The sun., 1891-04-12


such that they come In - buyers whom
hopeful expectations are being realised
and - sellers when forsbsdings Of evil
are proved TO have been correct. They are
largely responsible for the extreme quotations
that are made In any pronounced movement
in prices on the Stock EXCHANGE. They are
too matter Of fact to appreciate that sentiment
and anticipation are quite - important els-
msnts In speculation - rsalitisa
Although the tendency OF prices has been IN
the main toward higher figures this week.
there have been enough Incidents TO produce
more than the ordinary number Of huctua-
tions Tho probability that Germany will
raise its embargo on American pork products
intensified the bullish sentiment. while the sx-
ports Of specie at the end Of the week. liduida-
tion In the Northern Pacific stocks, and
the dissolution Of the Chicago Gas Com
pany tempered that feeling. As TO the
exports Of specie, II 10 clear that Germany
IL making strenuous efforts 10 increase its
stock Of gold. q circumstance that. together
with the rsopsninR OF It's markets to one Of our
staple products, 10 construed By thou9htfnl
people as evidence that the German Govern
mont is preparing itself for possible hostilitiss
with Its neighbors. Al German investments
in American securities are largely in those OF
the Northern Pacific Company. 1t 10 possible
that the bulk OF the liquidation In the pre-
ferred stock OF that COMPANY has been for
account Of Berlin. London operators do
not appear to be disturbed BY possibilities Of .
rupture on the Continent. for they have COW
cred good many short sales and were again
to-day conspicuous buyers Of stocks In this
market. To.day's market showed even greater
strength than that OF yesterday. though the
average Of final prices was . little lower Ex-
pectations Of poor showing by the banks. the
withdrawal Of s4O0. 900 from the Bank Of Eng
land for shipment 10 Berlin. and pre-
dictions that the Bank Of ENGLAND
will advance its minimum rate Of discount
on Monday caused the professional elomsnt to
sell stocks ON fairly liberal scale. The bank
statement was much better than any one ex-
pected. while predictions - to an advance in
the Bank OF England rate Of discount were dis
credited by foreign bankerA In consequence
prices rallied In the late dealings, and the
S:ss @ so.s s:; ,sS,s Il sz
hye Ss5 %
soD.dsSs sDsdsS @ large ship%ents. BESIDES money is
sssse%ens STAT us SHOWS demand @ ier mensy. :. The
loans are over . million dollars larger than
Ts as ss Ssss ~: H Il ss. : :nrSs: as
"A iss.u!. .hi. week has bs.n . revival Of 40:
5:s a. S a., e ss o s e. q gene R:
CO. eompsrssiysiy s1 dS o isvorsSts shexins II he
last-namsd company for March Is as sp or.
60 1as less s.vs since dH
sses sSspendsd: Thes. Who have ths best int.rests
tunats In shs sslecs!en 9t sn oticiai accoIn,snt
hi0 INT it il disproportion ately small In
ecinpar!son With The estimates which the
Ts ai Els Of the 70
credit OF having devised the most ingeniously
ssss pprsssnssd as 70 BODY q sssur.y
but the success Of that plan appears te have
lnsdsaSiI, %sas SimssI, % more 70 than usually ridiculous
@ s e q oo
Z, ssss. q ns 1s &
:5..% :as RiIHft. lifs Il. HsoSison 81
1uch gravity that no Part Of y shoSSd SG b. lIt In
Of s1ass 4 so:'e
leading cad that II seems desirable to state the
facts. As noted some ttme ago in this
who took tie AmericAn kehns.y e San FF.s: F'F.Is,:
o f. SS%
not uron the Pacific coast, Reports Of an ALI.
ance between the same interests at the East
sees al q tho s'
Sd the sss e. e ss
me1t men We W6sreby r. ali Of shs Isansrs iurni:h he
product to msmbers OF the m Ct uni
Boycott sli imported refined sugars. Obviously
such On aEreement would put pa ~ eng 10 Com CON-
p1Hn{h sas FL sndssey q tho m.rl. the
q IA q S
SesSo 81 hs ssa nns
inpsiy fpsiiS'i isporsd i ies some tin: are IN; IN;
ths fsuS uaSnthraSite cos and iron industries Being
s sssapeeed re
duction In stocks on hand. For once the con-
hs Ss 5Ss Of e. g:as
s1 a a.. ..s,,
SHi Buriinstoa % and QUINCY. u cent. A%esiss9
sssss1 ssSss, ks1es sk Sc asopl P.es apa
xest, and UpI0n P.eiao. IL each; Canada
sSHiheIn sad ana cS and 81 ieus
Lake Shore, ] each; Lackawanna, Reading
ing Ing and Lake Eric. X p cent. each: The noio-
worthy declines sre ~ Northern Pacific pre-
tan. X and Southern Pacific. y v cent.
Final sales compare with those OF yesterday
as follows:
april 10. Aprlii. Aprt To- Aprt,ll.
Atch r. g. r. 81 H4t ssouFi PAo... 70k 20
Bun Ro kP :, 87k n North Am. Co.. l7x 7k
Canadian PAo.. 7BH 7ek Nat Cordses.. s!N 6M
Can. Southern. biN Oh Northwest com I07X I07x
Cent. Pacific. 24H 2gx Nor. Pac oom. ION 26A
C.C,C.A St.L.. CIV e2 Nor; rae pt: 6BN oSN
g., H. / z. ..... 66H eSIN. y. Centni.. .lO35 lOS
Y. East III -. o5t 6SHlN. !. Ak Eng. Sln nM
Consol Has.... G6x 9oAlS. j. CenrM..l!sH lis
Chez. / Ohio... l6H l6H ontario = west I'm I'm
| G. o. "a pc.. 50 S3A Oregon Imp. ~ 21M
Chicago Gns.... AN S6!s racine MAIL" 9aH W
Del, L. 1 W :. 1854 1904 Rock lsand.... 7tH 73x
| Del 4 Hudson. I3+H lStkl Rich; WIZ. I'm In
D. 4 r q pf.. 5t,H ~ RsadinG ....'.. ~ S2n
EIis leN ssSSlst r.ni eem.., ,SsS ,sSSM