The evening world., 1893-08-26
IMPROVED TONE IN STOCKS.
The Week Closes Brightly, Due
to Heavy Gold Imports.
a Very Favorable Bank Statement
Helps Ease tho strain.

me Ntfh CIbS'l Win u UIStlUCtlN I'M
rtoNcd tone to affairs in Wall street.
the result OF the heavy arrivals of gold
from Europe These have eascd the
financial strain. and as the prospects for
a repeal Of the Sherman silver law are
considered good. there is more dispo-
sitton to enter into new contracts
While ther has been no great activ-
| ity, those having securities to sell found
"A more ready market for them, and
were not compelled to sacrifice their
holdings as heretofore.
The favorable character OF the bank
statement also impaired confidence. and
ought to bc reflected In improving prices
next week
stocks closed firm. and the only i'm
portant reactions were In General Eirc-
tic, Sugar and Chicago Gas. which
yielded IL per cent The general
list OFF at or near the top prices Of the
week.
Lake Shore was noticeably strong. and
crossed III, n rise of over points for
the day. Their" was also II better de-
mhnd Tor uw-priCrd shares.
National tordHgr pref, rrcd second as.
s"sSin"nt paid was bid for from - up
to ~ without sale.
The premiums on currency this morn
Ing varied from IA To per cent, and
the demand was comparatively light.
IN" Manhattan Bank received $50
~ silver currency this morning from ts
chicago correspondent IN. President
If the company said that this was not
special transaction. but could not say
whether this was indicative Of tn. cur
rcncy movement to the East or not.
The bank statement was even better
than expected. withstanding large
shipments to the West and South. the
banks gained over, $4,000 in cash.
Loans were reduced nearly 3oO, OO. A
| feature of the exhibit is "A further In
crease In circulation of over 3l.OoOOU
The, gain In reserve is ti.3oS.l25 and the
banks are now only ST. 137. .675 below the
% per cent. legal requirement. IL this
long before Clearing House loan cer,in-
least.
The following are the comparat,. figures:
Loans 3tOJ,atO 100 $in,. 400 D-. 81, aa2. 500
Specie .. nsShs's"" ,,2 400 Ssa5G'o@ In +sIsi@
peps aI0aO:, 400 $40 47a,goO In. iI1,3VO
Cr,u 7.7as,.n s7so,.oo In. Lose, 900
The Treasury, Department Yesterday
purchased l6l OOO ounces of silver at %. 15
The steamed Clenfueg"s, which ar
rived from Havana this morning
brought 5000 in Spanish !a gold coin to
the Market and Fulton National Bank
Thr So.t' go sh-rie imported this week
from Ilv"rp"oi, siiSao6 gold, I'D, on on u ,ns h.
Fucrst bismarck. from hamburg; s.,
216.2'l gold, ON the Ems, from Bremssn
Teutonic, from Liverpool a,ioi ,aSs gold,
on the Columbia. from Hamburg;
ssA;7D gold. on the Trqv... from Brremen
INA shs soy.han'o1 nna S E9d on
ton. The remninder ssltsl6 came from
the West Indies. Total imports for the
year to date. S39. .02O. Sl3.
posted rates up to 4.S2 IL ana 4s7 IL.
President Billings announces himself
opposed to any scrip dividend by Chi
he opposed by the people who are carry
ing the floating debt OF the Company.
The sales of stocks were 1880 shares.
In the unlisted department 800 shares
Of Sugar and 5l5 Lead were traded in.
The American line steamer Paris. sail
ing to-day from southampton for New
York, viii bring f2j0oo gold for Amer-
can houses. Th. cunari line steamship
/ Jmbria. which sails to-day from Liver
pool for New York, also brings f25.voO
moskier. Wood & 60. are advised of
!, shipment of $2OoOoO gold from Europe.
rope.
The total bank clearings Of all the
| Clearing Houses Of the country for the
week ending to-day. Aug. 2G were s65a.
| g3l 203, against 72oI56.0 OLE last week and
s97S,3lO,2I6 the corresponding week OF
| last year.
The imports. exclusive OF specie at the
port of New York for the week were
ss,5il .GS5, of which 32.96o,437 were dry
goods and 62sl l9s general merchandise
The report OF Isl roads for the half
year of 1893 shows gross earnings Of
3i3s, ,G62.s0 an increase OF sl5.l9o l4s; ex-
penSes. S3ll S4l, ,0l3. an increase Of Sl3.s62. :
3i5. and net. SIG. S2l, 7s7. an increase OF
81. .257 S3i
The Atchison Company has declared
2l-2 per cent. Interest on its income
gold bonds not exchanged for I'd mort
| gage class A bonds.
| President Uughitt saws the Milwaukee,
| lake shore and Western will be oper-
|uted as an integral part OF the g. a.
y. W. after Sept. !. 1t was recently
| sold to the latter line.