Birmingham age-herald., 1894-07-03
IN WALL STREET.

NEW YoRK, July "A somewhat more se- rious aspect of the American Railway union strike at the west and further extension of troubles had an unfavorable effect on stock values at the opening, and in the first hour or sued. Pullman Palace scored the heaviest loss, falling from 15919 to 155t9. The Grang- CTS, being right in the center of the fight " ere particularly affected. St. Paul uecined from 59ss to 5S&, Rock Island from 67 to 66B |, Northwest from 1O4ss to lO4 and Chicago, Bur lington and Quincy from 56& to 53s4 Mis- souri Pacific also lost 7s per cent selli 2 down to 25A, but the general run on railroad stocks declined only Is to es per cent The bears at striking news. but after the attack at the opening and the failure to shake out any i'm portant amounts. of long stocks, they devote ed the remainder of the time to getting back their contracts. Neither strike nor unfavora- ble earnings had any effect on holders, who appear to be content to hold their stocks un til business improves. The light shipments of gold and the further decline in sterling ex- change neutralized the unfavorable features just referred to. In the afternoon speculation dragged until near the close, when rally of A to B per cent took place. Pullman recoy- erately active. In the early trading Chicago Gas fell 1ss, to 77ss, the street being dark in regard to Judge Winde's decision in the Ma to 7SA by brokers identified with the insiders and the buying was subsequently explained by statement by President E.. 0. Benedict of the Chicago Gas company to the effect that all questions of legality in the operation of the company will be removed, and that the plan HdS DeeH SaHCllOueu Dy Iue COurC sugar ranged between 99 and 101 and closed 1003B, against 10OA on Saturday. Lead was stronger, rising to 394@3S7s. Tobacco fell IA per cent. Whisky declined IA per cent, to 23, and re- covered to 23ss. The market in the main closed frmer. Net losses for the day were s4 to 7s per cent. General Electric, Lead, Read tug, Baltimore and Ohio, Union Pacific and Long Island Traction rose l Is to IA per cent The bond market was dull and irregular.
 The sales of listed stocks aggregated 74,- GOO shares, and unlisted kstocks, 34 .OO0 shares.
 NEW YORK, July 2.-Money on call was easy at per cent, last loan at per cent, and closing offered At per cent. Prime mercan- tile paper, 312G4 per cent. Bar silver, 62Iac.
 Sterling exchange was easier, with actual business in bankers bills at S4.s7@4. STA for sixty days and $4.S7A for demand; posted rates, $4.e7l2@4. S9; commercial bills, $4. S60 4.s6A.
 Treasury balances--Cuin, $S2, ,413 ,O00; cur rency, $53 ,436 .0Oo.
 Government bonds were firm.
 State bonds were dull.
 Railroad bonds were irregular.
 Silver bullion at the board was neglected.
 Closing bids
 Louisville and Nashville. 44ib Memphis and Charleston. ................. Mobile and Ohio. ............................ IS Nashville, Chattanooga and St. Louis.. 70 Richmond T Terminal. l....................... 1O56 Tennessee Coal and Iron n.....-........... 16A Tennessee Coal and Iron preferred...... 65 Western Union. ..........,..,............. SEA-
 BONDS. Alabama, class A...................... 1ooIs Alabama, class B. B........,................. 1O1 Alabama, class C.. ..............-.-......... -94