New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-01-01

unduy heavy exports Of gold that are successfully
This plan would @ SsS asy ali apprshsnsons rGp at home
and abroad. would revive trade restore confidence
here again and release the boarded gold in this
country Too much stress cannot be laid upon the
at once into an interest-bearng obligation of the
United States and which in time of need be
The fear of contraction Of the circulating medium
Is groundess. because the per cent interest rate
money whenever better return could be obtained
The bill does not offend either god or s.,ver ad
Washington dispatches say that Speaker Reed
and believe it to be the measure which. without
offence to any one, can restore everywhere perfect
hoarls to tradeSchannels permit the use of all
treasury silver as subsidiary COIN, and give us an
Of any in the world.
Then Europe would buy our securities and in
business men would no longer defer fresh undertak
ings which are the development of nation and
which make 1t ricn.
George Rutledge Gibson said:
The new year will see bond issue successfully
financed again by Mr.. Morgan. despite the folly OF
mr.; Clevelard and the CONFUSION and disregard of
in gold payments viii. be averted again. ana this is
had exS hs u eye to on as long ne w
OUT great variations in the pulse and temperature
in the sentiment of the Street because the market
must remain narrow for while. and thus be sub
The years vicisstudes have removed from the
arena two OF the greatest plungers and market
makers and as msny bear traders fought the rising
market of last spring too long. many bull
traders fought the falling values OF this autumn too
Ions; The result IL not only uncertainty in the
public mind to the outcome of the situation. but
also the disappearance of crippled traders whose
dealings created much of the years market. ]
think that buyers will not be imme edately forthcom
ins in sufficient numbers 70 maintain prices at the
present level and that when the bond issue Is really
made II Will be found that prices have discounted
the good Then when lower prices come |
fancy that bargains viii again abound, ard after
the country's continuing consumption of rerchan-
disc begins TO create a new vacuum In supplies We
shall have another upward bound In business.
Then stock values will be low enough to fur nish safe
and tempting opportunities TO investors and specu
ators and a fresh of bull activity will come.
STRENGTH IN STOCKS
Notwithstanding the receipt of lower quota
tlons from London for American securities yester-
day great excitement was developed in the New
York market. There a stock on the
active list which did not close higher than on
nday. Among the more important advances
the following: Sugar. l1s; Baltimore and
Ohio. 2; Burlington and Quincy 2h: Canada
Southern IL: Chicago Gas. 2i2: Consolidated Gas.
l12; Lackawanna IL; Illinois Central 3: Lake
Shore. !: Louisville and Nashville. 1i2: Metr0pon
tar Traction. Ia: Missouri Pacific. ~; North
west. 2: Omaha. common. /; Omaha preferred. 4:
Rock Island, pa. ST. Paul. 1%; Southern Railway
preferred. 1%: Tennessee Coal and Iron. u Wa
bash. IL.
Money in furry got up to 25 but closed nj 4
Sterling exchange was weak