Evening star., 1895-08-02
An Uneasy Feeling Caused by With
drawal of Gold.
THE MARKET IRREGULAR AT FIRST
Manipulation of Sugar Continued
in the Bear Interest.
S EASURY REPORTS
Special Dispatch to The Evening Star.

Special Dispatch to The Evening Star.
NEW YORK, August 2.-The announce
ment early this morning that the Bank of
Montreal had withdrawn 81 GOO,OOO in gold
from the subtreasury caused a very un-
easy feeling on the floor and first prices
reflected this sentiment being uniformly
lower all along the line. London was not
factor, the arbitrage business being
about evenly divided between buying and
selling orders, but their trading was of the
most perfunctory character. owing to the
Iact tnat there will be no session of the
London exchange after today until next
Tuesday.
Irregularity was the only feature of the
market during the morning hours. The
grangers were weak, though little impress
sion was made on their price until shortly
alter tne noon hour, when the announce
inent OF further Engagements of gold start
so some selling In them, and the lowest
nsures Tor the week were recorded in this
group. A1A '1AS
The manipulation of Sugar continued.
though results favored the bear faction to-
DAY instead of the advocates for higher
prices, as for several days past.
In spite of Judge O'Brien's action in
granting an injunction against tho reor-
sanlzation M committee in Distillers, several
Sooo-s!Zed puElng orders We're in the mar
ket, and after its early fractional declira
1t was held steady all day.
western Union was the strong feature ~
the day. The buying in it was of the yerv
oeSt character, and was accompanied by
taiA tnat the company would profit materi-
ally through the extensive betterments
whlch are shortly to be made
Shlcaeo Gas was active, and showed signs
OF another dip, owing to the elimination of
the short interest.
The New York subtreasury's daily reports
indicate the following results for the week:
Total receipts, Sl5,9!J,010 including 81 GOO :.
400 currency from other Offices Of The
Treasury Department and s325,0OO for cur
rency certificates issued. Total payments
sl6.15oGO, including S3,G00,OO0 currency to
other offices of the department and $4,000
for currency certificates redeemed The
clearing house has lost about 100000 to
the treasury on this showing. officers of
Wall street banks report a very small cur
rency movement, and expect a gain for the
week of about 81, 100000, largely from
Brooklyn and Jersey City. Todays heavy
Withdrawals of specie are not included in
this estimate. The treasury will probably
lose about S22,350,o00 gold on today's trans
actions.
The trading during the last hour waS
| marked by q savage drive at sugar refner-
les, which were marked down to ia on
enormous transactions as against lis IA
yesterday. There was no news to account
for the onslaught. All published reports
from the trade were rather more favorable
than otherwise and the movement in the
certificates can only be set down as the re-
suit of the fierce struggle going on be-
tween the factions mentioned above.
The balance of the list showed signs Of
receiving support at the decline
The total Withdrawals of gold today
were s2,5O0,000, of which 81, 100000 will go
posit here subject to call by the Bank Of
Montreal