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Show iTFrklA imNCUI-IIMIMis IIkmiv Cl rua, the banker of New York, rerts for the week ending March T, 1991, no change In IheHlocK Market. Unas thought that tbeal Journment of Congress would push stocks upward. The old laying that "Hie unexpected always happeut"aa verified In this case. The news of the closing of Ihe l'lfly-flnt Congress waa received on the HUxk F.xchange with cheers. However, there were other Incidents of a depressing nature occurring. occur-ring. 11 was rumored that t':,0l,i) of bar cold wat to be shipped to foreign countries. News waa also In circulation circula-tion that there were further embarrassments embarrass-ments In tho Argentine, and atrluus iwllllral troubts In other ptrta of Houth America. IUther disturbing news prevailed with regard to llngland. A leoudou banlfug firm was aald tn be In diniculty, while the rate of discount tn the Hank of Huglaud w is laid to be advancing. Our Import were aald to Isi largely lu excess of our uxporti, which meaut the export of ai-ecle. All tlieee rumurt aud occurrence had adet resting eOect, and lu place of a large buying of itoika, then waa a ruth to tell. Hut matters are again being tmootlied out, 1 1 tn ry CIo t further siys: "Tlte imbtrrasted Month American firm list been II led orer tbo llank of hngland hat not advanced Its rale an.1 baa lost only X1CS,000 of gold during tho wckionlyllJ0,000of gold bsra lias been put up fur etliort Instead of the rumored ItoX'.'sK), ami tho apptahsnled failures In Ismdon have not fwiurred. Theso escape frum misfortune, however, bate only partially sufllce I to remedy Hie sbiKk artstog from the alsite rtiiuorsi an 1 i-srhspt for cm1 rrttoii. lkith In lamdottaud here, therolt a deep-rnoled luipressloiithslthe Darings embarrassments embarrass-ments hate produced many weak spotain London tlnsticis It Is aald that those ellucts are beginning to extend from LVimbard Htreet to Mincing Isiue, and Hial the Inevitable curtAllmeut of banking bank-ing iredlle to the South American trade must sooner ur later cause eml-srass-insula lit that luisirttnt branch of British tsunuien-e. How touch real reason there may be for this apprehension it is dim mil tojudgeat Ibis distance! but a distrust dis-trust or such a nature will need at least llinu for Us cure, and In the nicanlimo the lndon market an 1 every Interest dire, t-ly t-ly dependent upon It Is likely lo bo kipt lit u sensitive stste. The Isindm ftvtf probably MlecU accurately the iwull. tnsutof Ihetxst I,ndon opinion win till expresses the fear'thst Hie Htock llx-cliaugo llx-cliaugo must rttlgn Itaelf to long Ituulv lly, owing to the shyness uf the public hi regard to certain toourltlus." Smb. a condition of SITilrs In Ism-don Ism-don lUscourtgca tho lioji of much suj jsirt on litis si 1 from that market) ami, considering how much any recovering recover-ing tendency at New York must deiieud t-uit tiudon taking Istck a jtortlouof Hie large amount t f slo, ks It hat unload. ml uism us since last Heplrmler, this is manifestly a tteakeuiug elenism In rit least the Immodlsto outlook. It Is unit un-it nibtwdly a great gsln lu our relstlous with 1jihIoii that tbe silver bill has Iwen si comj letely defeated as lo loate Utile probability of free coinage lailng again agitated fur a long erlod. If vrori and It It not liiiprobable that Iho coiistvuent liiipruied status of Amsrlcaii seiirlttes may tausesome liitestmentdtmaiid mr tbem out tug those who aro getting rid of tho doubtful Isiues distributed among llrlllth tnvetons wllhln late years, but the prt-sunt cou lltlou of atralrs at Ismdou stems to bo strongly against any early upvt srd s-m ulsilon Ibero In either American Amer-ican or any other securities. Large decline! Ill the earnings of the C.ll..k'( anl Hick Itland rallroadt are reported, owing to the iliorlhtwa of tho com crop. Tiiete declines have ntlected other roads, though no ihort-utss ihort-utss otuops Is rt ported along their routes. March It usually accounted a dull month, and the preneut one Is HHely to tx marked with the normal Inactivity, Ajrll, ltlteicted, will o(en with a boom. Then a dear pros, poet uf abundance of money It btforc us. The appropriations male b Ike last Congrtsit are to titiprecedentedly largo that Hie Treasury balance la like ly to bu kept at xtro for time time, The Unka have lost about 2,SrjO,(sx) of currency during the week; tla., $l,l(l,slnetuii Ihe movement with Hi Interior, anl II.Ko.iMlon tram-actlonsVlth tram-actlonsVlth lh.Hub.Treasuryi liesldea which latob. ncLlned .KiO,od gold potupforeiirt,makJng total Iom of J,87O,0OO. For Uie moment, tbe market li likely like-ly lo be a riuclutUogoiie.nttordltur chanct for lair proDU from buylog iiKr the drops and telling on the upward up-ward spurts. |