New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-03-20

plus earnings were S201 ,0l9, so that in the last
six months from July to December /. tho sur
plus earnings were greater than those for the
previous fiscal year.
The Tribune has printed the gross earnings Of
eighteen railroad companies for the second week
in March OF this number sixteen companies re-
turn gains Sl633l2. or 10 per cent, aud two
companies losses of S25,l@5. or ~ per cent The
| whole number gives an increase of Sl3S,l1'. or
SIS per cent over the same week last year. he
gross earnings OF siXtynine companies for the FIRST
week in March also given, the whole number
showing an increase OF S30S,l11, or 46 per cent.
Second week in Mach Mars ,sos n,r pc
s companies: So 9s 'ssss Dec Dec s s
is COMPANIES $; g, 500 s','9s'O'o Inc sissl77 So
81 ;s=Sa:: .s:$sss Dec Dec is 81
So comrnni.. s07lo.778 s7O54 $50 Inc. 1908 III 4o
THE WEEK AT THE STOCK EXCHANGE.
| Speculation in stocks last week was controlled
| by the stringcncy in rates for money Prices de
clined readily until fresh supplies OF money were
attracted by the high rates, and then prices OF
| stocks and railway securities advanced with al
most equal aacrity. Shipments Of goa 10
Europe were postponed and the outflow OF t eur
| rcncv 10 country points was checked In Iac',
| receipts of currency from the interior virtually
offset the shipments. Az money became easier
toward the end of the week. rumors that gold on
ports would be resumed were supported ny sharp
advance in the price of foreign exchange, ana II
was not much satisfaction to know that the hrst
shipments womb be small and merely sns con-
ward was made probable by the report by The Blu
reau OF Statistics Of The exports in February OF
the principal products Of the country; Inc !cta'
| value of these exports in the month was S4o,-
es2,776. decrease Of over $500 coo ron tnc
| preceding month, and decrease OF S?3,5oo.Goo
from the corresponding month year ago: t tpn
the eight months Of the present fiscal year inc
exports Of hreadstuYs were Sl3l 3095, against
sci o, Os7,47O in the same period in is92. ana 'ne
sIos of TS0n I v iron 81 the EXPORTS
was $4o5, s37 $50 in the eight months ended on
February 2s, against S7Ao,9l7, 1875 in the same
period in the Precedpg year IN auu;n sp
| il is known That the import, have been steadily
increasing. although those az this port Tor tne
| January 1, however. the imports at Hew-lork
have exceeded those in the same period last year
| by over $22. 900. In this condition OF our
| foreign commerce il wond not be surprising II
there should be an extensive export movement l' OF
| gold in the next few months. Fortunately Euro
| pcan confidence shows signs or revival ana III VI"
last wccl, the purchases for foreign account cS-
necally of railway bonds were larger than Tor
Several weeks Faith in tic ability OF the GOV
eminent to maintain the parity oi gold ana slVSr
ties that it will reduce tbc amount Of goa WHICH
would naturally be shipped in settlement Of trad"
! ba lances II is significant that the rise III we
ra,os for foreign exchange toward the close OF the
week was caused entirely by mercantile dei'Hhu'
When the rates for money were strheeh,. Ihcr-
chants were compelled 10 delay tnclr r'ihl'''"cS'
| hut with easier rates for money they were eager
! At once 10 reduce their foreign Indebtedness IN
connection with the state OF foreign commerce
and the probable exports Of gold; the reply III
| Parliament By the Chancellor Of the British EN,
| cheouer to an inquiry about further session OF
the Was n,ed frankly that the Ens.
Government would instruct lts de"ga'cs 10 up
noso any measures in the direction OF bi-lnetaisn'
! A. +hc recent session Of the conference at liris
sells the British delegates were less explicit III
| stating the policy Of the Government
The week WAS not without interesting features.
| The roceivers Of the Philadelphia ard Reading
| Pail q statement
condition of the company. The statcrncn, CO.. CO..
frued fully end IN every r~spc pee, ,nn
The balance Of the floating debt WAS aplmrchtN
not large and for that rcaso" III" statement wa,
LITTLE examination 70 discover that the actual
floating debt was much largcr than INC r.
ccivers admitted. The bulk of thc Offsets con-
sisted either Of coal on hand which had NOT n"'n
marketed or OF accounts for coal sold on time.
In addition 10 these. there was al a larg" item
for material and snppllSs on hant; wmoct "r"'
mvcr rrovcd the truth of the charge that the
resource. OF the COMPANY had len used IN sp.rm ,
YORK and New-England railroad stocks Their" .
every reaeor therefore, for the appointment OF
committees in behalf Of holders OF III" e''~r.l
mortgage and the preference income bohds. Oh,
nromnt and effective steps for tho removal 81
President Mel cod from tho oic" OF receiyGr dn =.
,s,,nination TO opposc any action OF this kni
Another interesting incident was the o'hcia'
ital Of tho Ncw-yorl. Central and Hudson Rlyr1
Rail,oad Company Tie increase is 10 hc Expended
in the Improvement Of the property: ana ho' u,
acnnisition OF thr N.w-York AMI Northern Rnii-
road At tl.c same time tho nnronnccn"a' WI" WI
n great surprise to Wall Strce,. nn J., W. rrinc
Lived immediately by sharp decline III ''e pr''
of the stock. Co., .or;..;ors ,vnrc
not imnnrtant Surar Refining stock was anrc.c"
,u' ,hoP hoh rates for money and tho discrmlna-
ton cyrrciscl in regard 10 loans. but after la'i-
inc TO % - it rallied quickly 10 To '| nui M" re-
na . landed 20 strcngthcn other industrial stocks,
and Dstilling and Cattle Feeding advanced per- per;
sstsny Inf pTs % the deveopmcnt in
FAIRS Of Reading, and by the official reduction
IN Tho schedule prices in coal II was lear"u;
evidently that hs eS might f1' be thrown
o om the market for the purpose OF relieving thc
embarrassment of that company lacKawa an !!
voc not specially active, but IL suffered nnai
WAS IOss ~ nP' nearly per cent stock which was
consricuons by it's strength was Northern Pacllc
on the report ,as Of si h" ca'na debt
pr th" comnany. II was one Of the conditions
Of thi. plan that there should be some chan a
chairman OF the Board Of Directors, nothing has
vet been done toward a formal adoption OF !hc
plan. but apparently the stock advanced on ;mc
here nrobabity In this and several other active
tocts The bnying seemed 10 be principally for the
short account. The closing was extremely con-
fidcnt, and in most instances the early losses were
Following is our usual table. giving the number
OF shares sold of all stocks the highest ,9wc n
.nd tho final prices OF the week, together wlth the
final nricns of week ago, prelXed BY the average
prices OF March 10. 1892;
THE GENERAL LIST.
ACTUAL SALES
Miis Il, high Low; final .M %%;h share.
FEE: s u: e. 81: e. ~ SSS$$ss
$ $$s; D Fs,f:....s :: "A e e 's $s