Birmingham age-herald., 1895-02-21
IN WALL STREET.

NEW YORK. Feb. 20.-The great success Of the Belmont Morgan syndicate both in Now York and Sondon created quite little bullish feeling on stocks, but unfortunately. for the commission houses it did not bring with it any material increase in business. The dull ness in the face of the enormous subscription and the evirtual defeat of the free coinage sil- yer bill in the senate was disappointing, but the best opinion is that when the importance of the et forts of the syndicate to keep the gov ernmeDt gold reserve intact is better under- stood 1t will be reflected in broader and higher market for securities generally. AL ready sterling exchange has commenced. 10 weaken On sales of bills by bankers identified with the syndicate, and the old government issues have advanced 10 higher level. The at 112h this morning, were bid for at 1ls nt the close of business. The Improvement in prices ranged from h to 1l2 per cent. the grangers, anthracite c0aers. Missouri Pacific, Erie and Western Union leading in the rise. Chicago Gas was unsettled and irregular on the reIteration and denial of big floating debt. Distillers ruled firm on the efforts making to advance the price of spirits and re- senate to take up the Patterson pooling bill had no influence on the market. Speculation advances of A to 1l2 per cent. Delaware and Hudson leading. he bond market was active The sales of listed stocks aggregated ST. 900 shares. unlisted 31 QUO shares.
 NEwsYoRK. Feb. 20.-Money on call WAS per cent, and closing offered at 1l2 per cent. Prime mercantile l nper. 3ssa4 per cent Bar Sterling exchange was weaker. with actual business in bankers bills at s4.s64a for sixty days ,i and $a.ss for demand; l;lI,l Si.s6T.
 Treasury baIances-Coin. s7s .2a2 1000; cur rency .S75, 13s ,0oo.
 Government bonds were higher.
 State bonds were dull.
 Railroad bonds were strong.
 Silver bullion at the board al bid. 6:ic asked. Closing bids
 Louisvills and Nashville. 52as Memphis and Charleston. n.......-.-........ 10 mOD1ie iaAu OnlO IA Nashville, Chattanooga and St. Louis.... 64 Tennessee Coal and IroD................ 1a% Tennessee Coal and Iron preferred. ...... t70 Western, Union. ............................ e7 Southern Raj, way, 5's.-.................... soss Southern, Railway, common. ...-........ O.s Southern Railway. preferred .........-.... 3lss
 ae. BoNDs
 AlaDama,7 class A............ .IOo Alabama, class B..-................-........I .Ioo
 'Es -diyifend tBd. Asked.
 CHICAGO CHANCE.
 CHICAGO. Feb 20.--Wheat had quite a satises factory tone today. the bulls deriving muck qualification and considerable profit from theA action oftbe market. The greatest activity was seen during the last hour. previous "a taken place. The start was weak on north westert receipts, which were again large: financial improvement, the senate's liability to reach a vote on the silver bill and the Lon %9n eaRs s wheat in the northwest by Minneapolis mill CTS, which induced some buying. May wheat opened at 52as a 52lsc, sold between 52ss and 53hc, closing at b3SG53Ac, ha4c higher than yesterday Cash wheat was l.c per bushel higher.
 Cora-Verx few outside ord CTS gre received in corn today, but prices obtained added trengtli from the rise in wheat. 1hero was !. no alteration in the situation and fha news nIas unjmportant May corn opened at 4lssc,
 between 44Ad44ss and a4%a44 'Sc, clos
 the outside, tac higher thyn yesterday.
 corn ups strong aud lsc higher than yes,
 g -.<&,.s.. 4,
 Rpd. HheIpit brequently de-