New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-12-20
NEW YORK DAILY TRIBUNE, MONDAY DECEMBER 90 1880

and mercantile situaton Tho demorallzed condition Of
o smr nrodnss bmt nsyerbeSss the wheat
largeprobaby larger than In the pesasnas woen.
. 600 bales more than the prereing week. and 954o0
bales more than In the week Of 1885 The iron ana steer
Industries continue to develop improvements and IN
creased demand The coal trade also is getting INTO
shape than has been in stocks are low. ,,
on November 80 after increased product Tor me year
10 date OF G9s. 3O6 tons. compared Win Sch
the evils. which agO were l'redcteu WIN io
consciousness Of official Inspiration came topass az ,o
dstrust and Brighten buyers away from the marke. woe
Immensely successful The conspaiors and iheir ,Dau
tutors OF the press entitled TO receive CONGRATULATIONS
FOR the attained IN producing ana bringing npo
of the most senselcss rapid declines III tno Ha ST.,
se sGnnSs "e were told that When the got
ready purchase heir large line OF shorts ne tnt
WINS carried out and money was locked MP and made DIM
cult obtain by al Spectators excep ing the scec. Nv
acumen which able 10 discover the exact poi ~
wifi money could be locked and at the same tino We
seryieabc In depressing values The depression began
ON Tuesday ard Wednesday panic ra1ed witHn eno
fo 10 per cent in stock values with the accompanying
loanng money marked up TO y per cent per day
how ever regular rrequenter OF the street might have
spent the entire lime from 10 o'clock IN tne liz
O'Clock In the afternoon in walking around the DOCK
bounded by Wast. Broad ST.. Exchange Pace anu ,om
in which the Stock Exchange Is situated wtn"". nv
ing occasion suspect that anything unusual was go9
in the neighbnrhood Nevertheless witm ,ne VIII, WI,
OF tho Exchange the innocents were nciilS %
by solid columns All this occurred in the face OF very
favorable reports OF earnings from the principal wHs
OF the country. the face OF better prosec ior arRo
exports products than there have been NJ any pre-
viOus time In years. in the face or aidoha en
courgements to our do nestle MINISTRIES ana III inc l s
OF "A monetary situation which manipulated, was Iar
stronger that the seasons or prosperity
The nearest approach to anything OF the KIND wllhh our
recollection, the decline Of May, leSO 1hch' us
now money was locked mp for speculative purposes
while the general business OF the country was on he
fnoide In May, 1850. Central OF NewJerscy WAS tne
objective point In the speculation IL had been arscy
purchased by operator comparatively fresh from inc
D.riu skn up uulh he al
above 90 elated with his and freely pre-
dcted Tor the stock Under the manipulation IN le
month of May the price OF the stock declined 10 -.
There recently have been rs wild movements III rev
stocks, and made by persons OF comt ,snHi ~
small experience in the ways and methods vi
wall Street speculation This column more thaI
three weeks noted the dangers which these specal
movements threatened to the general speculation IL
was these movements which made the opportunity lor
attack upon the whole market, which under the Skill
learned long experience, and aided by large DanR
balances well great influence at bank. has made IL
cmincntly successful. But with ill this Hurry, inc
the total recorded transactions IN Stocks at
the Stock Exchange lust week (3Gsl.3oo shares)
are only AZ 900 shares greater than TOT
the preceding week. and 100000 shares less than IN
the week ending December 4. Fol lowing the panic
OF Wednesday, there has been sharp recovery tnat
the final prizes for the week show except here ana there
little trace Of Wednesdays slaughter Particular refer
cncc is made to our usual weekly range Understanding
that the highest figures for the week generally were adc
Monday. and the lowest invariably at about midday
Wednesday, the table furnishes all the Information
desired.
SuhjOned our usual table giving the highest lowest
and final prices ana number o shares so ior the "ech
together with the final prices OF week ago OF sixty
active representative stocks, prexcd by the prices OF
December IL, 1855.
WEEKLY RANGE.