New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-11-16
Total 6s cos so5 s13,0ll 93s Inc. 81 "
TUE WEEK At THE STOCK EXCHANGE.


Speculation In railway securities last week was
irregular. On Monday The market was depressed
by rumors of financial disturbance III EUROPE, p.s
they were evidently circulated IN tne i ntslr.o
of the bear faction at the London Stock EAcnanee
on tine eve of the fortnightiy settlement AZ any
rate on Tuesday there was sharp 0emah,h s sor
stocks on foreign account ana ,ne Pfe ,he market
became dull and dropping as this demand was
satisfied, but toward the close of the week prl;HeS
again advanced, although the pfihclpai -r, 70
,vas fresh covering of short contracts Inc re-
suits of the weeks operations were generaly ao os
vances which were largest in the Granger snaars
and in some of the specialties Inc onN by
ton to the general movement was anGr ,ag wy Wy
the anthracite coal stocks, which miile Ell, IT,
iuctnntly. Delaware and Hudson closed WIN Ia d
loss of 3 1-2 per cent after recovery VI Pe'
''"' The TU' weakness of the coal stocks was the
more remarkable because it apparentIy Was d rDa
justified by the condition OF the tra1e. ,hat
seasonable demand for coal mas Ien 81 renanies
seemed insufficient to SATISFY IT, me Sa non ~
production excited speculative fears that the c9 !,
HE output should be larger than required IL must
he admitted that prices would suner. 90 dar "a
the managers Of the coal companies are coucerteu
there is no reason to believe that conilct Is pIoD
ohIa The Reading Company undoubtedly desires
TO increase it output. but this fact may NOT nave
reference to future division OF the business.
The approaching close OF lt sci year hn nT
hibit. The exceptional decline in Delaware ana
Hudson was presumably in consequence OF sales
nv large holders While the other coal stocks
aro ALWAYS liable to bear attacks, Delaware and
Hudson has been exempt because IL has been
closely held by investors.
The influence which is liable 10 be Of paramount
Importance was the financial situation abroad.
Small failures in Berlin we've significant, while the
uncosiness in Paris and the fall in French rentes
were not reassuring. From Russia there came
no news which could be considered trustworthy,
and tho state of monetary affairs in Spain
indicated serious crisis. In South America.
thr political complications became more
serious, and the financial results Of the revolu-
ton in Brazil were not clear. Heavy losses
through any of these causes would exert tenn
norarv influence on the stock market. American
railway securities undoubtedly will be in great
demand both by foreign spectators and IN
yestors but In the event Of financial disturbance
in Paris or in any other great market, the first
movement would naturally be o selling of most
available assets These are now American securi-
ties and the selling foreign account IN ire
last week surpassed the buying 1t is to lie
hoped that the movement will not long be con-
tinued. but its influence can in any event De
only temporary.
Following is our usual table, giving the num-
Der of shares sold of oil stocks, the highest low
est and final prices of the week, together WIN
the final prices of week ago. pretXed by the
average prices of November Is, 1890:
WEEKLY RANCE.