICES OF CHICAGO STOCKS
WHAT WAS DONE IN STOCKS.

| III
WHAT WAS DONE IN STOCKS
Tuesday, July l0--p n
To-day's stock market without importance
because Of It's relapse into dulness. The rece>
sion in prices indicated how ephemeral and
speculative were the purchases on yesterday,
rally But the dwindling Of business at the d.
cline attested also the continued calnness with
which investors are facing the labor crisis n
Is apparent 10 all careful observers that the
rash and unjustifiable outbreak Of violence IN.
tiated by the strike of Mr.. Debs's railway organ.
ization was only one symptom Of general indus
trial unrest The prompt and decisive action u
! the Federal Government has overthrow mob
rule at Chicago, and the suppression q riot and
intimidation has been followed instantly by The
! moving Of railroad trains. But Wall Street was
! affected not by the breaking Of the blockade Il
! ira nsportation but by apprehension Of the coz.
sequences Of a general strike Of other than raj.
way labor organizations. II DID not ,cept At
face value the insolent boast OF the labor diets
tors that a million wOrkmen would be idle b.
morrow. but II did realize that much nish.9
might arise from even partial success In Tie
attempt 10 array the trades-unions in an army
urjustif bic idleness. Speculation halted In sQs
pense 70 the possible developments o. the
new aspect Of the strike situation. and while the
threat Of Widespread suspension Of work ID
/ ~
ton renewed operations on a moderate scala
without meeting important opposition.
The interest In the railway list centred IN Chi
cago. Burlington and Quincy, which is down
per cent 81 Paul was subordinate in the deal.
ings. and its net loss was only Il per cent
Indeed. the general declines were limited 70 small
fractions. The interest in the industrial group
was evenly divided between American Sugar Re-
fining and Chicago Gas a higher opening Ia
Sugar was followed by a fall from 81 70 95ladx
Tn. selling pressure was continued agains, CHI.
cago Gas leaving its net loss 2i2 per cent. with.
out a rally. Pullmans Palace Car recovered
one third and Lake Shore all OF yesterdays
losses. The market closed heavy az about The
lowest prices. The prospect OF gold shpfnenu
on Thursday were heightened by further hart
ening Of rates OF foreign exchange
THE DAY IN THE BOND MARKET
Government bonds were heavy and bids for the
As and IS were lowered l. per cent. Sales at the
Stock Exchange were unimportant. Final quo
!so. a' N'N'' rs cur 1923 g! S;' Asks:
s'i"4fs E s s cur 8: 1897 IS
e 4: s$. |@E 4: e s s;Iss
In State bonds one bondaTennsssee settle.
funded % per cents brought IS. The only sale
OF city bank stocks was Manhattan 900 at ls5.
The general bond market was moderately 40
tive transactions aggregarirg 1886. 900. against
not important as the rule. Texas and Pacific
hrsts are of q per cent at So and seconds In.
come declined l per cent TO 81. Wabash frsts
rallied II per cent 10 102 st. Louis Southwestern
trsts were II per cent lower at "a. On moderate
dealings Atchison general As opened UP 3, but
ended unchanged at Is, A seconds falling Il per
cent To 25i2. Canada Southern guaranteed frsu
were y per cent better al l09 There was con-
siderable trading in Metropolitan Elevated frs.s
at llSk. Large sales Of New-York. Lacka wanna
and Western firsts were made at $780, seller
a RAJ fc -f -
bond sales
Money on call was unchanged at previous
quotations and time loans were without new tear
ture
The Clearing House statement WIS as follows
Exchanges ssl95S.62O; balances, s5..sO.5s2
The Suo-Treasury was debtor 10 the Clearing
House ss22,2i4 Its net loss on balance today
was s596035. made up BY losses Of s5T075s il
currency and s25.2s0 in c)in To-day's operations
included: Receipts. $1,000 030: payments $780,.
o9o. resulting H. 4 general balance OF slS4 2s7il
consisting 81 ,233 coin and ISL 337 s47 cur.
rency.
The United States Treasury az Washingtorre-
ce!ved to-day sl6i,3i0 National bank notes FOR ~
demption
The customs receipts were $685. 7Os the Internal
receipts s6l075.
To-day's Washington Treasury statement Of
cash on hand and deposits in bank compares
WIN me hgures OF the last previous statement a.
follows:
-
x s11 silver on hand ss i:s s s Inc :s
Actual cash in the
Treasury vaults
over outstanding
certificates sil3. I4os73 STA sos e93 Inc ss4r
deposits IN bank. l+o6s.S's li.o5I6s4 Dec. allsN
Ne, cash balance SIPS 300 SCI SIPS ss7T Inc ss3%
The foreign exchanges were strong with sterling
rates appreciably higher. Following are revised
quotations for actual business: Bankers bills
for or1 sh.a
respectively; French francs. 5l7i2 and .ab;'
reichsmarks, IS 7-l6 and 95a.g 1916.
IN London British consos were unchanged
lOl 5-l6 70. money and l0lss for the account. y?
change was reported IN the bullion balance .!
the Bank OF England. In the open market money
was steady at ssqll-l6 per cent for discounts ana
steady at IS ll-l6d an ounce. but quotations
for future delivery are reported to be weak
American railway shares responded 10 yeseI
days home advances. but closed fiat with a feS
covered TO l0O.S0 sight exchange on London
ruling without change A. Berlin sterling eA
change at sight was easier at 2o3y marks 70 O.. 81,
/. The weekly statement Of the Imperial BAN
Of Germany shows decrease In specie OF SSS"
marks
The publishers have ready Volume IS OF tne
Ing the weekly issues Of that journal for InSS
first half OF 1894, together with the INVESTOR
Supplement and State and City Supplemens
which are included I'm THE Chronicle" suoscny,
ton. 1t makes book Of 1850 pages and is We.
ndexed The events and occurrences or tn'
and financial world are copiousy
corded and the merit Of The Chronicle as
,ycopeiia for investors, bankers and bus'ns
men generally is widely and favorably KNOW.
In its particular sphere THE Chronicle mas
-ival IA.
committe consisting OF Johnston Livinsstr
Hartman. Henry 5. Redmond, of REDMOND, MT MI
& Co. Luther KountZe. Of Kountze Bros; Du'wy Va
Clarke president Of the American Exchange Na,
ional Bank, and Charles s Fairchild presiaw
" the New-York Security and Trust Coihps"
owning and representing a large huihoe sond
Northern Pacific Railroad Company ses ,hA
bonds. has been formed II prote.. ,sds
interests OF bondho!ders The statement, y 80 IN.
hat il Is Of the utmost importance tna' ,sa,asrs
erests OF the second mortgage poi ntn sroui
should be represented by committee lree er.uIsr
IN alliance with junior securities a md
ettlng forth the plan OF the committee srenars.
,ondholders' agreement is In course OF ~ Tew..
lon. Bonds should be deposited with the , sn