The Washington times., 1894-04-08
THE WEEK IN WALL STREET.
Prices Have Ranged Higher in Spite {
Occasional DayS of Depression.

Prices Have Ranged Higher in Spite of
Occasional Days of Depression.
New YORK, Aprll7.-An active business was
done ON the stock exchange during the two
hours of trading to-day which was well dis
tribued throughout the list. There was
some London selling at the opening in st.
Paul, Louisville and Nashville, and Atchi-
son, the latter giving away only Is, but
the other two stocks receiving q. In the
early dealings the speculation was weak and
a fractional decline took place. The depres-
sion was of brief duration, and prices soon
took an upward turn under the leadership of
Chicago Gas, which. after decline OF sold
up 13s on covering of shorts. Distilling
was bought on the advice Of President Green
hut. of the trust, who asserts that the recent
declipe against the company is of no import
ance.
The Improvement in the rest of the list was
merely fractional, and toward IL O'Clock the
upward trend was checked by the inaugura-
tion OF selling movement in Chicago Gas,
which was based on fears that the attorney
general Of Illinois will decide against the
company In the quo warranto proceedings.
Before the bottom was reached the stock had
declined 2 per cent, with only rally OF Il
at the close. The break In Chicago Gas had
the effect of weakening the entire market
and the general tendency was downward.
Up.o ~ O'Clock some OF the specialties
made material advances, but in the main the
market was heavy at the close, prices, how
ever compared with the closing figures OF
yesterday, being irregular. The changes,
however. ara very narrow, the declines being
within fraction. while only in one case was
there an advance over q fraction, the excep-
ton being SusIuehanna and Western pre-
ferred, which shows gain of rs per cent.
Chicago Gas is down 4, and the Grangers
1sas< General Electric, Lead preferred,
and Pittsburg c. C. C.. and st. Louis pre-
ferred are * higher. The heaviness Of specu-
lation in the late dealings was rather unex-
pected, in view of the good bank statement
which. especially by the increase III loans,
showed a revival in trade, which the mer-
camille agencies in their weekly circular re-
ports has begun.
The stock market has in the main moved
upward as a result of the weeks transactions,
Notwithstanding that the latter trading cut off
some Of the earlier advances. Some few
shares show losses, including Oregon Naviga-
ton. 8; Lake Erie and Western preferred, %
Minnesota Iron. 2: Chicago Gas, =: General
Electric. IS: Dstilling, ~; Burlington and
Quincy. Z, and st. Paul, Is per cent.
The principal advances established are:
Colorado Fuel and Iron preferred, per cent.
National Starch first preferred and Edison
Electric Illuminating Company. each 5; Della
ware and Hudson, AS; Northwestern pre-
ferred and Interior Conduit Company, each
3sl; Rubber preferred, 81; Missouri Pacific.
81; Colorado Coal and Iron development
Company, 25S Minneapolis and st. Louis
preferred. 254; Pittsburg, Cincinnati, Chicago.
and St Louis preferred. Baltimore and Ohio,
and Duluth. South Shore. and Atlantic pre-
ferred. each 81; Sugar, American Express
and Iowa Central preferred, each per cent.