The evening world., 1894-08-16
THE BEARS lRE IN 4 BAD FIX.
Short Interest Finds It Hard to
Recover Stocks
American Stocks Stronger Both
Here and Abroad.

There was little or no excitement at
the Stock Exchange this morning. but
the dealings furnished additional EVIL
dcnCe. " any were needed, OF The res
storation of confidence. The bears we're
unable to make any impression on
prices.
The snort interest is heavy. and they
lave not succeeded in getting their
stocks back. The chances are that some
big losses will be made II there Is an
absence OF rnfavorabie news for week
or TWO. as sentiment Is running more
strongly towards the bull side.
There vas good buying this morning
for local as well az out -ot-town and Lon
abroad. with prices above the parity
Of our closing hgures OF yesterday.
burlington Quincy rose u, to
American TSbac eco IS, to 80 IS; North tn,
west IL. to 100 st. Paul ]. to IS 3-s:
Rock Island !. TO Is -: Denver & Rio
trail IL. 10 80. Long Island Traction ia,
to IL; Louis. a. Nash. /, to Sal Mich
igan Central |. to s6; Missouri Pacific Us.
70 g L.; New York Cent. 81, TO lOl IA;
y IS; Western Union 5-s, to SO s-s: Del,
General Electric is. TO 70 IA.
key Trust had been unable to secure the
money 1t needs TO take goods out OF bond.
Another reason for the weakness vas
report that President Cleveland would
sign the Tariff bill to-day or tomorrow,
and that the Trust would not have time
y profit by the advance In the tax on
distilled spirits from 70 cents TO Sllo per
gallon.
Whisky Trust loan Of 100000 is that
the money Was advanced by a syndicate
OF o. foreign banker banker but Mr.. Mormser
or the Company's affairs. refused to con-
firm or deny the report.
Bar silver In London jumped 5-lsd. per
ounce to % Id, Commercial bar here
advanced to g l-2 and Mexican dollars
to 50 IS.
Money lends at per cent on call and
longer periods. There is an improved
demand for currency from Interior
towns. as we'll as from the West and
South owing to the revival Of business
goods from bond.
Foreign exchange continues weak on
a light volume OF business. Rates are
long sterling. and 4.ss 10 a l.ss "a for
demand. Posted quotations were. re-
duced to 4.6 for long and 4ss for short.
Heid ,sn6 n ,IekelheimeE & CO: viii
steamer La Champagne. sailing for Eu-
rope Saturday. on special order.
The stock market continued firm.
-
lions, but a steady hardening OF prices.
The bears paid their compliments TO
Sugar and Whisky, hut the fitful move
ments Of these specialties had little ef-
feet on the general list There were
many run.ors about the probable action
Of the Chicago, Burlington & Quincy
directors at their meeting tomorrow
with reference to the dividend, but moth
ing definite could be learned. either here
or In Boston. as to whether the usual
IA or reduced dividend will be de-
clared
The directors OF the National Lead
Company have declared a quarterly div
idepd Of 81 per cent. OIL the preferred
stock. payable Sept. 10, and l per cent.
on the common stock, payable Oct. !.
The Atchison Protective Committee met
to-day and accepted the resignation Of
Mr.. VIM. II. Male. No successor was
appointed. The Committee will meet
again a week hence.
Late In the day Sugar ran OFF to l07 ID,
and other stocks yielded Is to / per
cent. but finally Sugar got back TO
los 81. The jump was due to advices
from Washington that the Free Sugar
bill had been referred to the Finance
Committee, which. II Is thought. dis
poses OF the matter for the session
The market left off Arm.
The sales of listed stocks were ia, 900
shares. In the unlisted department 1000
shares OF Sugar and 1000 Lead were
traded in