New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-07-07

As the Stock Exchange on THURSDAY adjourned
till Monday at 10 O'Clock, the weeks business
doEe-355, ADJ shares in the general list, and
74,S72 shares in the unlisted department, total
43O,3o5 Sharcs-was small even for four days
There is hardly comment that could be made
upon the transactions of the week, except that
Notwithstanding the dulncss, the general average
of prices was remarkably firm. and that the
closing figures generally show some Improvements
on the final figures of a week ago. The unsettled
condition. was NOluninOusly reported, OF freight
rates both East and West, and the constant talk
of a monetary stringcncy over the holidays, were
factors which simply discouraged the making
of new contracts for the long account. but utterly
failed in disturbing the real holders OF securities.
The operators for the short account seem not 20
possess The courage necessary to enlarge their
short sales which perhaps Ill the conditions of
intense dulnes> might mcmentarly have depressed
prices.
There a strong tone prevailing among all
the Vanderbilt stocks, but Chesapeake and Ohio
first and second preferred and the Big -Four
common stock wee conspicuous features amOn5
them. The GrcngcrS record final advances for
the week Of from 10 l-2 per cent. and the
coal stocks we've all stronger and higher. "ith
only small transactions, on the reported improve
trade. New-YcrI and New-EnelanJ records aI
advance Of IL per cent. bat Of that we have
nothing 10 say, excepting that tie movement
was one largely sentimental The Northern
Pacitics gained | ard per cent, but OREGON
TTansc0ntincntal saved only IS of a gain at
one time of IS per cent The Union Paciics and
firm Nothing further j. knoWn about the pend
ing negotiations between the AtchlSGE ana the
Missouri Pacific system bat both RI ed firm, with
transa ctlonS for The week tn2t We're hardly d
fair days business in periods OF activity. Chicago
Gas Company stock, being relieved from -
wildcat rccrivelshIp, ruled comparatively steady
within q range of l. Per ccat. and closed
with final gain Of IL PEI cent NJ - 3-l-a
low icurc for stock that may DE considered
q; certain / per cent dividend payer frcn
Western Union. Handicapped as il is 10y public
sentiment as 10 The character Of itS MANAGEMENT
marked a gain OF l per cent, with total traL,ac-
tions amounting only t. l.%Go shares for tn
week. NeW-lork. Lake Eric and Western, despite
its favorable statements. established gam Of
only l-2 Per cent. but then. the total business
in II amounted only 70 900 shares
Ii Il easy 10 be seen that with the small trans
actions in stocks for the week there has hccn
little if any chang" IN ;hc relative position Of
tho two speculative Interests. Tho balls, 4 there
are any, have not forced The market. az! neither
have the bears followed Up Their = les Of The
preceding week. The operations OF tn WccA have
only furnished additional evidence that Spr ulation
sas tccu and IS how an unnp1riaIt factor In
The s.ocl; market. except for 'rnDorary results.
Tie wonderful sGccc-S in placing The 5000. 600
! pr cent gold dchrnture bonds 81 the New
Yorl. Central md Hudson River Railroad COM
paEv. dive .urc J, g0j, at l02. Will inc sub
scripiiun Hopk> "pcn Joss tl2n twenty four hours,
only illustrates ne 'arce demand ticr' rs for good
eccurii's for irvcsincut. These bonds have only
fifteen yc9rs 20 run ana can recall 40 railroad
bonds ~ that rate Of interest running 50 short a
tine which have been placed q; - high IL lrcs.
The market closed in good p sition for an a.tiyc
upward movement Immediately following the holi
DAYS But that is problem of immc liatc results
which depends go largely upon tie dispostlon Of
professional operators hat perhaps il Wo,ld ne
urwsn 10 make predictions OF any Immediate
activity. But tie grand MOVING power in the
market the ABSORPTION Of good securities 10y ia-
weston, who pay Tor What Trey buy. j, likely TO ho
more than usually accelerated hy tie July Ci.-
hurscmcntS for interest AVID dividends which This
tim are -hr llr.Cs in ne his.or OF ~" country
Following j. our usual table. giving The NUN
ler O. shares SoIi 81 all stoc's- tie highest lo'y
est and final rricrs Of the week. together with Tie
final price of week a-O, prcfXcd hy tie average
prices Of July 6, 1881: