The evening world., 1894-07-23
SUGAR CLOSES WITH A RALLY
Bankrupt Properties at the Lowest
Figures Yet Recorded.
Sugar the Most Active Specially In
To-Day's Trading.

1t MAS all sugar at the Stock Exchange
this morning. The stock FIRST advanced
a point. to ln3 Is, round amounts chang
Ing hands on the way ny, but as soon AS
the short interest had been less.nrd a
reaction set III aud sales were made at
l0Gl-S
The bulls still claim that tJe Trust viii
get ample protection. and they are Ger
tainly backing their opinion with good
deal OF confidence The general market
continues as sluggish as ever, and prices
a. A rule were fractionilly lower in sym
patty with a decline of is to l.. per cent
at London.
Atchison bonds were pressed for sale
ana declined Is per cent, to 20 for
The revelations made by Expert Stephen
Little in regard to the enormous rebates
paid 10y the Company for several years,
disturbing effect on all railroad securi-
les. The Reorganization Committee of
the Atkinson, however, declares that the
figures which We're made the basis for
its plan were taken from the books
| for the past twelve months and that
| no rebates were paid during that period.
Hence the reorganization Will not be
interfered with. The discovery that
such bookkeeping methods were re-
sorted to before, however, has unioubt-
eily, led TO iiqudatIons. especially by
! foreign holders
Distiilrrs fell IS, to IS -; Atchison rs,
| to 3 L.: ST. Paul SIS, to ~ rs; Union
Pacific IS. to e1-i General Electric Ia,
to 1851; Missouri pacihc ,3s, to
10 10 Ia In tn, specialties Wisconsin
| Central dropped 5-S, to / a. Pullman
rose IS. TO loo rs and Hooking Valley
Bar silver IL London rose to Is ll-l6l;
at g. IL and Mexican dollars at 80 81.
There is very limited demand both
from mercantile and speculative Dor
rowers. Foreign exchange is firm, and
the posted rates were advanced to ~
4.s7 il "A 4.S -. and sight at ass IA a
i.ss L.. The supply of bills is exceed
ingly small.
The bankrupt. properties &bsorbed n
Union Pacific, Atchison and Northern
Pacific were pressed for sale and
touched the lowest figures: yet recorded
the weakness being ascribed TO the de-
velopments concerning the Atchison.
Union Pacific sold down to 81 "a. Atchi-
son to 3. Northern PACIFIC preferred 20
AIS, ST. Paul to 5S 3-s Sugar to 10! IA,
Manhattan 10 ll5, Missouri Pacific to
| - IA. and so on.
| and at intervals We're entirely ueNoli
| OF animation Subsequently, sugar RAJ
lied to 1913. and the general list deNel-
oped "A steadicr tone.
The St Paul earnings for the frsi ana
! second weeks of July were given ont to-
! day and as was expected, they showed
! a heavy falling OF as compared with
| last year.
For the first week the receiptS M-i''
| sac ais "A decrease of S534 ,U92. ana for the
second week ST. 1U7. IL declease OF SOL
SgT o.,
The lowest quotations of thu dal !ur
stocks was touched around delivery
hour, following which Sugar suddenly
| Jumped To l0J IL on heavy purchases.
owing to rumors from Washington mat
/ thee would be no Tariff bll AZ al AZ
! This session The general list recovered
part OF the early losses in sympathy
with sugar Sugar closed at l"i 5-s.
The sales of listed stocks ,w"r" $50
shares, In the unlisted Department.
II. 100 shares II Sugar and l,~r Lead
we're traded In.