The evening world., 1894-07-13
emo OF STRIKE AIDS BULLS.
General Advance Follows the
News from Chicago.
tirangers. Sugar and Gas Lead the
Upward Movement.

Tho announcement by President Cleve-
land that he viii appoint an Arbitra-
I.on Comm, sion % 60 to Chicago and
,ook into the labor troubles there was
fsvorably Interpreted at the Stock Eek
hange tins morning.
The market was anything but active.
'ut prices were higher all around. ana
hero was further covering of short con
rn"ts by Il mid traders The fact that
the Western roads are again accepting
berishable freight shows that the
blockade has been lifted and that mat
ers are once more getting back to
omething like normal condition.
There is s'll no desire 10 branch out
n new engagements. however. and this
Iornng the hinges, with one or two
'eu'Nons ser ,niined within eX.
ecdingly narrow limits.
American Sugar rose ! l-2, to IS SIS.
'hicago Gas IA to 10 "a; General
electric 6-S. TO 377S. Burlington Il
quincy H. to "a rs. Missouri Pacific
IS. T. 70 10; Western Union l-2. to
5-S; Rock Island S.s. to ca; Reading 3-S.
- Ii 10: st Paul IA, to 50 l-2, and
american Tobacco IA. to SO.
The estimated gross earnings of the
louisville and Nashville Railroad for
he fiscal year ended June 30, last, are
sS5O,s77. Il decrease Of $3,i42, 1852; Oper.
ting expenses, 81 si2,56o. Il d4rease of
4.js9o74; net earnings. 81 4s2 53l, de.
reas" of Sl,047,G67 The directors haV.
Used the following:
In view ~ the un'avorahie business condition
evai'ins throughout the country. 1t Is h"ii-ve.
be Tor the test interests Of the rtockholdcr
at the Gompary'E rcsour"eR shorld be kept In
md 1t was Their fore resolved that this Boarc
rs not deem 1t .Xped!ent to declare d!v-
md ont Of toe earnings ot the Company for
e hscGl year ended June 30. 1924.
The imports Of dry-YoDds a the port
@g2l, and the amount marketed. ST.
l55s!; For the corresponding week ~
1913, the imports were $2372 94i, and the
mount marketed S2,139,7l9.
The linseed Oh people deny that Vice
resident Hanford had Endorsed a large
mount of their paper. and Chicago
,anks claim that the Company Is Dor
over only on oil certificates, which need
Endorsement.
President cable for the Rock Island,
nd solicitor Green. for The Lake shore
yesterday formally accepted the new
passed. Work is to begin In thirty
lays
The Comptroller Of the city Of New
sons s25Ocoo 3 1-2 per cent. assessment
DDnds payable NOV. l. 1899, at l0l.O1.
Money easy at per cent. on call and
a . on time. Foreign exchange shade
nd supply bills is light. Bankers
O-days sold at AZ 4.s7 IA. and sight
4.S a 4.8 Ia The inquiry is so small
hat expected goiI exports tomorrow
'ay hc avcrted after all
Commercial bar silver declined To 81.
ieXican dollars are unchanged at 81.
'ar silver in London sold at IS I'D. per
/ unCe.
Bankers calculate that the banks this
week haze gained In cash from move
nent about S2.O0v0O0. and stand even
~ snb-Trea opera ,!ons. They have
ost In geld exports about 81 10000.
/ Tn" bulls gave prices another MT on
! the announcement that the American
hallway nion strike had been declared
1 off 10y DHbs. There was a brisk covering
! movement In the Changers, Sugar and
Chicago Gas the last mentioned dis,
playing the greatest strength. It scored
IA rise OF points. Louisville & Nash
Vile ard Big Four jumped a l-2 on
purchases OF few hundred shares. The
supply of stocks Is certainly smaller than
the bears had any Ideas of, and forced
covering movement, would probably lead
| to some marked advances.
The steamship Campo MIA Will take out
~ Europe tomorrow the following
%, $1,000 ounces; handN q liarman,
0ONo ounces; Zimmerman Il Forshay,
/ 5000 Mexican dollars.
II was given out definitely late in the
fternoon that none of the bankers had
Contracted Tor gold for shipment to Eu-
one tomorrow.
There was one notable exception to the
''rrnTth OF the general market In the
ate trading, The bears pouncel upon
'istii'ers, and on report from Wash
lCton that matters looked less favor
,hle for the Trust in the way Of an In
'reased tax on spirits, succeeded In
knocking the stock down from q 70
II 3-s. TIE trading was not particularly
,ctive and the fluctuations otherwise
we're merely fractional.
Gu side of Ds;!llers there was no pres
urc to sell. and prices were well main,
aimed. In fact, speculation showed
creater resistance to bear attacks than
or weeks past, and iina! quotations were
he best of the day.
The story in regard to Distillers was
! hat the tariff COnferees would make
he tax on spirits Sl.oC. instead of 81 II
gallon. and the bonded period f1Ve. IN
tead OF eight years.
! The sales OF listed stocks were 10, 90
! hares In the unlisted department
1900 shares of Sugar and 900 of Leat
we're traded In,