The evening world. [volume] (New York, N.Y.) 1887-1931, 1894-07-11
BETTER FEEu|NG IN STOCKS,
Brokers Believe There Will Ee a
Truce in the Strike.
Sugar Went Up on Favorable News
from Washington.

When the gong sounded this morning
as signal for the resumption of bust
ness at the Stock Exchange. 1t looked
as though the bears would meet with
more success than heretofore. but the
sellers OF stocks at declines of is to
ga from the final quotations of yester-
day soon found out their mistake.
Word was received that the order call
ing out the knights Of Labor had been
amended so that instead OF the men
stopping work to-day they would con-
tinue in their places at least until Fri
day. The natural supposition Is that a
truce may be fixed up IN the mean time.
or the various trades unions may decide
1t mpoitc tC strike.
1t Is evident that the labor organiza-
lions are not u unit in this matter, and
Quickly without; shedding any more
blood or furt her destruction to property.
The bulls ON Sugar We're the first to
show bold 'front.' Iney put d the stock toe
| from Washington that the Trust would.
after all, succeed IN getting the protec-
ton desired. While there are many
sufficient to produce a quick advance.
In the rest of the list Burlington /
Quincy rose IS to : P III; Chicago sS 90 Gas:
Rock island. "a. to 81 -; pistiilers. "a.
to- "A 10; General Electric, 5-s, to SO rs;
Missouri PACIFIC, IA. to q; Lead, rs. to
Ss,t and L9p Wss1ern un HssA i 10 a.
~ H iIei ickelheimer & CO. will
ship 100000 gold to Europe tomorrow
on the Fuerst Bismarck. The strike has
| checked the export movement of pro-
ducts materially. and exchange being in
ternativs s'P and are forced to ship ' the
| yellow metal,
Money WAS in abundant supply at !
per cent. on call. Sterling exchange
was dull and steady. The market IL
expected to resume its normal condition
eommerciai acceptances is looked for.
To.morrows gold shipment is consd;
6o-day bill Is sold at 4.s7 a 4.s7 1-2, demand
at LIS IL and cables at 4.sS L..
Silver was weaker, bar silver in Lon;
Mexican dollars s. here to 81. commer e
bar sold at c. l-2. The undertone of the
market is weak, the demand from Lon.
Ing a sharp decline when shipments
from the producing sections are re-
is delaying shlpmenas. Shelters say
tailed because OF the railroad blockade.
IT is stated that the keorganlzatlo r
Louis Company proposes TO satisfy the
Rock Island claim. so as to prevent 8
foreclosure. The Committee has under
consideration various means and ways
TO this enl but has not reached a con.
clusion. Under Adhesion from the lower
court Rock Island was given authority
to foreclose upon six weeks advertise
ment after the 10Th OF June. The decree
was not confirmed by the higher court
rntil the 2Sth. Notice Of sale has no
yet been published.
The drecors OF the Louisville ant
Nashville Railroad will meet tomorrow
to pass upon the earnings for the 81.
months ending June 30. The statement
OF the results of operations will show
l-2 per cent. earned.
The upward movement In prices at thu
Stock Exchange made further progress
this afternoon, especially In the Grang
ers, Chicago Gas, Western Union, Pull
man Palace, Louisville & Nashville
Whisky and Cordage.
; There was considerable covering o
short contracts on the confirmation O
early reports that the local labor union
or Chicago were not. as a rule, accept
Ing Grand Master Sovereign's sugges
ton 10 strike.
In California the situation IL also i'm
proving. The corn carrying roads wer
strengthened by the splendid outlook 70
good crop of that cereal.