The daily morning journal and courier., 1897-07-20
NOTES or THE MARK FITS.
The Big Rise in Sugar s,oc,r,s IT,, IT,

| Ahe Big Rise in Sugar Stock-The Up TurI Tn Wheat-Rubber Stocks Weakness. The continued marked weakness O
 the rubber shares in the face of tn,
 great bull movement continues to at
 tract attention. Yesterday, with su gar climbing and the grangers gaining and the whole market generally strong rubber fell off. Rumors of dissension! in the Rubber Go. board of director: continue, yet a recent statement, ap parently official, was to the effect that the output of manufactured product. this season Is nearly twice as great as that for the same period last year.
 The following dispatch from Bostor was received yesterday afternoon b, Prince & Whitely, this city:
 A local trader has just sold TOO rub. Der, taking a s20,000 loss. He says knowledge of trouble in the affairs ot the company induced him to sell. He says there will be Q hot time in rubber next week.
 WHEATS RAPID ADVANCE ON
 FOREIGN BUYING.
 The New York Evening Post last night says: Wheat attracted re- newed attention today by the strong rallying power it displayed. After a weak opening and decline of 1% cents in this market to S1 for July and 74al for September and a decline of 8 cents for July in the Chicago market to 72 cents per bushel, and a4 for September to 69 cents, on heavy general profit taking sales by professional traders and small, 'short-waisted" bulls, both markets recovered sharply under the Influence of good foreign buying, in- eluding liberal purchases for Liverpool and Paris account.
 The foreign markets all closed firm. and this, with the worlds shipments of wheat from the principal countries to Europe only aggregating 3,946 092 bushels, against 4,254,6O6 the previous week and 5,579,949 this week last year. together with large acceptances of wheat offered for August and Septen- Der loading and decrease in the visi- ble supply in this country of l. 2s5. GOO bushels, bringing the total amount in sight down to 15,324,00 bushels, against 46,74S,0o0 this week last year, stimula- ted the market and prices gradually improved under an expanding business and hardening market.
 The market was dominated in ina main by the foreign supply and de- mand situation, and all the early lose was recovered in the July option here and at Chicago and prices closed 5s to cent net advance for the later months over Saturdays final auotstions Export houses were unwilling to state the extent of their purchases or buv- ing orders, but they admitted that there was a good inquiry for wheat in this market from England, France and for South American points"
 SUGARS GREAT ELASTICITY
 The opening in Sugar certificates yesterday was wild, the first ouotation reading "25,000 shares from 13s to 1oo,, The firm referred to as buying for inc Standard oil interests took ID ooo shares in the first few minntes Washington houses also bought, and before noon there was heavy coverinp of shorts put out on the conaictine news in regard to the tariff last weals The buying from all sources woe based on the fact that the congressionD al conferees agreed on sugar scbed- ule altogether favorable to the rein CTS. Just before 3 D. m., the stocl, ba came very scarce in the Exchange. ana moved up 5 per cent. in verv fau minutes. The buying was believed w be mostly covering of shorts, and if was reported that several large one rators had cornered. The stool, loaned at 4 premium for use oyer night before the close.