The evening world., 1894-08-06
SUGAR STOCK HOLDS FIRM.
Fear Attacks Weaken Burling ton
and Other Grangers
Trading Light and the Market Rather
Irregular.

The week opened with a comparatively
quiet condition OF affai IS at the stock
Exchange. The fact that the London
Exchange is closed tended TO restrict
the operations for foreign account to
exceedingly narrow limits.
In the initial trading drive was made
against the market and prices yielded,
but the movement added to the already
heavy outstanding short interest.
The old story that the corn crop has
been ruined was again revived, and was
the ostensbie basis for the hammering
American Sugar fell "a to 1O4 "a; Bur-
lington q Quincy, rs to q 80; Chicago
Gas: l-2 to 70 S,si Northwest, II to
and. IA to s. ia: General Electric, IL
to IS 10, Louisville g. Nashville. 10 to
II l-2; Missouri Pacific; IL to % 3-!, and
Reading. s,s to II a.; st. Paul preferred
and Northwest preferred, to ~,
After 1896 A. NJ. the bulls plucked up
courage and brought about rally, Sugar
rising to los 80; Missouri Pacific to rs III
so on.
Money easy at per cent. on call For
eign exchange quiet at s sadan ybs rates nd
4.Ss IL for demand. In some instances
these figures are shaded little. The
holiday In London tended to make the
3
Commercial bar silver declined to 81 "a.
Mexican dollars unchanged at 80 3-4.
The stock market was quiet and the
movements somewhat irregular, =, r The
lington & Quincy were the most note
worthy features. The selling of the
latter was accompanied by reports that
the next dividend will be at u reduced
rate. owing to the losses sustained by
the strike and the damage to the corn
crops.
Missouri Pacific and Telegraph were
both firmly held, but as rule the fiuc-
tuations were narrow,
The United States Circuit Court a. at
borrow 800. 900 on receivers certificates.
This swells the receivers debt to 81. $50,
| 900. s25O,OOO having been issued few
weeks ago. or the new issue SO. GOO Is
like amount will be expended for taxes
and expenses of terminal facilities.
The receivers Of the Northern Pacific
Railroad have filed their report for the
Total collections. sl,267,l balance for
May was s59s,6l7. making grand total!
1886. 7S5. Total expenditures. zig, 2S6
the Northern Pacific and leased lines: The
balance taken over to July was $3.50, 47S.
an increase OF s5O,s6l. The receivers last
by the reorganization committee to take
gage bonds. further payment of
5000 Is g be made this month. and
The Nashville, Chattanooga & st. Louis
Railway Company directors have Issued
circular announcing that in view OF
the general depression In business and
strikes. they deem 1t advisable. not to
declare the usual August dividend.
The The eastbonnd shipments shipment by the
were AZ 7S3 tons against Al 25b the pre-
vious week and 10. 500 for the correspond
Ing week year ago. Lake shipments
last week were 6l.7os TONS against bo.a55
Handy &. Hartman will ship $4,000
ounces of silver. and Nesslage, Colgate
& Co.. 5000 ounces on the steamer
over 100000 Of the SIS, zoo, 900 Of At
Trust gold bonds have been deposited
with the State Trust Company. under
Reorganization Committee.
Railroad earnings continue to come IN
quite, favorable. For the fourth week
s5l5, 6s5, a decrease Of only s1,74s: the
Toledo. st. Louis & Kansas City s61, 8O5.
an increase Of g, 12s, and the Kanawha &
The bears devoted their attention this
afternoon almost exclusively to Bur-
lington, which was raided on the receipt
of another batch of pessimistic reports
down to 70 IL. and finally the general
list yielded in sympathy, but trading
was limited, owing to the general de-
sire to walt for definite intelligence con-
corning the report OF the conferrees on
the Tariff bill.
Sugar ruled strong on kilograms from
Washington intimating that there will
be no tariff legislation at all at this
session.
The sale of listed stocks were III 900
shares. In the unlisted department 1s, 700
shares of Sugar and 700 Lead were
traded in.