The evening world., 1894-08-20
ANOTHER ADVANCE IN SUGAR..
Final Sales G. ve the Market Still
Greater Strength.
Bulls Continue to Control Wall
street Trading.

The bu,ish feeling was in the ascendant
al the Stock Exchange again to-day. and
the dealings were exceedingly lively at
Intervals. Ear.y reports from London
gave quotations for American securities
below the parity of our closing on satur-
day, but the losses were small, and there
was mJre than a suspicion that the de-
cline had been manipulated from this
eile.
Nevertheless the bears made vlgor-
GUS attempt to use this against the mar
KIT here. ana almost Immediately after
the opening they pounded everything on
the llst. They had to put cut some big
short lines to accomplish very little, and
ii was not long before they found that
their opponents had by far the best OF
the game.
Sugar first bounded up >, to 1l2 3-s. and
after reactins to Ill IL rose TO liz 3-S
again.
i5Isiington & Quincy rose 1.2, to IS:
Rock Island SIS, to 10 10; Distlllers -,
to ~: Michigan Central |, to 9s; Lead 3-s.
to Il rs: Missouri Pacific $50, to 81 is;
Lead preferred I-2. to Sl-2; Nickel
Plate i-2, to IS; Laclcde Gas -, to
is 81; Texas Pacific - 10. 10 rs; Toledo.
Ann Arbor and North Michigan - to
I; Wisconsin Central l Ia to IL: New
England SIS, to Is O-S, and Omaha so,
to So
Later on Burlington & Quincy declined
"a, to II Ia; St. Paul 5-S. to "a Ia: Dis
tillers rs, to 10 l-S; General Electric 5-S,
to A. rs; Manhattan 1-2, to III, Louis
Pacific S-S, to 7-s. In the specialties
National Starch second preferred
jumped 10, to educational starch com
mon IL, to 9 IL. and Mexican Cen
trail 10, to 3 H..
Later the whole market became strong
and advanced to about the top figures.
In some stocks the outstanding short
interest Is still heavy, and until the bears
win lie permitted to react much. The
bu,lish sentiment is very pronounced be.
cause 1t Is thought railroad earnings Will
steadily improve, and that the settlement
OF the tariff controversy Will lead TO a
marked revival Of general trade and a
new era OF prosperity for the country at
large.
At any rate capitalists are a good deal
more confident and considerable amounts
of money are being invested In BONDS
and the better class of stocks:
A Peoria despatch says: THE DIS
tillers Company has made arrangements
lean National Bank Of Peoria. 1t will
require nearly 100000 to take goods
out OF bond. At Peoria and at Pekin
which the tax will be in the neighbor-
hood OF A,75O,O0O All the Trust goods
have been Withdrawn at st, Paul and
Cincinnati, but little had peen taken
out up to Friday night at Nebraska
City or Peoria. At Pekin the anti
Trust houses. had taken out goods on
which the taxes were $3.50, 1000.
Money per cent. on call and per
cent. for four to seven months,
Foreign exchange is dull and steady,
with actual business at AS IA a 4.So 90
for bankers eO-day sterling bills and
4.s6 Ia n 1856 "a for demand.
Bar silver in London rose to % 7-l6d.
per ounce. The continued upward move
ment in the white metal is attributed to
purchases In anticipation OF a chinese
loan. Commercial bar here advanced 10
"a and Mexican dollars to 81 1-8
The Sub-Treasury Is creditor to-day
at the Clearing House for 81 ,078,O00. This
Is due to the large transfers from depos-
itary banks on account OF internal rev.
enue payments.
While the stock market was less &C.
tive, It's -trength was undiminished, and
some shares sold at the highest figures
yet attained. Chicago gas was prom
inert, rising to II H. A number OF the
low-priced stocks were also In good re,
quest and the tendency was toward
better prices.
In few instances where the rise was
most pronounced last week there were
realizations and moderate reactions oc-
Cured. The Louisville Nashville
earnings for the second week OF Angus
were S371, 49, an increase OF sl5. zoo, and
of the Missouri, Kansas g. Texas, WIS.,
49, an increase of Sl6.559
1t IL such items of news as these that
are creating a more bullish feeling on
securities and are forcing the bears to
retreat.