New-York tribune., 1886-03-08
contradictory rumor. hey never rose to the dignity

OF contradictory rumors hey to the dignity
REORGANIZATION committee and of the syn.
dicate which simply proposes to guarantee
On tnIs point have nothing aid to what heretofore
has teen said. The TRIBUNE In all Its statements re-
garny the subject during the last TWO weeks has Teen
so essentially correct that all statements made at vari-
ance with t have approached being absolute asehoods
sentaons, have been induced to speak and Mr.. GJwen
also has made public statement The testimony OF al
three of the parties agrees upon the one point that NJ
Gowen Is not and has not been factor in the syndi-
Gates scheme OF reorganization.
Aside from the speculation In the coal stocks the ad
vancc In prices even small rs they generally are pre-
sent condition OF aiiIlrs at the stock Exehange
whch Is almost unprecedented Tue market has been
Daprred AL the week by adverse rep rts OF some I'M
portanee. but which have been exaggerated into onens
OF eVl PeiV,r thin any precc ling market mas
been compelled to endure. The ranscOntnenal war Is
reality aud has been pushed to such eXremitics that
therc OthnS lett 10 cut AVA practically the roas
ENGAGED IN are now doing their business Tor nothing
But the roads east Of the Missouri River have not be-
come rntanged Ia tnn coihpiraiiohs ana as suoh ex
tremties have already been reache there is now less
two weeks Tho fact that holders OF securities have
entertained these views VIII partly exp am
shown The labor troubles unducstionaby
oi serious nature and sneh as have occurred ANA
prODsbe likely To occur In the near future, ten
years would have been the occasion for severe ie
preston Of values AT the Stock Exchinge But exper
has taught that all such troubles like those arising
aud tornadOes are ephemeralln
character aud that to the general result they affect
fact another why the stock market during the
past week whstood such - severe pressure. A..
week we said that 1t was iDtlmated to us that
the next bear card TO he played was talk
ABOUT tme pHnN' ,h nhu 'Ir ne erInorps Of god
On Monday an alleged cable from London
circulated which expressed the anxiety OF eminent
London hnancers as TO the prospects OF the New-fOrk
money market, II gold eXDoris continued The subject
was followed up by local article published to-day In
which great stre,s laid upon the difference OF the New
YORK banks conditions shown by yesterdays st te-
ment from what they were year ago aud loans Of up
ward Of $3.50 900 900 are referred phenomenal TO
this have fully replied IN our preceding paragraph
upon the bank statement thAt further comment mere Is
Unnecessary. But miy add that, whle the exports
or gold to Europe from the lst or January 10 date
amount 10 81 300 OOO aggregate holdings of gold by
the United states Treasury and by the banks OF New
YORK now only S2.7OOOOO less than they were at
the beginning OF the new year. The official report Of
eastbound shipments from Chicago each week
since January /. have furnished basis for guessing
that rates because OF the irreguarty Of the
amounts shipped by line. This thing has gone on
until every line IN the pool has been alleged TO be proved
volator OF Its agreement by tue prrcentige OF the
busiBess which 1t carried for a specified week Aud
yet during all these TWO months none OF the companies
has been able to convict compettor' anu tne aggas
Of the two months will show each line TO have car
red about the percentages allowed TO u ny tho pool
Last week the three Vanderts carried 4S clipper cent
against AZ $40 per cent IN tho preceding week the
Penns lyiuias carried 10 7-lO against 20 per
per cent; the Grand Trunk carried so 2,lo against
7-lO against 64-lO per cent. Inc lines whlcn
doing than their prOportODate share are
ing because of cuts made by the Chicago and Atlantic
and the Baltimore and Ohio aud now the same authority
the rates away from the cutters OF the early
chronological statement OF the facts suiclenty
characterizes the weekly allegations without tue posi-
tive statements Of all the railway officials that rates be-
Chicago and New York are fully maintained The
allegations, however being made for the stock Ex-
change can be reiterated every week in the year.
So far as the Stock Exchange values are
concerned what now % be regarded OF greater
Importance than all the ephemera causes to which We
have referred Is the question whether the improvement
IN general tradethe greater capacity OF consumers to
purchase tic necessities and comforts OF ife wElrh no
one denies has Occurreds permanent and progressive
u is character IL Is question which, with th' facts
before them each must answer according To MS
own Judgment. That capitalists ard investors nave
raj ne
proved only the stubbOrnness shown In share
values but also by tho steadily growing investment de-
mani bonds and dividend paying stocks.
Subjoned s usual table giving the highest lowest ana
final prices and number OF sharos sold for the week.
together the na prices OF week agO, or forty
seven active or representative stocks: