New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-06-08
Total 80 cos SIS $50 600 Sc 73G. sGa Dec. s1i433o
THE WEEK IN WALL STREET.

The WEEK IN WALL SIff|El.
Current political discussions and uncertainties
serVe 10 restrict operations In the security mar
kes and 10 cause etagnaton In general business.
cut they do not bring in any liquidation In stocks
or lead men 10 believe that the outcome OF the
situation will be disastrous or harmful 10 the
country There Is an abiding faith In Wall
greet and elsewhere that the common sense and
Yankee spirit Of the American people VIII ef-
'setualiy settle the hopes and aspirations Of raw
'ng Populists and uneound money agitators.
confidence prevails that a tariff sufficient 10
give the Government. ample revenue snd TO pro-
~. American industries against foreign com
y'suuon Will De the outcome OF coming eiec-
, "Uns and that the next party In power VIII De
vn," ~'s.hg In us determination to MAINTAIN
rsx.. assumption. The country is ready for
ava oi business industry and progress. and II
n,Nssl0le 10 believe that the great American
3G1Iso" VINO recently subscribed upward OF SGoo,-
"a. ~, 70 preserve the Nations credit, which
Will .n.pelHed by Democratic ideas or finance,
fras-s Ssvn1 Their interests 10 the Populists ana
i srst1 Democrats whose dangerous guard
ra "p would lead 10 financial and Industrial
In the Wall Street markets the same stagna-
WI prevailed last week as In the several pre-
~ s weeks. and although there were a num-
-, mighty encouraging factors, outside inter
Vrnw.ao not stimulated and stock trading con-
ana WITHOUT anlfnILOn. An tiIoIt
brssn MAZE 70 create bull movement In silver
slrV'' based upon the apparent increase OF
III III sentiment In the Democratic party and
:. Increased demand for IL from England but
nr .sr as raising the price 10 any extent the
k,e~ent was failure. although there wece
~, uansactions in the bullion certificates.
ing aside the question Of the current silver
h.sion as a factor for a speculative move
An ~ IN the metal. the actual position OF silver
yards demand and supply at present is
~ speculation IL.
ns.," visible supply OF the metal has been very
sss reduced owing 70 decreased production,
M exports OF IL have been increasing, the
-. 49, from January l 10 date over the same
~ "e IN 1895 being about $S.00OO0O in value.
err aeinand in England for 1t, to BE- used for
tsn yvts 10 Russia and Japan. is large and the
Ass,aay from France. Spain. India and China IS
4 go ,nar at this period last year. There IS
a S sou demand for our silver in Europe, and as
rom '.Aer said IN the course Of the week: "Eu-
ro,S peieS our silver 10 everything except our
mnn NOV, one going as merchandise, the other as
amn,,yy Exports Of silver 70 Europe yesterday
CO., '' 10 lC60OO0 ounces. and IL was under
don Snat the greater part Of II was for Lon
accs."he'e speculation in the metal has been
II. frnvH ated by The belief that the demand for
b h a1a japan fo- domestic circulation Will soon
lsst r. Cold exports fell off To small figures
sec,,r,,,'e h, and there was a moderate amount OF
AbroaSS Dilis in the market. due to the sale
VIM y, american securities by Mr.. Morgan.
othsr - rs reported. has succeeded in placing
has no. onus IN Europe, exchange against which
raiseA :. yet appeared In the market. Germany
Der csn. 10 oid for gold in this market 1-32 OF
~ Inc week. but this increased commits