Birmingham age-herald., 1895-07-03
MARKETS BY TELEGRAPH.
In Wall Street.

New York, July 2-The stock market during the earl early hours of business was strong a and q higher m and prices scored an ad- England Colorado Fuel, the Grangers. @ a 4Jem Jer. sey Central, Reading,@ Kansas and Texas were the most conspicuous. The early rise was based on favorable reports from the ments that the rate situation was showing decided signs of improvement, the result held in this city between the leading bank CTS and the prominent railway magnates The reports which stimulated the upward movement were to the effect that J. Pier pont Morgan would take hold of the Read ing reorganization shortly. The improve advances in wages granted by the,iron and steel manufacturers also added to the bull tonary movement set in. FhisA was par tialiy due to heavy sales of the Grangers cessful on the bull side of the account. and who is about to leave the street for a couple of weeks. The selling revived the made fresh demonstration against the market. Simultaneously with this selling rumors of gold exports were revived, but gossipers did not give up the name of the intending speculators. This declined the faiiway i Tn the afternoon, ranging from F Nashville, Missouri Pacific and Big Four. to 63A fell to 62@62B. The dividend ques- tion continues to be much discussed. but character has developed. Tobacco was in demand and rose 45s to 112zs on the report the Canadian cigarette factories Sugar Jumped 21s to Ill, but later lost the improve the tompaRS haye sae T Officials Ea e of of the stock, exchange and have filed a re- port with the government. The common stock list will act on the matter next Mon- day, In. the closing transactions Colorado Fuel and Iron was progressively strong and rose to ss. Speculation closed weak in tone. Net changes in the active list showed losses of , 4 to F per cent, except for South England, which gained about as much. In the the Ind1stras Tobacco gained yai sed per cndns 5 sass amerean asS ngar h in ccago Gas, 1000 Tobacco, 24, 100 Reading and The, bond market was higher; sales were
 The sales of listed stocks aggregated 246,0oo shares and of unlisted stocks 6iOOO
 New York. July 2.-Money on call was easy at l@2 per cent; last loan at 1l2 per Prime mercantile paper. a0 3Rs per cent. Bar silver, o6s4c.
 sterling exchange was firm, with actual business in bankers bills at SI.sslaa4so for sixty days and S4. s9sa 4. s9 s4 for demands posted rates. s4seP204 soIa; commercial
 Treasury halances--coin. sIo4 .5s4 1000; cur rency, SG5, ,49o ,0O0.
 Government bonds were firm.
 State bonds were dull.
 Railroad bonds were irregular.
 SllVef DulllOn al the DOarQ was sold at G7l50 CHA for 20,U0O ounces.
 Closing bids
 Amerlcan Cotton Oil Oil................,,,, 27l2 American Cotton Oil preferred........... 74A American Sugar Refining. 1O9 American Sugar Refining preferred.... 997B American Tobacco. .......... 11S American obacco preferred. ............ III Atchison ................ ............ ...... 9sB Baltimore and Ohio. o........................ 62I2 Canada Pacific. .........,....., 54 Chesapeake and Ohio o................... 22A Chicago and Alton. ton....................... 156 Chicago, Burlington and Quincy....... 64 Chicago Gas. Gas........................ 62M Delaware, Lackawanna and Western. .. 163 Distillers and Cattle Feeders. ............ 2oA Erie. 1012 Erie preferred. ............................ 22n General Electric ,........................ 36A Illinois Central. ................a....... e7h Lake Erie and Western ................... 24 Lake Erie and Western preferred. s4 Lake Shore. .......................... 149M Louisville and Nashville. .................. 66 Louisville, New Albany and Chicago... SIS Manhattan Consolidated. 112h Memphis and Charleston. ................t t15 Michigan Central. al.......................... 102i2 Missouri Paciho..... ...................... al