New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-11-23
/. = : - VAV 900 q
?, 1913. 099 2, 20, Ia
EXPORTS.
2i6220
l,lS3. 400

FGr the s wsef otS isS5s
At the Stock Exchange the markets active. the
speculation excited and the volume OF business
both shares and bonds reached heretofore unrecorded
amounts There something OF lull In the specula
ton OF the old avotesthe better classes OF securities
and those which up to last week had made the largest
advances-and while the business In them continued TO
be large and the confidence in higher values unshaken
ia many instances ther prices snow more or less nD
declines; in however, are the losses signif-
caDt OF anything but strength. win
priced securities, there naturally considerable shift
ing OF interests and Is almost phenomenal that so large
reazatons cou nave been made after an advance OF
80 to 40 per and the prices show any seadiness
with such insignificant recessons AS 2d3 per cent Inc
where they have been established Among some Of the
Western roads there still some unsettled questions,
but it is suspected that managers are skirmshing
the best possible arrangement for their respective
properties we'll as for satisfactory individual posi-
ton In stock market At all events managers with
an Unprecedented unanmity have arrived at the
conclusion that the days OF dOgeatdog policy have past
and that equitable division OF tariff, be IL large or
small at paying rates. Is renlanerative
ment for each and all the roads than to secure the
whole business at less than the cost OF handling Tho
event OF greatest interest was postponed uut late
hour the last day Of the week We refer to the an
nounccmont that the baltimore ana ONO Railroad hau
completed its arrangements for an independent line
into New-York with unsurpassed terminal facilities.
rn0r thet TINS thlng was ABOUT 10 De accomplished h
depressing effect upon the business OF the last hour OF
YESTERDAY Hastily ana Without consideration ton
this movement meant reopening
OF the between the trunk lines Aside from ignoring
tho fact that Mr. Garrett when ne signed the presidents
compact Friday, was possessed OF full knowledge OF
what he done AT 4 O'Clock saturday, portion
OF the operators and majority OF the traders In their
Imagination saw palace ferrybOats already running
from the Battery magnificent depots staten Island,
where trains arriving and leaving every hour ana
where docks, warehouses grain elevators ana all the
paraphernaa VI great railroad terminus had suddenly
been constructed by magic wand. IL Is very probable
that the opportunity afforded by day Of rest for reec-
tiJn well observation will by to morrow morning
have PEELED the Illusion Neither Is probable that,
when the time arrives that all this has been accom-
2lished, tho railway men Will be so forgettul or
the results of tho last three years as
not 10 be willing TO cOncede TO the
Baltimore and Ohio such proportion of the business as
10, position ana It's improved facilities Will entite II
Therefore, there is little sense In dscouung what
Is within the range Of possibilities year or Two hence
In stocks the transactions OF the week amounted To
$50 600 shares, over the preceding weeks
business OF 81 900 shares. As usual a few stocks
monOpolzed large portion OF the business, and last
week ten stocks that each contributed over 100000
shares gave 2j0O 900 shares Co the total The various
movements are sufficiently described by the figures or
the table below. which gives the transactions In one
hif Of the different issues that dealt In The bust
railroad bonds for the week exceeded S32OOOOOO
The principal activity IN income bonds, but there
also were unusual movements IN a few Junior mort
cages the notable advances IN prices were confined 10
the classes named. but all Of the first mortgages
ruled strong and are in good demand NJ the figures,
SuhiOntd usual table giving the highest lowest
and final prices and number Of shares sold for the week.
together with the final prices OF week ago, OF sixty
active repre- sentative stocks:
wEEkLI RANGE