New-York tribune., 1890-07-14

haps speculation at some future time SNAIL run
rampant and destroy confidence, 50 that dIs'r"s'
locks mOncF up l.stead Of sceNln- 70 H"Ne IL pay
returns u IS not Necessary - discuss thc lGtUIe
results of the new departure. IL Is Suinclcn' l'r
the present that il answers all Ill" demands o.
that class OF persons who have been crying y
lack Of money iu tie country, ana 10 II also
worth while 10 remember that eleven years com
acr of s. 900, 900 silver per month has produce
none of the evils which some of the best hnaEcaI !
thinkers Of that period were sOrcN dlralu IL
would II is also worth while 10 note that the
net gold I'm the Treasury on January /. - ." Was
only Sl10,000,00o, against Sl9O'ooo'ooo july y
1880.
inc the week by financial troubles in the Argcn-
tive Republic. and the rate for discount III me
open market a one time was as mgh as -
ppr cent. but the Bank of England on In'fSN!F
made no change in It's minimum rate lot NlS-
count and left il 81 per cent. giving s'I'hI
evidence that in the opinion of the governors
such strinncncV as there was was ONLY temporary
1ho bark lost during the week E432, 900. but II
was all by movements 10 the interior ol Hrea'
Britain and the loss was reduced u the sum
named by an importation o. NI~V'oVO. -, Iir
strngcncy in London started gold movement
fror hero which was more aUtlcipatOrY OF pos
siblc necessities on account OF Arecn'h' ulmcuI,
ties than because OF immediate REQUIRE heiI,> al'
s.. 600 600 was sent ont by Yesterday S'cF'PiS
Arainst that loss however the Treasury to-inor-
row will furnish the market with about 81 .9oo'-
900 in nayment Of yesterdays purchases OF bonds
THO foreign nXchnnecS ruled HIGHER because
+bc Lirhcr rate for money in London. but ~
81 < Z 81 for sight sterling there was no PROM
in the shipment Of gold as an exchange operation
Tho report that GO 10000 oi GOA had "'Il
taken from Paris for shipment 10 London was 10.
confirmed. and the report pTohaoly was WIun,u'
influence upon the shipments from New orX, w.:
cause probablv. the shippers knew me eNN'
facts. while some other people were seeking LOT
reason for tho evnoft not reaching ther pI'"iV-
tion Of So. 100000.
RAILROAD EARNINGS.
The Chronicles" table Of gross earnings OF
railways for the month of June includes l'o com
panies Some. however, had made returns oa1E
For tbrpe weeks. and for those the comparlSohS
cover only the periods reported. Vl 'lt oo.'i "a,
number. ia companies showing gains give 'l
.olIregata of 500 5Or.92O: a gain on the m0n'H
Of 1880 Of S3.21S4A6. or 15.9 per cent IWru,h-
six otbcr compauics. which show losses give an
alrcre+a+e Of g. 2sS q54-a loss Of S4'''l2 or 81
nov cent The aggregate gain for the whole nun
ker * S214O.734, or O. per cent, "IilI' ~'0
,,ileago is incrcnsod only % por cent
Tho foIov ne tal divides t' acsr ra<s ana aiu''''0
~ tba rnn1onies showing gains and oeS'S
No,,r ~ Ipne 1850. 1890. prerfA{cS. P.V5
o'I @ w 80 2so IA s23 5o7 go Inc 5"2lS4{ iS1
% % 7coC5Ianfr, -66 $50 7.2SS 0jt DV 4'''I- o.'
Total 100 g. SOS o5014o e3o796s74 Ino. 427'o'M ..
The Tribune has printed the cross earnings o4
+hirfy-sevcn railroads for the first WeeN IN ,'uN
ONLY seven of the number have rcL-rhcu i"SSe,
and the total gives gam ON the We Oh I00' VI
sol .Ol3. or p per cent.
The SUB oned table divides thn ars Nco''S ana "''
NJ the c'r. 1anlcs showing gains and losses
Is, we.. ia July 1883. 1870 pIi.i.'.,' ,. =, o
a. r,,rr,nl', = SIS -t5 32,Sji1l" Inc - ~ H.
cor.,ani So. s3e i53 s'+.oCo Dec. '''-S' ''