Birmingham age-herald., 1895-05-03
In Wall Street.

New York, May Eff there have been any doubts existing as to the character of the current speculation today's operations at pei them. For days past the chronic bears, whenever the upward movement Jagged, have begged away at the list, at one time using the light earnings of the grangers and at another the apparent inability of the subsidiary of the anthracite coal roads to get together on the question of May output; This, it was claimed, would inevitably lead to runous coal war. Today, however, the coal sales agents met and agreed to mine three days a week. instead of working daily to their full capacity, and even the Reading representative stated that his company would not stand in the way of a settlement of the troubles now perplexing the trade. This was a severe disappointment to part of the street, who have been selling coalers on the prospect of a war, and in the last hour of business there was some heavy buy ing to cover contracts. Reading moved up from 16% to 1712, New Jersey Central from 95A to 961a, Delaware and Hudson from 129 to 130 and Lackawanna from 159 to 160.
 Sugar was more active than the coaIers, but it's fluctuations far less important to the general public. Over 0,000 shares of the stock were traded in at 111%@113B, clos ing at 1l22l The strength of the stock was attributed to buying by a new bull pool. Refined was advanced again today for one grade of sugar. This appears to be a part of the bull programme. Chicago Gas and Leather were also more active at higher range. The west and Standard oil inter ests bought the former, and 1t was said that the chances for favorable legislation by the Illinois legislature were favorable The grangers, were stimulated by good crop news and improved about HQ7s per cent
 The market closed strong and confident Net changes for the day show gains of Ii to 2 per cent. Total sales, 32SS SIP shares, of which 5O700 were American Sugar. 3S 300 Chicago Gas and 30, 200 Leather.
 The bond market was active and brisk demand prevailed throughout the day.
 New York, May 2.-Money on call was easy at 1l2 per cent; last loan at 1l2 per cent, and closing offered at 1l2 per cent. Prime mercantile paper, 4@4l2 per cent. Bar sterling exchange was inactive. with actual business in bankers bills at $4. .ss@4. ssA $4. s7a4 .s7$4.
 Treasury balances-Coin, Ss3 ,121, ,oOo; cur
 Government bonds were steady.
 State bonds were nrm.
 Railroad bonds were strong.
 Silver bullion at the board was quiet.
 Closing bids
 American Cotton Oil preferred. ........ 77a American Sugar Refining. 112W American sugar Refining preferred..... esA American Tobacco... ............... 104Is American Tobacco preferred. ...-....... 10s12 Atchison ........... ............ ...... 54s Baltimore and ohio.. io...............~....... STA Chesapeake and Ohio. io..................... 1s% Chicago and Alton. on..................... a. 14e ehieago eehhiieago' das Burlington and Quincy. 7sS 7sS Delaware, Lackawanna and Western. -. l5s3s Dlslliers ana Cattle Feeders, ............ 1883 Ere. ........................... 12 Erie preferred. 24ia General Electric. ..................... 337s illinois Central. ............................ 92 Lake Erie and Western. ................ 20es Lake Erie and Western preferred. 77ls Lake Snore ............................ 142Ia Louisville and Nashville. e....-............ 56ss Louisville, New Albany and Chicago... SIS Manhattan Consolidated ated.................. 116
 Memphis and Charleston. 10 Michigan Central. l.......................... 100 Missouri Pacihc..... ...................... 26A Mopfie and Ohio. ...................... 1872 Nashville, Chattanooga and St. Louis... 70
 United States Cordage. 6R United States Cordage preferred........ 10A New Jersey Central. i........................ 96 New York Central. ...".................... 9sss