The evening world., 1893-10-19
THE MARKET CLOSED STRONG.
Talk Of Prompt Action by the
Senate on Repeal.
Brayton Ives May BE Union Pa
ciCc's Next President.

The stock market was weakened at the
start this morning by the receipt or
lower quotations from London, but sub
scquently the bulls rallied to tn" sup
port Of their specialties. and a general
advance ensued.
The dealings were purely professional
and attracted little attention outside Of
the -four walls of tn" stock Exchange.
Chicago Gas fell 7 8. to ~ IL: American
Sugar IS. to 81 -; Reading 3-s, to II Is.
AMI Western Union 3-s. to 81 81 but
Western ur,on L. to 82 81; Rock Island
IL. 10 81 IS, bist!llers as. u 20 5s; Gen.
cral Electric l-2. to ~ IL: New England
3-S. 10 ~ IL. and Northwest "a. 10 100 L..
The success OF the Ives-RelmOnt Tom
mittee In their fight against tho Willard
interest was the subject of much dis
cussion in stock circles. The committee
having secured proxies for nearly i2O,VT
the fight.
charles r. Barney and William l.. Bull
have been, given places as representa-
si6,ooo,ooo Of the bonds. of the road.
August %ltutten. is also on the ticket
been in this country for some time in
We stigating the affairs OF the Northern
Pacific. DR.. Siencns was rendered a
position In the konrd' but declined. ~,
VI "'N''i'' - Wv ~ ~ ~
Northern Pacific proxies received. which
the inspectors of election will be un-
able to compare with the stock list for
several hours. n recess was taken until
IL o'clock tomorrow,
1t Is sail that Brayton Ives will be the
neXt President and Robert Harris Vice
President. Treasurer Baxter may be
Counsel for Northern Pacific receivers
states that the n,Enlicati9n of the
---1 - -. Ia- 49, -. 49, t@t
mortgage Is not only "A very unusual
proceeding but will be vigorously OPP
posed by the receivers. on the ground
that it Is very insxpcdient, in their jnds,
Pacific mortgage at this time.
The Bank OF England rate Of discount
remains unchanged at . per cent. sJ Du dro
In bullion and fl5o,oo In reserve. Its
proportion of reserve to liabilities is As. As
per cent, against G.6S iast week,
Iater stock speculations. were charac-
tcrized by II very firm undertonc.. owing
to rumors that the Senate you'd prob
ably take definite action on the silver
question before tho end of the week.
the leadership of the Changers and the
Nanderbilts. and the dealings were at
tended with more animation than for
several days
The Pullman Palace Car Company has
declared n quarterly dividend of 81 per
share, payable Nov. 10.
Governments were decidedly firmer for
the a., which rose to Ill IL bid and liz
asked.
Money was easy at / l.. a . per cent.
on call.
The sales Of stocks were li7, 400 shares.
In the unlisted department -, 100 shares
Of Sugar and LOO Lead were traded in.
The Sub-Treasury had "A debit balance
at the clearinghouse to-day OF $40, 900,
which was liquidated In gold.
The ciearing-House Loan Committee
cancelled 81, 1870, 600 certificates to-day.
Total amount outstanding. So. $40. 900.
Additional certificates to the amount OF
$13O,OU have been called for tomorrow.
The National Starch Company has no.
titled its stockholders that dividends
have been passed, owing to the poor con
uition of general business. Interest on
the bonds due Nov. l will be paid.
The directors of the National Lead
Trust today voted that 1t was prudent
to postpone consideration of the pay
mcnt of dividends on the common stock.