New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-09-24

the second week In September. or the nuinDe'
twenty-five companies return gains Of s2245t',-
or Ill per cent. and twenty one companies losses
of S53,577. or 81 per cent. The total NUMBER
shows gain Of s22?,00 or 80 per cent. IL mas
panies for the first week in September The total
number shows a gain Of At,s1S. or GA per cent.
Mssk in eg s ~. So s 1ne sgsa III
81 companies 4o0toc' f.'liasS Dec. 4as'''' ~
Total 4e cos seesie.4 So 75e.ai4 Dec. s22o.oio 80
O. emp %GS IN 7,s Inc sasso.s a
&c companios.... 400 73l 3G71iSi Dec 2'r''2' -
Total 80 cos. $3.50 io9 81 ooi.ai: Inc s#si3 "a
THE WEEK IN WALL STREET.
Until the declaration of the dividend of Rock
Island. on Friday, speculative interest on the
Stock Exchange centred on the Industrials ana
of these Sugar Refining. Chicago Gas and DIS
filling and Cattle Feeding were the prominent
ones sugar opened Monday al lc2 eX-dvl-
dend. and broke to 91ls. On that day 1t LOST
points net. Or Tuesday again 1t was irrcsu-
lar and broke another point and quarter On
cdncsday il sold at 95is. but On THURSDAY II
was somewhat stronger and less active. On
Friday it once moro lost its Improvement ol
Tuesday declining II. Yesterday nttic was
done in it. and II closed at 36i4. No one az
tempts to explain the fluctuations in TINS STOCK
quotations being entirely controlled by insiders
The supposition is that they unloaded at the re-
cent top figures. and were quite willing 10 see
the prices decline in order that they might
again secure a speculative holding. The street
came to the conclusion on Thursday that amer
the decline Of nearly 20 points from recent hlSn-
est quotations tho insiders had begun to pur-
chase the stock and small traders therefore
were again buyers. The weakness on Friday,
accordingly was disappointing to the little ones:
Chicago Gas marked lower and lower ilsurcs an
the week Rumor of some inportan; develop,
ments in the bear interest prevailed wlueF' ana
nearly every one went short. anticipating some
calamity. The selling was particularly good on
"Wednesday. and II the close OF business me
expected news was announced. 1t consisted ot
an appiica; zion in the Chicago courts. by holder
of the share of stock in Philadelphia. for re-
ceiverships for the individual companies IN t,e
Gas combination. The game, If not speculative.
was So Old trick that the street was not de-
ceivcd by it, as was shown al the opening on
Thursday. when the shorts nearly tun'olod over
standing contracts. The quotations OF Yesief-
CAY were still up and the closing price WaS =.
Distilling and Ca,'lc Feeding was also weak.
and made It's lowest record 90 on Tuesday. II
wohblcd particularly on Monday losing 81,
points and that decline caught number of stop
orders. which helped tie downward movement.
lie weakness was undoubtedly due al that tim
to an early knowledge 81 Mr.. Morriss intended
resignation. Later The stock recovered sonewAct
rs q resul; Of prcit-iah'ng en- the SNORT siue p'e
it wa. at no time strong. ID" nlficultlc" 80
tho comnany seem to be increasing diiN. al
confidence in the present management having
disappeared. The stock closed YESTERDAY ~
l1is The other Industr1ls We're Duct West
crn Union and General Electric. United Stal"S
Cordage National Lead and American Tobacco
were traded in Only 10 a slight extent ana wer'
not prominent orr tables show thelr re'1r.s,
The Granger stocks were pretty firm nntll
Erilo,- yhqn Al announcements of a reduced
di,i6nnd in Rock Island caused selling. some Of
which was long stock but m 81 Of which Was
put ont bv the bears. The other Changers went
Gown in sympathy and under concerted at
tack by bear traders. There was Very itu'
news during the week concerning runway pi 'p''-
ties on Monday an outline, necessarily inpnT-
feet Of the Reading reorganization was pun
Ushsl: the chances Of Its successful adoption.
from Wall Street point Of view. may ne Junged
hy the weakness Of the stock. II recovered some
what later in the week. bUt there was no press
ing demand for the stock. l. ndon player shail
part in the weeks speculation. but IL perhaps
bought few shares more than it sold The
dulness OF foreign exchange was somewhat uis-
appointing, inasmurh as the season was APP
prOa ching when the rates should u" upon 4
gold-importlng basis. This s explained. possibly
bv the abundance Of currency at this centre
| The money market showed NJ marked Improve
ment. Indeed. trading on the exchange" except
in few specialties. by no means active.
part with them at prevailing prices. Inc ran
way bond market dull. > I nrm, ana som"
| Ok the best issues made sr. bu; Appr''ihb'e
J gains-all of which have been duly noted.
on the whole the trade situation was sali 10
he encouraging II illustrated by the de-
mand for merchandise for consumption whlch
was large. Another prominent feature OF the
week was the auction sale % silk on Wednos-
day and Thursday. Buyers from widely sepAr-
| ated centres present, ana the prices were
| said to be satisfactory.
! Following is the usual table giving IN" mum
| Der Of shares sold o; all stocks the highest
| lowest and final prices If the week together
| with the final prices OF week ago preilAei ny
the average price II September %. 1898:
! THE WEEKLY RANGE.
RAILWAY STOCKS