The evening world., 1894-07-11
BETTER fEEuNG IN STOCKS.
Brokers Believe There Will Be a
Truce in the Strike.
Sugar Went Up on Favorable News
from Washington.

When the gong sounded this morning
as a signal for the resumption OF busi-
ness at the Stock Exchange. 1t looked
as though the bears would meet with
more success than heretofore. but the
sellers Of stocks at declines OF Is to
3-i from the final quotations OF yester-
day soon found out their mistake.
Word was received that the order call
Ing out the knights OF Labor had been
amended SO that instead OF the men
stopping work to-day they would con-
tinue in their places at least until FRI
day. The natural supposition IL that a
truce may be fixed up IN the mean tune,
or the various trades unions may decide
II impolitic IL strike.
II is evident that the labor organiza;
that the troubles may terminate
quickly without shedding any more
blood or furt her destruction to property.
show a bold front, They put the stock
up three points to 20. on dispatches
from Washington that The Trust would,
after all succeed III getting lung the prosee,
sufficient to produce quick advance.
In the resi-. OF the list Burlington =
i5-s, to 70 81: St Paul, 81, to SO "a;
Rock island, "a. to 66 II. Distillers, 81.
to "A 10; General Electric. 5,s. to IS rs;
Missouri Pacific, IA. TO- q; liz, lead. 1ss' to
" H lei sha iekelheimer & { co. win
ship $SOO,OO gold TO Europe tomorrow
on the Fuerst Bismarck. The strike has
checked the export movement Of pro-
ducts materially, and exchange being In
limited supply the bankers have no al
tentative and are forced to ship the
Money was in abundant supply at
per cent. on call. Sterling exchange
was dull and steady. The market is
with the. cessation OF the strikes, when
a material increase in the supply of
commercial acceptances Is looked for.
To-morrow's gold shipment is consid;;
6o-day bills sold at 4.S7 4.s7 L.. demand
at rs Ia and cables at ass Ia
silver was weaker, bar oliver in Lon,
Mexican dollars here to ST. Commercial
bar solo at 62 L. The undertone OF the
market is weak, the demand from Lon
ing a sharp decline when shipments
from the producing sections are re-
sumed.
Foreign dealers believe that the tie-up
liz Il aging suipmenis. sme.terS say
that the production has not been cur
tailed because OF the railroad blockade.
1t Is stated that the keolgan.Lat lon
Committee of the Minneapolis and ST.
Rock Island claim, 30 as to prevent II
foreclosure, The Committee has under
consideration various means and ways
to this enl, but has not reached con-
clusion. Under Adhesion from the lower
court, Rock Island was given authority
to foreclose upon six weeks advertise
inent after the 18th OF June. The decree
vas not confirmed by the higher court
rntil the 18th. Notice II sale has not
yet been published.
The directors OF the Louisville 4
Nashville Railroad will meet tomorrow
to pass upon the earnings for the six
months ending June 10. The statement
Of the results OF operations Will show
liz per cent, earned.
The upward movement In prices at the
Stock Exchange made further progress
this afternoon. especially in the Gran
gers. Chicago Gas. Western Union. Pull
man Palace, Louisville Nashville,
Whiskey and COrdaEe.
There was considerable covering OF
short contracts on the confirmation Of
early reports that the local labor unions
OF Chicago were not. rs q rule, accept
ing General Master Workman Sover-
eiRn's suggestion to strike.
In California the situation Is also Inn
proving. The corn carrying roads were
strengthened by the splendid outlook for
4 good crop OF that cereal