New-York tribune., 1894-06-11

ffty-four railroad companies systems Tor the
fourth week in May. or the number eight COM
panies return gains of $S4532 4.6 per cent.
and fourty-six companies losses OF sl32Ol3a or
1871 per cent, The total number shows loss ol
$l,4SJ,6O2, or l6G per cent
Fourth week in May
.s :s#sss: sSS5s3 @ 5a3 e555s aa' Be: @ 8,
Total "a co.'s sss2o8c7 *7sla75 Dec. si.''5ao2 les
THE WEEK IN WALL STREET
Total transactions in stocks last week barely
exceeded j 600 600 shares OF this amount AintI--
can Sugar Refining furnished $4,000 shares'
Chicago Gas 1lS000 and st. Paul llO.Co'' OF III
round figures. about two-thlrds OF the shadr
business. Toward the end of the week SUE,
Refining declined under free realZauollS am
1t closed with loss Of 2'2 per cent. otntIW,SGe
the movement Of prices was upward athousm
fluctuations were frequent ana hnaI cidiiso i ,,.o
generally advances. 81. Paul, Wn'h ~"'
the only railroad stock at all active. closcu DE-
low its highest price. but still gained per , go,
The whole market displayed strength which
was as remarkable as II was inconsistent Will
apparent conditions. . 49,,
BY far the most important question ahcc.ils
the stock market IS the outward movement %
gold Exports last week were fuzzy as larse aS
at any time since the movement began nc
burden falls entirely upon the tederdi lI,as"'., lI.,
and the statements of the Treasury Dcpar"HeH'
and of the New York banks cOnclusiVeiY prove
that while the Treasury is gaining currenc! tne
city banks are gaining gold IL Is PoPu'aiiIS
supposed that as soon as tn. Iaril quesuoh
Is adjusted merchants Will Immediately prhs
In large supplies of merchandise III anticipation
of a revival of business. Inc Sippo9'.i"" "'"'
be correct Undoubtedly stocks OF goods every
where in the country have been recuced anu ana
purchases have been made on q hand-to-nouth
policy. Admitting that the imports VIII increase
RAPIDLY as soon as Congress takes action on the
Tariff it Is only fair to inquire what eHect theSe
imports will have upon the Soid movement IL
must be remembered that money in TINS country
is exceedingly cheap. and perhaps merchants
might prefer TO pay spot cash LOT tnelI soous'
In that event exports of god might n'coi'D
more extensive in simple consequence on i1e IN
nortations of merchandise. Moreover II Is pam
that Europe IS not buying american railway ~
curitics and possibly IT. has excellent reasons
for abstaining from either speculative or IN
yestlnent purchases II perceiNes more ci'd'i!
than Wall street that another issue Oi pohu'
must be made by this Government il IL pur
,,ce.s to maintain parity between the dntereilt
forn,s Of currency In his en]barT2ssnlent carry
in the year the Secretary OF the lIcASuH va.
forced 10 issue $50 900 00G Of ola !eshlohen PEI
cent bonds at a high premium. lie was TeSC"t"
from dshonor by the patriotism 81 t1e NtW
Vorl, hanks |. is not at all plain that the ~
rninistration will repeat the experiment. "r
.,rid rssarvn T., the Treasury has fallen to low
ncint while Government receipts continue 20 oe
far below ordinary expenditures Al 'hc sa'"e
time the Treasury Department announces III
se,ni-ofical way that the question OF Il tIesn r
bond issue has not even Deen Cplis1"'''V W, ,,,rr
tho Administration intend to risk NatloNaI hoHo
in order to secure legislation from CohgieS''
Authority ought at once to be given TO the S'Ciy
tarv Of the Treasury to issue . per cent "uII'
at par Congress neglects its duty anu "pPii,
entity the Administration intends 10 Cohpt'
action even at the risk Of suspcndihs boiu pay
ments ,,.,,,, tho num-
hnr Of shares sold of all stocks the msnesI LOW, IuM
as. and anal priccs Of the week. together WIN
tho final prices of a week ago. prehXed D! Inc
average prices of June 10 1ss5: