Evening star. [volume] (Washington, D.C.) 1854-1972, 1893-03-24
IN WALL STREET TO-DAY.
Variations in Prices Merely Fractional-A
Rise in Rubber.

Variations in Prices Merely Fraction.i-A
Rise in Rubber.
NEW YORK, March 24.-Specuiation at the
stock exchange opened tame, and the varia-
tons prices were merely fractional either
way. American sugar was inclined to be weak
and fell q per cent to 101H. Lead, on the
other hand, was stronger at 29%. st. Paul
common sold at 751S, ex-dividend.
The feature Of the stock market after 10
o'clock was the heaviness of American sugar,
which sold down from 1921 to 991s. The de-
cline is attributed to liaiidations. The general
list held well for time, and in few cases
sharp advances were recorded. Lackawanna
rose to 144]1. New York. Susquehanna and
Western to 1ss4. do preferred to II. United
States rubber to 50 and Manhattan to ITO,
The rise in rubber is due to buying for
New England account and the room now be-
lieves that the trade Of the Woonsocket works
has been completed. The heaviness of Ameri-
can sugar finally affected the whole market
and near IL o'clock a weak feeling prevailed.
The decline in prices outside Of American
sugar was to IL per cent, the latter in Lack
awanna- At II O'Clock the market was weak in
tone.
The fact that the half million dollars gold
engagement BY Heide!bach, Ickelheirler 4 Co.
has been cancelled had a very favorable effect at
the stock exchange after II O'Clock. There was
Leadership of United States rubber, which sold
Cp to I1. Manhattan sold at 1908
rise of per cent from last night
North American, Northern Pacific preferred
New York. Susquehsnna and Western and
Sugar advanced point more. At noon the
market was strong in tone. The sales of listed
stocks up to this hour were 81. 800 shares and
of unlisted stocks IS 500 shares.
Money on call is steady at 8 per cent Prime
mercantile paper Cal per cent. Sterling ex-
change is steady, with actual business in bank
ers bills at 1864 for sixty days and 4S75z a4S8
for demand. Posted rates, 4s7a4S9; commercial
bills, 1917 a4S7.
The clearing house statement for today is as
follows: Exchanges, SOS, go 1862: balances,
S4,507,779. The subtreasury was debtor at the
clearing house today 81. 217. 252. Government
bonds have been steady State bonds have
been neglected Railroad bonds have been dull
and strong.
DISPOSITION OF THE BANKS.
Banks are more disposed to place their funds
at going rates, owing to a Cessation of the de-
mand for currency for New England account.
All the business at the stock exchange was at 3a4
per cent. and the loans were made at s per cent
with exceptions on approved cola terals at So.
Nevertheless as there will have to be considera-
bic calling in of loans incident to the April divi
dend and interest disbursements feeling exists
that the money market is likely to experie nee
sharp changes during the next week or ten
days. The present ease in money tends TO
strengthen sterling exchange. especially this
market Is practically ba-e of bills. Bankers
now do not look for exports OF more than
S1.500000 gold by next Tuesdays steamers,
notwiths landing the strength on the exchange.
All the leading drawers are now asking 487 and
49,