The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1894-03-01
FINANCE AND COMMERCE.
Now York Stock Market.

Anew Aohh, L eD. So.-BuSluoSS at the
stock exchange to-day was better dis
tributod than of late. The railway
issues met with good support while the
industrials contributed their Usual
quota to the total transactions. A much
hrmer tone characterized the dealings
and taken altogether operators were
disposed to take somewhat more
cheerful view OF the situation. 1t
should not be inferred. however, that
there was any marked disposition to
enter into eItravagant contracts Of the
long side. The bulls to day were simply
feeling their way.
They had in their favor some buyinR
for London account, enough TO cause
shading in sterling exchange rates, and
considerable covering for the short &C
count. Those operating for higher
prices think that the Senate will mod
lily the tariff bill 80 far as sugar is COM
cerned, and are backing up their opin-
ion by purchases of the stock. London
came higher for st. Paul and thisswith
the purchases for the short account led
to rise in the stock to 59ss. The for
eigners also bought little New York
Central, which disturbed some of the
small shorts who have been putting out
sellers options recently.
The result was an advance of ~ to
100, the hest price for long time past.
General Electric attracted attention,
rising to 40ss on talk of resumption of
dividends on the preferred stock and
improving business. Covering of bear
contracts put Western Union I'D to
S5x Richmond Terminal was active,
the com mon rising q to AZ and the
preferred to II. The fves jumped 9
to "a and the skies to so. it ia ex-
pected that the reorganization commit.
toe will soon announce marked con-
cesslons to the junior security holders.
The market in the last hour WAS
stronger tnan at any other time of the
day and the best prices of tho sessions
were made then. Speculation closed
strong. Total sales were 159, 900 shares.
In the specialities National Starch.
common, sold at az against 6 some
time ago. Transactions in the first
preferred were made at 40 against so
tho last reported sale at tho board.
Pullman Palace advanced to 1862 and
Evansville and Terre Haute fell to 80.
Railway and miscellaneous bonds were
actlve and strong. Treasury balances;
Coin, S94,740 900; currency, $40, 65I, 900.
Produce and Merchandise.
NEW York, Feb. 2s-Flour easy.
moderate demand; winter wheat. low
grades, 2.00@2.45; patents, 3.25@3. so:
Minnesota clear, 2.5O@2 90; patents,
3.75@4.35; low extras, 2.O5@245. South
ern hour dull. easy; common to fair
extra, O0@3.0 90; good to choice. 100
$40. Wheat dull, ]<@Hc lower, clos
ing steady; No. red, store and eleva-
tor 6l@63A, afloat 6lH; options ad-
vanced h@A, fell M@X. closed
steady at sS@x under yesterday with
trading fairly active: No. 9 red, March.
81 e; May, 65aE, July, 65sl; Deoem ber, II.
Corn dull, firm; No. 3, 41x@4l% ele-
vator, 42x@42% aloat; options quiet
and steady, at Il decline; March, 41%;
May. Az. Oats dull; options firm;
March, 34%; May, 341s; No. white,
March, 36H; spot No. Q, 37@3T%; No. 3
white, 3s@3S1s; mixed Western, 3s0 49,;
white do, 5000. Hay quiet, Arm.
Wool steady, moderate demand; domes.
tic fleece. 2o@25. Beef steady, quiet;
family, 12@14.
Beef hams dull at 1850; tierced beef
inactive, steady; city extra mess, 1s0
81. Cut meats dull, easy. unchanged.
Lard quiet, lower; city, 7@74; futures
nominal; refined dull, lower, I'M
changed. Pork quiet, steady; mess.
Is 5O@1 400. Butter, large supply.
lower; State dairy new, 1924; do old,
l4@ls; do creamery new, IS; Western
dairy new, 13@17; Elgins. 25.