The morning news., 1894-11-23

While nothing official is known. it was
argued that the company must have suf-
ISred with the other Granger roads, and
that If the earnings Of the st. Paul are
any criterion. the Northwestern has not
earned its full dividend. The traders are
cunning that the directors will not en-
croach on the surplus and that the stock
holders viii get what the road earned.
rms, they say, will be about 2is per cent.
A cur IN the price of refined sugar was
used to hammer Sugar certificates and on
heavy trading the price broke from 9l4
TO Sl4HSSSs. Manhattan. ater its early
advance, receded 10 103i.. but closed uu-
changed for the day. Chicago Gas was
weaker than for some time. and declined
"a TO t2's- Close observers of the mar
keJ thought they discovered selling of
long stock. Further Hquidations carried
COrdage common down 10 81. the pre-
Ierred to l4A, and the guaranteed 91ia.
These are the lowest figures since their
organization when the common was as
SeSsed $40 per share, and the preferred so
per share. Pullman Palace broke from
loIls TO l52 on fears of adverse legislation
by certain western states this winter. To-
ward the close the market improved on
statements by leading bankers that the
new loan would be taken care Of. 1t was
stated that the big New York banks win
furnish their customers with the gold
necessary for the new loan, which, it is
noped, viii put an end to the Withdrawals
from the treasury. Prices moved up 4 to
is per cent. from the lowest point of the
Gay, burlington, Jersey Central Rock
island, ST. Paul, Louisville and Nashville,
Chicago Gas Missouri Pacific, Northern
Pacific preferred. Southern Railway pre-
ferred and Union Pacific leading. The
market closed steady. The strength of
sterling exchange continues and is Caus-
ing more uneasiness than the exaggerated
talk about a gold premium. Net changes
snow gains of h40lA per cent for the
usually active stocks. Sugar lost 27s, Pull
man 5l2 per cent. and Northwestern 81.
Sordage common closed y and the pre-
1eTred 96 lower. The recent selling Of the
guaranteed stock was due to a belief
that the dividend payments which were
10 begin January ! next. will be indeh-
nltely postponed on account of the poor
business Of the company. Railway bonds
were weak and lower. Sales of listed
stocks aggregated l4S,0O0 shares; unlisted
$500 shares.
The quotations at the closing were as
follows:
American Cotton Oil, 27la; do preferred.
l2l4H13; Sugar Refinery, SS3s do preferred,
81; American Tobacco. %; do preferred,
ll0; Atchison, 7. and s T.. SIS; Baltimore
and Ohio, 81; Canada Pacific, 5S$4; Ches-
apeake and Ohio, lSl4; Chicago and Alton,
10; Chicago, B. and O.. ia; Chicago Gas,
1875; Delaware, Lack. and w, 1878; Dis
tillerS and Cattle Feeders, 94; Erie, 1872;
do preferred, q; Edison General Electric.
S5; Illinois Central, S9l2; Lake Erie and W,
l6ss do preferred, 70; Lake Shore. 1928
Louisville and Nashville. 543s; Louisville
and n. a, Z; Manhattan, 1895; Memphis
and Charleston 10; Michigan Central, 80;
Missouri Pacific 2Sb; Mobile and Ohio. Is;
Nashville, G. and St L., G6; United States
Cordage SIS; do preferred l5l4 New Jer
Sey Central, 93 New York Central. 9Sl2;
n. y. ana n. E., 31H; Norfolk and West
ern preferred, 2214; Northern Pacific AZ;
do preferred 17s4 Northwestern, 975s; do
preferred 142; Pacific Mail, 22l2; Reading,
l7ss; Richmond Terminal. 15aa Rock Is
land, 81; St. Paul, 59as do preferred. .11S;
Silver Certificates. 634; Tennessee Coal
and Iron, l4S4; do preferred, 20 asked;
Texas Pacific 99s; Union Pacific. 127s
Wabash S. L. and p, Ga; do preferred,
1874: Western Union. SIS Wheeling and
l. F., IFS; do preferred. iOl2 Southern
Railway IS, Sc; do common, liz; do pre-
ferred, 36la.
State Bonds-Alabama A. 1884 do B.,
1885, do c., 92l2 bid; Louisiana stamped As,
100; North Carolina As 100; do 6s, I25 Ten
nessee olds, 60 bid; do new set 3s, so;
Virginia 6s preferred Sl4 do Trust Re
Ceipts, S; do Funding Debt, s..
Government Bonds-United States Is,
registered, ia; do IS, coupons, III; do
| IS, registered, 96.