New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1891-02-09
- voDu mr., rp1pNE MONDAY FEBRUARY ls91rWELVE PAGES

ton, and the purchase of the control fltte-
burg and Western 10y the Baltimore ana Orlo
Railroad was without elect. The declaration
OF "a dividend by the Lead Trust resulted III a
slight depression of that stock by the general
disappointment that was felt at the amount III
the dIvluend. The annual statement OF the Cehuu
Railroad of NewJersey was 30 favorable I'D every
respect, in spite Oi the poor condition Vi ,ue
anthracite coal trade last year, that .ntO
stock made substantial advance. IL was nrst,
indeed, in the comparative change rom week
ago. The whole market was largely one oi
specalties, and the leading shares, although qulet
and strong were rather Overshadowed Dy slocks
not SO widely distributed. The dealings IN Chesi-
peake and Ohio were at advancing prices INC
Omaha shares MADE handsome gains, ana stocks
like Great Northern, Mobile anu ono, southern
Pacific, and Oregon Railway and Navigation stead-
lily appreciated, and other stocks In which the uea
ings are usually small, gained new ACTIVITY anu
fresh strength. In general way the prominence Vi
these speclaltes is clear indication OF the COM
mon restoration Of confidence, whle IL ~nus 10
give the market an appearance OF Droau ue ~
interest. The Western railroad shares were uc-
pressed in the earlier part Of the week, ouC .S3
recovered somewhat in sympathy win inc geheI dl
movement. The Western railroad SITUATION nai
improved 10 the extent that rates are malhtaIhou
more carefully but otherwise there mas OeeL
no important development A snght trouble III
the Southwest on account OIL the Atchison ~
fusal TO divert business to ltS competitors was
without influence on prices and the TACT that 10
further progress has been made toward the esUao-
lishmcnt of the Western Traffic Association was
equally fruitless There are no mdlcau0hs ul' i
The new association will not be established, az.
though important matters of detail have not yet
been arranged The difficulty is not an oDstacle
that cannot be surrounded especially II the ON
GERS of all the companies earnestly desire tilaU
result That the Western railroads, particularly
those in the corn belt, are approaching a season
of small tonnage must he admitted, but the re-
turns of railroad earnings thus far this year de,
monstrate the wonderful growth of business ana
that the railroads are less affected now than IN
former years by a deficiency in the crops. Inc
annual report of the New-Iersey Central Railroad
shows that even in the East the general traiilc
was more than sufficient to cOunterbalance loss
in the particular tonnage from which that com
pany derives It's principal earnings undoubtedly
similar conditions prevail in the West, and the
cessation of new railroad construction brings eX-
listing lines into healthier condition The clos
ing Yesterday was affected adversely by the pub
LEGATION of the weekly bank statement but the
market gave signs of yielding more than
speculative fraction. Holders of stocks, having
carried them through the troublous times toward
the end of the year, are not tempted 10 part with
them when money is easy and confidence fully re-
stored.
Following is our usual table, giving the number
of shares sold of all stocks, the highest, lowest
and final prices of the week, together with the
final prices of week ago, prefXed by the aver
age prices of February T. 1890
WEEKLY RANGE.