New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-12-14
CLOSING PRICES OF CHICAGO STOCKS.
" os1Sc. PRICES OF PHILADELPHIA STOCKS.
ON THE STOCK EXCHANGE.

Friday, December l3-p. m.
The market remained dull and professional, but
the majority of active shares closed at net gains
The cessation Of heavy liquidation In the In
dustrials has had a strengthening influence upon
the general market while several factors denot-
ing Improvement in the affairs OF listed COM
panies have appeared in the last two days, in
ducing short covering and somewhat better
d,stribution of business. To-days trading was
extremely dull. and only four stocks were dealt
In above 10000 shares, but was the case yester-
day. there was some activity in issues recently
idle and neglected. The London market for
American stocks was frmer and arbtrage houses
were moderate buyers. The weak features Of tho
ust were Baltimore and Ohio. Reading and Jersey
r,on+ral the first named selling down per cent
y, removed adverse rumors Of the companys
condition The decline In Baltimore and Ohio
hea caused considerable talk in Wall Street con-
corning the companys financial condition Va
WONG renorts about the company's ability TO meet
tia obligations are not calculated to inspire con-
fdence In the stock and the interests OF the
stockholders demand that the management OF
the company depart from Its usual custom Oh
furnishing unsatisfactory Information ana make
a clear and comprehensive statement OF 'he
roads present condition and prospects for the
yu,ure The decline in Baltimore and Ohio has
heer on small sales, to-days transactions
amounting to less than l,2oo shares
Tina anthracite shares We're generally weak on
Tho announcement that one company had refused
IN restrict production according to the proposed
nlan. There appears to be good reason TO believe
that desnite this refusal the company-the Della
ware and Hudson-will come into line and in
the present case It's reason for refusal Is under
stood 70 be based upon the proposed method OF
restricting the production rather than upon
lack Of sympathy for the movement Inc man
aganoent Of the Delaware and Hudson Company
is i'm the hands Of men thoroughly conVersant
with the needs Of the situation and 1t Is not TO be
supposed that they will rot restrict the com
pany's output in proportion with Its competitors.
Denver and Rio Grande preferred was sllong on
the announcement of the resumption OF dlNldends
and Pacific Mail continued firm on a fair volume
of business The negotiations between Pacihc Mali
and Panama Railroad have been satisfactorily
ended and the traffic contract between the com
panies will probably be officially adopted at
meeting of the Pacific Mail directors next week.
OF the Industrlals United States Leather pre-
ferred the only one TO gain any great proHll-
nence. its price advancing per cent on manlpu-
lation while the rest Of the Industrial list moved
in sympathy. Consolidated Gas gained more than
one-half per cent and American Tobacco more
than / per cent. Tennessee Coal and Iron was
strong feature at an advance Of per cent: No
gold taken for export, but II IL probable
that considerable amount VIII 60 out on tues
day on steamers sailing to Germany. The rate
OF sterling exchange In Berlin on London makes
a triangular operation in the exchange market
possible and II 10 understood that the demand
from Russia for gold In connection with the
Chinese loans has created the demand In Berlin
for the metal In this market
Closing prices Of the principal &etavs stocks