The evening world. [volume] (New York, N.Y.) 1887-1931, 1894-08-14
BANKERS SANGUINE.
Believe the Tariff Legislation Will
Improve Business
Payments on Bonded Goods viii
Swell Treasury Receipts.
Passage Of Free Sugar Bill Not
Expected by Trust.

Wall street this morning evirced more
life than 1t has for months. The UNI
certainty is at an end.' was the uni
versal expression firm bankers and bust
ness men. regardless of party afIilia-
items, and Improvement Will begin In
all branches of business
Brokers say that they are receiving
orders from customers whom they have
not seen since the panic Of last Sum-
mer. and business on the Consolidated
as well as the Stock Exchange was
extremely lively. The galleries were
filled with people. a majority of whom
have orders with brokers on the floor.
On the Consolidated Exchange the
crowd In front OF the rail, and in the
corridor outside the main floor, was 30
great that 1t was almost impossible to
get through 1t. At the opening, at 10
o'clock, prices began to go up all along
the list Of stocks, and they Kept going up.
The sugar people are II y SAID greatly
they all refuse TO talk for publication.
All the Trust people. with the eXcep-
ton OF II. o: Hayemeyer. are out Of
the city, and Mr.. Havemeyer refuses to
see reporters.
The Trust. according to report. has
been buying raw sugar the world oyer
during the past two or three months.
$loo, 900, 900. Treasurer John e. .searles,
Of the Trust, disputes this, and in a let
ter to Chairman Wilson says that the
American Sugar Refining Company does
not exceed Sl2,O0 900. represented by
900 tons Of sugar
Should the free sugar bill which the
House has promulgated. be passed by
the Senate, 1t would cause the Sugar
Trust to lose an immense amount of
money on its large purchases Of raw
the present tariff bill. but sugar men
this morning. laughed at the idea Of the
House bill for free sugar ever being
passed by the Senate.
Tariff bill. 1t 10 conceded by business
has insured a revival Of business se-
American Exchange National Bank,
says: II look for an immediate reyiyai
Of business. The passing Of the Tariff
eli 70
Cc :ala suspense Is , Hv sI
it points to the defeat Of the Demo
cratic party at the next election"
p 4estsr Of the
At could have been conferred upon the
country than the action taken in Wash
ington. Congress will be blessed by la
poIerb ana pusiHess Heh dihe III every
walk in life
Cashier e. o. Leech, Of the Union Ma
tional Bank. thought that the passage
uncertainty. People now know what
they could depend upon, and could go
ahead with their business upon a GER
tain basis.
At the Custom House 1t is expected
that there will begin at once an UMPIRE
cedented Withdrawal of goods from the
various bonded warehouses. Deputy Col
house Division, estimates that at least
there are 1,500, 900 packages of merchan-
disc at present stored in bonded ware
houses
The withdrawal fthis aggregation
OF goods should put a good deal Of
money into the Treasury. within the
next sixty days. 1t is also expected
that direct importations will at once
increase, and steamship men are happy
in anticipation Of full cargoes from the
other side, something their ships have
not been favored with for many month";.