New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-02-18
Total 81 co.'s 80 952 COS s15l 40 Inc slgS lIo- o.
THE WEEK IN TIE STOCK MARKET

"A. Tho Stoclr ExclAnge, tho broadening of the
rsar,rpt for first AM second class railway pohds
continued to DC aress was done at the Exchange
- nrohahlv did not equal the amount OF trans
actions over te counters OF the ARE , 4eoets'
The epeculati,n in stocks was Irregular iH i rs
one nprtion IL the list seemed TO be weak In hg-
| ures while another portion was strong Inc IGO
is that cnsidcrine the tremendous efforts when
have beel directed against that part OF the nst
| yrhich Tas called weak. II was In these-the
q crarlern stocks that the greatest srength was
deveyped. Probably no greater aosurdlty was
ever before set fo-th than the idea promu gated
| tbsx both the ups and downs OF the market Were
| srtineered By the same interests. Every casual
observer knows the sources from which the attacks
| upon the granger stocks emanated' Omcago
and certain New York Spectators who are as far
removed from the bankers, who have put forth
honest efforts to prevent the destruction OF Amerl-
can railways as His Satanic Majesty Is from ST
Patrick, never ceased to pile on the agony thai
the agreement between Western presidents was
faiInre until on Friday IL was announced that the
Burlington and Quincy Company had signed the
The bankers method of bringing the recall
citrant managers to their senses has not been a
pounding of values at the Stock Exchange PROB
abl except for the assurances which the BANK
ers gave TO the foreign holders Of Illinois Central
and to the American holders of Burlington and
Quincy that the agreement would be signed,
the efforts Of the week to mark the prices eo, o.
at the decline would have met with greater
success As IL was, Burlington and Quincy was
J sold down "a per cent from the fgures week
age, but recovered, so that the final decline, was
ohE 5-8 per cent Illinois Central deemed
i-2 per cent, and recovered Just one-hah of Its
loss Rock Island declined 2 1-2 per cent, and
maie full recovery. 1t needs TO be remembered
that the recoverics made were all ccomp1shed
afpr | o'clock on Friday, while the extreme
declines mentioned had been In progress during
the whole week. Northwestern closed 7-Ss higher
thsn a week ago, st. Paul 1 LIZ per cent higher,
Omaha | per cent higher, and the preferred stock
| | IL per cent higher.
| The movements against the Changers un IN
| dotbtedly had more less effect upon the deal
inas in other stocks. So that while hrmness TOT
| the general market was prominent feature dur
| IND the whole week, there was general us
| podtion to wait for the developments IN the
| Western situation The really promising feature
in the situation outside Of the general condltlons
| which must in the end, prevail, is the evidence
| Of intent on the part Of the Interstate Commerce
| Commission strictly TO enforce that law Inc N
| vesigation now pending at Baltimore on tne
| ALLEGED Irregularities OF the Baltimore ana ONO
Pafroa1 on corn rates furnished evidence that the
! Commission will act with strict importantly, nola-
! ing large as well rs small eorporatonS stFlcuy
! RESPONSIBLE for their acts. when the lnUersIaUs
! Conmprce law Is enforced, much OF the power OF
| mo,egers 10 operate their trusts for their own
rer,onal benefit will be removed. Inc week closeCl
With promises OF greater activity an evldence Of
| grot,ino confidence and with decentralization IN
| r. ranks of the bears who in certain spe-
ciatties. have increased their short lines during
sibioned is our usual table, giving the number
| NJ shares sold OF all stocks, the highest lowest
| and final prices Of the week, together WIN the
Gral prices OF \ week ago, prcIXed by the average
prices Of February ls, 1883;
WEEKLY RAMON