The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1893-08-20
FINANCE AND COMMERCE.
Now York Stock Market,

NEW YORK, Aug. 19.-It is only neces.
sary to state the total sales of stocks
for the two hours of business were
$4,000 shares to give clear idea of the
prevailing lack of interest in the stock
market. Before bank statement was
issued the room devoted It's time to
guessing the amount of the probable
gain or loss in the reserve. After the
exhibit the operators were busy analyz.
ing the report. In the meantime specu-
!ation in the stocks languished and but
1e" issues showed any material change
Tor the day. The bank statement was
generally accepted as favorable and
contributed to the firmness which char
acterized the closing transactions. The
news OF the day was rather more favor
able. La Touraine brought 81, 34S. 200
French gold and the Etruria was re-.
ported down the bay with 81, $50, OO9 adj
ditional on board.
From st. Paul it was announced that
Milwaukee National and the CONNER.
cial National Banks, which recently
suspended, have decided to reopen. or
the half dozen roads which submitted
traffic statements for tho second week
OF August only ono, the Louisville and
Nashville, showed decrease. 1t should
be stated the last named reported de-
crease of $67, 400. Still there was little
disposition TO trade and it isquite likely
that no important movement in the
stock market will take place till some-
thing definite is heard from Washington
in money matters In detail the market
opened quiet and generally lowe, Man
haitian and General Electric being the
weakest stocks. Sterling and Cattle
Feeding then developed streny tn, rising
;ot
4 to 4 per cent. outside OF Manhattan,
which jumped 2}6 to 10S% on covering
by nervous shorts. The market closed
quiet and firm. Sub-treasury balances;
coin, $50, 307,0 900; currency 50, 472. 600
New YORK, August 10 Tho for
eign exchange market closed firm
at about the top notch OF the
week An increase in the supply of
cotton bills is reported, while there is
no falling off in the exports of grain
There Is still premium on gold, and
THIS with the supply of grain, cotton
and provision bills, argues we'll for tho
continuation OF The movement.
The weekly bank stateme mt of asso
ciated banks shows the following
changes: Reserve, increase, S4,499, 575;
loans, decrease, S5,255, 500; specie, in.
crease, safes, 600; legal tenders, de-
crease, S703,700; deposits, decrease,
Sl,s0l, 100; circulation, increase, S7n2, 200.
The banks are now SID, 045, 500 below the
requirements of the 25 per cent rule.
Money on call nominally, per cent.
Prime mercantile paper, SOLE per cent.
Sterling exchange firm. with actual
business in bankers bills at 4s3@4s3N
for sixty days and 4s7@4S7N for dem and
Posted rates, 4s3@4ss. Commercial
bills, 4Sl@4s6M. Government bonds
hrm State bonds dull. Railroad bonds
weak. Silver at the stock exchange was
neglected.
Closing bids
Atchison, Topeka and Santa Fee. IS
baltimore and Ohio G.
Canada Pacific. Observation-Disclosures. II
chesapeake and Ohio. .......... 14A
Chicago, Burlington and Quincy. TAX
Cnlca8o and Alton. ............. 1875
Cotton Oil. Observation-Disclosures. %
Cotton Oil preferred ............. 57h
East tennessee. Observation-Disclosures. u
East tennessee preferred. ....
Erie. Observation-Disclosures. 11M
Erie preferred. ........... %
Illinois Central. Observation-Disclosures. S9%
Delaware, Lackawana and West. 134%
Lake Erie and Western - 1915
Lake Erie and Western pref. ..... SIX
Lake Shore 113
louisville and Nashville. ...... $3.50
Memphis and Charleston. ..... 10
Michigan Central. ........... Tx
Missouri Pacific. .............. 20I
Mobile and Ohio. 10
N, G. & st. L................... SIS
New York Central. .......... 97A
New JERSEY Central ........ 92h
Norfolk and Western preferred. :. 81
Northern Pacific. ............. 3N
Northern Pacific preferred ... 17%
northwestern .......... o3M
Northwestern preferred. ...... 12S
| aciic Mail.................... 99s
Reading. .................. 10
Richmond terminal. 136
hOCK lSlanQ. .................. 81
St Paul SO. .................. SIX
81 Paul preferred. ............. 109H
Silver Certificates. ........ 10
American Sugar. ............... 72h
American Sugar preferred. ...... 73
Tennessee Coal and Iron. ... 80.
Tennessee Cool and Iron preferred II
Texas Pacific. NEUTRALITY-SUSPICIOUS.. SO
Union Pacific. ACKNOWLEDGEMENTS. IL
Wabash. .................... 6%
Wabash preferred. ............... 1871
Western Union. ................. 76%
Alabama, class A.............. 100
Alabama, class b. ......... 1O5
Alabama, class G. 95
Louisiana consols. ......... 05
North Carolina As. 100
North Carolina 6s.. I22
South Carolina Browns ...... 95
Tennessee olds. Observation-Disclosures. so
Tennessee, now set 100
6S. .................. "a
s. ................. 81
Virginia. so
6s. 35
Ex-mat. coup. observation-disclosures. so
Do. 3's I11H