The evening world., 1892-09-27
WALL STREET News.
Market Opens Firm and Prices
Rise on London Advices.
Much Bull Talk, and Pools Said to
Be Forming,
Trading Active In All tho Leading
Stocks.

WALL STREET. Monday, Sept. 26.-The Wall
street markets were decidedly firmcr IN tone
this morning and prices advanced ri to ~
per cent.
London came strong with prices above the
party OF our closing on saturday. This gave
prices their first start on the up-taGk, and
when 1t became evident that the commission
houses had buying orders to execute fOr out
of-tOwn account the bulls went to work with
will.
they were favored by advlces from the
West that there was no frost anywhere In the
corn belt and by reports that tra'llc out West
Is 80 heavy as TO tax the facilities OF many
roads to the utmost. Certain influential ope-
raLors are talking more bullish than Tor some
time, and pools are said 10 be forming In va
rious stocks.
Manhattan led nil others. selling up ~ TO
1874. There was sharp demand 10 cover
shorts In Northern Pacilc preferred, which
carried the price up from iOla tool. me
announcement by Mr. belmont that tile
contemplate the sale OF any more united 45
| frightened the bears In that stock and they
bought IT. up To BUhs.
Around midday Heading ran OF per cent,
aud the general list reacted In sympathy. The
transactions up to noon were 1n5 900 shares
About eight hundred shares oI stock were
sOid out under the rule ~ tue Consolidated
| Exchange Tor the account Of Il. A. Miller
! sterling exchange was rather firm on n
moderate volume vi business Bankers 90
days sold at 4.S5ls q 4.s534, demand at i.sT
and ablcs at 4.A7L.
In the All ernoon trading Reading was NJ ain
| pre- ssed Tor sale and declined tU 3U9s.
| 1he general list, However, was strong, par
ticuiariy for Louisville and Nashville, which
rose 10 67lS. GA saturday tue stock sold as
low as b4ts The stock Is scarce Tor delivery,
und commanded premium Of l-lG per cent.
! FOR use.
| The weakness OF Reading was due 10 a
runner that lhe August statement noulI
! make poor showing.
George J. Gould and c. NJ. McGhee, who
| were selected directors OF The Richmond Ter
mnal Company at the recent spt cial meeting,
have notlncd the officials that they decline
to serve.
II is reported from Peoria that the WOOL
pany, with capital OF $l.000.000. II vii,
have a capacity OF 6,0OO bushels and Will be
able to iced 5000 cattle. 1t Will hight the old
Trust.
The Missouri Pacific has settled its differ
ences with the railway telegraphers and
| there VIII be no strike.
The gross earnings of the Missouri Pacific
rond for the third week Of september were
S63S, 600, an increase OF $4,000, and from
Jan. TO date $ls,043,5Os, an increase OF
&l,594.T77.
morrow, Will take out 10000 Mexican dol
lars.
The Treasury Department to-day purchased
6OU,OOO ounces Of silver ut $3.50 q .S3SJ.
The tenders were S1o,0 200 ounces.
j. PlerpOnt Morgan says the report that his
firm had recently purchased round amount
OF New York New England Is absolutely
untrue.
ave have no interest in the stock. either
directly or indirectly, nor have we bought
any," he said.
The Canadian Pacific has issued circular
Announcing that 1, viii assume the tolls on
freight through the 81. Mary's Canal This,
| It Is claimed, practically nullites President
| Harrisons proclamation.
Taking effect oct 10 eaSt-bOund rntes to
eaboard VIII be advanced ~ cents on grain
and cents on provisions.
The east-bound shipments from Chicago by
the Trunk lines last week were 03,OOl tons,
against 63,15l tons the previous week ana
51,S04 tons for the corresponding week In
1891. Last week the lake and rail lines to-
Rethcr carried lS2, 900 tons, the largest on
record.
The annual report OF the Government direc-
tors OF the Union Pacific Railway Company,
which has been presented to the secretary Of
the Interior. shows that for the Union Pacific
proper there was for the six months end d
June 80 surplus OF S3,7a4.S SG7. and on In
crease In surplus Tor the year OF $430,647.
! FOR the entire system there was au In
rcase OF earnings for the year OF $54O,0O0,
ana decrease In expenses OF $l5O,43S.