New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-12-26
roa co cOss79'e76 1913 $50 sos Inc, SI'.,.0' l.
,r,,r WEEK At TIE STOCK EXCHANGE.

,.;o,, ,ras somewhat less active last week.
,.Songh a large business was uonS on Moi niosc
transactions steadily dWlnqGl am at " stand 1t
tnc NOT he disguised that confidence rccc,Ncu q
m Were shock by the continued heaVN o u'lUT
sod and the excessive rates OF nloIea No nhitv
gwt, While no one doubts at present tlic hoi !
y n. Treasury Department 10 MAINTAIN unc
National currency at par with goa' r.oted
about tle n', nn,v ventures American investors
~ no alarm about the outcome put VA, s"n
Esb is not entertained by foreign no1 Gran Of
iann inar railway securities. The heavy ulalh ..
A n % conscouencc Of the silver PolcN cdhnoV
goiu ~ With satisfaction. Since the be;lnhlhE
ne ,ho month the Treasury mas los, ON mn,un
s462Sl73, but the loss OF ac' ncari To 900
t,oFhocn taken from the Treasury on pfcsr,it2,l
nS' oortiGcatrs The amount Of gold 10Y HG !"
excess Of the 00,o0O,0Oo reSef Ne Sill seyaral
& jDcn the resumption Of specie payments a"n
=. Ne last few weeks it would have tai?n To
lover point had it not been Ter i ow Of currency
ac.,a aIor las fairly set in. and the treasury
LOVE- 81 g~i1 can hardly be- repcnished much
longer in this way. .,o s,,or, nirch in
nv iornonstrate once more the necessity 81
mO mronnt repeal by Congress OF the Sherhdn
go law A Democratic Senator last c W'nk
;nnn,rodured a resolution authorizing tle Foi
lhuouutS'tt hn Treasury 10 suspend purchases OF
nror million under the law at ms "l'c,eI.on ION,
,onch better course would be the cahctIIatloi.
Tho law but means ny WIN ''IN ~
OF tIu nnrcLases shall I've brought to an eno
viu he cordially welcomed III lll9hcIai; ~ S.io,
Senator McrhersOns plan eNcl''t e".1o ..',
because it was ropular1y s Cp,ii Under
W. c a."n,ntion act of 1919 the Secretary OIL the
Trcasnry undoubtedly has me power 10 S,c
bonds for the purpose OF maillninHnE Ell hoe
.nnts To he effective the gold Tor when ~ ~
In1s wonld be issued would have to come ION
Tmrnne although small amounts rnl-nt ,p Wv
tanned from savings nan.S nnf ~ its ',nwiIinc-
- 20 rc1uce lis own stock of gold, ana even II
!, did invest in Governments ther' Gou'u ~
assurance that the bonds wouid NJ. ~ o,. =
ON Tho very next disturbance IN eNeey WAY ~
WI ny eeo,o 20 bc preferable that the SILVER law
W 800 should be cxpunged from the statute
books. p..,i,,, ,,.o, h1- all ODDS tho
lhlS a.irp sfock last week Although reckoned
az mi stock the transactions in II We're s SUI
what less than in Distilling ana aI,r r., ~
The activity in Reading was duH to huIioi ,1 W.
nonses Of which the most prominent WIS '"'
,royalent doubt in regard 70 the cash paNinenI VI
interest on the income bonds Of TIE COMPANY
Vo,iors rnInors were set in motion. bnt t' con-
n,r.ion atnarently reached in Wal Street was at
,ln interest on the third incomes would pt p1,l J.
in scrip /, WAS not believed generally lna' u,,
company had funds in l3hN Wild w.,'V Of new p
issrc Of bonds for the purpose OF raising w
necessary amount were not omitted Heaulng su.-
fIcd loss Of 10 per cent ana IN Spl.t NJ
moderate short interest in II, rallied reiucIal'N
The industrial shares were affected naturaiy ~
the monetary stringency, and continued dlsrrlmha-
To, nv lenders Dstillng fell over per cent
and ms anal loss was about 3 IL per cent, while
Chicago Gas ended with Il decline of per CEN;
The general railway list was relatively strIhg, 4uu
many monument issues recorded small gains.
Rock Island was conspicuous by its strength, clos
lug about per cent higher than a week ag3}'
Among the specaieS Manhattan Railway au-
vanced on persistent buying. and it ended az l'S
top price with final advance Of o II per ceh''
Following is orr usual table, giving the nnmnei
of shares sold of all stocks, the highest lowest
ard the final prices OF the week, together with the
final prices of a Wee. preiiNed by the average
prices OF December =, J Ol
L,