New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-07-14


The Clearing House statement for the day was
as follows: Exchanges. 800. 256, 462; balances. S.
002. SOC. For the week: Exchanges. $5S2,s05.SS7;
balances. S41. 7sS.543.
houses Of the United States for the week ending
to-day have been 81 O67 sss 543 against $147 1885,.
S95 last week and 54,243,24s the corresponding
week last year.
ON THE STOCK EXCHANGE.
The small shipment of gold to-day did not
have any material effect upon sentiment in Wall
Street, and the bears the Stock Exchange
had little success In using II as an argument FOR
lower prices. Some criticism was made OF the
syndicate for allowing the gold to go out. but
such remarks did not come from conservative
men. and they only tended to show that In the
minds Of a very few people there remain doubts
of the syndicate's faith, pledged to the Gov
eminent to protect the gold reserve While
there Is plenty OF room to criticise features OF
the bargain made between the Government and
the bond syndicate. there certainly has been no
ground to belittle the syndcate's operations In
its effort to use its influence to prevent exports
of gold. II bullion house. like that which made
the exchange offered by the syndicate and II 1t
Is bound to ship gold. syndicate or no syndicate.
there certainly Is no power which the syndicate
can exert to prevent It. Moreover. to-days ship
ment in no way affects the present actual gold
holdings OF the Treasury. and 1t was made. 80
the shipping firm says. mostly from Its own
stock OF gold. and was sent to Europe because
the foreign branch OF the house needed It in Its
business transactions This is not the first ex-
port of the precious metal since the contract
between the syndicate and the Government was
made for something over 81 000,0 900 has been
ported in that time on outside transactiops ana
the greatest Significance attached to the present
shipment Is that It was MADE punnc S 9 c,Ss lose
port which are reported from week to week, the
amount Of gold which leaves the country can be
learned and by inquiry at ofIiciai sources the
Withdrawals Of gold from the Treasury for COM
mercial and mercantile operations Will De FOUND
to amount to a sum which. II heralded abroad.
might make the timd and pessmIsuc believe
that raid was being made upon the gold coin
and bullion which make up the colo reserve OF
the Government Foreign banking houses ex-
pressed the opinion to-day that they naa no IN
tention Of exporting gold next week. despite the
prevailing high rates OF exchange. ana they
believe that the syndicate will continue to draw
bills against its credit In London Before any
extended outward movement Of gold can take
place security and commercial bills WILL ID De-
iieved, appear In the market In SUFFICIENT sup
ply to ease the rates at which business Is now
conducted
II the bear element on the Stock Exchange
had known about Thursday that gold ship
ment was to be made to-day. II would possibly
have placed the amount at $5000,ooo. and then
prices might have fallen of. As II was. the gen
erai market did not respond to the gold ship.
rnent news as the professional spectators had
hoped. and they we're forced to renew the at
tack upon the Industrials Sugar Refining lost
IN per cent. Chicago Gas II per cent and United
eral railway list was dull and prices were slight
Iy easier The active stocks which closed higher
were Lake Erie and Western, Long Island Trac-
ton United States Leather common and West
ern Union Trading to-day was purely profess
sional transactions were not large and fiuctua-
lions were confined to within narrow limits. The
quotations OF the principal active stocks for the
week show the result OF the raid by the oper-
ators for a decline. but with the exception OF
the Industrials and New-England losses were
only fractional.
BONDS AND MONEY.
There were no salej OF Government BONDS.
Quotations remained unchanged ~ follows: