Evening star. [volume] (Washington, D.C.) 1854-1972, 1894-06-15
Unavailing Bear Raid Made on
Sugar Stock.
EFFECT OF LOWER RAILWAY EARNINGS
The Weeks Export Of God to
Europe.
GENERAL MARKET REPORTS
cial Dispatch to The Evening Star.

Special DISPATCH to The Evening Star. ~.
NEW YORK, June 15.-The stock market
today continues to be Of the same purely
pI OCCASIONAL character as that 1f yesterday.
LoI don is not a factor one way or the
other, and foreign houses say that this con-
dition will obtain abroad Until the fate of
the tariff bill in both houses is definitely
known.
In Sugar the bears met disappointment
at the start. Brokers for insiders" We're
early in the crowd with supporting orders.
and although the price dipped fractionally
urder last nights closing figures. the stock
remained strong throughout the entire
morning. H1-HE
WHISKY" which declined sharply IN the
closing hour yesterday, was also well taken
care OF by its friends, and while tRansaa-
tons in 1t were limited, the price remained
firm. The other 'industrials" were without
feature. 80 81
There is little to be said about the rail-
road list Dizziness, or rather stagnation.
prevails, the disheartening earnings con-
tinue, and 1t Is not surprising that they are
exerting depressing influence Following
Atchison'S enormous decrease of upward of
quarter of million for the first week in
June. on top of ST. Paul's unfortunate loss
of S129,OOO for the same period, comes Union
Pacifc's statement for the month of April
showing a decrease in net earnings for
Union Pacific proper of $15S,0O and for the
entire system decrease in net of sum
approximating $500, 900 This result shows
that traffic conditions in the west and
northwest are in no better shape than those
of the southwest. This statement accounts
for the weakness In the stock developed
early yesterday morning, and in view Of
the fact that 1t rallied slightly on the pub
lication of the above statement, its effects
may be considered to have been discounted
New York Central may be considered the
only feature in the railroad list. The SEN
sational showing made by the company
owen in these times) for the month of May
created a very bearish feeling on the prop
erty, and as the dividend time approaches
| rrmors of a reduction in the rate are plen-
tiful. The directors will meet on the I'D
instant to act on the dividend.
North Pacific preferred, which has been
| very strong or late, owing to the large
short interest, was more plentiful in the
loan crowd. and was correspondingly weak
In the market, selling at 10 3-S against
10 Ia yesterday.
Gold exports Of about 1900 900 have been
made. but will show a smaller loss to the
banks, as currency has again come In from
the country to the amount of S. 100 900 or
more, according to estimates of bank off,
GERS. The south Is sending much actual
money this way.
The market continued very dull and Ia
up to about the delivery, when vicious at
Jack was made on Sugar" the price for
which had hung steadily around 9S for the
preceding couple of hours, knocking the
price TO 96 5-S. The same firm that was
prominent in yesterdays selling movement
was active again. their sales being estimated
at LOO for the day. The furry was very
short-hved, and had absolutely no effect on
the rest of the list, the price recovering to
about 9S before the close which, while very
dull, was firm, the general feeling beng
more hopeful than that Of yesterday.