Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-09-29
IN WALL STREET.
The Market Ready TO Respond -
Favorable Rumors

Special Dispatch to The Evening st,,
NEW YORK. Sept. 2s.-Todav.. ,r.rr.s
opened irregular. with stocks In poo6 sa-
mand by traders London was lower nth
Nashville the feature at a reduc,,on ~
Ia per cent from yesterdays CLOSING T,b,.
STOCK was freely sold on this side for for
elgn account, and steamers due early pext
week Will bring over sufficient stock TO
MAKE deliveries The S5.0O0OOO addition
70 tne companys capital stock. authorized
al yesterdays meeting OF the directors,
coupled with the strike OF brakemen ana
swltchmen, now in progress are the rea-
sons assigned for the break.
There is a growing belief that senatorial
lnertness must soon lead TO a sudden snsp-
ping OF parliamentary courtesies and sec-
uonal prejudices which will precinif.ts .
vote on the great remedial measure now
prices respond to rumors of sucs 90 r,y -
nef is slight indication of what NAV be
expected when legislation is finally had and
ule stapinty or our currency assured
A further decline In sterling and = renort
that the ways and means commtttee haS
increased the duties on whisky ana to-
pacco produced sharp rally about the
noon hour' In which Distillers figured con-
spicuously, with gain of per cent. New
Englapd continues strong on Soma eood
inside buying in view of probable beneficial
property acquisitions.
Laekawanna directors have declared the
regular quarterly dividend of ] "a per cent
payable October 20 to stockholders OF record
october l. N eS'~
The pending strike along the lines OF the
bss four system has been averted by the
offlcials and men coming TO a satisfactorv
settlement OF all grievances
Inc earnings OF the above company for
the third week this month show q decrease
The clearing house loan committee. csn-
celed $4,000 additional certificates TO-DAY
ana called $65O,Oo for tomorrow. Total
amount now outstanding SIS, ,sl5. 900 The
r,sra. .esuiar ruahnsacuons on the clearing house
were; Exchanges. s645ls.s SIS; balances. A.-
iS4 i4S 4;zUl. and the subtreasurys debit balance.
The coal stocks were all stronger ,oo.v
Reading gaining Ia per cent TO Is SO ana
Lackawanna 3 per cent TO l5o. Lake sbora
gained per cent to 10, New England a.
nahceo 10 81, gain Of points and Bur-
hngton gained l-2 per cent to s. "a
Advices from Washington announc,ro
that the passage OF the repeal bin was as,
sured caused sharp advance In prices
throughout the list during the last horr
NASHVILLE recovered its early loss OF DER
cent and the industr1als which had oplv
been steady earlier In the day advanced
easily INTO prominence with creditahle
gains. Just how far the Improvement win
extend viii depend entirely upon the degree
IN which these reports are verified by the
Senate's actions The closing was strone
ana confident with prices in the peighbovs
hood Of best figures
The London Market.
Special Cable Dispatch to The Evening Star.
LONDON. Sept 2e-One hundred ana
sixty-six thousand pounds In gold went out
today. partly TO Germany. Money win be
stun until the dividends come out on October
3. New South Wales offers a loan OF asoo.-
Ve sterling OF as at IS l-a II is alrs.dv
suooeu at l-z premium. Americans Were
nat today on the reported power Of tie
Louisville railroad to issue 1900 0oo OF new
stock, and on the Jarvis-Conklin morteare
companies liquidation. Otherwise the
markets were quiet. Rupee paner was aas
at %. Indian Exchange was under Is pence