New-York tribune., 1898-01-08

dltons that reflect expansion In business and
encouraging growth in the country's prosperity
In the last two days and to-day the movement
OF money into the investment securities has been
heavy. Capital Is apparently confident that
there is nothing IN the outlook TO impair the
real value OF investments. and bull SPECTATORS
are disposed 10 believe that there is very little
prospect Of bear influence getting the ascend
ency in the stock market at present Even a
possible adverse decision IN the Nebraska maxi
mum freight rate case therefore does not ap-
pear to be feared. and just as long as the puphc
shows an appetite for stocks Wall street does
not bother itself with the few uncertainties III
the situation The foreign money markets are
moving toward lower basis. and the better
money and political outlook in Europe is doubt
less responsible for the renewed activity OF for
eigners In this market and in the American de-
partment OF the London Stock Exchange 1he
best Uniformed and most conservative men III
Wall Street do not expect any weakening III
sentiment from any possible Cuban as''a'lo"
py the extremists In the Senate nor 90 '"e'
believe that talk by silver Senators VIII produce
uneasiness in financial circles or among business
men at large.
The strength and activity in to-days securi-
ties markets force the conclusion that leelu-
mate buying movement has begun. DououeSs
there is considerable bull manipulation but the
time has yet to come when mahlpula'ion w
not be a factor in stock market movements NJ
market however in which total transacuohs IN
one day in stocks amount 10 4OS.9Vt shares' anu
an bonds to the par value Of S4,OZO.V'' can pe
called a professional affair. II taxes heaVy
commission-house buying 10 run up such ,~otAiS' ~
md that kind OF buying was pronounced yes
terday. In addition to the local ouyIns NJ
were increased purchases for the foreign aC-
count total operations for the Ids'-nailleu %
amounting TO upward OF 10000 shares Front,
taking sales at various times in the DAY causeu
small recessons but the general course Oh
values was toward a higher level WIN net
gains many of which We're suostahual' d. u.V
close The Vanderbilt shares were again 1eat-
,,res Many stocks which have long been IN
active were dealt in. and the number or issuts
fraded in both in the bond and share depart
1nents was larger than at any time since Iast
Sentember The Granger shares were up d
,ont The Anthracite Coal stocks old not re-
snond 10 any extent TO the upward movement
ora Susnuehanna and Western suffered sharp
break on the fear that the transfer OF the COh-
troll OF the company to the Erie would IesSeh
the value Of the minority stock western
Union Manhattan, Union Pacific. General Elec-
tric cleveland Lorain and Wheeling and Con-
solidated Gas were among the especially strong
heavy transactions that important hnanclai m
ferests were at work In the stock market Iotai
seles In all stocks amounted 10 fOo'Vt snaieS'
against 4O1.02S yesterday The total Tor yes
te~day and to-day is considerably larger thal
IN the six days Of the corresponding week d
year ago Receipts Of currency from the IN
ieror have been heavy this week and to-mor-
rows bank statement Will douotless snow
considerable increase in holdings. Ease IN me
money market is assured .,
Prices for the sales OF the principal acuNe
stocks to-day. compared with the final hgures
~