The Washington times., 1894-05-29
TRADING MAS uxInPoRrAxr.
A Dull and Unevcntful Day in Wall Street
Sugar Closed Somewhat Weaker.

A Dull and Cneycntful Day In Wall street.
Sugar Closed Somewhat Weaker.
NEW YORK, May 2s-The week opened on the
stock exchange with a decrease in the volume
of business and generally heavy tone to the
speculation. Tho trading was unimportant as a
ruls, and was largely monopolized by the room
traders, who operated only in a small way.
There were no specially controlling influences in
the market
Arenewal of the reports that the sugar sched-
uie of the tariff bill as agreed on by the Senate
would be adopted by the House served to move
the stock Of the trust up u In the early dealings,
but the highest range OF values led the shorts 10
put out fresh lines, which led to decline of ~
Rescuers came to the support Of the shares at
this point With u rally OF Ia. The improvement
was only temporary, and under fresh selling
decline of per cont was efccted. In the later
dealings recovery of 1sa was made, OF which
per cent. lost at the close the last sale being
at figure IA below Saturdays closing. sugar
preferred Is down S.
The Grangers opened LscshS lower, and on SELL
ing orders from the West made further declines;
occasional rallies occurred, but the trend was
downward and the fnal sales were at the lowest
OF the day, except Tor st. Paul, which Is III above
the bottom figure, the net losses being Rock
Island and Burlington aud Quincy each !, St
Paul, II, and Northwest. " London was seller
of st. Paul. BCyina OF Chicago Gas for the ac-
count OF one OF the most prominent members OF
the gas clique caused s. per cent advance within
the first half hour OF business. The gain was
pretty well held until the afternoon, when small
rsaIizations caused reaction of Ia. Atchison
was sold by Boston and local traders in the be-
lief that the assessment 10 bo made under re-
organization will be- heavier.
Considerable long stock was thrown on tn o
market, which WIS taken surprisingly well
Missouri Pacific ,naue gain OF rs in the morn
ing trading and then lest /, closing at the low
est figures made despite reports of steadily in
creasing net earnings The transactions in the
rest of the list were unusually light, and only i'll
the specialties were there any material nuctua-
tions
The trading was very irregular during the
afternoon and WIS generally heavy at the close,
the only shares which show an advance on the
day being Consolidated cas-, .: fullman and
Lead preferred, !, ard Co. common and Lake
Shore, ~ 2Declines were recorded Of ! In
National Linsced and United States Express,
liz in c. c. c. and 81. Louis, ~ in Louisville,
New Albany ami Chicago preferred and Lake
Erie and Western preferred, in Manhattan,
and 3Li in United States Leather preferred.
The railway and miscellaneous bond market
WAS somewhat easier in tone during the morn
ing, but gained strength in the afternoon and
closed firm. The principles changes on the day
are:
Advances Ohio Southern firsts, 2ji; Hooking
Valley o. lzs; Missouri Pacific consol 6s 11.;
Albany and Susquehanna conscl 6s 1M; Chesa-
peake and Ohio 6s, ,of 1911. La Clede Gas 5s. Chi
cago Gas lrsts, and Oregon Navigation Cola
teral Trusts 5s, each per cent.
Declines-Little Rock and Memphis firsts, 4;
Brooklyn Elevated hrsts, "a; Atchison seconds,
IA, and Colorado Midland is, per cent