New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-01-05

surrounding speculation there was no improve
mcnt. The most prominent stock was -. PAU.
which rose nearly . per cent from its lowest
point and scored a final gain of per cent. west
ern Union was second in point OF activity ana
in spite Of reaction in the final dealings IL
ended with an advance OF IA per cent. The
transactions I'm these two stocks were more than
a third of the total business. The advances IN
them were mildly contagious. and the Granger
stocks closed fractionally above the opening ilS-
ures and the Could stocks were firm. Among me
industrial stock Dstillng and Cattle Feeding
advanced over per cent, but sugar RefhinH
seemed 90 be pressed for sale. IInai changes
were generally advances. although ne closing
was inclined To he heavy. New-England was
galvanized once more. but its iua gain was in
significant.
Tariff bill. and perhaps ii will require several
months to reach a conclusion on any financial
subject. The resolutions adopted by the Cham
be received by the representatives, Of The people
as an expression Of the gold bug interests
and. therefore. an opposite course may be i"l-
lowed by he dominant party which IS so insane
as - propose a tax on incomes. IL * not
wonderful that in the circumstances Europe is
not buyer Of securities. and that the invest
inent demand from every quarter is excessively
light. Defaults and rcceiyerships are sufficient
TO chill enthusiasm, but the uncertainty about
financial legislation is more powerful i'll
fucnCe.
THE DAY IN TIE BOND MARKET.
There We're no transactions in Government
A. were raised ~ per cent The advance was
reasonable after the large sale of registered As
yesterday. The final quotations were as follows:
id.Asi,ed. lhd.Ashed
,.sr: AZ at S' is IS cur cur. 6 6 1888 1si 70. "
re Rs' Sc e.p' d res rs,i2 is Is eur cur s iSsis
ipi Dis H. a.'i; is9iiiiis liz
Among state issues Virginia deferred Gs,
stamped receipts. were firm. at GA. OF city
bank stocks American Exchange SOLD 90 AT
1872. and State 500 at loo'a
In the general bond market there was ap-
parently more active inquiry. Reported trans
actions We're about S1.425.oo0 al face value.
against something less than $1.1oo,coo YESTERDAY
The feature Of the trading was the acuNl'y IN
Philadelphia and Reading issues G"nerai -
rose % per cent to 90 and of the income bonds
nrsts gained rs. and thirds 3 per cent Ihsr
last prices were without exception the best Tor
the day. Atchison As closed q per ccm' hlfheT
at GSii. and seconds. after sales AT 3d. gamer
!, per cent at 1924. Missouri. Kansas enc
Texas issues We're dull and strong. flrst - seiih
at 79ls and seconds at 4Gs4. Texas ana
Pacific firsts rose over per cent to 10. ana m
come seconds 2is per cent to 20 On lne o','' o
hand Erie second consOS declined further y per
cent to AZ. and n number of special issues ioSl
from to per cent: EXceptonaily Ic"'i a;
Decatur and Evansville seconds fen AZ per cen,
to % West Shore As were a large FRACTION
lower at l0Ois Reference is made Ia our full re
port of bond sales -
Money on call remained easy at about per
cent There was really no business AZ Il nleNer
figure. -, ..
The Clearing House statement was as follows:
Exchanges 500 l5S. 9j4 balances, %l5loll
The Sul,-TreaSu ry was debtor 10 the clearing
House s16726i3 It's net loss on balance was
81 o65. 636 made UP by loss # Sl3Sl 81 IN com
less gain II $265.676 In currency: l I'D, ga? ;
operations included: Receipts, S5.541oVi' pay
mcnts $4.413.240. resulting in general balance
Of $50 75257o consisting of $56s993o1 com ana
S29. 1926 currency. ,.,,.,, g., .
ceived today $42S.479 National bank notes ior
redemption. .o.o 49,, -. -,
Z ha
receipts, S9l.s2l . q.
cash on hand and deposits III bank .",lpr, ,',
with The figures Of the last previous statement
x cola hand So i iso s7o i:s pc sass,
Il. ..:; n a.ai sa' 40 5s Bsc ~ 81
Actual cash in Tie
!itaS"fy ,s.. ,au,,s
So e M Sc :oi S So l R'' '0 Ssa 5%
". cash sioi 7ca so SOS IS. 80 Dec. se7'Ni'
Tn. foreign exchanges were strong. but not
oc,,,. Tic surply Of commercial bills was
light but the demand for remittance was NJ
mraont Following are revised quotations l"r
actual business: Bankers DIS " " anu -
for long and short sterling respectVely' fF'n' u
francs. 52OG51S9. and 5l1k; reirhsinAtHs'
| a 1916 and y52su95 7-l6.
FOREIGN MARKETS.
The governors 81 the Bank OF hhsIand ~, ~.
| their weekly meeting mad" no chaH>" !" .
| minimum rate = discount. which remains Il, .
| nar cent In the week the bank gained 1851 o, :
bullion and the proportion OF reseFE. - ha".',-
tios was lowered from 1853 70 il44 per cent,
against a reduction from 44s' t. 3'.2l per c"h'
In the corresponding week last year. VIII " y,
discount rate was unchanged at 3 per 'eh,. ~
~. London stock Exchange British cOnsol' az
vanccd further ;. per cent 10 " l"-lo i.t H'o',
and 1-lG 40 9S7s for the account. III wv ~ -
market money WAS easier At about - per cen,
r.r discounts and 1i@Nl per cent Tor bahK'I"
balances Bar silver was unchanged al l'21 an
ounce America railway shares adNahc'u ~ ~,
l.. ,,,,u mo last hour when there WAS sharp
Iraak in Erie stock and second income DJAus.
The closing was affected by their weakness -
Paris French 3 per cents ralhed IUrur' : :
centimcs 10 9s17I2. sight exchange on I''""'"
rising To- 25.15Ih francs 10 the sterlihe
Thon as Denny. jr, son Of John J. Denny iia'
been admitted a partner or me pdnM"s ''' ~