New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-02-01
LOSING PRICES or PHILADELPHIA STOCKS
DEF AWARE AND HUDSON EARNINGS.
Wednesday. january Sl-p. m.

The Delaware AMI Hudson Canal company
made to-day n preliminary report or us oper-
atoms in the past year. The showing Is an
avtroneIv favorable one being the best, in fact,
since IKE exceptional year in the coal trade oi
1883 There was a slight falling off in the
gross earnings from railroad traffic. but this was
mon. than Offset by the increase in the receipts
from coal. The total gross earnings showed
an increase over those Of the preceding year "i
scse ~ and III 81 563.l16 over those Of lS'l me
increase in net earnings was $lSl avs ana ~ ~
sirrlus applicable to dividends IL was Sl'"VS".
- net be- remembered that the comparison IS
made with the year in which prices oil Co.l W'I'
affected by the famous Rgadns
ic tic continued growth of the company = 'odi
business receipts from this source amouh,lns
to $9939GiS. The laigest since 1917 VIII n,'
reached SloG22. 0G7. The surplus earnings as
a~. the largest since that year. and the PEI
"er,are n HE stock is l07l. against lO.ll III
1899 and ~ In lN'L .,, ,.ro-
,,',inorv 20 the annual report IF the business
If The company for the last three years:
n.slNEss or THREE YEARS.
, r;sr; '9s 1 p 3d. s @ 3 ].
Prom railroad tranie o91IS 3 io - 80 -
os.s N: ss 'sP:9i i 81 i5 81 $ SO n
", ' a5a ~ s. ,ss5 s59 IS
Surplus for year. ses%o'' saSaa'o' i :lt '''
Per cen. OF stool:.....- ~ ''.'' '''
WHAT WAS DONE IN STOCKS.
r,.,,,,r shri,l,,ga in business at the Stock
Evchanea was ATTENDED by great irFesuiarlN III
,,riras Tn assured success 90 thu Government
loans seemed t. eXert DO Influence, ah'i az u''
foremost stocks were those OF lnduStII"l N"',.-
nonies which would be affected by changes ~
he tariff and revenue laws. It must be lhieI'e,
that speculation is now awaiting the dCNo'' "a
cnpcress Th. lower house VIII vote on tHr
Wilson Lii tomorrow. and II T. argued III wan
Street as we'll as other placrS' INA, Wv -
Will afford relief ID the uncertainty ap"ut y -
lation The worst. il is expected. Will DE KNOW"
No., tho Ifnusa ge,ls a completed bill 10 IN"
senate For this reason the VDi" IS aWa'"n
,,;.h ,.,.,-iar interee, The discussion may last
for several months longer be'aus" II Is not il'p-
able that the senate Will not suggest i'''n'l. ~
lions and a conference committee may be- Hr'es-
sary but il is the popular belief that any changes
will he for the better There VIII De- PERHAPS
greater readiness to engage in new ventures III
buslucSs and speculation when me vote mas ~. Il"
taken Importers and manufacturers VIII pr
better able t. make calculations ior Ir"
months ahead. \ revival OF business VIII De-
likely To- strengthen the Treasury reserves. WhI'h
now are steadily declining. The goa Ir'erN"
to-day fell 10 the lowest point since Inc re-
SUMPTION ~ specie payments, ana oi Inc ll''''lN
of The Government loan T. Will rcquIi" nearly
S3j 100000 TO restore me legal-'ender reserve |"
its proper figures II Is not surprising there
fore that New-YOrk bankers continued 'h'iI
silb.crip;lons 70 the loan Including $3OooOoD
from Boston tn" additional SUBSCRIPTIONS
amounted to about $4,000 00) and In Two DAYS
were made at the upset price. ana posSlny 3"
part Of them will not be filed. IT canno' hc
learned that any bids have been received dlftc'
from Europe and consequently the god IN pay
ment for the bonds will he drawn almost Wholly
from the city banks. This VIII not create the
slightest disturbance OF the money market al
though Il may stffen temporarily rates Tor uhe
loans.
The only stocks which We're even relatively
active We're. in order, American sugar K"ilfIlhS
Distilling and Cattle Feeding and chicago Gas
The last named. after narrow fluctuations, closed
absolutely unchanged, but the others IN sIlc
I Of a rally from their lowest points LOST nearly
1 per cent. Union Pacific opened per cent
lower I'm consequence OF European selllng. Dut
at the decline IL remained quiet ana steady
The fall in the London market was due 10 false
reports about the reorganization or the com
pany, but IL is certain that nothing In thls III
rection can be accomplished until the debt 10
the Government shall be adjusted. If plan Of
settlement Ia prepared It must be approved by
both houses OF Congress Among the specialties
Delaware and Hudson was conspicuous by a
rise Of 80. per cent on the publication OF It's
yearly statement. In general final variations
were not large and they We're pretty evenly
divided between gains and losses.
TIE DAY IN TIE BOND MARKET.
There were no transactions In Government
bonds at the Stock Exchange but the market
was firm and the asked price for registered As
was raised J. per cent. The closing quotations
WI -" BlJ Asked. Hil.Asked.
T. { Us 1891 { s. cur. Ca 1885. lO2 80.
,,ni,nued al T. \ cur. Us lUi -.
reg, % rs g. 1891. 100