The evening world., 1894-07-13
EMO OF STRIKE A|Ds BULLS.
General Advance Follows the
News from Chicago.
Changers, Sugar and Gas Lead the
Upward Movement.

Inc announcement by President Cleve-
land that he will appoint an Arbitra-
ton Commit sion 20 70 to Chicago and
look into the labor troubles there was
favorably interpreted at the Stock En-
change this morning.
The market was anything but active.
but prices were higher all around. and
there was further covering of short con-
tracts by ti,nid traders. The fact that
the Western roads are again accepting
pertshabie freight shows that the
blockade has been lifted and that mat
tiers are once more getting back to
something like normal condition.
There is still no desire to branch out
in new engagements, however. and this
morning the changes, with one or two
Ncep;ions, were confined within ex-
cecdingly narrow limits.
American Sugar rose IL. to IS SIS:
Chicago Gas IA to 1894; General
Electric 5-S, to 81 rs: Burlington L.
Quincy 1-2. to 747-s Missouri Pacific
SIS. 10 l67 -s: Western Union l-2, to
81 5-S; Rock Island S-s, to 81: Reading S-s,
to II L.: St Paul Ia. to H. and
American Tobacco Ia. to 50.
The estimated gross earnings OF the
Louisville and Nashville Railroad for
the fiscal year ended June 30, last, are
slS,S6o.ST, decrease of S3,442 1862; oper-
ating expenses. &ll,Sl3,569. a decrease OF
S2.569074; net earnings. $1.is2.5Sl, a de-.
crease OF Sl.O47.6 The directors have
passed the following:
In view OF the unfavorable business condition
prevailing throughout the country. II is believed
10 be for the hest interests OF the stockholders
nat the COnpanys should be kent
hand. II was therefore resolved that this Board
in ns, mo-, deem IT expedlent to declare . diyi.
he fiscal year ended June 20. 1894
The Imports of dry-goods at the port
Of New York for the week were ST.
S6.92l. and the amount marketed. ST.
1893. the imports were s2.s72,sI5. and the
amount marketed, S2,13s.7is.
The Lnseed OH people deny that Vice
President Hanford had Endorsed large
banks claim that the Company is Il bor-
rover only on oil certificates. which need
no Endorsement.
President Gable, for the Rock Island.
yesterday formally accepted the new
elevated track ordinance recently
passed. Work is to begin In thirty
days.
The Comptroller, Of the City Of New
York has awarded to Harvey Fisk &
Sons s25oooo 3 IL per cent. assessment
bonds. payable Nov. 1. 1899. at lOl.O7.
. . on time. Foreign exchange a shade
easier in tone both the demand for
and supply, o. bills ls light. Bankers
that expected gold exports tomorrow
may be averted after all.
Commercial bar silver declined to So.
Bar silver in London sold at % I'D. per
ounce.
Bankers calculate that the banks this
week have gained IN cash from move
on Sub-Treasury operations. They have
lost in geld exports about 81. 500 900,
The bulls gave prices another ny on
the he, announcement that the American
off by Debs. There was brisk covering
movement in the Changers. Sugar and
Chicago Gas the last mentioned dis
playing Esn ths Grsatsst s Nsss
Vile ard Big Four Jumped a IL on
purchases of few hundred shares. The
supply Of stocks is certainly smaller than
covering movement would probably lead
to some marked advances.
The steamship Campania will take out
amounts OF silver: Nesslage. Colgate &
Co.. $4,000 ounces: Handy & Hartman.
5000 ounces; Zimmerman Forshay,
5000 Mexican dollars.
afternoon that none of the bankers had
contracted for gold for shipment to Eu-
rope tomorrow.
There was one notable exception to the
strength Of the general market In the
late trading. The bears pounced upon
Distillers. and on report from Wash
lngton that matters looked less favor
able for the Trust in the way of an In
creased tax on spirits. succeeded In
knocking the stock down from "a to
u 3-S. The trading was not particularly
active. and the fluctuations otherwise
were merely fractional.
Outside Of Dis.illers there was no pres
sure to sell, and prices were well main
tanned. In fact. speculation showed
greater resistance to bear attacks than
for weeks past and final quotations we're
the best of the day.
The story in regard to Distillers was
that the tariff conferees would make
the tax on spirits Sl.o0, instead of $l.lo
a gallon. and the bonded period five, in
stead of eight years.
The sales of listed stocks were $500
shares In the unlisted department
5i,sOo shares of Sugar and 1900 Of Lead