The evening world. [volume] (New York, N.Y.) 1887-1931, 1894-07-06
Tammany's Latest Effort at Protection.
DULL DAY ON THE 'CHAMGE.
Most Of the Trading Was in Sugar
r and Chicago Gas.
Strike Exercised a Depressing In
-. fiuence on Stock Prices.

Sugar and Chicago Gas practically
constituted the market In the early hours
OF business at the Stock Exchange to-
day OF the two Sugar attracted by far
the most attention, continuing to de-
cline under a heavy pressure to sell.
The canvass made of the House by
The World to ascertain the sentiment
Of that body on the sugar schedules as
arranged by the Senate shows pretty
clearly that the Trust will be defeated.
This IL the basis for the steady out
pouring Of long stock.
~ W tH II oS hd this morning hsna, fuy
more than the total for the entire re.
mainder Of the list. and the price yielded
CSica a. % Cos Gas after selling up a frae-
ton. to 70 IS. declined to ss IS. Distil-
Az. Louisville 1 NASHVILLE declined
Pacific ~ pref E "a to Is e a. - s Bur
Quincy IS, to rs; St. Paul s-s. to 50 rs;
Rock Island. 3-S. to s. IS: Missouri Pa
cific 3-s. to 20 is, and United States Cord
are 81 to 2ll-2. American Tobacco rose
The great railroad struggle in the
West has tendency to make operators
hold Off. and IL 1t Is not speedily ended
may invite fresh attacks upon the mar,
ket. as the bears are on the alert and
are constantly feeling around for weak
spots.
failure OF Dain & Pelham was an
nounced at that centre, but its effect
upon the market had been discounted.
Money per s sent on f S,,. are roTe oTs
plentiful than sight drafts, bankers be
Ing disposed to sell the former on the
belief that they will be able to cover at
a profit later on, when the crops move
The stock market continued dull. The
declines considering, the strike news
we're comparatively slight, but there was
woful lack OF business. and many
brokers did not even take the trouble to
60 into the Board.
: The Imports Of dry-goods at the port
of New York for the week were 81. l2l,os7
PORTS rSs s0I were sasiss.si7 and the amount
marketed S2.ll2, $50. ~
souri,. Kansas & Texas road earned
.isl7 decrease OF sss76s s sgad os sSr d thu
Chesapeake Ohio for TIE 1s fourth Wv we tb.
month S655.347 decrease OF $lsO,5o6.
1t Is stated semi-officially that ar
rangements have been made with the
Atchison subscription to advance the
funds necessary to buy the january
coupons OF the 4 per. cent bonds before
July 20 and to he reimbursed from the
first call Of the assessment on the STOCK.
This Will prevent action under the de-
fault.
The underwriting has been taken. one
quarter in Berlin, ore-guarter IN Londoh
and one-half IL New York. The matter
may be delayed few days In order 10
hear from Accountant Little, whose eH-
animation OF the property Is nearly
BANKERS calculate that the banks have
gained IN cash during the week from
the interior movement about s,.v1'Nv,
and from sub-Treasury opeyati9nss, a AZ wv
81, T5O, coo. They have lost about Sl.voO.no
from gold exports. making the net gain
in cash about si,6@oO"
Stocks Were dull, but In IN" main
firm. General Electric vas Conspicuous
for strength. crossing 81. Near the close
prices were shaded "a little all AROUND.
The committee Of Northern Iacinc
second mortgage bopdhI oilers In Beriit!,
representing more than one-duarte OF
this issue, have Cabled this InorhliS thtlI
assent TO the reorgan ization agreement
prepared by the Adams COMMITTEE,
This Committee announces that S,05soVJ
OF the second mortgage bonds have been
deposited under the agreement WITH Tie
Mercantile Trust Company as uePos
TORY. The Committee now LACKS Vs.
c5i 90 seconds; Si02.cc0 thirds; si,ioivn
consois. In order to give 1t maJorII!
OF the three classes OF bonds II repre-
sents under Its agreement OF feO' 49,
Gross earnings OF the Northern
Pacific for June were s@lils ae-
crease Of ss72,alI; ,..,,.. 40 10,
The sales or listed stociis We're ~, ~
shares. In the uniistea aspat, men ,,.s,.'
Co. 4OO shares OF Sugar and 30 Leau were