New-York tribune., 1886-05-27

Baauce-nef earnings ~ 393fSl Sl.6l7o'6 Sl3oDi9i
Brief mention Is made of the loss last April o. the
steamer Honduras and s entire cargo. bnt nothng Ia
said Of the value OF the ship company In the re-
port Of April 80 1850. the CITY Of Toxic Was valued at
Sl.2751O2 and tho Honduras at $252.3OS. In oonse-
qucnce OF notice last February, given by the Overland
Railroad dscontinuing the arrangement made In June,
1881 the company established weekly service het""'n
New-York and san Francisco. Tho company purchased
two steamers the Newport and the starbuck ard arc
now operating them-tne frat on the Atlantic lie ana
the second on the Trans Pacific line Heretofore the
companys annual reports have included balance sheet
detailed statement Of It's steamers AMI OF the vano
Of each one they stood in the company books Neither
Of those nerestng and important items appear IN the
present report. But this instead
Cash -
Note.in addition to above there is due lrom Cen
trai American and Mexican Governments 7I'OO-O ul-
der contracts tor carrying the mall.
n the companys stockholders arc satisfied W til 20
brief exhibit OF the compsnys condition, we 10 nos
know that any one else has a right TO complain
To-days stock market furnished another disappont
rnent for the reaconists 1t alwayai a difficult task
speculation. and few VINO attempt make sue
CO.. NJ II those W no do can employ their tine more
nrontahly than In writing money artices at penny
line The effort becomes moro dihcut when h' market
hroatcning out from purely traIoIs .ntoa pnD"o
market In the II usualy !. SAFE 10 WAGER on "
three days decline and q two days rally. three
days' advance and days 81 "rraciion according TO
whether the tendency Of prices s or down. Jut tHe
street example. OF successful OPERATOR on tht
oau and losses treurred by following TINS
System into public market We are making no predc-
tons is not our fort To DO so-but may Cal atton
to to the fact that since last Thursday ng the
opera tho stock Exchange nave been dltlrey
different than before then they had teen o
Two months We place psrticu Ar dependencc IN Chi-
cagO egOtisiica beyond measure ana
are liable moment drop their recent purchases
on the market under the idea that IL l. they wh) nave
made th. recent market and that they easily un
make II and at lower figures All these biokrrs
were taking reaction All day Ou Monday an YESTERDAY
and prob.biy they had -ot stocks Ihelr
Aid market not disputed, and they may cause
violent fluctuations, but they cannot make nor
destroy It's peruanent character These remsrks are
madr necessary ny some TeceDt publications aud ny nor
uncommon talk In the street OF the importance or the
Chicago faction. The public Ia SLOWLY coming TO the
conclusion that Wall Street IA the dark spoi
Of the country and that therefore II Is ths
place to purchase. BARGAINS That times arc
that surplus earnings Of the people will hhd invest
securities II - this that has chd sr
the character of he stock Exchange markets, ana he
shrewd zpeculations those VINO correctly forecast
the future Chicago seems to have more decl lrd
opinion than NewYOrK and therefore t. certain ext NJ
market opened quiet and firm here and there
efforts made TO dcDrcss vaiei
and the expressed opinion was that pr cr'
must react But instead there steady hardening 9
he frat half hOur 10 the eud snd some stocks shp"
gains OF per cent for the day. Cons drrng thht INV
top OF The advance OF last week some um >
In Immediate purchasing may he natural. but today,
advance tho result OF pushing up OF v'lues-
steady absorption ana The HarKet closed stI n
bonds were fairly active and strong lJt
the nxed BIDS for the Il is higher and 1Oi
the 3s 4 lower Annexed ar" the closing quotations.