Evening star., 1893-09-22
LITTLE CHANGE IN WALL srsxy
Prices Up n Little, but Duliness ~
ed the Market.

ed the Market
Special Dispatch to The Evening star. z
NEW YORK, Sept. 2a.-roday.v r,>.>
opened at an advance OF Ia To 4 cer 80
but its general characteristics ,,r~ =.
changed. The tug OF war continues ,v4sA
hohors evenly divided ana rrices. outsnHn
OF the specialties but little affected.
LONDON was dull at about our closfnn.
out dld nothing OF Importance on this ma
~ iraaers were uncertain as to what mieA9
pe considered fair price for LouisyfllS
ana Nashv1lle and experimental quite fyoo-
y during the FIRST hour. After openinr =
point to %, IL sold up 10 IS cash and iae1,
ae ae.ahced enc 70 % Il regular way. The stoca
OF this company has suddenly become vsr1
scarce In this country and cannot be eas11v
borrowed even at a premium The yelloV
Fever scare attracted the attention OF t.
peaa larry 10 thls property and their oa1v
proht was valuable experience
Distillers came in for a fair shars -
manipulation and advanced "a per cent frs0
the opening to 24l-S
Rumors that the next dividend on Led
common, was TO be passed was the sisnnt
for bear attack on that stock which -
suited In a loss OF BIZ per cent. Tho
custom has been of late TO declare the No.
vember dividend at the September meetfng,
but yesterdays meeting adjourned without
taking any action on this subject Tha
non-action no-dividend' theory was ren-
orally and speedily accepted with the above
result President Thompson says that h1D
unavoidable absence from town was tho
real reason why this question did not come
up and that a special meeting VIII be calls1
Tor the purpose. but declined TO state aa1
time.
New England was strong on q rropoesd
extension of its lines as to give it a de-
sirable entrance and terminal in this city.
brokers familiar with the inside workings
or the company have quietly picked up Q
considerable block OF this stock within the
last Few weeks, and are predicting highs
prices Tor II In the near future.
The foreign exchange market is now at
tracing considerable attention by reason
OF the scarcity OF commercial bills and the
recent stinenig up of rates which are daily
approaching the exporting point Another
generally accepted reason is that bankers
are not disposed to extend their operations
Mhlie i, the hight OF the repeal bin IL stin .
SUBJECT fer speculation.
Posted rates today advanced TO 4s5ass7 IL
Germany Is again in the market for gold,
ana VIII make a determined effort to SUD-
ply It's wants In our market and may sue
ceed unless our money policy n IN the
nneanume adjusted and foreign houses
asaln Deg1n the purchase of our securftiea
The clearing house statement for today
SHOWS exchanges. s65 ess. 27; balances 81
ance, sSs7 PAS
The loan committee Cancelled soso ooo csr-
,l ,incates UP TO noon today, and other large
docks VIII soon be returned. Chicago ana
northwestern earnings for the month OF
august show a decrease Of sx5s s4s Con-
oiuons are favorable for a good bank state
ment tomorrow, as the banks have gained
steadfiy from subtreasury operations and
.ioII o.hei sources sufncient TO make the
total gain In cash for the week In the neigh
borhood Of SSOD0oOO
The closing was dull. with SLIGHT coucse-
sions from best figures.