New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-09-19

three companies return gains of S44jOO6 or OIL
per cent. and four companies return losses aver
aging 50 per cent. Inc whoie hnmoer Ivy %
S505,5a0, or So per cent. 1t has printed aiso
the gross earnings of sixty-siX companies for the
second week Of ASsSs or me w pr cent? muo'
Tho following table dt,ides the aggregates
and differences of the companies, showing gains
and losses 1900 o, ,,,,,,.o. :, .
%sss !" s"rs 3s' s! be: +,
Total cos ss72i7o ssso'0ss Inc. 1888 81
s S ss9 D % ''s ss:s IS
ro,, GO co,s-7-I4s o5e ~ os9-O99 Inc Ssi5,o77 ss
TIE WEEK AT THE STOCK EXCHANGE.
Snecula.ion in stocks last week was active,
| fevershly irregular, and, in spite OF silg Ii
! rally near tho close. the market was materially
lower variety of causes LED TO aS beInye1
was the presence Of cholera in this olty. IN .ne
first part of the week the market was wcaNcn nnd
by fears in regard to the crops ana al."r" and
domestic trade, and toward the end OF lhc W., S;
by the practical dissolution OF the WcsUrh rnat
| Association through the withdrawal oil the ',I'ae
Vor,hnrn Railway which may prcceie q ni'ul
rate-war in the Pacific Northwest Inc NOttne[ III
Pacific Railroad can hardly remain a mrio I hoe o
an assocaton from which its greatest fIV'u Ia. aas
| retired While the activity and decline III h.ovM'
NAV have been largely due 10 III" cnoloi" h os
the previous condition OF the maIkeo W. 20 at
r;hn,o anv largc mart of the decline to the timid
and vacilating hear faction now in the m'ik"i i1,
Tho extent and progress of the recent hlnit,i-
t;on in railway securities are clearly revealed Dy
tho contraction in bank \loans IN thc Iast Nv
weeks The Clearing House banks reported; r "n
August ~ small aec tSs contraction has been
going on with accelerated force. In INC a., w We
ended on September s. the decrease was So33oIt, 80
IN Zoo the and aSt week to ssosooo In the
last three weeks, therefore, the contraction 800 IA
loans by the city banks las 9iSn becsuse the
dnmand for accommodation on merchanulee az
count must have been actually larger oS Pa aryn
of the ineerrnpon Of lore grodn"s which would
natmrallv have moved out Of the country rS ~
had not been for the arrival of ch9lera, mus
The burden of carrying this delayed mercnan, MS
INST faIl. Of course upon the banks ~ may nay
fnrlv be inferred that the li1udation az ,h u
Stock Exchange has been more sc'eio o''' ~
fine contraction III loans indicates. .to, h- tho
VIZ T,orrohorative evidence was furnished ny i'
novcmonts in the stock market ne o aoEonG
allies were lstloss and without spirit ln . Tup
NV Of stocks at the end of the ween nIarIW 70
tho short interest was nov nIentifnl. Only
I've na or two instances was there even an al'-
parent scarcity Still further proof t fnand TN IN
inuidation has been extensive may be louh d, ~
tbn fa"t that the investment stocks whose NV
dnnds are certain suffered heavy decline. a"V thn
coal stocks, for instance Rcadng dosa M lost
week less than lr9g PER efnv and Hudson
nor cent. Of the Vanderbilt stocks CIV "a
Central closed per cent ana tb n~ GRANGER shares
We're depressed but after sharp raliyi liz rina
%fsl l 81 maltipsa sesy NAV be called +eem.
70 have extended to investors as wen a. SUI
iators There is certain absorption OF SCI o,nr
s constantly mt ys, SSae by S the Ua selling for the
oncoInt At the lower prices there secinr hro ~
be nerease pubic neTe S if All the tram
I oct;ons for European account in the last WceH
could be balanced whether the sales "ou" n0'
Tar nonria, aairS in England at least appear TO
he approaching serious crisis, year ago d.
his time the return low Of gold 10 ms cou, .ad
in fgi pGGs oGS and nG as 1pach more
ro,r+od N be on it's way This year none hl1
Come back and because there was only ohe silen
Shipment il was argued that me ouI"oIu IN M t
his time the rates for foreign exchange were
81 sOf-3 and 81 IA The presnn' , ra have
Drayailcd az this season Of the year propapN Sihce
The Civil War. Whether further golG Will 20
out or not cannot be oonpoereu ce ao9d and in
tria may continue her purchases oil e9in au ana
saIt thc rates Of exchange between ifrhn am
London permit shipments 1n f Ens ~ nG' viii
sghtst chance that t drain 'ao OK it's STOCK Of the
prccious metal and 10 prevent It, 1t WI ioliow
It's traditional course of advgncine ~ vs., - ad
rate. IL should hot w ~ ~, Contemhnr "A
last year, and on October 20 from 70 p,i
cent As exports Of gold apparently were pre-,
wanted This week only by the sale OF !'ahksIs
Nils in consequence Of the high rates OF MONEY
here there is no certainty that an advance III .,r
Rank of England rate would not immediately ca"
Some writer's profess to derive great encourages
mont as n the financial situation ny tiie s,9'e
mcnt at the bIfycarly meeting OF the eorn mS o.
rang ,brongh that Institution had been reduced
20 c5 coo. 900 II seems 10 be FORGOTTEN tha'
while the liabilities Of the Earrings, at tue umc
~ their failure We're in round figures t"D1.S-
advanced to them only seven ana one-!aii ,f nj,
lions sterlirg Ono Of the conditions on . wnic.'
the guarantee fund was raised was that the "
curitfes should be marketed within three year, .
From he last report o. 1ne o snrHerdrd IN selling
two and one-half million pounds OF the Sou1 \,
American securities which the Bank accepted ~
xnud seem 10 be q difficult task for IL to DIS
nos, Of the remaining five millions before 'he
exnlratiOn Of the guarantee agreement =,
In view of the unfortunate Developments the
stock market maintained IA fairly Doid lioh..
The largest decline in the leading shares was Only
A ner cent in Northern Pacific preferred, ana the
usual decline, compared WIN %eek NO. maI
there was distinctly more hopeiui ana COM
dent feeling which, il is highly propape, VIII pc
come general soon as it Is pam mat 'ns
country is in great danger or suffering an
epidemic of cholera.
Following i, our usual table, giving the num-
Der of shares sold of all stocks the highest, low
est and final prices of the week, together WIN
thc final prices of week ago, prciXcd by the
average prices OF September 10. 1891
WEEKLY RANGE
Actual sales. Final. ro,.,
-- ScpJ Total
HIGH. Low Final.