New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-10-15
7
THE WEEK IN WALL STREET.

THE WEEK IN WALL STREET.
Incidents Of interest on the stock Exchange
were the movements in American Sugar Re-
fning and the annual report of Western Union.
hut there was also much talk about the posi-
b.litY Of gold exports To- Germany and The Coy
eminent crop rc port. Tho showing of crop state
mont was. of course not 81 good in respect To-
corn ~ year ago. the total bushels being cSu-
mated at 100000 against L619,0o)Goo in
1898: but this was better result tnan was indi-
Gated by the report of September Moreover
the decrease in the corn crop WAS practically
offset by the prospective yield in wheat, cotton
and oats. There will be a plenty Of freight for
the railways t. move. speaking generally,
although some important Western roads will
suffer from the shortage in corn. l. should be-
added that the Governments estimates are lower
than estimates Of wcll-nformed private indi-
vduals and that private estimates have oftencr
than not proved more nearly correct than Oifi-
cial nformations. II the crop report had in any
degree "A stimulating effect upon the market. this
offset 10y the possibility of good exports.
But the margin Of profit in such a transaction
slightly. and the unpopular movement was de-
ferred at best for the time Still the rates are as
near the exporting point and the market IS s.
narrow that it is difficult L. say what may
happen in the near future.
When one reviews the actual business done
on the Exchange. IL * seen 10 lie small. Amer
can sugar Refining maintained It's leadership
among the active stocks u closed VICE" AK
at 81, and Yesterday az S3@s Its highcs. price
was Sc; IT'S lowest Soi4. Within these limits. ~
points which are narrow lines for it, sugar
moved during the entire week l. e. s'.ll wholly
i'm the hands II manipuators. ana j. j. mere
guessing 10 say that they have or nav" not
pushed II yet To- the lowest point a. which they
wish to have r. There was ~ news 90 the
property. unless the trouble in the Western
Wholesale Grocers' Association and the cousc-
quent disturhAnc" OF the sugar market be con
sier-d such
Chi,ago Gas hai Of days in activity. It closed
on Monday night. cX-diviiend. at 1874. and ycsor-
day noon at ,3's having at one tim" risen =
75is and AZ an sinking t. 80. The corporation
is said practically 90 be- having It's own way In
Chicago against its rivals. D.stiliing and Cate
Feeding was weak IN reports 4 futile efforts 10
market bonds. Western Union. which was a.
s9i4 a we@k ago. closed at IS. yesterday. thus
showing the effect Of the yearly statement. tho
bad figures % which, however, are partly offset
by the earnings since June 80. There was more
activity than usual y late IN United states
Coriase. \ large block ~ stock rii''n "N 'ar
market brok" tho price 10 10 on Thuis lay. ana
again On Friday. but subscqucnty u rose % III.
The preferred stock gained points. For come
mon the final quotation yesterday was rs as
against l27s week az. Bay State Gas fell
steadily and sank 10 a d!scourdging figure from
The point OF View II mo Il 'SiDn spec ua'oTs. VINO
wanted 90 unload their holdings on the New
York market on OctoDer ii ci's"d a. Boston
Al 3ll. but during the week 10 went down here
sharply and closed at 23is. having al one time
TIL Changers were inactive and weak in the
carly days and showed declining tendency. but
while dull they exhibited marked strength ana
drmness subsequently,. yet they closed IA" week
fractionaily lower. Rock Island stood last sal
urday at noon at 60h- yesterday at J9"4. K"ld-
tive quotations Of other c'TangeTs are. burning
ton. 74as 1913, and st. Paul 61's. 6l@-. OF IN"
general list. which was inactive, and often
weak Reading Pacific Mail. Louisville ana
Nashville. Texas ana pacifi Ncw-YOrk and New
England and Toledo Ann Arbor and North
Michigan. attracted some attention. Their
changes were fractional ana irregular. Ref
erence is made in respect To- them 10 our table
showing the weekly range Of quotations. Sales
Of the week amounted 10 s463i9 shares.
In the railway bond market there was only
slight activity. with some irrt gularity. There
= Der
cent securities. The par value Of the sales for
the week was g. 152 900 Southern state bonds
h. We been taken in rather larger quantities tean
usual
Following is the usual table giving The mum
her Of shares sold OF all stocks. the highest low
est and final prices Of the week. together with
the final prices Of a week ago preiiXcd by IN"
average price Of October Il. 1893: