The evening world. [volume] (New York, N.Y.) 1887-1931, 1894-08-17
SHARP RISE IN BURLINGTON,
Dividend on That Stock Helps
Other Changers
Rumors Degrees whIskey, but tho
General List Advances.

A fair volume OF business was trans
acted at the Stock Exchange, and the
temper of speculation continued buliish,
although there was an entire absence OF
excitement.
The fact that the earnings OF the st.
Paul for the second week OF August
came in at s5ll,t2t, asainet ssOe,ss% iast
year, An increase OF $500, stimulated
purchases of the srangers as we'll as OF
the other stocks, as It |. an additional
evidence OF the recuperation In business
In progress throughout the country.
Perhaps when the burlington a
Quincy directors act on the dividend
there. will be IA livelier movement. At
! the moment operators arc holding on
/ to see whether the rate will be I II per
| cent, as formerly, or whether a reduc-
ton TO per cent. will be made.
In ne iattsr event, the bears would
shares, but the bulls say they will fur
nish support IL needed. and that the de-
cline, should 1t occur, could not be OF
long duration.
Al the opening American Sugar fell ~.
70 ivs: burlington a. quincy b-s to ~ -:
g.; Paul H., to 81 is; Rock Island l-E 10
81 S,s; DistiIlers 80, TO .il-t; Louisville
cihc - TO y 81 Later American ~.
hacoo rose !. to 81: America Sugar rs, 70
W lT rIS Snnsea sSH,nsrn x to efs;
% Us: Rock Island rs, to 81 ~; Distii.
iers I-s, to 2ii.s; General Electric i IA.
=. El-S; Lead pref, "A to 81 IL; Omaha
4 Is now generally believed that the
Whiskey Trust has raised the money
needed 70 take goods out OF bond. The
loan Is said to be for 81. VuO.0p.
| Vice President Beygs says that orders
Tor whiskey are coming In on large
scale. and II the Company has ten days
before the signing OF the Tariff bill
OF bond. The present Western price OF
spirits, viz. SIPS. Is within three cents
of the figure reached In January, 1873,
when there was talk OF an increase OF
Doc. In the Government tax.
According to Chicago special. with
In twenty-four hours the Whiskey Trust
win take out OF md at leas, 1000 bar
rels of whiskey; The Sthufeidt, Kiyerdals
and Calumet distiller:es. which belong to
the Trust here, applied yesterday for all
the gaugers that could be furnished to
regauge the stock About one-sixth OF
| out to-day or tomorrow"
Bar. silver in London unchanged at
% I'D. per ounce. Commercial bar
s silver here 81 sgd at sl-s and Mexican
Money is / per sent. on call and q 4
per cent. for time loans running four to
t tGre ssead HisSAa an i tny'hia%s s 10,
bankers 60-day bills. and 4.ss IA q ass Is
for demand The inquiry for exchange con.
tnsn,s ilgn,: owing to the heavy settle.
The imports Of dry goods at the Port
or New York for the week were S3.oo+, Sof.
and the amount marketed u, sos. 1so. For
marketed 81, 7Is, 6o2
Shortly, before l3 o'clock. q rumor
Z Quincy directors had reduced In
quarterly dividend to 1 per cent, and
the bears jumped on the market, Prices,
however. yielded only fractionaily. and
dull Rt is.so p. M. Il became known
that the dividend declared was l IA pei
nal for rush to buy and a strong junnI
In prices followed, Burlington rosl
from n is, to u "a, Rock Island. from
$3.50. to 81 - and 81. Paul. from g. e
The rise would have been greater .bu
for heavy selling movement in whis
key. which carried that stock below 20.
ou msnay Of s,,1 aaTT g. W. s sse
Co. 10000 ounces and Muller, Schail Z
Go. $500 ounces Of silver on the steamer
| Etruria. sailing tomorrow.
| The evident attempt OF certain Boston
houses TO take advantage OF New York
on the Burlington dividend matters. was
the chief topic of discussion this after
| noon. The kilograms that the Burling-
ton directors had reduced the dividend,
| which We're denied a half hour later.
proved boomerang to the bears, a
when the news come that l Ia per cent
| had been declared, there was u small.
sized panic among the shorts to &c.
| their stock back. 90.
transactions to 1914. rise of s II
from the lowest of the day. Rock
Island advanced "a, to 6s rs, st. Pau
I IA, to "a IA. Western Union SO to 10
and Missouri Pacific l IA. to 30. Dis
tillers was a notable exception, declin-
| ing to IS "a on rumorS that the certain
persons from whom the Trust expected
to. receive money had refused to make
| advances.
The sales OF listed stocks were 22a. ooe
shares. In the unlisted department
1900 shares OF Sugar and 100 Lead
were traded In. 80.