New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-03-25

1 for tho month OF January covers the reports o.
eghty-eight companies The net earnings OF enosd
| so. 499,5IO, against an aggregate for the mont1
Of 1875 Of sT.1S9, ei2-a gain Of s2,ssS. sss q
1916 per cent. The same companies give E fbs
geographical division Of the eighty-eeht c c9ts
panes is gwen as follows: trunk lines II mln
dle-Western, Northwestern,. Q S9ntnwe a sra
Middle and Mexican. The Eastern and Mexicsn
together give loss Of 100000 II VIII DC vS Sic
that the territory covered by the tSS
assumption that the results obtained are renecuve
of the general railway system OF the country
A FEvERIsH sTooK-MARKET.
The stock market during last week was fever
ish, unsettled and Irregular, Tor causes wnien
have daily been recorded 10 this column. IN tht
great as they ever had BEEN and exaggerated
stories of the conditions r1hIng ~ rarls were
freely used for their fun sr erect ,,erU end
o oSs Efforts and the uncertainty that
generally was experienced regarding the full eff
ects Of the failure Of the copper syndicate upon
real holders of securities was as slight az y was
n is still more astonishing that without the aid
of a general selling, but In the absence oil 2 ue,
termined resistance, the bears sc cor nDa
way the foreign houses who were informed by
their private advices Of the exact condition knew
that the market was being anecteo ~ laise "a,
offerings made. -,
the entire speculative effort was DIRECTED aglnsf
the Southwesterns Burlington and Quincy Mis-
souri, Pacific, Rock Island and Atehison, Topeka
and Santa Fe. The Burlington and Quincy report
for 1888 came Just in time TO aid this m2vement.
Although tho report contained nothing that was
not definitely known three months ago. when its
stock was selling at Ito, viz, that In last wear
II had failed TO earn It's first charges oy s3o 9i
$500, 900, republication Of the figures IN onelal
form and the character of the report were USED as
a weapon TO knock It's price down TO 92 LIZ ROCK
Island to 80 "a Missouri Pacific TO So; ana Atcn-
ison 10 IS IA. We have reason TO believe thaS tns
sellers OF Rock Island Will be much dlsappolnteo
ut the figures Of its annual report. That com pany
during last year met competitive rates where u
was obliged to- but did not create them IL goes
without saying that il tho Burlington and Quincy S
report for 1888 Is TO be accepted os It's future
standard of value, It's stock, except for election
purposes viii be as vnlueless as that OF Atlantic
aud Pacific. But al this was known three or four
months ago. The company's monthly statements
had made IL as clear then as IL is now. with the
new year, a change however, has occurred, IL not
in the personnel Of railway management In us
methods. And that change, ms rejected Dy rail-
way earnings, becomes more and moro mari'eo d.
Generally prices closed the week something
higher than week ago, having recovered the
early depression and made advances FOR eHees
We now begin 20 talk about the opening OF 1nland
navigation II sounds very much as II the takers
had only recently learned that during the summer
months there was such thing as inland nAv1ga-
ton and that this year WIN be the first season. As
matter OF fact, the earnings Of the trunk lines
usually have been much larger during the SIX
months when the lakes and canals are open than
during the six months when they are closed. jan
usry and February usually have been their poorest
months even in the amount OF their gross earn,
inFa 1t Is not TO be doubted that this season VIII
prove tho same as the past
The coal stocks, while dun during the week,
ruled firm and established some small gains Jer-
sew Central was an exception, because OF the DIS,
covert thht there would be no dividend dechred
at this time. The pith Of the oomEany's annual
report Is given below. Less is said however,
about the effect of the warm winter upon the coal
properties perhaps because the Official status
lies for the two months ending February 2s show
that the quantity Of anthracite entered into CON or
sumption WIS 4,50S,l3 81 tons, Against 4,eo2,9sO
tons In the same two months Of 1888; decrease
| OF only / "a 600 tons. Aside from the Southwest
ems the market closed the week with tone that
was firm and promising.
Subiolned Is our usual table, giving, the number
~ shares sold OF all stocks the highest, lowest
snd final prices OF the week together with the
Anal prices Of week ago, prefxed by the average
prices Of March "a, 1888:
WEEKLY RANoB