New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-09-15
RONnS.
THE DAYS OPERATIONS IN STOCKS.

After a strong opening the stock market so'o
Of on realizing and bear pressure. Upon Nne
utilization Of the regular Rock Island o'V'ue""
,,a whole list was attacked on the theory tha'
.ha - Paul directors would follow the example
~ the Rock Island management and declare ue
rsroi o. Dor cent for the half year his VIC"
s,hseouentlv proved TO be correct. es no eh""Se
vas made in the dividend rate St Faui mas
hoon sot Nv insiders for some tine on the e"-
-octot,on that the stock could be repurchase"
~ cbeaper level on decline incident 20 me
div,dano meeting. Buying OF the stock yes'er-
asx was excellent IN character. and y Is not
likely that many real holders sold because '"e
dividend was not increased. ~. Fau' as d
,,o- cent issue is selling only trife under BUT
rng+on 9 per cent stock: but this dinerehce
IN market value is likely 10 be "ideneo Oy
material advance In Burlington or e'ae oec''ne
IN St Paul. II would seem as II the last named
stock were selling az fair valuation oased on
6,,,ae,a returne and that Burlington and RooK
rsla,d rs well should both sell higher Inc
d,~erance between St Paul and Rock Island
e. No. warranted by actual value and the gap
ought N be filed by an upward movement IN
Rock Island. The market closed irregulor ana
unsettled.
The report Of the country's foreign commerce
,r August adds further strengthening factors
- the ranidlv accommodating evidence Of the
prosperity OF the United States Exports OF
.,archend,se IN August were heavier than IN
er, August on record. while imports were larger
than IN any August in the last six years ex-
osr+,ne August 1894 Compared with july MS
wear exnorts showed an increase IN value OF
So 700 1893. and with August year ago an IN
creosa in value OF S20,OS2.SI0. The excess OF
exnorts over imports amounted IN value 10
s37 400 600 against an excess Of S34lolZ"o IN
1pIv and S34 sSS212 IN August year ago
The excess Of exports this year IL especlaIlE
elgnincsnt because imports IN August sho"eo
an increase over the same month last wear or
S17Of1 8Ss. and S6641.679 over July Of this year
For the eight months q the year the excess ot
exports over imports amounts in value 70 S-'r-
354G5S against S351. 7O9.639 IN the correspond
ing period last year. decrease this year OF
S743a4qS1 But this decrease .v.as not due 70
falling or IN exports the actual volume or
exports IN eight months Increasing Sl"3'3l-o
over 1SQSl hut 70 the gain In Imports. when
FOR eight months amounted to SSe@lN i'" Inc
fact that imports have increased So heavily In
the time named. while exports have gone for
ward in larger volume than IN the record nieah-
Ing period Of 1895. furnishes one o. the best
proofs of the wonderful increase in wealth and
prosperity in the United states.
In the twelve months ending In August, the
total value Of exports - merchandise WAS ST.
900 500 .39l against SSi2. s33 3'l IN 1888 oc-
toher November and Dec, nher are always
heavy exporting months. and THE year they
promise % make returns that viii bring the
total exports for the calendar year far above
the enormous total FOR tne calendar YEAR o.
ls9S - 81 o54 g25 100 Ia addition 60 the rrer-
chandise exports in August. there was exported
silver 20 the value % Sl51u3.a69 in excess ~
the amount imported, while ~ goi exports
We're n excess II imports boy 50 65234N Holders
OF securities win find in the statement ~ for
eign commerce adequate evidence OF the factors
that are building up The actual value Of Amef'-
can investments. The market yesterday was
too professional 70 he Influenced 10y the foreign
trade report.