Birmingham age-herald., 1894-07-12
IN WALL STREET.

NEW YORK. July LA sharp drive was made on Chicago Gas at the opening of bus !2@. The general list yielded Is to t2 per cent ! in sympathy. The decline was due to fears that the Chicago Knights of Labor would fol- low Grand Master Sovereign's suggestion and Further compllcate tue labor situation at the vest. When it was seen, however, that sov- reien's request was having but little infu zee. and that the ranks ot the strikers re- wed few accessions, there decided pge for the beter Cont ons on the Pa coast improved materially and it was also reh that the Pullman employees would res Ito work without arbitration after all. AEENLfhe gov sernment report had a good ef tect on the corn carrying roads and induced purchases of Rock Island and Chicago, Bur IiDgton and Quincy for both long and short accounts. Chicago Gas, after the early de- cline to i2ls. rose rapidly to Is, the recovery being assisted by reports that the company does not employ union labor, and that the Sovereign oruer, even ii carried out. would only have an indirect huence. Sugar scored the heaviest gain among the industrials, ris- ing from 96 to 99 on Washington adyices that the conference com ittec will agree to pro- tective duty on refined sus Ioba to moved up 10 6el2d SSs4 on light II ansactiunS, while linseed Oil fell from 20 10 IT, the suicide the vice-president of the company having started selling movement Pullman was in better demand and advanced per cent, to 15S, closing at 157 bid. The railway list, af- ter fractional decline at the opening, be- came strong and cont nued so 10 the close. more confdent tone characterized ihe deal lngs throughout the session. London exag- ! 9eratcd the importance of the proposed Strikes by the Knights of Labor and sold at the start, buI when 1t was seen that there was but feeble response by members of the order to the call for strike the fore igners turned bul.ish. There was good demand for the Grangers, Reading Louisville and Nashville and Western Union. and the improvement, which ranged from 4 to 1ss per cent, waS well distributed. The market closed strong and Aa2ss per cent higher on the day. Total sales, -l59, ,O00 shares. The bond market opened weak, but closed higher.
 NEW YORK, July l1.--Money on call was easy at per cent, last loan at per cent, anu tnAi O n n- tile paper, 3 3l2 per cent. Bar silver, 62l2e Sterling ,xchange was steady, with actual business in bankers bills at $4.67G4 STA for sixty days and $4 SSA for demand posted rates, s4.s7l2a4. 50; commercial bills, S4 s612d 4 .S6A.
 Government bonds were firm.
 state bonds were dull.
 Railroad bonds were weak.
 Silver bullion at the board was neglected. Closing bids
 Louisville and Nashville le.................. 44A Memphis and Charleston. ................. Mobile and Ohio o........................... Is kashville, Chattanooga ard St. Louis... 70 >chmoDd q Tel minal. ......... ............. 1lA \pessee Coal and Iron 1SAs essee Coal and Iron preferred. ...... tT21a
 Unlon.. .......,.........-.......... e4
 lass A.,....... ................ 99&
 k1a.s ,B ...................... 1Ou%
 n,;sid. Asked.
 n bulish one,
 " than yes
 \ipformation
 |2ht on it.