New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-04-14
A DECLINE IN THE ENTIRE LIST.
WALL STREET BEGINS TO BTLIEVE THAT WAR
Is NOT FAR MOVEMENT OF GOLD.


Is Not FAR oFT-MovEMENT OF GOLD
Wall Street yesterday came to tho conclusion
that war was no; far OF. and the resulting de-
preston found expression In decline In the entire
stock list There was no Immediate reason
for the decline yesterday. It would seem. than on
Monday when the Presidents message was sent In.
for It was n foregone conclusion that Congress
woJd nj least indorse the recommendations or the
Executive by the passage OF resolutions IN line with
his request But Wall street has hoped so strongly
that the peace would not be broken that nothing
less than the positive action taken by the Foreign
Committees OF the two branches Of Congress. to-
e.th.r with the news OF the sailing o; the Flying
Squadron. would have caused the decided drop
which occurred yesterday In the market Europe.
too awoke 10 a keoner realization Of The threaten
ing aspect o. Affairs and the London market
thcr. was a violent break In Spanish bonds. which
reached the lowest point recorded since tho be-
ginning OF the present crisis. and there was also
a material decline IN the quotations OF American
stocks on tho Continent. too. Spanish securities
fc: and there was Il sharp decline III frehch
rentcs Opening prices on tho local SOCK TX
change responding 20 the fall IN the foreign mar
kets. were from 3. 10 II per cent below Tuesdays
close In the arst part OF the day there was exten-
five Humiliation -. small speculative accounts. ana
while .ho pressure 10 sell was NOT a. any tim" g.
verc n was apparent trnt the professional sup
port az tn, last few days had been w!tndrtwa 1hs
COMPLETION ~ the early lqgidatng sales left the
,n1rt.t dnu The course OF prices tending gradually
T,vrv.,rI with or.a s!onal rrcovcrles Tn tn last
half-Lour there was a slight selling movement and
fhc market at t.. close showed u"t losses for the
drv az I 20 PEI cent "a tlc more impurlant
niocks Government bonds were weak. "itn maj
oiio,.tlons lower than AT Tuesdays close. The
,i.r',tisi II ~ ~. tuc loans anything 1873" mod
crate rates Wa voted. Fow loans aro being made
as ia. banks except 20 il'ir regular customers.
,Iso stocks irir. .pIlly dcllt IN yesterday were
SUGAR ~ whl-t = 80 shares "cr" so.i 81" Gloss
showing ue, decline OF -. per cent. Tooacco. -
30 es- s..fes decline -. Burlington. nl5i shares.
l, llr. -. louisville AMI Nashville. l2'lo snares
i- it. - Manhattan. ilNi5 shares. dc I'M" SIS.
:. PAIL. g 40 slaT"s. decline -. Union racine
p-efr~rrt 2. fej shares decline 2x per cont.
m. Treasury received the sum OF $4,000 In
roid deposited against currency shipped 10 interior
points . ~, o,, ,,-
import nnnoJaGcJ lesterdnl. 80 follows. Lizard
t.rsre- t,uey L. Non U0ffmlnn 4 Co. <lln''.
x nm Loci ~ Co.. tzOo"o. Htiional Ciy Bank.
x@.tn. Itff'. gold. o. Us said Is now available IN
inc uirn market nt recent qGotnions and IN" pil'c
~ r6iI at some points mas ads ancei II Is pre-
d..ed that the importa atoms o; gold from no" on
Will b.. - small volume. unless interest rht's
abroad shall bc lowered or the price or cNcnhhgc
IN thi. market shall decline
Muller S-haN g. Co. who nrr agents IN ms city
(or various cuban banking houses. shipper ny INC
Ward Line steamer CITY ~ Washington 10 ma
ynua Yesterday. ln compliance with request from
o,, % their cuban corrrsIoutenfs. German bank
in nrm s5-cDp OF tho 81 90 90 IN gold recently re-
c.7y.I bv them from the ISLAND. Members oi the
tho gold was 10 be used I'm cuba. but that IL might
lc needed - pay for sugar or tobacco. or perhaps
lnight be used by tho Government IN cNchanRe TOT
drafts on Madrid Paris.