New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-02-11

az THE STOCK EXCHANGE.


Foreign b,Iying in this market, with additional
evidence of the complete success Of the Govern
incnt loan caused strength and activity in stocks.
Trading reached a higher total than on any day
since tAe December panic transactions amount
ing TO 1853 shares; but Of this amount eleven
shares contributed two-thirds. while ;he rest of
The business was fairly well distributed through
out the remainder OF the generally active shares.
Profit taking sales in the afternoon brought on
slight reactions but toward the close an upward
movement gave substantial net gains 70 the ma
joriy of stocks. In some cases net advances were
above 3 Pc, cent, as in American Tobacco ana
Manhattan. The Changers closed = t. Us above
Saturdays last price. and the rest OF Inc ran
way list. with few exceptions reached "A higher
level Reading Southern Railway preferred and
Jersey Central were exceptions. closing at frac-
,jonal declines. and the break on realizing sales
carried Sugar Refining ana United states Leather
preferred under their opening prices, the last
named losing ~ per cent Sugar Refining on the
advance was up to ll5M. closing at ll"1s I'M
changed from Saturdays last figure There were
no especial developments in the AFFAIRS OF the
companies. and this assisted in moving prices
higher To-day's movements reflect. az last
week the great change In sentiment since the
announcement OF the bond subscriptions and the
removal from every ones mind Of the fear OF
Dossible disturbance to the money market or Of
a failure on the part Of the people to respond 20
I he call for bids for bonds
The transactions to-day and Saturday al the
Sub-Treasury indicate that the greater part Of
Tho allotncnts made in this city viii be paid for
Within fifteen days and that the subscribers nave
funds In hand without making these payments
bv instalincnts. \ large amount or gold mas been
deposited at the Sub-Treasury or Bond account
This does not show in to-day's asury state
ment which gives the gold reserve at A062SS}
I'm, the actual net gold Dalarcr Ia now above
ss5 900 900 or an increase Of owe: SlOOOOOjO since
E-riAlv The withdrawal today were rather
heavy and $500 900 gold viii be taken for snip
rne1t 10 South America on Wednesday, but In all
nroba billty the inquiries al the SubTreasIry for
,old in the next few weeks Will not call FOR mucn
90 tho metal Bullion dealers are doing mod
crate business In the precious metal. to-day
nreniur1s ruling at 5-l6 per cent Tor buying ana
liz per cent for selling. The premium In green
hacks has disappeared. The dealings In the new
bonds for future delivery were comparatively
heavy. amounting to about $4,000 al ll6ss ana
ifG7s seller twenty days fat AS iurtner
au.pd AGAINST a stringency In the money market
which might result from the new loan. the Treas
,,r,. Dcpartn,cnt has named various BANKS as
osicial dopositories which can receive the sod
I'D hold II until the Treasury requires IT, sucn
oo,,rsa has been followed in preceding bona issnes
- .r no total amount to be paid IN al the saD-
rroasyrv in this city on bond account is ss'Iss,-
~ tha nrecaution Is q wise one. From state