Evening star. [volume] (Washington, D.C.) 1854-1972, 1895-01-15
A Fractional Advance in Most of the
Stocks.
LIBERAL SELLING OF CHICAGO GAS
Effect of the Injunction Issued
Yesterday.
GENERAL MARKET REPORTS

Special Dispatch to The Evening Star.
NEW YORK, January 15.-Opening prices
this morning reflected an improvement over
yesterdays fiEals, ranging from IA to IL
per cent, except in the case of Chicago Gas.
hfch opened off full point under pres
sure of liberal selling orders. The stock
mentioned was again the center of activ-
ity, on a descending scale, the result Of
further Interviews with Attorney General
Malowney on the subject OF yesterdays in
junction. This injunction restraints the FL
deity Trust Company from paying the
dividend recently declared, and deprives the
receipts of that company of their voting
power.
While admitting the temporary nature Of
the Injunction. the attorney general Is
quoted as believing that the trust company
will be put to considerable trouble to dis
solve it, and estimates that special act OF
the state legislature may be necessary to
accomplish such purpose.
On the other hand, those who are suffer-
ing most from this legal annoyance are
confident that they will successfully elect
a new board of directors at next Mondays
meeting, and that the parties owning the
majority of the temporarily discredlted
certificates will assume the management OF
the comrany's affairs.
Rumors of endless litigation caused
the uneasiness so pronounced at the open
ing, the stock selling on an addluohai
per cent to 20 IL during the first five min
utes of trading, but good buying was re-
ported OF the decline The stock was fair
ly steady at any time during the morning.
however, the dilatory methods OF the at
torney generals Office being too We'll known
to inspire confidence in the immediate re-
moval of the legal handicap now existing
Sugar was the second feature OF import
ance, selling down 1 per cent on traCers
operations, based Oh. rumors of the prob
able attempt to remove the one-tenth dit-
ferential duty on imported sugars II Is
understood that the republican leaders In
the Senate have announced their inability
to call up any business now on the table
that would tend to reopen the tariff debate.
but have agreed to consider any new bill
that may be sent over from the House fei-
alive to this fractional duty.
Competent judges OF legislative chances
are confident that this duty cannot be re-
moved at this session, no matter what the
device employed.
fractienally higher early trading, but
yielded slightly to selling orders after the
noon hour Louisville and Nashville was
marked up So per cent on further covering
of shorts. The best advices obtainable on
the pooling bill are of such character as
to cause some apprehension as to the bilrs
chances of becoming law.
The market for foreign exchange opened
steady on a very small volume Of business.
Rates and conditions are practically UNI
changed from those last reported. The In
dica tons are that the WeekS shipment OF
gold to continental capitals will be consid-
erably under original estimates. The en-
sagement of Ss0OOO gold at the Subtreas-
ury today is presumably for export tomor-
row.
The volume of business during the last
hour dwindled. almost exclusively. into
professional trading. with prices at or near
the lowest point Of the day. The sentiment
of the street was mixed en- the outlook at
the close of business