The Providence news. (Providence [R.I.]) 1891-1906, 1895-04-17

Railroad Earnings.
X. C., FL. 8. & M. system-1st Apr, s75,-
S7s; dec, ss95s.
X. c., M. q B.--lst Apr, sie,4s7; dec.,
s412O.
Bridgeport Trac.-2d Apr, 1896; inc,
1876.
L. at. Hist Apr, s2l ,ai2; inc, sl3is.
t. O. o. C.-2d Apr, s2s,564; dec, i15,-
272
U.P., ID. q G.-1st Apr, s49,345; dec,
s2os7.
st. L., A. & t. Hist Apr, s19, ,43o;
doc., $500.
Nj. q C.-1st Apr, s1s,s67; dec, $3.50.
'Today's Stock Board.
WALL STREET. April 7.-Stocks
opened moderately active and lower. A
renewal OF the selling pressure on Gen
eral Electric carried the price down ~
per cent, to 3iH. Baltimore & Ohio also
" and st. Paul q. Sugar advanced y.
After 1o:15 the dealings were widely dis
tributed and the Coal shares well in hand
by the bull operators.
Study In Oil.
PrTTsBURa, Pa, April 17.-Oil has now
reached that dizzy height where specu-
lators are afraid to deal in it, and,
as q result, the sales are not
heavy except during the first
bali hour. 1t was offered at 2.66. There
were no buyers and the price dropped to
90, then to 67 and 1t was at 1880 a. M,
fnt
ing 70 oil this week, few OF thom
have sufficient confidence in their own
prediction to invest in the Standard. The
Standard again put up its price % cents to
$50 and May option was offered here at
the opening for 230. Cash oil.
Foreign quotations in OH are as fol-
lows: Antwerp, "a francs; Bremen, "a
marks; Hamburg, 81 marks.
Westward Weather Conditions.
The Government crop report says: "The
weekly weather report shows a good week
for farm work all around in Illinois;
Wheat in good condition and plowine for
Corn going forward In Indiana; fal.
sown crops much improved in M!ehigsn;
winter Wheat poeg aud other grains look
well In Michigan; rain 70 badly
needed in tho northern portions OF
Minnesota; farm work more advanced
than usual aud rsins well distributed in
Iowa: grest need OF rain and the season
later than usual in North Dakota; gone
rally excellent condition all around In
work and corn preparations we'll ad-
vanced in Nebraska; Wheat improving,
large planting of corn and conditions
generally favorable in Kansas; standing
grain looks we'll and spring seeding
mostly finished in Washington; rain
badly needed east of the Cascades in Ore
gon, and weather retarding all growth in
California and Colorado"
Local Market Active.
A prominent banker said today: "The
outlook this week in the local market is
better than for a long time. Even bank
stocks are becoming active and there are
many inquiries for investment securities
paying and per cent, although they
are hard to find. The industrial stocks
have the preference. For the first time in
| months there are inquiries for National
| Il Providence Worsted bonds, (Mr.
Fletcher's property, and preferred stock
| particularly.
"Narragsnsett Electric and Providence
Gas stocks go as fast as We can get them
at 81 and 50, fair premium for
per cent. investments. A glance
at the stock sheet viii show
how the industrisls are improving.
Take American Borow fox instance: A
short time ago 1t brought only 1s5, or
thereabout, and now goes at la2N."
Providence Clearing House.
The clearings of the Providence banks
today amounted to Ss40, 400.