New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-07-25

OSs, or 10 per cent
differences Of the companies, showing gains and
losses
IL comPaniss sos 50, 1905 Dec iO isS
Total 81 50 col $50 81 a2s Inc. ss25ses O.5
:: e con eSnp %nes iSss;S 1870 Dec d7iS'
ro,,l o, co.'s 1872 osi a. 2o5 100 Inc. ss7aoss 10
TIE WEEK AT TIE STOCK EXCHANGE
After a brief squirt of activity in the middle of
the week the stock market fell into state OF
TO the operations of professional spcculator, and
not TO a better public demand. II must be adj
mittcd, however, that there was further change
in speculative sentiment. In the week there were
no shipments of gold, and apparently the export
movement has ended for the season; With it is
G. oscd also the discussion OF the silver question
and of the Treasury gold reserves As was natural
the Treasury balance was Increased By small
amount last week, and for the next few months
stock of gold will grow steadily. The defeat of
the Anti-Option bin in Congress might have no
little influence on the return flow of gold, for the
uncertainty in regard to the measure has tended
shipments of merchandise. The defeat of the bill
would relieve this feeling of uncertainty among
Ss would ana naturally nf 4ess in sPny rates.
for foreign exchange. Whether they would fall
at once a Point which would hasten the return
of gold from Europe is an open question year
AGO it was expected confidently that the usual
antumn imports of specie would virtually cancel
the earlier shipments, but in fact little more than
onc-half of the amount sent abroad was returned
/, is by no means improbable that similar disap-
pointment may be experienced this year
At the same time, the conditions which sur
Tonnd speculation are eXceplGnay IaUoed' h
the Clearing House exchanges and by the constant
increase in railroad earning. HoOd weather is
reported everywhere az the West, favorable not
only 10 the growing crops, but TO the gathering
of those which arr ready for the harvest. The
labor troubles at the Carnegie mills have not yet
been settled, but there has been no fresh Out
break OF course the latest development is not
likely to affect in any degree the question between
the company and its employees. The cowarily
not be regarded as anything more than the crazy
act of an irresponsible advocate OF unlVrrsal
anarchy: 1t is to be deporcd by all good work
mon and inst employers everywhere.
The only influences really opposed to better
market are the cutting Of rates by some OF tue
Western railroads and TO uncertainty anont oon M
ercsS legislation In regard TO the first 1t may DE
assumed that tho facts are exaggerated, while the
condition OF the crops and the assurance Of
large traffic makes the danger of disturbance very
slight. The official announcement OF the
Quincy Railroad from The Western Ttai-
ic Association was expected from the o, nc,'p1 On
the ADVISORY Board. Even if the withdrawal OF
this company involves the dissolution OF the asso-
citation, the complete disregard which tho stock
market accorded TO the announcement must have
been disappointing TO the managers of the com
panv Their claim that they could not Justly sur
render the interests of tho company to an inIc-
pendent board Of commissioners is an cmincnily
sound one. 1t is popularity believed in Wall
Street however that one or more directors OF
the company have been guided by purely spoci-
lativc motives In any event the action Of the
Chicago, burlington and Quincy Railroa illustrates
again tho saying that it makes difference whose
ON is GOred. -,
have been affected by the virtual disruption Of
tho Western Traffic Association displayed sur
prisinr strength Even Chicago. Burlington and
Quincy nuctuatcd within l-2 per cent and in
The week recorded an advance Of per cent. 81.
Paul was comparatively active. but its luctua-
tions were smaller, and it's final advance wns
Cnly a slight fraction. Tic only weakness pr
ceptihle among the leading stocks was in Read
ing and that was due more. perhaps. to litigation
about the anthracite coal combination. rather
Than 10 anything peculiar TO the affairs OF the
company itself The decline in Rnading was
fractional. and probably it was only the cx-
ccpticn which proved the rule. All the invest
rnrnt stocks advanced readily on buying. which
undoubtedly removed the purchases from the
ma rket.
Following is our usual table, giving the number
NJ shares sold Of all stocks, the highest. lowest and
final prices of the week. together with the final
price a week ago, prcfxed by the average prices
OF July 25, 1891.