New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-05-18
Total g co.'s .s55iIs27 s5777247 Inc. s2G5.62o T.
THE WEEK IN WALL STREET.

The political outlook was the chief topic OF dis
cusson in Wall Street last week. Wall Street is
very much interested in the subject OF prosperity.
and naturally in the consideration Of candidates
and platforms for the coming Republican Presi-
Genital Convention. All interest is centred upon
!he outcome OF the ST. Louis Republican gather
ing and all efforts TO divert mems attention from
=, are useless The attempts OF Democratic ana
asugwump papers to discredit the leading candl.
Sn s Of Inc Republican party are meeting dlsmai
,tasure. and the furious lamentations OF certain
ssNsfs VINO are short OF stocks over the aHegeo
s.sncy uncertainties are having little or no Ell
,rn upon popular sentiment. II there is 70 De
s.. uo honey In Wall Street the industrial IN
n ssa.d the country must give ii. and In order
.s.sss the industrial interests must be pro-
ms NAV. Wall Street wishes to enjoy the legiti-
abls commissions to be gained In finding pront-
s,rs,ss .Ssupaton for capital, II must lend It's
IN and power in building up the industries.
ponnIasfIng Its foreign clients as to the great
H. majority for sound money. in crying down
poorjy epseo OF gloom and destruction. whose
az e.. enOsen words are base misrepresentation
sirs aee ana actual conditions. The few in Wall
,hs 's J, VINO think the country Is inclosed within
bet,ss wi walls OF the Stock Exchange would
csuntr open their eyes to the fact that 1t Is the
ana which makes the Stock Exchange
Wan n S the Stock Exchange the country.
Inc icueet Is a depository and distribut-
ors tt'"t Tor capital. but that capital does not
onlx ~ origin TO the Street alone. Wall Street Ks
H.
dovn country. and II that mechanism breaks
yso,n. wall Street falls with H. Wall Street does
II s service in inviting capital TO this country,
NAV. finishing means and methods for it's pldce
mo- ana with brains and skill. II heaps bless
thro,suIpon the rich man and the poor man
N. senout the land; but only as skilled agent.
ana natural resources CT the country the power
Ar ..nsenuty Of the people and wise legislation
10 seome Of the real factors which induce money
How this way.
fsci,n Is vast fund OF wisdom. skill and Ga
comrysui IN the Street. The majority interest Is
acorrsssed OF clear-headed business men, who are
whicSSn with all the multifold conditions upon
fbsr the prosperity of the Street depends. and
conn. sre not 30 blind 10 the sentiment OF the
sssri.s as they are represented to be by the
q rns me Trades Of q prejudiced press They
.yrs oeneve that the country is approaching
ksss crisis. and that this question is the sole
pos h' 81 the coming political campaign. They do
nsn,Ss,,eVe as certain papers represent that the
Iorrs ncan candidate. whether II be Mckinley or
pima sher man. will not come out iat-footed for
lbe - money: The men in Wall Street who are
,dyoce.sa say The multiplication tables are earnest
o. sound currency without a single
ieprsc,... IN favor Of that which is debased or
nest cs.u or inferior TO the best systems OF the
vhat ,hu ~. OF the world. This Is precisely
lpon ~. Republican party stands for and 1t Is
there Z. status that the country will continue.
together too much talk OF currency I'M
,efned y" as iar as the Republican party Is con-
own srS 'sseet wants prosperitv in every city.
o eee hamlet In tina United States 1t wishes
lcient incossion pa1Sed which will provide suf-
20 meet the expenses Of the Coy