New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-06-03
II 90 cos .s,.92i 80 s5.3sj 40 Inc. SAC, sc
on THE STOCK EXCHANGE.

The week the Stock Exchange. for business
purposes. was badly broken up by holidays here
and abroad but prices held together better than
many persons wished or expected The early
reports of the crop prospects were discourag'ng.
but the extravagance Of language employed
robbed the messages os much effect Later. after
the rains Of Decoration Day and the night pre-
vious the reports assumed different character
The truth appears to be that the winter wheat
is somewhat damaged but not much; that spring
wheat has not suffered and that where corn has
been hurt IL can be repanted. If nothing hap
pens between now and fall. the crops will doubt
less be abundant. While London did not sell
much in this market. neither did she buy. Lack
of interest and caution until the truth about the
crops Is established marked the foreign attl-
tudc. The continued sale Of American securities
abroad. however. was encouraging. The Lon
don Times has printed an article saying that
no matter how our politicians jugglc with words
and phrases. the sold standard is likely to be
maintained in this country. Talk of that kind
from The Times" goes far toward counterac'-
ing the snappish remarks Of a 10. Of minor
journals about the danger ~ American invost-
ments Yet in a measure the course OF railway
management and railway wrecklng In this coun-
try gives a color Of truth 10 hostile criticism.
and il Just punishment upon us for allowing
such crimes ~ be perpctraied without bringing
any OF the well-knOwn criminals 10 Justi'"
The British Chancellor II the Excheqn"r has an
nounccd that the present Government VIII never
favor any change in the established nonetar!
system of the Empire.
On Monday the market developed considerabe
strength. and business was pretty well dstfib-
uted. \ reaction in wheat In the afternoon gave
the Changers prominence. The crop news was
not particularly dolcful this day. hut On TUES
day the manufacturers thereof had the matter
well in hand and even when the weather iu-
reau predicted rain In the West the official fore
caster obliginely added that the showers prop
ably would skip the wheat belt. 80 the mar
ket closed down. and was heavy. All the oper-
ators big and little. seemed 10 be working Tor
a decline The agreement Of the coal sales agents
to restrict anthracite production 10 the May bas7
had no effect upon the general market. ana htt'"
upon the properties especially interested on
"Wednesday the crop news was conflicting. shorts
rushed - cover their contracts. ana me marx,
was better Pacific Mail gave ont go"d annual
report and announced the loss 81 another steam
shin Thursday was a holiday. fndaN was
dav Of heat and dunesS. The market s'i'""'
strength but the close was irregular crop r.
rorts intended to b. favorable. rather pN''H'"
II bv announcing rains to the depth o' 'hTe"
Ave inches" Thrce-tenths 10 nvc-trnths WOMB
have been better but the motive was cIrflF
Good ON SATURDAY. the market assumed a MS
tinctly holiday character. and was heavy Nat
ura1lv the international specialti"s ana Inc
CHANGERS were most affected by the condi'ons "i
the week The following table shows now t"e
active stocks nuctuatcd: