Birmingham state herald., 1895-10-25
THE MARKETS.
In Wall Street.

VI
 New York, Oct. A.--There was an in- crease in the volume Of business at me stock exchange, but the activity was at the expense of values. The room traders ana professional operators we're generally on the bear side of the account, and the short interest was materially increased. Ihe ne sterling exchange, posted rates having been advanced another 1b to $4.s81a and $tSsls.
 The further rise In rates revived the uls- cussion about gold export and the bears on stock were quite confident that snlpmedlts will be resumed shortly. While tnere may i19, be nothing in the persistent selling nna1ay led to moderate hquidations in certain stocks, notably Manhattan and Tennessee Coal Iron and Railway Manhattan dropped 2b per cent to 105 and closed at 1O51s. The old stories about reduced revenues because of surface competition were again ailoat; Tennessee Coal, Iron and Railway broke Z per cent to 6S5s; and later recovered to 3S3s. A rumor was current that the negotiations were off and led to the selling of the stock. The southwesternS and cotton carriers were generally pressed for sale, the short cotton crops being the bear argument of these s,l5 is- sues Missouri Pacific declined l$s to o3ta, Louisville and Nashville 1ss to 69, Kansas and Texas preferred $ to 33la and Texas St. Paul earnings for the third week or Oc- tober held the grangers steady for a tlme' eral list. In the fndustrials Sugar was. feverish at 104ss, closing at lO5 the com mission house which was heavy sl sellgr yes yes however, had little influence. Chicago GaS' Central Trust company ruled steady at GSI2 06S7s General Electric Distillers, Lead and Rubber were all lower, the decline ranging from F to | per cent. National starch hrst preferred. brought 45, against 30 the last reported sale. In inactive stocks Minhe- sota and St. Louis preferred broke 512 to 55la. rallied to 57 and closed at 55&; Ths first preferred fell 1A to S41a and unltea States Express 1 to B. In the last hour there were indications of weakness in the sterling exchange market, and this, with break in cotton, and the engagement CT round amounts of wheat for export, lnpafi- rd a firmer tone to the dealings. Prices ralc lied A to IS per cent, except in the case t ol Manhattan which continued heavy Ihe market left off somewhat hrmer. Net changes in the active stocks show losses oL h12I5 per cent. Sales aggregated Z59, loo shares, including 5s0O0 Sugar and ll'5U0 Ieil- nessee Coal and Iron. A, oooooo
 Bonds were weak; sales were $l,zso,eop
 The sales of listed stocks aggregated l9l h 112 shares and of unlisted stocks 6S,oiS shares.
 New York. Oct. 24.-Money on call was firm at 2@2l9 per cent; last loan at per cent. and closing offered at per cent. Prime mercan tile paper, 5AG6 per cent. Bar silver 67l2c. Mexican dollars. -
 Sterling exchange was easy, with actuai business in bankers bills at S4.oIl2@4.ois4 for sixty days and $4 SSla SSA for demand; posted rates, S4.SsI2Q4. 69l2: commercial bills, $4. SoA 94. ST. . oo, -
 Treasury balances-Coin, s90, 2,O6l; cur- rency, 800. l3S.9l
 Governm ent bonds were steady
 State bonds were ,ull.
 Railroad bonds were lower.
 silverbullion at the board was Qoiet.