New-York tribune., 1895-02-18

bills. etc. rates seemed to be under control OF
sOmes one. The Morgan Belmont syndicate sold
exchange wnen quotations did not suit them. dis
closing thus one condition of the Administration
bargain. What the plan Of control is has not yet
been officially disclosed. 1t is in the nature prob
ably OF a speculative move. and might prove dan
gerous In weak nands. The Syndicate indicates
its willingness TO lose money to keep the control.
and says that is one reason why the price paid
for the bonds IL not too high. II we may judge
by what appears "a most dangerous thing) the
market Is to be allowed To remain just below the
gold exporting point. The Syndicate will GER
tainly be sparng Of its credit as possible.
Gold continues to go into the Treasury Some is
on its way from England and the local boards
are open The Sub-Treasury and other reposi-
tories had received up to last night $4,000 0O.0oo in
gold coin and bullion account of the Synd-
cate. AS the members of the Syndicate are on
their honor not to get gold 10 pay for their oohus
which. by their taking 1t. would even indirectly
affect the Treasurys present supply, some Oh
them have paid small premium varying from
Il to - Of ! per cent .or their supply. IL mas
therefore been said that gold is at premium
RAILROAD EARNINGS
The Tribune has printed the gross earnings OF
sixty-three railroad companies or systems io' '"e
fourth week in January. OF the hummer '"''N
nine companies returned gains OF S"41'Voi VI -
ner cent and twenty-four companies iosSeS !"
s9e3 OO4 or 55 per cent. The total nu'nn~r Elbows
n ooin q, SIS es7. or 9 per cent The gross earn
of SN'N''"
February printed in The Iripuhe' STOW gain
of i26 $50 or 46 per cent.
The Tribune has also printed the gross earn
ings OF ffty-eight companies or systems FOR the
first week in February 90 OF Dr. TINS nnnner .wey
thrty-fvo losses of 10.5 per cent. The whole
show losses of s3l2.642, or "a per cent
3 sqgn %s in so 5. lss' e P;ss %
"a companies. 75l,o72 l4ssses Dec 2G'ooi 90
Total cs cos s. 2,o.2ii ss.as92os Inc s7sss7 o'
companiss.. so III sS,ooG Inc. saesss AS
First Week in Ferruary-
Is Is companes 2oos4I S75s 4s2 Dec t42S4o 1oo
Total 5s cos s5, 3ioa4 s54i94oe Dec sai:ei2 "a
on THE STOCK EXCHANGE.
The Presidents arrangement with Messrs. Bel
mont and Morgan assured all reasonable men
that the Nations obligations would be properly
met. and the Stock Exchange has accordingly be-
come firmeI although showing but little improve
ment in prices. Attention now centres on the
foreign exchange branch Of the market. upon the
receipts Of gold at the Sub-Treasury and at the
designated repositories. The syndicate expresses
great confidence in its ability to control foreign
exchanges, but the plan has not been entirely
disclosed. Apparently the managers count upon
the proba biliiy that the recent gold export move
ment was very largely speculative and think that
they have enlisted now the chief Spectators upon
the other side 1t is no small factor in the PROB
lem moreover that the Rothschild houses wish
to see the Belmont Morgan plan succeed Inc
profits of the people concerned In TINS scheHie are
not limited 10 the outcome Of the agreement with
the Government: they are all loaded up Ike
many other persons. with deprecated securities
and they hope they are contributing 10 sehd up
the prices of these things by helping the general
market II the syndicate succeeds. IL shOuld soon
be apparent that ii is to do So. and We cannot
see why, then. some improvement shouiu Io' '"Nc
place in the stock market
Movements in exchang. have not been Of great
interest At times dulness almost 10 the point
of stagnation prevailed and the trading was al
most wholly professional While the tendency
was downward in the speciaites declines at the
end OF the week were not large. IL ls Inc chaHee
of tone that ia encouraging. Most attention WAS
given to Chicago and Northwestern The stock
sold week before last al 91is ana witnln siA
months has been quoted at lOSi but cafeiui "a
animation Of its traffic reports s'aItcn u "u"n ,
last Saturday. Il touched Syi+ on fFday' but
closed the week at 90is. Most of N" sales were
by bears but doubtless gooi deal oi ihNeslneh'
stock thrown on the market 'thrr nirihoels
of the Granger group also Declined bn' hv' 80
much. ST. Paul has shown hrmness Indeed me
same may be said OF all the stocks In whlch thele
are International dealings until FRIDAY. owing 70
the somewhat bitter feeling abroad up 10 mat
time concerning our securities. The coal proper
ties were neglected. but Jersey Central, afteF De-
ing fairly steady for awhile. began TO weaken on
Friday. It's lowest point for the week was Sz't;
but at the close II quoted at MA. Aniluii
reports aside the complicated and congested an
,hracte coal situation would explain pretty wei
the movement Of Jersey Central Indeed. the Coal
situation is the weakest spot In the market me
trouble lies in the injustice whch must De done
To Reading In the matter OF production. lest the
others should suffer
The Industrlals had rather hard time. except
where MANIPULATION was active. sugar was down
10 S9Is on Thursday. but was moved ny again be
cause the insiders are confident that their men
IN Washington can be depended on 10 refrain
from legislation which would hurt the Trust
Sugar closed the week at 92%. There was some
weakness al times In Chicago Gas. but the new
management is at last I'm. Distilling ana 'attle
Feeding, which ought 10 do better III view ol the
real change in its management. was only fariY
firm Cordage does about badly az possible.
Tales Of the losses some people have made by
urchasing this stock when II was selling at COR
dnarily) bankrupt prices are amazing. General
Electric was strong at low quotations. The
American Tobacco lost materially during the
week without apparent reason. except that It's
managers seem ready TO adopt the thimble-rig-
gIng methods OF the Sugar crowd. National Lead
declined and was weak yesterday on the showing
Of IT'S annual report. The following table presents
the vagaries Of the more active stocks during the
week