New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-06-01

to quote transactions made from 80 b. 70 cent
Journal, Of tho anthracite combination says |" The
June quota on the 30000,000 ton basis $2,500,0OO
million Sa 'nI mt Is IONS. 70 those who want q
know about that fighting Million and what TO 90
covered the answer to the conundrnm It is no myth
1t will be mined and marketed blythe Pennsylvanie
a to X tact Bun a 0sd sns ss ns
tobe devoted TO fighting the Pennsylvania Railroad
to be able to appreciate where the lighting IN.
raris's famous apple was an opate compared with sh'
The Stock Exchange markets last week were less
tive than IN the preceding week The tr ,s
daily average of 1881 shares. against the Of
III 59l shares for the preceding dull week with some
was to lower range. Early in the week the market
line managers and Of the representatives Of their West
ern connections, and Pacific Mail steamship annual
year Of per cent on its capital stock Both events
however fell nat upon market that 10 90 purely loca
indications what price is to be. The
later discouraging features which were the report
OF April and reports that the pools between the
railroads ,Sn Were a to &c
tempt sell and compelled the giving e sustaining
was duh and active rs sARelis but v only
S to oo next day Sn tho general Ssa
T. M up p cent nS " we'll Ss
from $4,000 shares on Thursday to $4,000 shares on
Friday The general market shows final declines for
%o%ns the declines may bs proper
ton OF sales each stock bears TO the whole
way bond market was simply reflection Of the SHARE
market Special weakness for Erie second console
ciss.c. ' Of st. Louis and iron Mountain Issues
marked exceptions TO the rule But aside from ous-
lions and made part of them the dealings were small
and Insignificant.
OF the existing specuatiSe loss for
@ a 90 ana O.. e pc.s made %
that period, and the unquestoned plethora OF money
Should ep'" be d life from what they are This
lesson is also daily iuculca that IL -
tard the business Of the whole country postpone
era OF unexapled prosperity for ~ brokers az the
eves that the rises AUD sets In the stock MARKET
are loud in their condemnation OF speculative railroad
and the an 1iey that everywhere is shown make IN.
vestmonts but such ones only as will be permanent
could not exist II other and older heads had con.
cluded that the foundations for the aistruss
In values lay deeper than railway wars gotten
up for the ephemeral speculation OF managers There
are many people who think now I they did not tnem,
had averaged dividend for ten years only
for other stocks marked speculative period
by that of the sea Island bubble Hence with that class
OF bank deposOrsa reference 10 the prices OF the nal
cyon days Of years ago is not tempting allusion
Again 1t requires from In or out OF Wall street 70
when and what will be their conditions then different
questions. Ii is perfectly sale 10 say tnae
the will when the business Of the country grows
up to the capacities Of both old aud new railroads
may after afashi0n, come before that IL Is evideng
that little faith placed any arrangements made nn
der existing conditions IL is only short time since the
Western roads were announced to have come TO Iun
and satisfactory agreement concerning all branches OF
their conflicting interests and only persons doubted
that the arrangement made IN good faith Yet the
announcement did not have the least effect upon the
activity OF the stocks specially interested In
that followed only temporary and caused by Cow
erng OF "shOrts." One other point seems to throw
some light upon the situation wall Street does not seem
TO OF 1t that outsiders doJ-the Increased
capazations that have been put ahead OF the stocks
OF railroads We have space To mention only one mo
first charges OF the Central and Hudson Railroad upon
the length of road have grown from $3oOOooo IN
1874 to nearly 100000 now
To weekly table OF the range OF active and repre-
sentative stocks we prefix closing prices OF Maya
WEEKLY RANGE.