The evening world., 1895-08-01
.FIRMER TONE AFTER M|ODAY.
Eefore This Stocks Showed a Re.
dictionary Tendency.
Wall street Opened with Top Fig
urcs for Some Shares.

August was ushered In with activity
and buoyancy at the Stock Exchange
for bonds. railway and Industrial shares
Of all descriptions The local bulls are
very confident owirg to the glorious
outlook for the corn crop and the evil
dences OF increasing activity in trade
AMI railroad circles.
The fact that the advance is so well
maintained is bringing in fresh outside
orders. and local operators at the same
time are branching out In their dealings.
The special features of the market
this morning were Sugar. Chicago Gas.
Louisville & Nashville. Missouri Pa
cfc and the Grangers. For some of
n Sc the highest prices of tt e year were
attained.
Distillers advanced as a result OF the
latest correspondence between counsel
representing the opposing factions OF
the property.
Samuel Untermeyer acting for a
stockno.der of Distiliers. made request
yesteruty ON the reorganization commit.
Tee for return OF !ne stock deposited
thereon as was uncxpended. Mr.. BiJur.
counsel for The reorganization commit
tee. refused the request. on the ground
ll' 81 was a
stool pigeon" for Gree nhut and Morris.
1t was announced this morning that
Leon i. Rosengarten and Robert NJ.
Jarvis have resigned as officers of the
Monetary Trust and severed all con-
nectiOn herewith. The Governing Com
mittee of the Stock Exchange yesterday
heard report of the Law Committee
on the Monetary Trust and directed the
Committee to investigate further.
Charles Stokes who was the Exchange
member Of f. D. Carley & Co, which
sever his connection with that firm be-
cause of the violation of an Exchange
rule.
The Bank Of England rate Of dis
During, the past week the bank gained
El72.636 on balance. Its proportion of
reserve to liability. which was 59.O4 last
"fss Is NOW MarK e avt cent nns the Execu
Leather Company have issued circu-
lar dated Aug. |. in which they say:
100000 of preferred stock and $50: 900
of common stock would be SUFFICIENT
to pay for the property and good VIII
that the total value will exceed the
Oo0, 900.
in consequence of this the neces-
crease Of the capital stock to the ex-
tent of $4,000, 900 Of each kind has been
sought and obtained. the authorization
Of the larger amount being asked for
should the values still overrun present
estimates. Only so much will be Is
sued. however. as may be sufficient to
Power to issue @ e the the *. .ooo, 600 Treasury S;
bonds remains with the directors. and
while no present necessity exists Tor
their sale, the directors would not hesi-
tate to, take action should conditions
arise when In their Judgment the Com
pany's interest would be served by the
sale of all or a portion thereof"
Foreign exchange remains strong at
4.s9 IA a 4.so 1-2 for bankers long ster-
ling and 4:so1-4 400 l-2 for demand.
MsRrsn dosr, S'T silver 1e
s. IA.
dency, the decline from the highest cS, be
cago Gas. The lower range induced
count. and firmer tone prevailed
after midday.
The report of the Chicago & North
west road for the year ended May 81,
1895, shows gross earnings of $2s. s,374.
q decrease Of ss,s77,sos; net :aa earnings;
income. slo,24s,ecl. a decrease Of sl,26l.-
oOi, and deficit. after paying interest
and sinking o fund charges ana .s7a aiys Ea
fs%aii For the ss,s Ssar :he h Western lines show
a deficit Of s3S2, 1875, against a surplus Of
s65, ,544 In 1894. Land sales aggregated
sSl6, III, an increase Of s7O944. The report
shows that the Company took s27S. $50
from accumulated surplus to pay the
dividend
Stocks closed somewhat irregular. The
cordage shares reacted IA to 21-4 per
cent, I'd the general list IA to ! per
cent, outside Of Leather pref. which
dropped . 3-S per cent.
The total sales of listed stocks were
n elo In, thn =
ment 81, 900 shares of Sugar were traded
in.