New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-11-29

undated, and all attempts TO stem il thus Tar have
proved az futile as would be an attempt TO dam
the waters at the edge Of Niagara Falls. When
an investor is told You buying stocks Mt prices
higher than they before ever sold for,' the quick
response is, " Did you before see Government
per cents command 1927 What shall / dot l
have got the money, and it must earn something"
his actual conversation explains the present s'ua
ton and puts at fault all calculations
that are made upon any known precedents. IL vii
indeed be strange if some mistakes are not made IN
the selection Of investments. They have Ooen made
before and II Is more than probable that later deyel
opments will show that some Of the gatherings Of
today are composed OF base metal instead of gold.
At the Boards Government bonds were quiet, the
sales for The week amounting only to SJ04 800. but
hc counters of the great dealers there large
transactions in the exchanging Of the Old issues
INTO one new 1l2 and per cents. The prices Of the
new issues were not fully maintained the final bids
for the 4las showing decline of Is and for the Is
Of b per cent; but for the 6s of 1881 and IS the
bids show an advance of Is per cent. During the
week the Treasury purchased S303 900 Is Of 1850
at 1929. safe bonds were moderately active
at firm prices for all the Southern issues. The
dealings in railroad bonds were marked
by good deal of irregularity. but i'm
the main prices were firm. Prominent in the
LAhS1ctioUs were Ell" sttnu cOhSolS, NItHti''s-NH
and Ohio frsts, series g. Boston. Hartford and Erie
frsta. Mobile and Ohio issues. Canada Southern
Grsts.aud Denverand Rio Grande and Kansas Pacific
issues all q, higher figure; while Missouri, Kansas
and cX..s seconds and e.. c. ana T.. G. issues. al
though active. are lower than a week ago.
The transactions IN stocks for the five DAYS
amounted 10 2,G53.93t shares. against 0b3."SO
shares for the preceding full week ! he dealings
presented the general characteristics a. those
OF The previous week and for the nighpricc soc 81,
TX ept Chicago. Burlington and Quincy and ChI-
cagO and Al on. the final advance range from
per cent for Central and Hudson 30 Sas per cent
for Chicago and Northwest. tnrre was, now
ever. more activity M the general list than there
was the preceding week. ant tor some Of the low
stocks good advances are also shown: bat the
speculation IN that class of stocks was held IA check
by fears In regard 10 the future OF money, ana
prices iiuctuated daily u2on favorable or adYera"
reports from the money market. Among the stock,
winch indications point 10 as the tayortes Wueh
tie monetary SITUATION b-cOme- settled are Enc,
the Chesapeake and OMos, particularly me
preferred shares, Ontario and Yves, ern, ana
some Of the newly listed stocks In"
stocks named unusually active last week.
and their prices are from 10 90 233 per ceat higher
than % week ago, but fOc each stock some SPECIAL
cause Is advanced by It's trends why they predict
higher figures for d. Among the miscellaneous
attention, and rose ia per cent. NINA
all the buovancv that the week developed
there D.. however, lack Of confidence on
the part OF many operators who are watching
be discovered. II undoubtedly VIII NOS be tie fault
OF the watch Is II prices are not made paruculdfy
disagIe 80 spectators who mold >t0cho on slim
margins. On the other hand" bull SPECTATORS ait
confident and entertain no fears OF anything %cr''
a temporary ,trlngency m money, and ilo.e fears
daIly grow less rs time passes without any attempt
being made ar,lficially 10 manipulate rates.
wEChLv RANCE OF PRICES.