Evening star. [volume] (Washington, D.C.) 1854-1972, 1894-08-30
FINANCE AND TRADE
Good Judges Look for Improved
Values.
WHAT is said OF CERTAIN INTERVIEWS.
Lively Fluctuation in Sugar Trust
Stock.
GENERAL MARKET REPORTS

Special Dispatch to The Evening Star.
NEW YORK. August 30.-Prices were
irregular. but in the main steady. at open
in Of today's market, and improved frac-
iionaHy on later trading London was
without special feature, and contributed
little to the local operations. The senti-
nent of the room was not materially i'm
proved from yesterday. but IL is encourag-
ing to note that the bulk of the pessimistic
opinions emanate from the professional
element. The few reliable opinions from
good judges of the present speculative
situation are uniformly favorable to i'm
proved values. The immediate course Of
prices is generally conceded to be in doubt
owing to the extreme sensitveness of the
more active stocks. but the conservative
aid patient purchaser on reactions has the
best clements in the situation in his favor
Well organized manipulation could control
the market within certain limits so rs 10
make either account profitable. The ILL
concealed desire 10 give prominence to the
bearish opinions of certain railway officials
has given rise to the opinion that the off,
clai statements OF these gentlemen are
MADE In the interest of and for the sue
cessful promotion of private schemes Con-
structions of this character may or NAV NOT
be Justifable. but in discussing the proba bic
reduction Of fall dividends there is plenty
ieehng or apprehension on the part of
STOCKHOLDERS In certain western roads as to
continuance of the present dividend rates
on their investment holdings.
crop and trade couuitions both combine to
produce this uncertainty, and dividends al
tne Oh rate as in the case of Burlington
Will result in unfavorahle criticisms of the
board taking such action This condition
OF tnines, happily, exists only In a few in
stances, and should have little Influence, on
the general character of speculation and The
action OF the better class of stocks Atchi-
son was moderately active this morning at
able report of earnings for the third waaL
thts month Darlington. sold down "a pe-
cent on carly trading, but rallied I l-o ON
covering: Rook Island sold off l-2 per cent
and rallied rs and ST Paul gained I nor
cent at the expense of the bears
sugar was the most conspicuous feature
or the days business. opening weak and
selling down 1 per cent in the first few
minutes then rallyfng sharply for more
than the full amount of the loss The ID
vance In price encouraged renewed attacks
winch resulted in a depression of IS per
cent to LOG. The sentiment of the street
for this property. although many of the
arguments. founded on supposed disappoint-
ments in the provisions of the tariff bill.
are not entitled to serious consideration
chicago Gas sold of per cent during the
morning, but regained the greater part of
Its loss on purchases for both accounts af-
ter the noon hour. Distillers was not ac-
tive. and. as yesterday, fiuctuated within
very narrow limits. The size of the short
interest in this property has a tendency to
stimulate moderate buying in anticipation
OF squeeze. The market for sight sterling
was slightly easier this morning owing to
the supply OF security bills and the absence
or any special demand from remitte-s
There was no important business in con-
tinental bills. rates and conditions remain
ing unchanged.
Rumors that N.OooO0 gold was coming In
from Europe resulted in a spirited bidding
up of prices by traders during the last hour
The n arket res ponded easily and reflected
substantial Improvement over opening fig
ures. The closing was steady at net gains
for the day in most instances