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

The announcement by President Cleye-
land that he will appoint an Arbitra-
ton Commission 20 go to Chicago and
look Into the labor troubles there was
favorably interpreted at the Stock Ex-
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 timid traders. The fact that
the Western roads are again accepting
perishable freight shows that the
blockade has been lifted and that mat
ters are once more getting back to
something like a normal condition.
There is still no desire to branch out
In new engagements, however, and this
morning the changes, with one or two
exceptions, were confined within ex-
ceedingly narrow limits.
american Sugar. rose Ia. to 1855;
EsotriS S. s. to q 7.S; s st e%'Fs Z
s. to s7,s;' western Snion e. e'f fS
S-S; Rock Island ga, to 81; Reading 3-s.
American Tobacco IA. to 80.
me estimated gross earnings Of the
louisville and Nashville Railroad for
ssso,sT, a decrease Of -. ~ 7ss; cpere
ating expenses. 81, s13, 500, a decrease Of
81, 56s.o7i: net earnings, 81 49,. 53l, a de-
crease Of sl.oF,667. The directors have
passed the following:
In view Of the unfavorabls business condition
prevailing throughout the country. II IL believe cd
to be for the best interests OF the stockholders
that the Company's resources should be kept in
hand. 1t was therefore resolved that this Board
does not deem It expedient to declare q divi-
dend out Of the earnings OF tho Company for
the fiscal year ended June 30. 1894.
The imports of dry-goods at the port
of New York for the week were ST.
1922. and the amount marketed, 81
H. For the corresponding week Of
amount marketed. $2,l39.719.
The Linseed on people, deny that Vice
President lianford had Endorsed large
amount Of their their paper. and Chicago
rover only on oil certificates. which need
| no Endorsement.
President Gable. for the Rock Island.
and Solicitor Green, for the Lake Shore.
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 e.
Sons s250,Ooo 3 IL per cent. assessment
bonds. payable Nov. /. 1899. at l0l.o7.
MSn Hn fnsy Foreign ese shade
easier in tone Both the demand for
and supply, Of bills ls light. Bankers
Ut 100 II 500 -. l lie Is 30 sU1dlI
that expected gold exports tomorrow
! may be averted after all.
| Commercial bar silver declined to s..
Mexican dollars are unchanged at 81.
Bar silver in London sold at % I'D. per
| ounce.
Bankers calculate that the banks this
week have gained in cash from move
ment about 5000, ooO and stand even
on Sub-Treasury operations. They have
lost in gold exports about 81 200. 900.
| The bulls gave prices another lift on
| the announcement that the American
Railway Union strike had been declared
off by Dehs. There was a brisk covering
movement In the Changers. Sugar and
| Chicago Gas the last mentioned dis
playing the greatest strength. 1t scored
a rise OF 2 points Louisville and Nash
Vile ard Big Four jumped 1-2 on
! purchases Of a few hundred shares. The
the bears had any idea Of and forced
covering movement would probably lead
to some marked advances.