New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-01-03
NEJY YEAR MARKET LOWER
AMERICAN SUGAR CoNSPICUoUNIN ACTIVE
AND WEAK.
coxcRrss INFLUENCES AGAIN AT WORK SF'N0
1,1qoN on THE wllIsKEf iNN
FOREIGN SELLING OF THE RAIL
WAY list RESUMED.
WAY LIST RESUMED.

WAY LIST RESUMED
,,,oss nsrsons who expected a change ]" ,om
duions I'm Wall street with chahse IL ,sohorge
1,r. wore disappointed Wien the STOCK i , r.,
opened Yesterday after the New ,eai ,arance ~
,oo,s AZ least rejected directly the 'inue"
49,, ...so,,h,,rg of Congress. Distiins '
C.,,,o Eeedinc opened strong at %. ana al,ei .a'
to ce,b rallied to 22is on revival Vi VAN .,-or
inperative necessity OF the Adminisi"''o" ~.
n tax on distilled spirits IN order u '"'' ~,
revenue which the Wilson Tariff bill proposes " -.
of The stock was the second most acuNe vi w
stock list and SPECTATORS are TAXING
-, I, tic fluctuations in view OF the nhse'ue'
st.ta NJ legislation at Washington. American "us'
Honnng was the most prominent STOCK i'o'e 80 NC,
GO 600 shares being dealt in, against 0
FOR last week Of only 5000 shares. Inc pr D W
c,iped with few fluctuations from SO's TO 'o'-p'o's'
selling was stimulated by fears that COMES
,,o,,,1 attack the sugar trust" and the reuucuo"
IN renned sugars Of nearly $.c n ponhu III ''e
last week had further depressing elecN 7o"
members of the sugar trade expressed 'ne oe",,
that the American Sugar Reinng ch hamper stock
speculation by putting the price % e ,s. rted
low enough to drive The new rennery' just ''"'
The princpa features Of the railroad list were
ljngton and Quincy New-York and New England;
Louisville and Nashville; and Atchson dopei tn the the
market and ri;mors of forthcoming dussnG
statement Of earning s. 3r raui buyeTs of Louis
vile and Nashville the break last week tui ne
sellers on the rally. and the price fen 10 434g1-
against 4iia on Saturday No ofnciai stateHs"t 10
vet obainabe 10 the probability OF lhe l-ous
Vile directors acting upon the dlVldelu pIes.,ITin
this week or next but advices from aDr0au ,,, ui
cate a belief that even no scrip diVldellu VIII We
efteInp,el Atchson opened up y per cent al Ilis;
but later declined 97sNl0as. There was unusual
activity in New York Central. generally ioIe,ii
fayorite and the price fell 2is per cent 10 %.s'
Large sales were made III per cent below the Iebu-
lar way price sellers options OF Sixty Gays
Chicago, Burlington and Quincy was again a.,
tackled by bears because they had covered CONTRACTS
80 easily last week and the price fell from 1913
to 73ssm73a4. ~ ,,,.,,,,
The dealings in NewYorl and New-England
amounted to about 1900 shares and the prce ieii
steadily from 1915 7i2U8. 1t was given OUT tnat
the directors had decided to adopt some measures
ito. protect the stockholders, but prominent a.
rector said that quorum was obtained AT the
meeting yesterday, and adjournment was taken
until to morrow 1t is believed In some crcies thdi
the New-YOrk. New-Have and Hartford hauIodu
has secured control OF enough stock TO prevent az.
steps toward averting foreclosure SAFE uh1er .ne
second mortgage bonds. Erie held firm under the
tho stool and raises fresh capital by subscriptions
from bondhoders The English bondhoders are
said TO favor the plan. and the new provision when
will permit foreclosure proceedings on any uelauit
of interest Is specially commended In cases IKE
tho Atchson. however the sentiment OF lorelSh
bondholders according 10 private advices, appears
10 he adverse to requiring fresh sacrlnces on me
mart of bondholders, and the Philadelphia and Read
ing Rondholders' Committee are understood 10 De
averse 10 any scheme that viii cM upon mem 10
provide the necessary funds iDr reorganization