New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-04-01
Short bills.
RAILWAY EARNINGS.

The Tribune has printed the gross earnings or
seventy-one railroads systems for the second
week in March. OF these forty-one companies re-
turn gains o s2s3.ss4. 81 per and thirty
companies losses Of 1921. 0S9 or SIS per cent: the
whole lot shows gain Of ss2sl5 or 90 per cent
The Tribune has also printed the gross earnings
OF sixty-four railroads or systems for the third
week In March. Of which thirty-nine companies
return gains Of 1929 s03 or Ill per cent and
twenty five companies losses Of s235l77. or rs per
cent: the whole group shows gain Of s93.S26, or
Is per cent
The gross earnings Of one railroad for the
fourth week in March. printed in our columns
show a gain Of s40s4, or ll.9 per cent:
REcAPITULATIoN.
1885, 1895. Differences. p. c.
81 issSIs saSs Dec Dec 1s
Total II co's ;se5tsa5o sGOoeIe' Inc sc2.si5 OF
:S%SsS:: 5S4sSs5 g ss: be- Bee % u
Total 81 co.'s. .ssol4 ioe ei3772s Inc. soao2s is
/ eompany....... s3s3Ss s3s43e Inc. saoo4 lie
on THE STOCK EXCHANGE
The reaction in prices Of stocks which marked
the early part of last week checked on
Thursday afternoon late. 1t had started on Mon
day. and was helped on Tuesday by high rates
for foreign exchange by easier rates in that
branch Of the money market in closest touch
with the foreign exchange department, by heav-
mess in wheat and cotton. and by profit-takng
sales OF our securities London. The bearish
contingent made the most OF these elements, but
while they were able now and then TO develop
weak spots In the market. they oftener found
themselves confronted by much resistance. on
Wednesday the movement toward lower levels
pushed persistently Its only chance Of sue
{, - apparently then lay III emphasizing the dif-
fcultes Of the anthracite situation. and the most
made OF this point early on Thursday but
late in the afternoon of that DAY the continued
session OF the anthracite presidents encouraged
the hope that they, really meant TO settle their
differences. and the market turned. Since that
time II has perSstently risen. even yesterday
when proft-taking might have been expected 10
cause an apparent heaViness. the whir and eX-
element of the Saturday previous were repeated
with success. but not with 50 great success. pei
haps. was expected. But what was intended
probably accomplished.
The coal situation dominated the market.
pool in Reading advanced its stock smart.y on
Tuesday by telling tales Of an arrangement for
its control by the Pennsylvania Company. and
a liberal allowance in mine production. Thereby
its securities all advanced. except the As, which
were steady The shares gained 2i2 points. The
other coalers were heavy, on the theory that
what good for Reading was bad for them.
But the movement finally came to an end-when
the pool got its profit Then came the presi-
dents long meeting on Thursday the outcome
Of which really appears likely 10 be some ad.
vantage to Reading. There is an occasional
fight it's solvent rivals with great effect. since
they likely TO lose more than itself This
fact in connection with Reading seems to be
called by Jersey Central. Delaware and Hud-
son and I.ackawanna. and II Is believed that
they will grant Reading fully q per cent OF out
put against about 1S or less at present. Just now
It's big rivals are said 10 be discussing how they
shall divide their prospective losses. Strong
interests are behind them. however and IL is not
likely that they Jersey Central. for nstance)
will be left to face the situation unfriended and
alone The coal properties closed the week.
Lackawanna's quarterly dividend was duly de1
The general list showed much hrmness. New
York and NewEngand was especially strong
and higher. The intern uiOnal specialties aG
vanced. generally foreign buying. Atchson.
on Friday. was most active and conspicuous. for
no known reason. except that its reorganization
scheme is settled upOn. Louisville and Nash
vile and New-York Central are higher In the
Industrial. group General Electric was active and
higher on stories Of an arrangement between II
and the Westinghouse people. Doubtless some
scheme OF partial union is afoot there. but APP
parently IL has not yet been concluded. Early in
the week the point to buy Sugar: but no.
Then II actually amusing 10 see the stock
~ and the small traders jump in 10 buying.
IL closed the week at 1925 Distiiling and Cattle
Feeding is In peculiar position. II IL should go
up too much the reorganization managers might
be troubled to carry through their plans The
trading is therefore kept we'll in hand, and
pool said 10 have been formed for nice little
turn In the certificates met with small success.
of the few specialties which seemed weak. Men,
ton must be made of the activity OF silver certh-
Gates on Saturday morning. They were active.
and rose points net, 10 6Ii2. The movement
was entirely speculative but il affected favorably
the roads which carry silver ore. The following
table. condensed from weekly range.
fleets the most conspicuous stock movements OF
the week: