New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-09-03

short sterling bills respectively. Compared with
prices current week ago. the rate Tor demand
bills remain unchanged and for long bills IL only
Il per cent lower
RAILROAD EARNINGS.
The Tribune has printed the gross earnings or
siXty-one railroad companies or systems Tor the
third week in August OF the number osd 1n'r ny
per cent. and twenty-three companies losses OF
S170,903. or II per cent. The total number shows
a gain of $272, 1885. or AZ per cent
lS sS go 81 9.s o,7 I PE s,s sss p io g
q SSmnanIss ics scssscc Dec 1866 Il
Total CT cos .so5l3s72 Sc 7sc2 o7 Inc. sa5 AZ
THE WEEK IN WALL STREET.
Transactions at the Stock Exchange last week
were light and the business was not well divided
The dealings were not large as in either OF the
two preceding weeks. and they were hardly more NOR,
than the previous small average. OF the total
business three stocks of which only one was
railroad stock. furnished fully one-half 1t IS
difficult to perceive signs Of broadening specu-
lation The Tariff bill went into effect on
Tuesday morning and II was popularity supposed
that when uncertainty about the tariit was re-
lieved speculation would instantly reNNc'
Europe especially was supposed at once to en-
tertan renewed confidence In American secuti-
ties. 1t is true that on one or two days In me
last week there was considerable puyine' az
parently for European account. III was SUM-
Gent moderately to affect rates of exchange Dut
1t was not at all certain hat the buying was not
wholly speculative. The occurrence OF the ior.-
change which resulted indeed In the failure OF
one bear operator. may have caused the pulk
of the buying. At any rate on other DAYS me, Ine
selling was nearly as pronounced. and at all times
Amsterdam sold about as much az Lohuo.
bought At home there were no indications OF
a reawakened demand for securities IneGe
vas moro or less talk about revival or conli-
dence and x was suggested on all sloes 'ha'
sentiment controlled he market: On nany "e
casions sentiment Is undoubtedly an linpor,a' ~
factor but in every case Ii must be general, il
NOT nearly universal 1t must. moreover. be the
genuine article. Otherwise sentiment inlsh ~. pc
chilled by a little outpourng OF long stock. in.s
has not been the case in the last week, because
advances in number Of instances nave oeeh
directly opposed to existing condi,lohs anu az.
lacks by the bear faction have failed OF suco an
because they brought out no increase Oh avail
- nar,,ncates One Of the most conspicuous
features of the trading has been the evident re-
luctance Of security holders 10 market thei'
stocks and bonds ,.. ,
With nearly week Of the new Tariff law
financial conditions do not seem ma,eilaI! -
have changed. somewhat larger ulS.l,o e0sod
~ goods has been begun. but this was rendered
necessary by exhausted stocks all over the cnuh-
trv I. Is in fact. only a deferred business Iipw
long tho activity will be continued IS question
ht,h :, ,s in,nossihle 10 answer. After the long
nerIod of depression buyers Will not DE IN mast
TO fiji I'D their stocks of goods bc!ohu 'ie'' III.
mediate needs After the vacuum vacuum, nand,,Ior
filled business will return TO It's normal conoiuVn
and whether then it will be large ana prohtanIe
remains 10 be In direct consequence oil VI.
new Tariff law Government receipts IN the iaH'
\
coed expenditures by about SS.'3oooo' ne WI
natural receipts from internal revenue. however
have been brought to an end while thr 'a'
receipts from customs have not fully oisel m
falling off In spite Of the heavy receipts 'he
net cash In Treasury vaults ana GoVerhni,eIi1
repositories increased In the week less tnan
90 500 900 What IS Of more consequence II NAV
The gold balance was enlarged by less than ''Vo-
o0O and the stock Of the metal Itself was III
creased only by s3l7.ls7 The money tha' ~
going into the Treasury in payment Of nuucs ~
almost exclusively paper currency. Moreover
the Treasury Department. b. new ruling mas
| cut or another source Of gold supply. ne r.
/ nlenishment which has usually occurred In the
! fan through shipments 81 currency 10 the IN
terror for the movement OF the crops VIII now
cease The New-YOrk oinks can retain 'h'lf sO'u
| and a, the came time accommodate tneir Cunt!
| customers Under tho new circular or inc iTehS
urv Department the stock Of gold VIII not -" IN
crca sed while the supply OF paper VIII pc
| swollen still II is entirely uncertain
whether the present head OF the Depa, ''er y, 10
| alarming new issue Of bonds. or Is depehu',E
| bndly on importation Of god from Europ'. an
! the last-named contingency his hopes may no' ~
| fulfilled for there no indications OF ldIf' IN
ports Of specie and IL would he unnatural /" *
! meet them until Europe "enews on a large scare
| purchases Of American securities.
Following Is the usual table giving me num-
her Of shares gold OF all stocks, the highest low
es, and final prices OF the week. together win
tho final prices OF a week ago pr'fXed by the
! average price Of September .. 1893:
THE WEEKLY RANGE.