The evening world. [volume] (New York, N.Y.) 1887-1931, 1894-07-13
Emo OF STRIKE A|Ds BULLS.
General Advance Follows the
News from Chicago,
Grangers, Sugar and Gas Lead the
Upward Movement.

The announcement by President Cleye-
land that he will appoint an Arbitra-
ton Commission 20 go to Chicago ana
look into the labor troubles there was
favorably interpreted at the Stock Ex-
change this morning.
The market was anything but active,
but prices were higher all around. and
there was further covering of short con-
tracts by timid traders. The fact that
the Western roads are again accepting
periShable freight shows that the
blockade has been lifted and that mat
ters are once more getting back to
something like a normal condition.
There is still no desire to branch out
In new engagements. however. and this
| morning the oh inges, with one or two
e cen rynS were confined within ex-
| ceedingly narrow limits.
american Sugar rose IL, to 9s 5-s;
EH sSstS SIS Ss to 7 t as4lns Senera
sis 5! u.s. Western sis M! ESion Ps' ss
a s,,i Rock Island 49, to 81; Reading IS;
American Tobacco -. to 50.
me estimated gross earnings of the
| Louisville and Nashville Railroad for
sls,sso,S77. decrease Of $40, 49,; oper.
atins expenses, sll ,sl3,569. decrease of
s2,56soi: net earnings, s1,4s2,531 a de-
crease or sl.ot7,667 The directors have
passed the following:
| In view OF the untayorabIe busip "a. condition
prevailing throughout the country. It is believed
to be for the best interests OF the stockholders
that the Company's resources should be kept in
hand. It was therefore resolved that this Board
does not deem It eNpedent to declare a divi-
| dend out Of the earnings OF the Company for
| the fscal year ended June 80. 1885,
The imports OF dry goods at the port
| of New York for the week we're ST.
S6e2,, anu the amount marketed, H..
ll6sSsl For the corresponding week Of
amount marketed, S2.l39.7l9.
The iinseed OH people deny that Vice
PRESIDENT Hanford had Endorsed large
banks claim that the Company Is a Dor
rover only on oil certificates, which need
no Endorsement.
President Cable. for the Rock Island.
and solicitor Green. for the Lake Shore.
yesterday formally accepted the new
elevated track ordinance recently
passed Work is to begin In thirty
| days.
The Comptroller of the City of New
York has awarded to Harvey Fisk g.
Sons s2500o0 IL per cent. assessment
bonds payable Nov. !. 1899: at lol.G7. =.
| Money easy at | per cent. on call and
. a 3 on time. Foreign exchange a shade
easier in tone. Both the demand for
and supply. of bills is Light. Bankers
at i.sS 4.ss -. The inquiry is SO small
that expected gold exports tomorrow
| may be averted after all.
Commercial bar silver declined to 6.
| Mexican dollars are unchanged at 81.
Bar silver in London sold at IS I'D. per
| ounce.
Bankers calculate that the banks this
| week have gained in cash from move
ment about s2,OO0.OOO. and stand even
| on Sub-Treasury operat tons. They have
lost In gold exports about 81. 100000.
The bulls gave prices another lift on
the announcement that the American
| Railway Union strike had been declared
| OFF by Debs. There was brisk covering
movement In the Changers. Sugar and
Chicago Gas the last mentioned dis.
playing the greatest strength. 1t scored
rise of points. Louisville and Nash
Vile ard Big -Four jumped I a IL on
purchases of a few hundred shares. The
supply of stocks is certainly smaller than
the bears had any idea of, and forced
covering movement would probably lead
to some marked advances.