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Show ttEKKLY IINAM'lll. ItEVIEW. Hr.NllV Clew, In hi. weekly review re-view for the week ending April Hi IS91, aay. that new life and activity prevailed In Wall Htr.t itunug the neek. Improvement lu Block, was tiit.cled by the beginning of April, aud it cxmo even be) ond autlclpatlou. Tha volume of transaction, hat mora than double.!, and price hava advanced ad-vanced almost through the eutlro Jivt; but tho boat symptom connected with thu revival 1., that It ha. oomo not ? muou from mere "room" Influence a. from an Important nccewlou of outside buying order.. Tho stimulus la not artificial. It I. not manufactured by professional trader, nud capitalist, lu tho employ of largo corporatlou. It I. duu .Imply to a .ImulLueou. and natural ilemind cooling from thu publlo at large, alike for transient and permanent Inveatnunt. Thu weloou.o change 1. UcclJett evlilenio that putillo conlldunca ho. recovereil from the ahoclc given It laat fall. Thl thoit. lhat the dainago caused then won due uioru to paulo than to real dUaater. Thu mischief wa more In the nituru of fluiuclal derange ment than of hiislue.. unsound-ne... unsound-ne... The whulu trouble lay lu a com-Imntllvely com-Imntllvely teniurary over-creation of railroad lsaue., nud u violent hitch In our currency arrangement., while the general trvlu of the country was In u aound and whelewmu condition. All )iuptom uuite to Indicate that wu havo now reached that turning point. Ileury Clew, further aya: Thl., I take to be tho main explanation explana-tion of the marked Improvement of Ion. In thobu.lnoa. of the Mock Kxcbango, Other eauRC, however, hai a eo-oporatod In the ume UlroUlou, Tho adjounimcut ft'i. I --JffnffsaBaalai ofCoogros. b.s rein v t tho tneuhii.nf apprehension arising freim ttio .giutl.nt oriniMrl.nt qu.sllon. Ih.t h-tva kept th public u, Ind In a !ale of prolonged ten-.Ion. ten-.Ion. The .helling of freo ivlnngeof .III I r, the rrjci-tlon of Un) loullirrn l.le. -lion bill, the siHIIem. nt for a time at nnt i.f tlin btrllT Agitation, tha cewtl.m of c-itblUnl c-itblUnl approprl.lloiH -tha dlsHal of the-e unsettling hntx s I. a greet relief to ihebualneMof tlio enuutfy andanlm (Kirtant ooiitrlbntlon h esmndanca. At tha Mtuo thna, th ilaiifar nf Monetary .trtngetiey haa len greetljr rnltlgato.li for on tha tin. hen I. Hi. largely In-rrreii.-l ,ll,lir.iienl of the O.xern-liieliwlllim-essluioildlslrlliiltlniitifllio lliimense rli Isil.liei. hllh.rl.llMl I by Ilia Treasury, an I, nn tha either, the operation uT the liver law will IJ alaly. nilllloli. pqr year In thoaetlvoelreul-tlon, thoaetlvoelreul-tlon, Itintldltloii to tha hiiraa ailalng fnim our regnlir pre.luetlon nf gold, ll I also n rector or no entail luiMirutnco th.t, hi tha Western Sf ate generally, th (Jranger hostility to Iha railroad, ahowa n marked abatoinoiit of It. roekle.. hostility, hos-tility, and In nlino-t every ctao bllla of that character havo l.coti tlefeata.1. A .till mora sllrect .lliiititiitl como. from thehojiefol grl ultnr.1 protpart. The whiter wheat crop Is unusually prutnls. Ing whilst tha weather I. favorable to tha getting In of th spring eropsi and tha fact Ih.t tha nutl.mk fir tho Kurope.n whe.tcropl.dtoiiriglng Miiagos1. tha probability of a g l year for tha American Ameri-can fa riuor.' While tho concurrence of the foregoing fore-going favorable condition I. calc.ula.lcd to developa much mora confident feel liiga.totho future nf buslne., It 1. bey ond tpie.tlon that the currmt market mar-ket value of .ecurlllet U much below the average. The gros. earning, of railroads, however, do not .how much lucre-ose over I ut year. Hut In view of the factor roviewenl above, It 1. rea .onahle to Infer that .lock value, will a lvanco considerably during Ihe .urn. mer month.. The total amount of gold .hipped and engagej for shipment elurlug the week ha. been close un $l,W,e-The $l,W,e-The tntnka gained about $t,um),fMO In curreucy on their exchange with the Hub-Trcniury,audlttV,aJ net on their transactions with thojnterlor. |
