Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-09-01
SIGNS OF IMPROVEMENT.
Prices In Wall Street Getting Back to
Their Normal Condition.

Special Dispatch to The Evening Star.
NEW YORK, Sept. 1.-TOday's market
opened slightly in advance of Yesterdays
low closing and continued strong through
out the morning. The most encouraging
feature of the days trading was the alb
sence of any pressure to sell and operators
were encouraged to bid up prices in conse-
quence.
The industrials profited most by prevail
ing conditions and were all higher and ac-
tive. The regular list was dull and traders
were not inclined to carry today's pur-
chases over until Tuesday as a result of
Mondays holiday
Some time money in amounts aggreystfne
about three and half millions has at last
put In appearance at the legal rate and 1-2
per cent added for six months. The rate
Is resarded as comparatively reasonable
ana the fact that such a sum of currency
Is available is encouraging and viii proba-
piy influence other offerings at lower rates
Inc professional element still controls the
eoGrse OF prices and the market is made to
coiilorm TO the tenor of the latest rlImor
Local conditions continue to improve blt
uhtl the belief in better times becomes
more general no decided or sustained ad-
49, IN prices can be hoped for. In the
meantime indications point to a gradual
Improvement, which may be retarded oc-
caslonally but which win eventually re-
store prices to their normal condition.
o,,o, iees az noon showed fractional gains
over opening figures, ranging froy, Al IN
81 per cent. the latter for Sugar which
advanced from 81 to 81 81 Burlington adj
yahced IA per cent to 50 "a, Rocl,
ts si1nu advanced to 81 SIS and St Paul to
o. l., gain of one point for each Ta,.e
Snore advanced 3-4 to lis I-e and Manhattan
oeSnned to III, a loss of one point.
me market reacted after the noon hour
dec de-. ,ne n Guinness 1 prevented any material
me posted rates for Sterling today were
SHY Gays, 4SS less is; Light, ASS "a less
10; Light drafts en- Paris, 52O less Lie and
Sixty days 522 LIZ less LIS
New England broke 2 Is per cant d,r.,e
w! .ne AFTERNOON on rumors of strike amone
Its employees, which later advices declares
were entirely without foundation
louisville and Nashville earnings for th,
month of July decreased SlO0IlS '
Iraders We're successful during the lac
Hour In advancing prices on reports of :
favorable bank statement tomorrow Ever,
' uIiInS points TO an income in the reserve
resulting from the usual .,eptamber dc
Dufsements and an increased supDy of cur
rency. "a Wi
On the London Exchange.
Special Cable Dispatch to The Evening Star
LONDON, Sept 1.-The Bank of Englan nd
bought today 1900 pounds in bar geld
Forty thousand sovereigns we're withdrawn
FOR Buchares.. The suspension of the Eouit.
able Mortgage Company of New York in.
.erests many small Scotch people, but does
not affect credit here. The failure on the
Paris bourse chiefly depressed Italians The
stock markets here were dull today Amer.
leans partly rallied toward the close on in
defirite rumors of the issue soon of an
American gold loan. Silver was down to "a
pence and rupee paper to Go rs pence.
A special from New York to The Star
says that this is the first announcement OF
the Equitable Mortgage Company's failure
The report Is confirmed at the company's
Offices