New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-05-20


Reactions brought about for profit taking were
the primo pal features in stock speculation last
week, and they were no. unexpected IN We" "i
the advances in the previous week. Th"Te WAS
a falling off in the heavy foreign buying move,
mcnt from the week before. and the eAasFerhted
reports Of damage by the cold wave to me crops
were IN great part responsible Tor the N,'l-
draNal Of the European support IN the mlI f,'
SUCH reports about the crops and the i'r"lsh
selling gave a setback to Prices IN IN" hfSt H"NS'
bat on Thursday there was renewed 'uN"E
activity by aFbiirage houses ana lhe rt,,
racnt that Europe had taken blocks ~ American
railway securities caused an upward hl'N''"'n',
which. however. was Offset again at th' ''"se D.,
further profit taking sales. In the OPINION {"
those best calculated II Judge the p'tS,n. St"
aiion there Is nothing 10 lead To ih' D"l'i Nv
the market will not continue toward nl7",'
level. and there certainly j. eN"'E."i,nH 49, r,
favor II RAPIDLY expanding trade coN'l- MS ~
10 he favorable factors I'm speculation. 1hr cor
di,ion 90 the crop situation ana the pl'7P' 49,
good hnl vest are at pi, ,"' 80, nav. ~
nlrtart factors IN fhe market ana IN" N''' W
stormy and cold weather "a the last W''h W.,
taken advantage az Us me n'H' , -,
used with good results, bu, we po,,.,,, hss
fr.m the crop seciUns are NAV inc '"sl' ~ "
h.eu small and viii have no maicilhl e"' "','
This years harvest There were il. ",,"" ,.,
verse conditions In the trhcI' S',"" ,sthi f'r
week. or legitimate conditions rep ,"S'"" ,.
declines IN stocks ana IA" losses Hail'i'n
,h rDsu,, ~ speculative manipulation ana INC
natural desire Of traders 10 t'N' ""'
m. advances made ia "a" previous W',N ,,,t.,
A. far as the general financial ana 'h'uh',
situation 81 the country ~ lhIt' " t' ,',,',.r'
| ia interesting - note the "ncour'Rlhs I'N.'F
49, -, ,hr ,nat week The restoration o' whk'
T., ,,,uv manufacturing dinric'H shown i'.
rrnofn are COMPARING f'N"iAiN WIZ 't,,
prosperous scpsons. me lnit' l,' '"...,...,.,,
/ ,lonrlngs In cviIcncf Il sen'l" ,'',' t
orI Tho continued prfcontag" of gam ia ~,
earnings reflects the restoration 81 i,,
! f., commercial and Industrial 'ircl's - VIZ ~
ycok hank clcarlngs increased over "a ", '
,,l The railroads reporting earnings I'i Nv,
o,d week Iu MAY moved an .h'T'ar' ~ 20
cent over the same week N',' a,,,rI,i.s vas
n1nnce abroad I'm our railway N''". ~ .",
hrruqht 20 notice again in the course 81 w ~
he thn taking IN London Of inc 4,V'' sn,' -.
| ,he u,issued treasury stock or me . i.,'
! rr,ral and Hudson River Railroad COMPANY;
| o,h MS with the announcement OF Su,''s.l ~
rnr,tiatlons II bona sales by 'hicnNp. ',., .,
/ .,r and Quincy and Chicago ara Nnr'llN'S ~
,, - 1,s;i,,, and immediate eheci uI'h W.
/ etDck values II these properties Wn'h tr "'
,,r,io,na,cd In by tn rest ~ me NJ 49,
/ aro now beginning 10 issue securities i'' -
a. .,, al iunrovemont which nave nee"
nd. NECESSARY by their long period OF ecoi'on,S
a., tho ororatons II the bono syn !ira'. -, , dl
.r,,s,,~,. t.old has about reached tn" >ioo'''oY'
+ , a,,1 ,,oror,e of the precious metal now on
81, ,'' ,,, ron, london will place The fgNrc- nioV-
! ~ r.carvc limit Unfortunately inc "NP."u'' "
- ,bo Government continue in rN''ss ~ Ia.
} o. ''r WY, - No close Of business on fiiday
A a,,f,,n, OF this excess was above $'ioo''V'
/ for the fiscal year u Ga'. -, ..,,,,, -, orr
! A., t,,oroetirg and encouraging icA'ul" "' w,
-. ~" s.nC,, ana bond traiirg has been IN" NI'r
/ -sroc covered and the demand lor .'W ,.,
/ end inactive securities. Inc h.'si.,1 ga , ia
ty,o weeks has been well u'st @ az.
,"p ,S1 tho nropcrtics which are unh"i.'''','
,'or,n,ization Such st1 cks as AtcllT H. - =,
ieo's"''t' D,stul,ne have been anusually iare' ~
I.le az, =, M caec of Reading II seem. h''l
.'..t ~ -, ,be,hnr Il has been purely specu'alV' ="
,te eerorts to change the control IN
Inc ~ ..i.,on, the anthracite coal 'l'lI'',.
/ 10 .,,,orti,,, have eInphaticay d"ni"c N
III. 80 lin the present movement IN 80
! ''''' 80. 10 ,rroars to bf some ith-"l '' -
M, r., rnrsey Central interests may Dc 0.n
.r.od Win T.. Tho present cohui',,,h -, :,
anthracite business Is most .llo,, - = coal
a 49, ahou, \ settlement by meahs %. .
bH'hs aDIu. 30, ~ fan from me present intcH-
49,, -, ,hoso whose interests are :" i"'t "a
u,'io Two general market Tor ram o"' g."
,oioneous stocks foI last "reh , -, ~,
,ror,ed nm "a unsteady ana lfIet"''., o.. a'.,,,o
cbonpes about evenly clT'o'u ~ ~ a., ~ IN,
c .i Vew-York Central ard me ~ -. , t''
,,,, ,,ronertics solo up on the lhi ~, -,
y -. ~ Can.rsrs unissued treasury s''0n 80,
~ n,d obroad Great Northern plti,li 40,
peei az -, THURSDAY II points on ru,'Dr .''
crnat Northern interests won" C,'" aar,ayed
pacific Notwithstanding vp,o,1v and strong
$780, ,bo Granger shares were s'''"s ,',,, 1,,,,
crops the NJ tie regular quarterly uiNl,
''I ,o- cent hy Chicago l'"i ii'in ~ 81 ~,
O,,,ncv s,rerg,bcI el the cntrc group. !" Sca,,
ere cIosel the week with niue o"a nan, toy,
Pcadinc wh'ch lost ~ ~, ,ybccl,nu an
ana rdcInC' ra active during the week ~
,.o e,a,ement If Manhattan pnp''"n, ~,
maaL wse unfe vorabe. ana cduscu To- rt w.
; ,ock' ~ 9,L nor cent tor tpe "ech' oon
austria, shares were all acuVc' am coIrnl
orally higher. American 49, ,us t,ondlnc gained
- per cent, ,anr,San Tobacco gained pei
con. ara chicago Gas lost "a per ,'".. 49, ,,,os
1'ha f,,oung condensed table reflects we '"''
!, Interesting stock movements III NV