The evening world., 1893-10-18
BULLS TAKE FULL CONTROL.
Advices from Washington Give a
Boom to the Market
Lackawanna . Special Feature,
Rising ~ Points.

The fact. na announced In THE Even
ing World' yesterday. that the Reading
receivers had come to an understand
ing with the Spcyer syndicate, and more
encoura cling advicos from Washington
In regard to prospective silver lcgisla-
ton led to strong markets for securities
this morning. y general advance OF IL
To / l.! per C"nt took place and the
offerings were light.
American sugar rose | Ia 20 7-S. Lake
; hor". l-2 to III -; I.ackawanna | IL
t. la 81 bid: Burlington d quincy. | is
TO rs 3-S; Chicago Gas, "a to Is ~; Rock
Island. SIS to 81 L.; Delaware e Hudson.
Is to 100 Is; Distillcrs. - to 32 3-S;. New
England. rs to ISIS, western MON;
Reading. | to II "a.
l'oston advices say that the Burling-
ton q Quincy COMPANY will probably
r' Racs,y ,,s N% oT n" r l1T1n"n racinc road
are reported to have "A big snrpris"
IT. store for their connections. 1t
IL minated that they have decided
to announce a%brogntion. OF contracts
governing through traffic. which have
been In existence for several years be
tween Union Pacific and the Northwest
road, and to place Northwest on cXactly
east of the Missouri River.
The announcement OF such a policy
would he hailed with delight by all
roads with the exception OF Northwest
The aggressive stand taken by the bull
traders III to a lively covering move
mcnt by the shorts, and prices made a
LacNawnnna was a special card. and
sold up 2 ~ point" 10 10.
The SUR rising part of the whole bust
ness was that the market advanced in
IN. Cusn nf selling for IDn1nn account,
The bears were d~lscOnc- tied by the news
from Washington. about the improved
chances for repeal of the sherman law
Money was easy at 2 n 2 IL per cent.
on call. The Sub-Treasury had a debit
balance at the Clearing-House to-day OF
81, iS.O0b. which was n~quidated In gold.
Committee retired sS75 900 certificates,
leaving the amount outstanding S;24o,ob.
The sum of Sl00.VD has been called for
retirement Tomorrow.
The Boston clearinghouse has can
cellcd all but S50.0G of the loan certiti-
Gates issued during the panic.
The, market for sterling ana CONT
mental exchange was weak. owing to In,
Bankers' fO-dey bills sold at 4s2 Il
IA 1 50 "a and demand at 4.S Ia a asa 81
stocks were strong towards the close
and left off at or near the top figures.
1t is stated that the Wells-Fargo t.X.
press Company has practically decide
to increase its capital stock from $3.50,
900 to ss,ooO,OOO. The issue is to be made
At public auction today 900 shares
Essick Printing Telegraph Go. sold at .
~, hr9okiyn City Railr9ad at 81 i"1 ,, q
Marvin Co. preferred at % is
g Thurber-W hyland Co. preferred al
q is and 5000 Montgomery. Tuscaloosa
Railroad first mortgage 6 per cent. gold
bonds of July. 1929, at 10.
The Board of Directors of the Wheel
ing Il Lake Erie Railway COMPANY
have declared the usual quarterly. divi,
stock, payable Sow Is, 1891.
IN" baltimore Il Ohio semi-annual div
henl Of - per cent. Is payable Nov; j
September statement for the entire svs
TEN shows, gross earnings of s.. 26s. "a
net. SsS'. 4if; net decrease compared Will
1872. sSo.GlS. The statement for frs
quarter of fiscal year, including Septem
Der. shows Il net increase of S%O, 219.
At the meeting Of the New York. New
Haven 4 Hartford Directors n%ineteeI
than usual. The names, Of the new
Directors are Charles +: Choat an,
Nathaniel .Thayer: OF massachusetts
ltoyal G. Taft; of RHODE Island ant
Brush. of New Haven. Conn.
The New York clearinghouse I.oar
Committee cancelled today N,O7l.0W II
standing, $5,O4o.Ooo. Additional certificate!
to the amount of $3l5. V0 have beef
called for tomorrow. Total called 70,
to- morrow. SIl5, 0N.
The Treasury Department purchase
5000, ounces of silver at .7345. and ten
derel the same price for the remainder
OF the 257 900 ounces offered.
j. x w. Seligman X Co. will shil
dollars. and Nesslage. Colgate & Go.
5000 ounces of silver and e. 900 Mexican
dollars. and Hoskier. Wood & CO., 1901 90
ounces on the steamer Fuerst Bismarcl
tomorrow.
The sales of stocks were $50. 953 shares
In the unlisted department 300 share
of Sugar and 100 Lead We're traded in.