Evening star. [volume] (Washington, D.C.) 1854-1972, 1894-12-07
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FINANCE AND TRADE
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Prices Were Uniformly Advanced
. .....-..... This Moaning. So.
GOLD TO Be EXPORTED TOMORROW
The Public Keeps Aloof From
,.~:..,-- Wall Street.
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GENERAL MARKET REPORTS
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GENERAL MARKET REPORTS

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Special Dispatch to The Evening Star.
NEW YORK, December Following a
narrow and irregular opening. prices were
uniformly advanced. this morning on a
well-distributed volume, of business. Lon
don sold a, few stocks as the, result OF ap-
prehcnsion as to the ability Of certain OF
the International issues to continue divi-
dends at the present rate. The engagement
Of 81 600 m gold forc export tomorrow
had depressing tendency, but the pros
poets of an early and favorable disposition
of the railroad pooling bill now being con-
sidered by Congress counteracted all ad-
verse influences, and led to general de-
mand for stocks The short interest In the
grangers was considerably reduced on this
prospect. as the bill In question will d.
rectly benefit this group of stocks.
The Improvement elsewhere was largely
sympathetic and confined within smaller
limits. Burlington and st. Paul gained
1 "a and l IL per cent, respectively, on
good volume of business, in which recent
sellers were conspicuously active. ROCK
Island and Northwest were advanced "a
per cent each on trading of similar char.
acter. Manhattan was marked up Ia
per cent on moderate trading and Western
Union gained "a per cent on trading Tor
both accounts.
The regular dividend will be declared on
the latter. stock some time during the
coming week. The sentiment OF the
street was less gloomy than on previous
days of the week, but should the public
continue to withhold its support today's
q traders rally. q
The failure Of the sugar people to pub
lish statement in defense Of recent at
tacks was generally regarded as decision
in favor of good policy, and inspired a re-
newal of buying, which resulted in adding
4 per cent to first prices, The opening was
modelled on. the same sensational plan as
that which characterized initial trading on
the two preceding days. The transactions
were usually in large blocks, and less at
tributable to the efforts OF the manipulate
ing interest than formerly.
The opinion Is steadily gaining ground
that the long side OF this mysterious and
volatile stock Is the least hazardous.
There will be setbacks. Of course, but the
accepted theory Is that the more pro-
nounced tendency Will be upward. Chi
cago Gas was advanced fractionally on
limited purchases, and is growing in favor
with the more conservative operators In
the industrial issues, The company is
more than earning its present dividends.
and Is expected to make a better market
showing at the first Indication of q broad
ening speculative tone, .- ...
The bank statement tomorrow will show
a large decrease inTreserve as the result of
additional items INCIDENT to the bond pur-
chase. More gold certificates have been
turned in for redemption during the week
TRAN at any time during the year. The re-
suit of the banks Operations at the sub
treasury will reflect a loss Of nearly $1,000
COO which will be partially offset by gain
of 100000 from the interior currency
movement uJ0l
The last hours trading was active at the
best prices of the day. sThe grangers were
prominent In the final dealings, adding
fractionally to the gains above reported
Sugar sold up to the Highest point of the
day during this period and was in good
demand. The net Result of the days busi-
ness was generally favorable to values.