The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1893-12-20
FINANCE AND COMMERCE.
Now .York stoo.t nIarkot.

chan2e the bears not only retained the
ground gained yesterday, but made fur.
| Their progress in their campaign for
lower prices. The high priced stocks
were the favorite points OF attack and
these shares scored heavy losses. Lake
| Shore falling az, Lackawanna, 3SS;
! Michigan Central, IL; Illinois Central.
235, and New York Central Il to l0OL
regular. In the last named sales were
| reported at 0S}S sellers sixty. London
| sold little Lake Shore, and Now York
O. II raj and the bears used this for all
| IL va, ~or h.
The talk Of poor earnings was also an
| argument in their favor, so far as the
trunk lines are concerned. How much
the Vanderbilt lines have lost recently
will be known Tomorrow, when the di-
rectors are to meet for dividend pur.
| poses. Now England, however, was the
real sensation Of the day, the stock
breaking from 25A to 1915 on sales of
67.602 shares. There were no new do
velopments to account for the break.
| but the impression was that DO serful
interest was cunning for big block of
ths stock said to be weakly hold. II
the stock could he dislodged the story
is that tho policy of the road would be-
dictased from New York hereafter.
The Changers touched the lowest
|
5oB, Rock Island to 6536 and BurlinQ-
ton and Quincy to 7o1s. New England
sold at It's lowest after delivery hour,
| but the general market showed more
resistance. and refused to follow the
course Of New England at the time
named. This led to the impression
that tho slump in the high price issues
early in the day was due to manipula.
ton, amt brought about for the purpose
OF covering in other parts Of the list.
| Many stocks were tolerably firm in tho
final dealings.
Tho net changes for the day show
declines Of Is to "a per cent outside
OF New England, which is down Ak;
Western Union, Union Pacific, Louis
vile and Nashville, and Northwestern
gained 5 to Il In the active stocks
Now York Central and Susuuehanna
aed Western preferred fell az TO 42%
and rallied to AN and 40. Orsgon
Navigation dropped to 30 and Lake
Erie and Western preferred to G5.
hallway and miscellaneous bonds wero
weak. sales listed stocks, PAL 900 shares;
unlisted, 2l,000 shares. Treasury bal
ances, coin, SG2, 1916, COO; currency, S2s,-
| 3S5 900
Money on call has been easy, ranging
from l@ II, last loan at IL and CLOSING
offered at n. Prime mercantile paper.
aM@44 per cent Bar silver, 70
Mexican dollars, 5G1S. Sterling exchange
Is steady with actual business in
bankers bills at 4s4k@4s5 for sixty
days and 4s7 for demand. Posted rates.
1900 4SS. Commercial bills, 4s3A@
asa for sixty days and 4s6@4s64 for
demand. Government bonds firm. State
bonds dull. Railroad bonds lower.
Silver at the board was neglected.
Produce and Merchandise.
NEW YORK, Dec. 19.-Flour dull.
weak; winter wheat, low grades, O0@
2.45; patents, 34O@3.G5; Minnesota
clear, 2 5O@2.9O; patents, 3.sO@4.35.
low grades, 2.05@2.45; Southern flour
DULL, weak; common to fair extra, 200
G@3.oo; good to choice do, 3lO@4 20.
Wheat spot market firm, fairly active
for EXPORTS; No. red store and eleva-
tor GGN@67, aaoat 6S@6sL; options
opened weak and declined \ cent:
rallied u and closed firm at X over
Yesterday, with shorts covering and a
light trade, closing Decemb Der, 60sl ::
January, G71S; February, Gss6.
Corn, spot dull. steady; No. ., 441@
ASK elevator, 451s@46% afloat: options
declined SO ss, rallied 6@4, closed
steady; trading dull; December, Az:
January, 43A; February, 432. oats,
spots dull, weak; options moro active.
easier; December, 331s; January, 33%:
No. white. January. 35SS; spot No. 3.
800 33A; No. white, 34M@354. mixed
western, 33H@34}6. Hay firm, fairly
active; shipping, 5000; good to choice,
$1,000. Wool unsettled, quiet domes-
tic, 2O@25.
Beef dull, steady; family, 1s.oo@
hams quiet, 15.oO@1525; tierced beef
dull, steady; city extra, India moss.
1920. Cut meats steady, quiet; picked
bellies, S4; shoulders, 6@61; hams.
9@9%; middles nominal. Lard quiet,
lower; Western steam, 500; city, 7.25;
december, s co.; January, 1855; refined
Gull, easy; continent, $40; South
America, Q 65, compound, 6OO@6 25.
FORK quiet, unchanged. Butter quiet,
fairly active; State creamery, 22@27;
Western dairy, 1922; Elgins, 2s@28%.
cotton seed oil quiet, steady; crude, 2S;
yellow, 81.
Molasscs, foreign nominal. Peanuts
quiet; fancy handpicked. 1904. Coffee
options barely steady, 10 up to S down;
December, 1920; February, l6.50@1 6 60;
May, 15.7o@15.75; September. 1905;
spot Rio easier, quiet; No. Z, 1917.
Sugar, raw firm, quiet; fair refining,
2&; refined steady, fairly active; No. 5,
3 3-16@4; standard A, 3.16@4%: cut
loaf' sos 3-16; crushed, sos 3-16;
graduated, 3.16@4M; cubes, 9.16@
AZ: Freights to Liverpool moderately
active, steady; cotton by steamer, 8. 32d;
grain by steamer, Sd.
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