New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-05-12
NETWORK TRIBUNE, Ixw-TwELyE PAGES
for long and short stcrling, against 81 81 Ia and
81 50 at date of 1880


IL 80 at date of 1889.
THE WEEK AT THE STOCK EXCHANGE.
The principal features at the Stock Exchange
last week were the continued demand and in
creasnS activity i'll the general bond market
The list of securities dealt in was larger and the
advance IN prices was more general than IL has
Dccn IN any preceding week. The demand j.
running largely in favor of the new securities OF
fneorganized companies, which are selling at
issues.
In The stock market the volume of business
aggregated 2,023, $40 shares of listed stocks and
4J5,l19 shares of unlisted stocks The az
gresate dealings i'll the listed department were
less That 100000 shares greater than the pre-
SSeulnS H w.eN, while in the unlisted department
ilshed over thrcc-1uartcrs OF the entire business
rom these figures it will be seen that the stock
speculation Of last week generally was not much
fuIthermole II was week of constant rcali2a-
ionS Dy traders and professional operators: never
ulfIcss, 'ncrc was general improvement IN
values. subject 10 small reactions. and III some
instances the final prices of the week give ma
terial advances Big Four" stock records gain
IL Il per cent, Chesapeake and Ohio first
preferred gam of | l. per cent Missouri racine
n galn OF . 3-o per cent, Delaware, Lackawanna
and Western gain of 3 Is per cent. Chicago
burlington and Quincy gain of ) per cent, 81
raul Gain of l-2 per cent, Omaha preferred
gam of Is per cent, Western Union telegraph
a gain oi per cent, and Chicago Gas gain Of
;'-S per cent. And therefore We now see big
uliIilS ol NNlcaQO NaS III quarters WHclc luui
weeks ago the company was condemned as an IN
famous trust monopoly. which had according 10
the same authority no legal rights that the courts
were bound 10 respect
Il is wonderful what a powerful influence is
eNcrted ny the figures recorded on the stock EN-
change telegraph tape. The genera conditions OF
The country are changed from what they wcr"
four weeks ago only by continuance OF the
progress which for lolA time before That was
patent 10 every one outside OF STOCK speculative
circles. The railroad earnings before that time
a :.
then the gains have only been greater than le-
fore The Chronicles" table of gross earnings
for the month of April, which, however, is in
complete. because in number of instances 1t
compares the earnings of only the first three
weeks, shows that of the ljj reporting com
panieS only twcnty-four have failed 10 return
gains. The aggregate gain Of the whole number
i S3907.S%1. or 1871 per cent The suhloned
table divides the aggregates and differences of
the companies reporting gains and losses;
q cS%psas, Gd5S5s5 - lfs55 80 Dec De-" H5s55 .
Total 155 cos?s $50 3Gl 9Io Inc - oo7ss5 1877
The Tribune has printed the returns for the
fourth week ~ April of seventy systems. of winch
only seven companies returned losses The aggrc-
cate gam of the whole was 81 .oO1,11l or 90
Ircr cent. showing that the average of the last
week Of the month was better than that of the
whole month. The subioincd table divides the
aggregates and differences OF companies showing
gains and losses:
% cran ia 263 57..07 80 Inc O53 Q36 l.3
CON. auic'..--. 'iJ3 los Dec. 1'5-1 u
Total 20 co1pssG G' CO $7.Gs9t05 Incsl o0771 100
We also have printed the returns for the first
week III May OF nine companies. airln" an ae@rc-
gate gain on The week Of lSeg of : i.ls6. or {,
per cert. II sEoVld BE- borne in mind that during
the Wa"l" OF the respective periods referred 10
tie reports OF tht Western railway situation have
been Of a worse character than ever before were
published. As to.day's publication of Chicago
dispatches exceeds in its badness" anything
which has preceded il. il seems reasonable 10 en-
pect in the near future ret 1rns of greater gains
in railway earnings than have yet been recorded.
While the antIc pated silver legislation as vet
las scarcely entered into The calculations Of the
stock market. there is little question that hill
ol some kind which viii meet with tho Executive
approval will become a law during the present
session OF Congress. The extreme silver men are
making a strike fer all thoy obtain. but they /
not such foolish politicians 10 refuse finally
the mailman that Is obtoinahlc. When silver
legislation begins - affect prices OF cithci mcrchau
disc or securities il is likely 10 be felt first in tie
other metal markets The price of iron will /
" catch on" TO il probably before the stock mar !
lct docs.
Following is usual table giving the num- |
her Of shares sold Of all stocks. the highest low
est and final prices Of the week. together with tho
final prices Of n week ego prcAcd by the average /
prices Of May II, 1850