New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-03-28
Total 81 co'ss5 7Gl 0B2 so.l7,13f mo @ioV'' -
TIE WEEK AT THE STOCK EACHANUL'

TIE WEEK AT THE STOCK EACiANUL'
The stock market continues duh' "ia'
activity there is being confined to speci"i 'e'"''
The total volume of business last week was
larger than that of the week before, pu' 'no !"
crease made III the closing days anu ,Sc
partly due TO llquidatOns Ihe chaI"c.oi "a tiat
speculation is best indicated when IL 10 stitc"
SIX stocks contribu 90 per cent OF the ch'llt
dealings, and If the industrial shares are rlU
OF the account, these six stocks may nc Cic"i'"
with over iye-eiQhths of the business uOhc. III
the general list the net changes are ueOHh''' %
though the losses are not material .,ni,os 20
4 singular indifference was shown py Plluca ". W
the severe blow given in Congress TO Tie auNoo" NE
of free silver coinage The failure TO pass the
Bland bill is generally accepted az It's virtual NC
feat at this session of Congress- ana Sc1 tc Nv,
was worth only half-hours faly II. olS ,T hce
II would seem as if holders OF securities had Dee
undisturbed by the agitation, because OF |vis
confidence IN the Presidential veto. "iHe oi',
promise of AN international conference 10
sufficiently tangible to induce new buying WltIo.'
more stimulating conditions IMAM nov d,r;nr
Spectators are prone 10 restrict ventures uuii',I
the period of uncertainty as TO the outcome du
least Of the earlier crops, ana there aiy 'o IN
indications that solcitudc Is IciI us 10 WV VII
position with which the railroad managers WIN
prepare to enter the season OF water coinIc
as well as 10 confront the questions coming Deiole
the April meeting Of the Western iraihc ASsoci'-
ton Suspense as 70 the fate OF the NeW,JclsscS
bill egsli2ng the coal deal enabled ,a SnecmIn
ton The stock is one of the few STANDARD sharts
which closed higher than week ago, nut ~
spite of the large dealings, 1t may ne queStphcu
Local unfavOrahe influences were inc sieauE
declines in Northern Pacific preferred. Lake ShoIS.
and Richmond Terminal. The first named STOCK
is down more than per cent on large tI3nScu99l,s
which unquestiOnaby reflected llluda,lo's'
price is now about | 0 points bel ow the naSiS OF
n wear ago It's recent weakness has surprised no
one who weighed the facts of the large ilNcd
charges resting on the property and the certainty
of lower rates that will follow the Increased com.
petitiOn in the Pacific Northwest, developing hou
only through the Great Northern system nut III
other directions well. The Street has nov oe,h
satisfied with the vague official assurances tnal Ilc
floating debt of Northern Pacific is well protected.
but il may be doubted if curiosity will he further
gratied. In popular opinion. there Is no dahPcI tV
the Northern Pacific management VIII nc crlllcIcu'
as the ST Paul directors have been, Tor MOI paying
dividends which have been fully earned any IN.
declines in Richmond Terminal stocks reflect
speculative disappointment that hruIlaht malipn-
lation did not ACCOMPANY te issue % u'e v, ~,
TO bc modified have been officially repudla'cu
critics of the scheme may rest assured tlat tni
prominent interests working for its success VIII
see it fail or succeed as it stands ii repre7en MS
long and careful consideration Of all points hil'
the final judgment of some of the bes-knoWh ana
experienced men Of finance and railroad manage
mont I he strongest doubts as 10 its success
seem TO he felt by those who are not 'hc uio'o
vitality interested
The industrial stocks all were active and higher
through the week although the announccmcnt, AZ
with authority, that the American Sugar REFINING
Company had secured control OF It's competitors
was signalizel by considerable reaction from
highest prices. In a speculation a. confusing as
the prcsen: one, the prominence OF TINS group
OF stocks may not prove detrimental to me gen
oral lst As ii frequently has in the past. Holders
of good securities have not been disturbed either
by special manipulations or the persistent course
of American securities from Europe t. tins SIDE.
When good profits can be secured il is not sur
prising that some are taken. appears 10 I've tho
case in Lake Shore. which was one of the features
of last weeks market as regTdS both lts ACTIVITY
and decline The closing heaviness Of the market
was little modified by the favorable bank state
ment. " -,
Following is our usual table, giving the number
ne shares sold Of all stocks, the highest, lowest
and final prices Of the week, together with the
final prices OF week ago. prefiAcd by the average
prices of March 20, 1891
WEEKLY RANGE.