New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-04-19
lsoa-7IRTY-FouR PAGES
ON THE STOCK EXCHANGE.

BLOCKS engaged moderate degree or activity
and were strong throughout. Some commission
house buying drove the shorts to cover and
another upward movement in Sugar Refining
helped to check yesterdays reactionary tendency.
All the industras were strong, at substantial ad-
vances. and for the first time in several days the
manipulators In American Tobacco took a turn In
these specialties. marking the price up over per
cent. American Cotton OIL recovered good part
Of yesterdays loss. and Consolidated Gas started
In an upward movement. gaining nearly per
cents. It's strength being accounted for by the be-
lief that no legislation detrimental to the company
would be passed at this session OF the Legislature.
The railway list was higher Manhattan gained
~ per cent but elsewhere advances were only
fractions. There were no developments Of i'm
portance affecting stock trading and the only
thing in the way Of news was the decision In Chi
cago In favor of the Ogden Gas Company, which
gives the company full right to open up streets
and lay gas mains according to Its franchise.
Chicago Gas was favorably affected by this
opinion. and the bull sentiment in the stock in
creased. 1t Is said that the Chicago Gas COM
cumulated profits. and the impression prevails
that dividend will be declared this summer
despite the objections of the obstreperous Mr.
Maloney. The close Of the week shows prices for
stocks and bonds with few exceptions, above
those of week ago. and exhibits total of bust
ness OF $685. 420 shares or an increase Of 23644
last week. Net advances In the chief active stocks
are from Y to 6M per cent the biggest gain being
made by Sugar Refining. The railway list is
from to IA per cent higher.
The statement OF net railway earnings for the
cial Chronicle" makes a favorable comparison
with the same month in 1895, the gross increase
being A,049.43O and the net. s2.0l9,633. For the
first week in April seventy -four roads show a
gain OF 2O1 per cent. and for the fourth week in
March a gain OF 3.65 per cent. The reports for
the first week In April received to-day showed
general gains. conspicuous among the roads so
reporting being tia Chesapeake and Ohio. which
increased Sl7642. Canadian Pacific. 81. 000 MeX-
can Central $14.911, Chicago and Eastern Illinois
$1,000. and Pttsburg and Western $685. OF
seventeen companies reporting to-day thirteen
show gains Of sl45.60S. and four losses of $44l7l.
An interesting statement showing the improved
conditions In the Northwest Is furnished in the
report OF the Great Northern for the six months
ended December 81. In that time gross earnings
increased s.751 1856. and earnings 81. OSS 255
leaving. after the payment of fixed charges a
balance Of $l.762 962. and after the payment Of
the half-yeary dividend of 21 per cent. a sur
plus Of ST. 1888, increase of $946646 'Dun's
Review" makes the following comparison OF
number of roads in the United States reporting
for thu last four weeks:
q roads. 80 week Of March IS 6s6ao7 sa47ao25 : 80
65 roads 4th Of March. .3G4 7Oi5 2,i 80
81 roads lst week OF April. 4.75072 4I274G4 ' 5
II roads I'd week OF April. 1891 S4084s -I4G
For all roads reporting in March and Febru-
airy. the following summary in "Dun's Review
gives the earnings for 1896. with the percentage Of
gain over 1895 and the percentage OF gain or loss
compared with 1893: