The evening world., 1893-12-29
IN STOCKS.
Bears Have Control in the Early
Hours.
But Later on There Was n Covering
of Short Contracts.

There is no noteworthy change to re-
port in Wall street conditions. Money
continued a drug. but this does not
revive speculation, aS railway earnings
are poor, and the public Is absent be-
cause of the losses sustained in imam
cIal and commercial circles during the
past year.
Tn. bears continue in control and the
rallies that occu. are due to their ma
nipulatiOns rather than to the efforts OF
the recognized bulls. The bear leaders,
whenever they find the short. interest un-
wieldy, try to force It out OF the market
In order to have the field clear for them
selves. The little traders are kept guess
lnE, and few OF their speculative turns
bring them any profits.
Atchison declined | "a to 10 l-2, Man
haitian. / - to 20 -; St. Paul, "a to
80 -; southern Pacific, ! to 10; I.ackn-
81 a"S New EnF IA ID. 81; N to e sss. and I'd
Louisville a Nashville rose / 81 to ii 81;
chicago Gas, | II to 60 IS; DIstiilers,
and Western Union, IL to s. -
Stocks improved under covering OF
short contracts and purchases by Lon
don. II was said that the foreigners had
taken fully 1900 shares Of Louisville
d Nashville alone. The buying If odd
lots was a feature Of the market.
The advance from the lowest figures
". we HIDfIlnk WIS IL TO Z ~ per cent,
There vas n brisk borrowing demand.
mon Pacific. Western Union. Burling-
ton. General Electric and Louisville com
manded l,l2s to l,32 for use.
The Della ware. Lackawanna e. West
ern RR. Co, has declared the regular
quarterly dividend OF / 81 per cent, pay.
able Jan. q. 1894.
The Northern Pacific viii nay intere4'
issues. on ian. l..
v,ic"-President I, f. Gates. Of the Cen
trhl Pacific Railroad Company. says with
to the rumors In circulation. both
here and in London, that the Central
Pacific will he taken from the southern
Pacinc ana that the guaranteed dividend
VII b passed know nothing about
started for speculative purposes"
The Canadian Pacific earnings for No.
vember show, Gross. 2,Ois, 1877: operating
EXPENSES, H,l3l,0sa; net. .9l7.alt From
operating expenses. sl2. 1857 .si2 net. 81
100. go. Tho net decrease for November,
lsss. was $3.50. and the aggregate net
Money was offered In round mounts
At ! per cent.
Sterling exchange was easier in tone.
The inquiry, was light. Bankers sixty
II $50 n 4Si IL.
Stocks were weaker during the after
noon. reacting - tn | 5-s per cent. hut
nj the close a steadier feeling prevailed.
80, '' - |
The sales Of stocks were l95. 500 shares.
IN the unlisted department 1900 shares
Sugar and 40 Lead were traded In.
stephen Little VIII early next week
II the Philadelphia 4 Reading Railroad
company and the Philadelphia & Read
mE r"nl and lron Company. The ac-
up separately up to Nov. 70.
Nice-Fresident Mccullough. Of the Erie
Committee states that no
INC NtI lao t,nlA La. .L-. a.. /
NTH next week and possibly not then.
Il is again reiterated that the plan OF
'eorganization will provide for a blanket
nTr,KaEe OF s.o,Wo,o 600 at : per cent. and
The receivers Of the Richmond g. Dan
'ille Railroad system announce that in
crest Will be paid on the receivers Ger
iltcates. issued June "a. 1892, on Jan. /.
.Si. at the Mercantile Trust and Deposit
II Baltimore.
Also the interest coupons due Jan, l.
s9i, on the following bonds at the cen.
raj Trust Company, of this city: West
I'm North Carolina lst mortgage bonds
a. pittsylvania lst mortgage
Roswell Railroad LIST mortgage
'onds, Richmond. York River q Chesa-
Railroad LIST mortgage bonds and
ne overdue July. 1893. coupons OF the
u Danville Railroad Com
,any.
The Richmond, York River A. Chesa.
'eake bonds must be- presenteI for the
Endorsement OF interest thereon.
TIL existing lease OF the Central Pacific
~ the southern Pacific guaranteeing the
lirSl named 1850, 100 annually for lIyi.
lends. has been modified. The modifca-
that has been made eliminates the
suarantee Central Pacific will now re-
eve all It's net up To s per rent. on It's
took. thereafter dividing with the South
I'm Pacific. The Central Pacific bonds
ire In no way affected.
The original lease from Central Pacific
o southern Pacific, made in 1855. con
aimed the following provision
II at amy time It appears that nv the
operation of this agreement, either party
$ being benefited at the expense OF the
,ther, then this agreement shall he re-
~. the operation thereof"
4 w. Seligmnn Il CO.. will shin
10000 ounces of silver. Handy & Har-
nan 10000 ounces Hoskier, Wood & Co, |
0o, 900 ounces, NesslaEe. Colgate & Co. |
200, ounces. Heidelhach, Ickelheimer &
~; 5000" ounces. Muller. Schall a. 90.
ounces and Zimmerman e. For
HAY 10000 Mexican dollars, AL on to.