The evening world. [volume] (New York, N.Y.) 1887-1931, 1894-08-28
BEARS WERE DISAPPOINTED.
Whiskey Prices Did Not Take the
Tumble They Expected.
More Rumors Current About the
Big Trusts Intentions.

The consensus NJ opinion in stock cir
Giles before the opening this morning was
that the failure of the Whskey Trust
to raise the s.. 100000 loan would lead to
a repetition of the recent remarkable
fluctuations in the shares.
The bears boldly asserted that the
stock, which closed at 10 5-S yesterday.
would start off several points below that
figure, and that tremendous rush to
sell would be made by the deluded GER
tihcate-holders. AS is frequently the
case when such positive opinions are
expressed, the actual occurrences were
wholly different from the predictions. AS
soon as the gong sounded $500 shares
changed hands at 19l-4 down TO
IS "a. 1t then sold at 1878 Is IA and
IS rs, which changes were disappointing
to the tailers. who hoped to reap rich
harvest from wide fluctuations.
1t is reported that UP TO the close Of
business yesterday the Trust had taken
from bond about s2.5OOOOo of spirits. and
that having been unable to raise the
money to lift larger amount of goods.
will probably contend in the courts that
all whiskey in bond Is entitled to be
withdrawn at the old rate of 90 cents
gallon, or, failing in this. will set up
| claim that under an old statute they
| have two or three weeks In which to
pay taxes on whiskey that has been
| ordered to be regauge1.
All this, however. Is regarded as a
bluff" in Wall street, and fitting con
| clusion to the checkered history of the
| Trust and willy manipulations of its man
ayers. The sales of Whakey IN the first
| hour this morning were 2lOOO, aga inst
| $1,000 shares for the same time yesterday.
The general stock market opened firm,
but as London failed to respond a reac-
| a. ,nt tvta-
portant. ranging from IA to II per
| cent. Burlington & Quincy fell Is, to
rs 1-2; Chicago Gas IA. to Is "a: st.
Paul 81 to s. "a; Rock ssl Island 7.S , to
Louisville & Nashville 7-s. to So IA; Erie
Ia. to 16; Reading 5-s. to q Is: Rich
mond Terminal IL, to "a "a; Omaha IL,
Sugar SIS, to III 1-2; Western Union "a,
to 80 Is; Atchison 3-s. to 6 SIS; Northern
Pacific pref. rs to IA, and General
stocks National starch jumped / IL to
IL. and later reacted to II:
The Reading statement shows a de-
fcit for July by the Railroad d, Company Eog
year. The Coal d Iron Company had a
surplus for the month of SOS, com
pared with a deficit last year of SIG, 295
The Pennsylvania Railroad statement
Of lines east of Pittsburg & Erie, for
a. and shG~ decrease e net Of si2 $50, Lines
|
gross Of sos, 22s. and decrease in net of
The exports, exclusive of specie, from
the port Of New York -, for the week were
Sc, 754,304, against q, 1886. 5o7 for the cor
responding week of 1893.
| The Rothschild syndicate has made a
division of the profits arising from the
Austro- Hungarian conversions In con
profit amounts to $4,000 forms about
1906, 0OO and was Las per cent. on the
amount handled.
Bar silver in London declined, to
30 I'D per ounce. Commercial bar here
fell off to IS u. Mexican dollars how
The money market continues easy at
firm at 4S5 "a for bankers long and
4S6 "a for demand sterling.
The statement of the Chic. Bur. &
$751; a decrease OF s57.155. For the
seven months ended July 81 the net
earnings were s6,155,593. decrease or
The gross, earnings OF the st. Paul &
Omaha road for July were $4OS.0i6, a de-
| crease of $l4S, 1856.
Union Pacific Railroad. Fitzhugh Lee. T..
Ellery Anderson, J. NJ. Paddock and j.
w. Doane. will meet In this city to-day
annual report. which is to be filed with
| the Secretary of the Interior on Sept. 1.
The Chicago & Northwestern Railway
| Company Is now paying its funded In
A majority OF the bondholders of the
Evansville & Richmond Railroad Com,
pany have assented to the plan prepared
ment OF the Companies Indebtedness.
The time within which the non-assenting
bondholders may accept the plan will
expire at p. NJ. on Friday.