New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-01-15
CLOSING PRICES BOSTON STOCKS.
Thursday. January 14-p. m

c,oc;6c conditions govern the course OF a rev
securities in the stock market, but the general
lis, is free from especial influences affecting the
comnanies represented. The general market
,resants a stable position without any decided
movement either way and 1t is not likely 'ha'
any important price fluctuations or buying move
r,ent will occur until after the reins OF govern
ment have been transferred to the ne" Aoiiiihis-
tration Improvement in business. whlch VIII
he more pronounced later in the season. may oe
discounted in the stock market peiore the iiiau
euratior and if there were keeaer apprecla-
tjon Of actual conditions and the prospects ior
the future among spectators ana investors al
expanding security market would begin al once
rraei. conditions are slowly improving and the
continued increase in foreign exports especially
of breadstuffs and cotton, means more 10 the
business of this country in the near future IMAM
is realized at present. In the statement OF eN-
norris printed in The Tribune this morning, eX-
ports Of breadstuffs and cotton for DECEMBER
gave an increase over the same month In 1872
in value of SIS U6064J and for the year an IN
crease of sos 9G1 $50 Exports of mineral oils m
creased in 1896 over 1890, in value, SlV"ioooo
and exports of cattle and hogs increased IN value
SS s01 26f Total exports for the year. accord
ing to the preliminary statement, or breadstullS
cotton mineral oils. cattle, hogs ana provisions
Increased in value over 1880. S1l2,242,3 23. In
traffic returns favorable attention should he
given to the annual report or the Lehigh valley
Railroad Company, printed TINS morning lhe re-
suit Of operations for the year ended NoVem n
70 showing an increase in net earnings OF S13J,-
OO1 and a surplus of $40 I63 after the payment
of fixed charges. For the first time IN lts history
the companys ton-mileaGc or miscellaneous
freight exceeded that of anthracite ana Dltu-
r,inous coal and coke. The report was partic-
ularly encouraging document. and IL is interest
ing TO note that in the future the company VIII
issue monthly statements. ana propdpiy supyec.
tto a
accountants -
ON a small volume of business the stock mar
ket was strong, and with the eNeePilon, oi pal
timorc and Ohio and Wheeling and Lake Erie.
no important net losses We're made Toward the
end Of the day there was some ANIMATION win
prices reaching the best figures OF the DAY, the
agreement OF the Senate to adjourn until Mon
day inducing shorts to cover. London was a
moderate buyer but among local commission
houses there little doing Conspicuous
strength developed in Sugar Rehning, Chicago
Gas and Manhattan. the first named apparently
advancing on buying stimulated by reports OF
further coffee interests acquired ny the sugar
Refining Companv The war between the
Sugar Refining people and the Arbuckles has
not yet reached the compromise stage. and al
though it is believed in some quarters that the
Sugar Refining Company VIII eventually compel
the Arbuckles to accept terms. there are many
observers Of the fight who believe that an equit-
able agreement viii be reached before many
days have passed. Chicago Gas Is growing
I'm favor on account Of the belief that favora bic
legislation permitting consolidation or the
companies will be secured this year and 1t is
felt that the outlook for all concerns incorpo-
rated under the laws of Illinois has been mate
rally improved since the political end of Altgeld
and Mahoney. Tennessee Coal and Iron was
bought on the understanding that the concern
had been strengthened by the addition of new
interests TO the Board Of Directors. and Union
Pacific rallied fractionay on reports from
Washington intimating possible agreement be-
tween the Administration and the Reorganiza-
ton Committee by which the last named would
assume the Government debt. This report. how
ever could not be confirmed here 1t Is not
thought likely that there Will be any legislation
on Pacific roads at this session OF Congress. de-
spite renewed activity by the Senate and House