The evening world. [volume] (New York, N.Y.) 1887-1931, 1894-07-13
EMO OF STRIKE A|Os BULLS.
General Advance Follows the
News from Chioago
Grnnacrs, Sugar and Gas Lead tho
Upward Movement.

Tn" announcement by President tlcNc.
land that lac win appoint an Arbi,ra
tiun 'rnmi sion - w to Chicago aud
look Into the tabor trvubloo there was
taNorably interpreted at the Stock EN-
change tins morning
The market was anything but active.
hut prices were higher all around, and
there VAS further covering of short con-.
tracts by t'nid Traders. The tact that
the Western roads are again accepting
pcrishahic freight shows that tn,
blockade haS been lifted aud that mat
tors are once more getting back to
something like Il normal condition.
There is SIN no detiro to branch out
III new engagements, however, and this
morning tn" Oh i1ses. with one ar two
.Nr"p;iuas. Mere confined within ,N-
cecdngly narrow limits
American Sugar rose -. to 9s as,
Chicago Gas II TO 49, General
Electric h-S. TO 377S. Burlington y
Quincy H. to II I-S: Missouri Pacific
is, t. ~ IS: Western linton -. to
VI o-S; Rock Island IS, to 81; Reading &-S.
to II ~: ST. Paul IL. to 80 -. ana
American Tobacco Ia. to So.
The estimated gross earnings or the
Louisville and Nashville Railroad for
the fiscal year ended June 30, last. are
SlS.96o,S77, a decrease OF 3.+i2, Ise; Vvcr-
ating expenses. 1873. j6s, a decrease OF
s2.j6907l; net earnings, il,4S2.5& do.
crease of sl.047.G The directors have
passed the following:
In Wow Of tho unravorable business condition
M"Nailtng throughout the country. II w believe
I" he Tor the lest interests OF the ttockloidcrs
hand. II was therefore resolved that this Board
Ices not deem 1t exrcdient TO declare divi-
lend uit OF the earnings OF the Company for
tho fiscal year ended June so 1885,
The imports OF dry goods at the port
of New York for the week were ST.
i&92l. and the amount marketed. 81
iiS,5'l, For The corresponding week Of
amount marketed. s2.lSs.71a.
The Lnseed OIL people deny that Vice
President llanford had indorsed large
amount of their paper. and Chicago
rover only on oil certificates, which need
no Endorsement.
President Gable. for the Rock Island.
yesterday formally accepted the new
elevated track ordinance recently
passed Work is to begin in thirty
days
York has awarded 70 Harvey Fisk Il
bonds payable Nov. i, 1894, at ,olo7.
Money easy at / per cent on call and
easier in. tone Roth the demand for
and supply o. bills lie light. Bankers
Go-days sold at 4.s7 ID 4,7 IA. and sight
at ass 1855 4. The inquiry is SO small
may he averted after all.
Commercial bar silver declined to e..
Mexican dollars are unchanged at 81
Bar silver in London sold at % lid. per
ounce.
Bankers calculate that the banks this
ment about seoooOoo and stand even
lost in geld exports about l.5oo, eco,
The bulls gave prices another lift on
the announcement, that the American,
off by Debs, There was a brisk covering
Chicago Gas the last mentioned dis:
n+ 4!e Of s S scs f.gsns SSTh
| Vile ard Big Four Jumped d l." on
purchases of a few hundred shares. The
supply of stocks Is certainly smaller than
covering movement. would probably lead
to some marked advances.
The steamship Campania will take out
aGr E1Fops Ser the osas
Co. $1,000 ounces: Handy & Hartman,
Go.O00 ounces: Zimmerman & Forshay,
rs. 900 Mexican dollars.
afternoon that none of the bankers had
contracted for gold for shipment to Eu-
rope tomorrow.
There was one notable exception to the
strength Of the general market in the
late trading. The bears bounced upon
Distillers, and on report from Wash
ington that matters looked less. favor
able for the Trust in the way OF an in
creas ed tax on spirits, succeeded in
knocking the stock down from a to
Il So The trading, was not particularly
active. ard the fluctuations otherwise
were merely fractional.
Outside OF pistillers there was no pres
sure to sell. and prices were well main
tanned. In fact, speculation showed
greater resistance to bear attacks than
for weeks past. and final quotations were
the best of the day.
The story in regard to Distillers was
that the tariff conferees would make
the tax on spirits sl.0O, instead of 81.
a gallon, and the bonded period five, in
stead of eight years.
The sales Of listed stocks were $500
y unlisted Ipnn me