New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-04-18
companies ..... 1.sse. 5e4 17esso Dec. Iol2eO SO

Is companies .... IsS2 56i 172sSoi Dee. 10000 81
Total 81 os 80 $50 9O5 Is9. 7is Inc s9aesis 1o
TIE WEEK At THE STOCK EXCHANGE.
Although the week was broken by a holiday
business at the Stock Exchange WIS fairy active.
1t was not well distributed because tie trans
actions in the anthracite coal stocks were more
than one-third of the total With slight Interrupt
lions the general course OF prices was upward, ana
the closing strong and hopeful At virtually
the highest figures for the week. The activity
and strength of the coal stocks not explained
fully by any developments in respect to The prop
critics. The smallest gain in this group was made
by Delaware and Hudson Canal. which closed
about midway in its extreme fluctuations. WITH
q gain of , per cent. kumOrs Of important
changes in the management of this company were
reiterated, but they are not likely to be confirmed
except by the results of the general meeting. Inc
rise of about per cent In Reading seemed 10 nc
caused partly by belief that the reported CHANGES
in the management Of Delaware and Hudson
would bring that company into more lntlilaF
and harmonious relations with the other anthra-
cite companies.
Nearly as large advances were made by LacIIa-
wanna and New-Jcrsey Central OF these stocks
Reading alone enjoys a wide market Although
its advance seemed TO be started by the covering
of short contracts. the subsequent movement WAS
on what is termed good buying. II must be adj
mitted, certainly, that the speculative position
of the anthracite stocks IL all the stronger II
actual control becomes necessary 70 carry out
the terms of the great Reading deal. Inc prices ,'
Of Lackawanna, Delaware and Hudson, and New
Jersey Central may be advanced 10 almost any
nlane on account of the cl0Scncss with which these
stocks are held. \ sharp advance III Reading
NAV indicate that majority OF that STOCK HaS
been removed from the market, but at the same
time it is significant also of a general confidence
in the future prosperity OF the company ny .oot, IN
fact some recent buyers OF the stock are alfcauE
engaged in calculating the size of the DIVIDEND
which they hope 10 receive as the frult OF the
years operations =,
ter part Of the week by the announcement that
the Central Trust Company had received dcposltt
of over S5S 100000 out of total S0l '9,0oo ol
Richmond Terminal securities. Further deposits
will be received until the close OF business on
Tuesday when there is little doubt that the plan
of reorganization will be declared effective. IL
mot until after the close of business Iesrr-
day that rumors OF important opposition to the
plan were confirmed. Whether IL VIII be SUM-
cient even to delay the Of the reorglnlza-
tion may not I've predicted. and when the unknown
purposes of the antagonistc party have been ac-
complished harmony in the committee ana IN TIC
scheme OF reorganization will he restored
While the general conditions in this country
are emincntly favorable, the stock market may
be Influenced greatly by the European situation.
The London Stock Exchange will be renpcned on
Tuesday. II the better sentiment when mas re-
Gently prevailed abroad should he maintained,
further purchases for European account would
impart fresh strength and activity. II the ~
cent advance should stimulate realizing sales, the
opposite efec; would necessari ly follow. In
Europe and America the excessive ease of money !
ought 10 stimulate speculation in American rll- |
way sccuritcs but up 10 the present tmr puhlc !
interest everywhere has been lancuid and almoSt |
dormant.
Following is orr usual table. giving the number
II shares sold of all stocks. the highest, lowest
md final prices of the week. together with the |
inal prices OF week ago, prciiNcd by the average
prices of April Is. 1891