Birmingham state herald., 1895-11-13
MARKETS BY TELEGRAPH.
In Wall Street.

New York, Nov 12.-Less attention was paid to foreign news at the stock exchange today, and even lower cables from London had but temporary influence on the local share speculation. Operators, generally speaking, have relegated the eastern ques- tion to the rear and are more concerned about the prospects of earnings of home roads than for some time past. The govern ment crop report, just issued, has revived discussion about future traffic receipts, and the opinion is almost unanimous that phe- nominal yield of corn will inure to the great benefit of the railways, more espe- cially the western lines At any rate the leading officials of these systems are taking In the strain and their interviews have stim- ulated purchases of stocks by capitalist who have been out of the market for months past. The granger roads are steadily in creasing their receipts, as 1t Is. and the earnings promise to be something enormous when corn begins to move freely. For octo- Der the northwest will probably show gain of s7OO,OO and the Burlington and Quincy, 1t is said. is doing almost as well. The fact that the sterling exchange has weakened enough to prevent gold shipments tomorrow also had good effect on stock. There are still rumors of exports of the metal on Sat urday, but it is by no means sure that ship ments will be made on that date as cotton is showing declining tendency. London was busy with its fortnightly settlement but the foreigners found time to buy little St. Paul. Louisville and Nashville and At chison, probably 15000 to 10000 shares in all. Burlington and Quincy became noticeable active, brought about by some amounts of long stocks. The improvement ranged from
  figures of the day, was current at the close. Leather preferred rose 31s to 71, Chicago Gas 29s to 667s, Illinois Central 2A to , g9' Cordage guaranteed to 29ls, Burlington and Quincy to S5l4 Missouri Pacific acit b, to 2lA, Lake Erie and Western to 24ls, Rub Louisville and Nashville, lA to 5iis. Della; ware and Hudson 1% to l29A Lake 5S Erie Erie and nd to 42, Tennessee Coal and Iron 19s to 35, more and Ohio IF to 561a. Rock Island l1s to Grande i e preferred pref red IF to to G6A. Jersey Central IF to 107A, Pacific Mail l12 to 31H, Kansas and Texas preferred 1ss to 3l7s, and the re mainder of the prominent issues 12 to 1M per cent. Chicago Gas was bought on the refusal of Attorney-General Hancock to in- terfere with the Flower-Olco committee in their work of recognizing the company, and Pacific Mall moved up on the reported willingness of the company's representa- lives to reopen negotiations with the Pana- ma road. In the inactive stocks Metropoli- tan Traction bounded up to 109B, on the semi-ofical statements that the company has obtained control of the Forty,second tion closed active and strong. Net changes show gains of Aq2 per cent.
 Bonds were active and strong; the sales
 The sales of listed stocks aggregated 195,- S2S shares, and of unlisted stocks 3O,357 shares.
 New York, Nov. 12.-Money on call was easy at 1l2 per cent; last loan at 1l2 per cent. and closing offered at Ia per cent. Prime mercantile paper. bls per cent. Bar
 Sterling exchange was steady, with actual business in Dankers' bills ut si i.s7l264.s7% for sixty days and $4 s0G4.s9h for demand; posted rates, ASA. ssisG49O; commercial bills. 4.s6ls al STA.
 Treasury balances-Coin. Ss7, SOP, 406; cur rency, S97 .795 .071.
 Government bondswere higher.
 State bonds were hrm. Railroad bonds were strong.