Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-08-01

New York, July 31.-The corn sItua-
tlon controlled the market Commits
sion houses sold stock while traders
worked for a rally. The sentiment
after the close was bearish The loan
crowd showed good borrowing demand.
Insiders In sugar expect the ultimate
adoption OF the senate bin. The senu-
mcnt on Changers runs considerably
bearIsh. Exchange developed strength
yeatcrd Premium ON Chicago, Bur-
iington and Quincy Is believed to be
due to non-delivefy Of long stock al
rendy sold. Competition talk depress-
ed Consolidated gas but said could not
become serious for several yeara Presi-
dent Ashley OF the wabash thinks In
dloations favor improvement IN rail-
road earnings, Gold Is drug on the
market abroad. Atchison committee
are considering terms Of reorganization
FOR subsidy roads
The London market for Americans
opened weak and II now Irregular.
Cotton oil unchanged Lake Shore 3-S
up. 81. Paul 3-S; Louisyllle and Nash
yllie is off. Erie Is; Union Pacific i-S
higher: Northern Pacinc preferred is
on, Ateblson is up.
Senator Brlcc says; We are discuss
Sing II compromise on free sugar, strik-
Ing out the senate sugar schedule
AtAAAA lbaf IN AAAiNf NhANNf hhA ~
Vooates Of the plan claim that enough
Populists ana Republican votes can be
obtained 10 make good the losses. A
prominent interest In sugar said last
night. "Todny's market IN sugar de-
fines the situation at Washington. No
bill or the senate bulls sugar There
VIII be great deal Of talk about
compromises, but It takes forly-three
yotes 20 carry the bill in the senate,
aud there Ia so little margin that one
or two votes controls the situation.
with Mr. Hin doubtful and Mr., lrby
doubtful, there Ia no room for any
radical change.
stocks opened Irregular with consid-
cradle pressure to sell the Changers and
sugar The room traders bought ST.
Paul MT the decline and the Cammack
brokers reduced outstanding lines Of
shorts. The gloomy predictions OF Chi
cnEo Of q reduced volume Of traffic on
all the corn carrying roads brought
some long stock on the market. The
requirements Of the bears were 30 urg.
ont. however, IN Chicago, Burlinatnn
md quincy that the stock digp,eyhd
n rhlylng tendency Sugar reflected the
marketing OF long stocks yesterday;
the tneties Of thc nnnlpulators seemed
TO be directed thl8 morning toward
cooxins a now short Interest In the
stocks.
IN officer Of the Rock Island says:
u Is too early 10 say much about the
dividend question that cnn be con-
sldered to better advantage as the end
of the quarter approaches The crop
damage will have beuring on the
question: that there has been damage
Is true. Damage TO tho corn crop rs bad
for the Rock Island on general prln-
clplrs That az present the movement
u freight Is rathor above the normal.
due to accumulated business Pas
senger traffic Is below normal The
damage TO tho company through
violence and fires connected with the
recent strike amounts TO about $40 600
direct ana 70 be a much larger through
interruption OF traffic
break IN corn at tho opening on
reports Of rain In corn belt caused
some covering In the Changers by trad
era, which resulted In fractional
rally Long stock came upon the mar
lSet IN sufficient quantities. however. to
prevent amy material advance and
the large bear traders were not fright
ened by the reports of rain. Sugar
was held steady by the Hnvemever
brokers, who ulternntCd between selling
and buying without pcrmltting any
thing more than fractional nuotun-
tons.