The evening times. [volume] (Washington, D.C.) 1895-1902, 1900-04-25

There was firm tone in the stock Mar
ket this morning, and very good chance
Of an advance in prices before the close.
The market was heavily Overso.d. and this
was the most important immediate con-
sideration. PERHAPS. Leaning rates on
stocks were high, and as soon as there
was any attempt to cover, prices jumped
In a most significant way. Some of the
shTeWdest people in Wall Street we're Of
the opinion that something like a bear
panic might develop at any time There is
nothing new in the intrinsic conditions.
which remain almost perfectly satisfa tory.
Money continues easier than at any tine
heretofore, both for call and for tine loans
The banks have gained from the sub
treasury since last FRIDAY over s.. OCO, 90
A number OF excellent earnings state
ments were published this morning in
Guiding that OF the ST Paul for the tlird
week OF April. The large interests zre
buying securities. and have been for sew
eral days past, despite the declines that
have taken place. The sci ing has been al
most entirely for the shcrt account Ex-
ports of gold are not unlikely at any time
but they viii not be large and they will
not have depressing effect on tie market.
The statement of St Paul for the third
week OF April shows gross earnings Ct
$7iS,51I, an increase OF ST7,657 The in
of something like 81 coo, 400 a year. ard
there is now no question that the years
gain will be at least this sum. There is
excellent reason for believing that the net
earnings Will make a better showing
during the remainder of the year. All the
reports from the West are encouraging as
to the winter wheat crop. and friends OF
the grargers generally are becoming much
more hopeful regarding the immediate fu-
ture OF these securities
Other earnings statements received this
morning were all good The Wheeling
and Lake Erie March statement shows
gross earnings $24S, 400 net earnings ST.
500. The gross earnings from July / were
g, O01, 400 and the ret earnings 1886 400
The Wabash statement for the third week
Of April shows gross earnings S314152 an
increase Of $41. 4O1.
The boom in Sugar continued this morn
ing. the stock selling above ITO early in
the day. The decline in the price of raw
sugar leaves a larger margin between il
and the present refining price and this is
satisfactory in itself though il is not of
sufficient importance perhaps to account
for the boom in the stock. except that il
leads again to talk of a settlement of the
Sugar war. There are the usual denals of
the settlement talk by Sugar authorities
and it is probable that the advance in the
price OF the stock is simply another mani
festatiOn OF the campaign against the
shorts.
The assertion that the Roekefellers have
obtained control of the Missouri Pacific Is
heard again and with much more circum-
stance and detail this time II is said that
their holdings OF the stock are undoubtedly
larger than those of the Gould interests
The stock Is strong agein
The anthracite coalers which showed
weakness in the early afternoon yesterday
were again strong This morning and COS
sip regarding them was most bullish
There is good buying of Reading. FIRST pre-
ferred, on every decline as well as on the
advances. by interests which are quite ey-
identity accommodating IL in large amounts.
The steel securities were strong tkis
morning and il seemed not in the least
improbable that any squeeze OF the shorts
would induce quick advances in this group
Washington sreclS Exchange.
Sales-Capital Traction, as: s.. OOO6