New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-01-08

SING PRICES OF CHICAGO STOCKS.
Thursday. January Up. m.


moderately we'll distributed business at adj
vanr.ing prices done in the stock market
today Some slight hestancy was caused by
the Introduction Of a Cuban resolution in the
Senate but the absence of any bear attacks
upon the announcement Of the resolution and
the more courageous sentiment now prevailing
over the Cuban situation saved the market
from SILLY fright and losses. Some spectators
who are bound up in the narrowness OF their
Judgment continued to look obviously upon
Delawa re and Hudson stock: but all the stock
brought out well placed. and holders VINO
realized that the dividend reduction was the
best thing that could happen to Delaware and
Hudson made efforts to dispose or tneir
holdings and the result of the days business IN
this stock only a net loss OF IA per cent
Delaware and Hudson. like other anthracite
coal comranies. has suffered in the last two
years front the poor condition of the coal trace
and not from rapid exhaustion of its coal sup
ply. one paper remarked the trouble hss
been with the sales and rot win the supply.
The decrease In the cost OF mining mas not
been in proportion to the decrease in sales, ana
an increase In sales may be looked tor In 1870
if weather conditions remain good. Inc De i
ware and Hudson Company receives us chlei
income from its coal lands, and the exhaustion
Of its supply is question with which seVerai
generations to come need not bother
London non Uses were moderate purchasers To-
day and bot in the stock and bond markers
there was evidence of good buying. The Gran
ger shares wore strong on the Improvement IN
traffic earninaS and the only pronounced losses
were in the sothracite shares. United States
Leather prefer red and Consolidated Gas. the last
named losing .. per cent on small sales Jersey
Central and Reading were weak in sympathy
with Delaware and Hudson. and United states
Leather prefer I'd declined on selling credited TO
insiders Sugar Refining lost traction. WIN
dealings in the syock comparatively small me
contest between the Sugar Refining company
and the Arbuck pN has not yet reached an acute
stage and the cha noes are that some settlement
or COMPROMISE WI be reached before permanent
injury has been done to either side. The coffee
opposition is well equipped to prosecute the fight,
as far as money is concerned. and the sugar
Refining Company is powerful beyond DOUBT.
Yet the last named concern has large NUMBER
Of stockholders. whose interests must he guarded
and il is not likely that the company VIII con-
tnue the fight to In extent injurious TO lts Sc
curity holders. Tht market developed consider
able strength iowa rti the end. closing at about
the best prices OF the day. The Treasury ngures
showing the changes in circulation during De-
cember give a net increase in circulation Tor the
month of S317S,6J4. and compared with the
same time q year ago an increase OF *uVlooo
The general stock or money In the country on
January was 80 321 .G19G1I. Of which 500 1885,
l77 was in the Treasury and 81 ,6oO2234O In
general circulation nd this. based on an esti-
mated population OF Z 2. OOO makes the circu-
alton per capita $22:t7. The net increase In
Treasury holdings in December was $l4 .2SO.92O
Closing prices for last sales OF the principal ac-
i've stocks. compared with the final figures OF
were follows