New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-01-23
BANKING AND FINANCIAL.

The following remarkably accurate statement,
under date of Monday last anticipating the recotH-
mcndation of the Secretary OF tie treasury on ,ie
Silver Question, &c. by MessrS v X. Stevenson
d Co., Real Estate and Stock Brokers, Is copicu
in full from their usual weekly circular:
NEW YORK. MONDAY, jan 90, 1890.
The time Is at hand when the present lethargy OK
the street will be thing Of the pd1I AS viii VIII s"on
make much more cheerful feeling In financial err
cles and the nnancicrs will awaken to the fact that
STOCKS ARE ALTOGETHER TOO Low.
considering the wealth and growth OF the country ana
the progressive spirit which IT only needs good leader
10 develop In the street. The day OF nervous DOG
berrys ana Dromos who quake at me SOUND OF , ,ie
word Trust and have fits at the latest ccHTdio ivl
the Chicago Agony Buiea9' Is aiinoSt OVcr tno
importance Of Secretary WINDOWS silver bill, which Is
certainly measure for expansion qua Tor hE TS
price for silver which VIII raise other Taiues ny ~
administration declare, itself in this bill in favor OF
an American system of finance based on n n I
silver, the product Of American INDUSTRY Inc W.
attitude If the secretary will Inspire confidence mat
some measure OF expansion H De 5econGts The
future Will commence 70 lay away stocks Tor the
coming boom The public Will see, too that
THE TIDE HAS TURNED.
and will buy-no matter what-f0r they Will be sure
~ make a profit on almost anything. a prominent
banker Of foresight says the depression mas oyer
biggest the street has ever seen some stocks,
however, advance IN spite Oh inc IeIharsc anu cod-
t0sc condition Of the street.
TENNESSEE COAL AND IRON
confines To hold its own, and ought to be selling
above par on the strong buying and the prosperity
of the iron trade. We have little doubt that it
Win sell there before the LIST OF March, and on the
prospect OF favorable financial legislation by Con
are,s NAV reach even higher figures. Colorado
Goal and Wheeling AMI Lake Erie
also bound to go higher, whether school keeps or
In spite OF the old Chicago Agony Mil in fun
blast. the action OF the Burlington and Northern
Matchmaking concern ana the bursting OF tlc IN
much. and even Missouri Pacific which Is generally
used for bear ammunition. holds it, own. These
desperate and blood culding cuts by the Alton
and burlington look TO Us like another bear move
Of Jonc, and Cammack and Cable 20 cover shorts.
They that the heavy purchases Of bonds by
IN. Secretary insure easy money, and they do not
like the Increase IN the exports Of brcadotuns for
rh, hears are making much fuss the ruling
OF Chairman Walker, and claim the Interstate As
Tie more conservative opinion, however. IS that the
UNION PACIFIC AND NORTHWEST
alliance has more vitality than the Gents Agree
mcut. and that the latter must modify some of it,
rulings Ia avoid a collision with the alliance people.
The dog must was the tall and not the tail the dog
II is evident that luist are badly dcm0ralzcd,
and everybody prefers Chicago Gas cmctic 20 the
iavcmcycr-' sugar coated pills They are dangerous.
however. to >"l short. though We sim believe they
,,IlI .cu AT iftv. rs predicted when they were
arourd par. In this battle Of the giants one must
re very cautious but when the bun deal comes and
the lawyers and Goctors have had their whack AT the
patient We Shall not fail 10 inform our readers If
ihc.c pro,c .,ioual, sim have the patient alive.
"n n and saws that II is not worth much more than
Erie. but the vast coal property OF Reading makes
me stock worth more.
THE TERMINAL BILL , +, CERTAINLY A BULL
ard with better demand for coal ,Nc stock Yin
advance again. Reading m, 100 many crcN ,'l
Morgan usrfy. !. very strong. Tie strong part
irhnd I.nuc,-cc Coal atd Iron are men II bn,i
moro aiN.ou 90 luy the .t1ch than to advance.
rHE sTocK WILL ApvANCE TO ABOVE PAR
81 te l Wi,Scy d' a.G ,l nahc. Of Na
Nilr ARD other We also "lN ''' pu', '''o W