New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-01-07
10 co.'s aa2a14e 1902 $50 Dec assSse-1o.ss
ros., q co.'s g. 15o471 g. o1s S4s s1ss s2s AS
THE WEEK AT THE STOCK EXCHANGE

10 co'h..-..-..- zz1<sAso '9oNooo oos' 11.seee
Total 81 co.'s al e. ois 54s Dec siss s2s AAs
THE WEEK AT THE STOCK EXCHANGE
The new year opened at the Stock Exchange
with an active market for bonds of good char
acter and share speculation that is notable prfn-
cjpally for its dulness The total sales OF listed
stocks for the week aggregated only 76t,s42
shares against 100000 shares for the pro
ceding week. Whatever disposition there may
have been to speculate on the improving ten
dency of the time was promptly checked by
early information that a new passenger war
at tho Southwest had developed on January 2,
although the rates were advanced on January
l. as per the agreement Of all the managers.
OF course, no one could positively state wnetner
OF not the irregularity reported was an open
breach of faith or an Insignificant ana unmean.
ing error. The doubt was all on the side OF
The incident was made much Of and exag-
gesssd to the fullest sof F. aHd Missouri
Pacific were sold down about per cent The
dealings in those stocks made developed
matched orders snSs 'h snd that
lions were principally for the short account.
The moycments, however were demoralizing in
their effect upon the general market, yet sue,
ceedrg efforts to recoup the stock sold resulted
in sharp recoveries so that the market generally
closed With immaterial changes from the prices
Of week ago. That was all there was Of last
The week closed without full explanation
Of how the cutting Of rates on passengers be-
tween Kansas and Pueblo was begun. It is
known, however, that the two companies prfn-
cipally responsible for 1t are engaged in con-
fest TO fasten the responsibility upon each other.
Il probably Is true that all the other Lines have
withdrawn from the Ont and restored their rates
to the basis agreed upon. One thing. however.
is evident that tho Rock Island Company was
quick to meet reported cut BY the Missouri
Investigation, remains to be explained.
All the promises Tor the year 1880 and all
It's prospects far IN advance or the conditions
ruling one year ago. The labor question Is In
wear ago. and instead Of strikes now being
threatened, the wounds Of old ones are being
healed up The railway system OF the country
has passed through period Of reckless manage
talked about floating debt, are in large part
fictitious The now Idea that the solvent COM
panies (by the way, we are glad TO learn that the
Rock Island Company is one Of them, from the
same authority which only little time back
was asserting it's probable insolvency are less
holders or If you please, of reputable foreign and
American bankers, than are the arrangements OF
insolvent companies, is too absurd to require
any notice beyond directing attention to the
Is conceded, and no one seriously disputes
the proposition, that embarrassed companies
make trouble With passenger and freight rates
1t is true that the Burlington and Quincy IN its
offers solitary exception 70 the rule, but it Is
not an exception that Is likely AZ an early day
to form o precedent for other solvent companies.
Subjoined Is our usual table, giving the number
final prices OF the week, together with the final
prices OF week ago, prehxed by the average
prices of January T. 1888.
WEEKLY RANos