New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-12-17

five companies return gains Of $2@7.53s. or o.
per cent. and seventeen companies losses Of SIG -
S4l. or 81 per cent The total number shows
gain OF sSll95. Ct IL per cent
s. ' eom SeS sssf7s. sos -; $40 q
Il companies. 3O76s2j 2s04S' Dec. l'0,"4i o.
Total - co.'s. s6ss.5es s6o75724 Inc. ssl.i"5 IL
The Financial Chronicle computes the gross
earnings Of seventy-four railroads for the fourth
week of November at $9.l55.3ls. an increase OF
$2.2s6. 00e per cent. lA railroads Tor the
month Of November report A.51l'l6 decrease
OF S730l90. or LIS per cent: $50 raillol1s from
January to November 30 report Si36.l1s,2S'
decrease Of s52.S26.27s or 12.ll per cent.
on THE STOCK EXCHANGE.
The encouraging and the discouraging factors
Of the week just passed 50 far as they affected
the stock market. We're about evenly balanced in
number. To offset the passage Of the Patterson
Pooling bill by the House Of Representatives Is
the probability that the committee viii report 10
the House tomorrow Mr. Carlisle's revolutionary
measure t. change the banking and currency
laws so as to revive wildcat banking Yet we
feel hopeful that the pooling act will become
law. and promptly too, while the chances are
that the Carlisle scheme may be properly
amended. or put aside for good. at some point In
its course Public sentiment certainly approves
the former measure and disapproves the othe''
Some members OF the financial community esu-
mate the value OF the pooling act, " IL ever De-
comes law, al 10 points to every railway s'och
in the market. This IL too large. II VIII ps a
great help, undoubtedly; but law to a.iow
traffic pooling will not In itself supply the rail-
ways with freight: and It's sentimental enect may
easily be an exaggeration. Against higher rates
for money in the call branch Of the market ana
the regular dividends Manhattan. western
Union and Rock Island or u may be CON
sjdered as regular now for Rock lsland), there
were gold exports 10 the amount OF >oNv'oo
Yesterday and the lowering Of the Federal tpN-
ernment's gold reserve several millions he.oW tn'
one hundred million mark And over against the
slight improvement in the latest railway earn
!ngs must be placed the somewhat dIscoufaEli's
aspect of the affairs Of Erie and It's security
holders as regarded from the point NJ view OF
The reorganzers circular. which Is suggestive
If foreclosure or assessments. althOugh tnesr
disagreeable things are not actually mehuphtu
therein The bank statement Of yesterday pre-
scented no favorable features.
The market under such conditions was irfeeu-
lar. but locking the six days record or
prices II will be seen that such Stocks as are az
lowed To respond 10 legitimate business llilu-
enccs have generally shown strength Whcn
waolrees anpcared as on Friday. il was In great
mar, due To rea 'izng sales. Dcductne from ea,h
DAYS business on the Exchang" during me wee"
the number Of shares contributed by America
Sugar Refining. the movements Oh Whicn III ~
VA reflect legitimate business condltohs' U'
,,oI,,nne NJ trading on the full days shows slRht
increase as the week wore on; 1hus. Monpdy'
1902 on Tuesday. 1855. WEDNESDAY l"',4ov'
Thursday and Friday. ll6lOL Inc same Pio-
portion remains If the dealings III Sm ,. ,han
he eliminated The Changers were qnieter man ai
nreviously and the examination. therefore, lnui-
rates an increase Of activity In the genera Hs,'
which may. perhaps. stand for the puyins "l
long account by others IMAM tra".,S, WIZ mn tho
Admitted 10 be occurring now and then IN ue
whole while the market showed rev pusilNclE
encouraging features. IL was gencraIiy suunh
ard ready TO respond to favorable influences
Appended is a table SHOWING .nr H"r;ng tho
the most active STOCK" III t''' ''
iuat ended.