The evening world. [volume] (New York, N.Y.) 1887-1931, 1894-07-06
SUGAR LEADS THE DECLINE.
About 10000 Shares Sold in the
First Hour.
Chicago Gas Also Figures Heavily
in the Trading.

Sugar and Chicago Gas tically
constituted the market In the early hours
OF business at the Stock Exchange tc-
day. OF the two Sugar attracted by Far
the most attention, continuing To Dc
cline under heavy pressure TO sell.
Tho canvass made Of the House b.
"The World' to ascertain the sentimen:
OF that body on the sugar schedules Us
arranged by the Senate shows pretty
clearly tina, the Trust will bc defeated.
This 10 the basis for the steady out
pouring Of long stock.
TO to II O'Clock this morning fully
10000 shares had changed hands. or
more than the total for IN" entire re-
mainder Of the list and tho price yielded
! 6-s, to % -.
chicago Gas, after selling M a frac-
tion to ~ IS, declined t. N "-s. bisiI-
lcrs fell off IL. to y IL, and rose 10
"a Ii. LouiJvle x Nashville Geclined
| Pacific pref u. t. 10 81: Burlington Il
Quincy 3-s, to &c, st. Paul S.S, TO 80 IS;
Rock Island, Us. 10 66 IS: Missouri Pa
ellie SO, to % rs, and United states Cord
| l, to SS1-
The great railroad struggle In the
West has tendency to make operators
hold Off. and II 1t is not speedily ended
may invite fresh attacks upon the mar.
ket an the bears are on the alert and
are constantly feeling around for weak
! spots
London came little lower The
failure OF Dain & Pelham was an
| nounCed at that centre, but its effect
upon the market had been discounted.
M9ney per SeNt On Sill Ss roTS ge
plentiful! than sigh! drafts, bankers be.
| Ing disposed to sell the former on the
belief that they Will he able TO cover "a
| n profit later on. when the crops move
actively 10 Europe.
sales were made at +Si for long ster.
ling. and ass for demand. No gold vii
be shipped this week and the genera
| impression is that the outward move
ment Of the yellow metal Is over for the
| Summer.
me stock market continued dull. Tho
| ieclines considering the strike news
|, voful lack OF business, and many
brokers did not even take the trouble Il
| 20 into the Board.
| IF New York for the week were 81, III ,o9
| md the amount marketed 1851, l4A Foi
| the corresponding week OF 1873 the I'M
ports were s"6l2947 and the amount
| marketed SEIZE, 4SO.
FOR the fourth week Of June the Mis-
souri,. Kansas d. Texas road earned
nsi,740. a decrease of S5s.76s, and for th'
| month $6ll ,65I. u decrease OF s.@oo2o; anC
| 'hesapeeke d Ohio, Tor the fourth week
s2A, c36, y decrease of Sl3S4l, and for thu
| month $6j5Si7. decrease of SlSttj6.
| II Is stated semi-utficialiy that ar
| rangements have been made with th'
| syndicate which has underwritton thu
| Atchison subscription to advance th'
| funds necessary to buy the Januar!
coupons OF the per cent bonds befor.
| July % and 10 be reimbursed from the
first cal OF the assessment on the stock
| This will prevent action under the de
fault.
The underwriting has been taken, one
quarter in Berlin, one-quarter In Londor
| and one-half IN New York. The matter
| may be delayed few days in order tt
hear from Accountant Little, whose eN
| animation of the property Is ntarl!
| completed
BANKERS calculate that the banks have
gained In cash during the week from
| the interior movement about $l'OOOOc
and from Sub-Treasury operations abou
&c. 10000. They have lost about sl.rD,n
from gold exports. making the net gail
| In cnsh about 81. go. Oyn.