New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-12-07
CLOSING PRICES OF CHICAGO STOCKS.
on TIE STOCK EXCHANGE.

Friday December 6-p m.
Trading ir Chicago Gas American Tobacco and
Sugar Refining was all that prevented complete
stagnatio- in stocks to-day The quick dispose
ton Of the Chicago Gas suit by Judge Showalter
in Chicago late Yesterday caused a scamper
among the shorts in Gas this morning. and on
transactions which for the day amounted to over
- OO0 shares the price gained nearly > per cent
the greater part Of the advance being made in
the FIRST transactions the opening sales running
from 672 to G9l2 agains; 64a4. the last price yes
teriay. Judge ShoWalter in denying the in
junction application decided that there was moth
ing in the lay 10 prevent consolidation of he
Chicago gas companies. The plan of the Chicago
gas reorganizers is in favor Of having suits
brough; agans, the consolidation scheme in or-
der to have all questions concerning the legality
Of consolidation settled before an attempt is
made to put the plan INTO operation. There are
excellent reasons for believing that the .uit
brought to restrain the consolidation OF the Chi
cago gas companies. which was decided In favor
of the reorganization committee was Insulated
with the approval Of the reoreaniZcrs themselves
as means Of perfectirg the plan against any
attack which might be brought against il in The
future. The men who are engineering the con-
sOlidaton scheme OF the Chicago gas companies
have expressed the intention of making the com
panics a sound inv eS men: property. and their
preliminary steps to such an achievement dre
encouraging TO people who hold the stock
investment. rather than for speculative purp
Covering in Gas was followed by thr shorts in
Tobacco Sugar and other Industrllls. hch
gave strength to values throughout the list.
There was it'll" outside interest I'm the market,
and on extremely small volume of business
In the railway list prices were generally tieher.
The Withdrawals OF gold for export amounted 10
81 600 600. There was no material change In the
foreign exchange situation, although toward the
close f the DAY there was a further Offering OF
commercial bill The GOLD question appeared to
have no effect upon stock values. and likewise.
favorable Developments connected with the sand
ard shares were received Wltn indifference Ill
nos CentraIS report for October. published to-
day is among the best exhibits IF traffic returns
recently received. The gross earnings increased
S4O7 022 the net earnings 1896 ca. and from July
the net earnings showed an increase Of $spl.363.
on this excellent statement there was no activity
in the shares Of the company. SAFES in Them
amounting to 100 shares al an advance II per
cent to IS. Baltimore and Ohio was down ! per
cent. Northwestern was fractionany lower. also
Kansas and Texas preferred. Pacific Mail and
Wheeling and Lake Erie. Elsewhere I'm the active
gains were 424 per cent in Chicago Gas 3 Der
cent in Sugar Refining. q. per cent in Amer an
Tobacco. II. per cent in United States Leather.
N per cent in Delaware and Hudson. and per
cent i'm Western Union. ii was said in thu course
OF the day that the Reading reorganization plan
was completed and that upon its receipt in Lon
don it would be published simultaneously there
and in NeWNoIk
Closing prices Of the principal active stocks.
compared with those Of yesterday. were as fol-
lows: