The evening world., 1893-12-07
STOCK JUMPED NINE POINTS.
Rumors Of a Deal in O., G, &.
e. St. L, Preferred.
Very Little Trading Done In the
Market To-Day.

Speculation at ,hc Stock Exchange this
morning was MS tame and umintcresting
as ever. The dealings were small and
represented little more than n swapping
OF jack-En!vca by the Board room
traders.
The public IL absen. and the profess
slonals do not feel like going ahead
while the question of tariff revision ia
undetermined. ana outsiders are devot-
Ing their attention to balancing up ac-
counts FOR the yea: rather than to Wall
street operations.
Speculation IN the main was nrm. and
the rally was assisted by the receipt of
higher quotations from London.
American Sugar rose ia to Sil-i,
General Electric IL to "a. Atchison 5-S
20. ~ Us, American Cotton OF Us Ia - l-2.
Big Four rs 10 80 IL. Northwest IS to
los Is. Dist'llers 7-S to e IS, Louisville
A. y IS :" g. Natio1ai l;sHh "a
land ~ 10 81 IL, and Western Union 5-S
4 jump, OF . points in G. c, c, & St.
tracted attention.. II being accompanied
by reports that a deal Is on foot be-
tween his Company and the Chicago II
President ingalls,. of the c.. c.. C. &
st. Louis. says:
y saw NJ. Porter this week
from n.,sant indications I s"S no i'm.
mediate prospect OF our coming 10 terms.
We have considered n trade for several
years, and have had experts 10 over the
The Evansville Il Terrc IIaute system
has close relations with the Eastern
Illinois, II Is controlled by tho stand
consummntad there will be n close All
ance made between the three systems.
The Chicago Gas directors have de-
clared a cash dividend of SS17,22C. cuuiva-
The National Horse Show Association
of America 0inited) has declared the
regular, dividend, 10 per cent. and an
capital stock, payable Dec. -.
The Improvement noted in the stock
market in the carly trading was par
!ngs continued exceedingly limited and
81. culation was without noteworthy fea-
ture.
IT Is understood that President Rein
hart. of the Atchison, Topeka a santa
re road. has succeeded IN his mission
abroad, which was to, renew certain
leans. The foreign holders named con-
dltions before agreeing TO his propcsi-
tions which friends of the Company
here claim can be easily carried out.
Money continues to rule extremely easy
at l a / 1-2 per cent. on ca. Time money
Is offered az 2 a 2l-2 per cent. for thirty
and ninety days, and at 3 n .. per cent.
for four to six months on mixed col
l%aterals. Rates for strictly prime mer-
camille paper have settled down to 3 a
4l-2 per cent. basis.
Sterling exchange became frmer as the
day advanced, and the leading drawers
raised their posted rates to ASS IL and
4.SS 1-2.
The supply of bills was smaller than
for some time. Demand and cable trans.
fers were relatively firmer than. long:
Higher discounts In London and on the
Continent had a tendency to stiffer
ratec all around. Bankers sixty-day
bills sold at 4.4 1-2 a ass. and sight al
Asst n 4.S7 l-2. The quotations for reich
marks are now right on the verge OF
the gold exporting point.
Speculation in stocks was almost n
O. standstill until near the close. whei
Chicago Gas suddenly broke from 6S L
&C "a. The general list ran off a it'll
IN sympathy. Distillers', however. wa
firm.
The sales OF stocks were 1923. 900 shares
In the unlisted department $500 share
of Sugar and LOO Lead were traded In.