The Roanoke daily times. (Roanoke, Va.) 1895-1897, 1896-01-03
FINANCE AND COMMERCE
New York stock Market.

ress day OF the new year on the New
York Stock Exc hange was not eepe-
cially conspicuous in any particular,
dullnesB excepted, in common with ali
OF the other financial markets The
stock speculation was contracted by ex.
pectAtion of tho new government bond
issue and by monetary condition that
allows OF the importation and exporta-
tion OF gold at the same time and at
prohtin either transaction. or course
the Import of gold and the premium
now reported to be ruling on the yell
low metal are made profitable only on
account of the forthcoming bond issue.
The bonds, according to the general
impression will be sold at so low rate
as to abundantly justify the payments
OF stiff premium for The gold TO be
sSrnea into the Treasury in exchange
therefore. The exports Of gold, though
profitable at q ruling figure, would be
less remunerative. Hence, instead of
the metal being sent out on exchange
operations, IL is imported 90 Q COM
modify. This Ia the malous condition
OF sffairs. In the early dealings she
msrkes proved superior to the receipt
OF disturbing news from London denos.
ing moderate scare on the part OF in
vestors at that center, owing to the fiji.
clustering raid into the Transvaal and
arise In consequence. The prices OF
American securities were also reported
e TO u cent lower. In the local mar
ket, however, prices at tho outset i'm.
proved # cent. The dealings were
light, however, and after the first half
hour dissatisfaction over the DELAY in
launching the Government bond issue
wan reflected in ssggipg tendency of
values, causing the loss OF the early i'm.
m NM
was extremely light. The pressure TO
sell late in tho day forced many stocks
below Tuesdays final figures. espe.
cially In the Granger group. Louisville
and Nashville and Western Union were
particularly heavy, receding and e
per cent, respectively. The closing was
weak with concessions in prices gen
orally on the day.
closing stocks were as follows:
Atohison, IAN; Adams Express, l43;
Baltimore and Ohio. SO; Chesapeake
ana Ohio. l5&; Chicago, Burlington and
Quincy, 764; Chicago Gas. 65S; O. O. G.
and st. Louis, So; Del, Lackawsnns
and Western. 16o; Distillers and Cat
tie Feeders Co.,, 1873; Erie, IA; Erie
preferred. 9ah; Great Northern pre-
ferred, ITO; Lake Shore, AK; Lead
Trust, 25i Louisville and Nashville,
4aHi National Cordage, SIS; National
Oordage preferred, 10; N. j. Central,
100; Norfolk aud Western preferred,
8; Northern Pacific preferred, l2;
Northwestern. 90; Northwestern pre-
ferred, l45; N. Y. Central, 96k; N. Y.
and New England, AS; Pacific Mail,
25H; Pullman Palace, l54A; Reading
AZ; Rock Island. 66X; st. Paul, 6ssS:
81. Paul and Omaha, 341<; SoutherD
Pacific, 20; Sugar Refinery, lo21 q;
Union Pacific, 3J; Western Union,
s4B; General Electric, 90; Southern,
e%; Southern preferred, 274; Tobacco,
7sS; Tobacco preferred. 100
New York Money Market.
NEW YORK. Jan. 2.-Money on call
at 4@5 per cent, last loan 4 per cent,
closed easy. offered 4@5 per cent. Prime
mercantile paper 2 per cent; sterling
exchange strong with actual business
In bankers' bills at 4.s94 for demand
ana 4.s7N@4.ss for sixty days. Posted
rates ss@4 80 and 4.9o@49O5. Com.
mercisl bills, 4.S7. Silver certificates,
67%. Bar silver, 66%. Government
bonds hrmer. State bonds inactive.
Railroad bonds firm.
Chicago Market
CHICAGO. Jan. with gold bringing
u per cent premium in New York
to-day, according to reports circulate
lag here wheat became very weak and
closed with a loss OF cent per bushel
since Tuesday afternoon. Corn and
osts were sympsthetically weak, but
provisions struck path for itself and
closed with gains in ell speculative
commodities in the line Of hog pro.
ducts.
The leading futures ranged to-day as
follows.
Wheat, No. s--Jsnuary, opening,
56S, closing, Sc; May, opening, 50I,
closing, 5SS; July, opening, 59IS, clos
ing, So
Corn, No. s-January. opening, ASK,
closing. 2514; May, opening, %, clos
Ing, 27}s; July, opening, 2SH; closing,
2sA.
Oats No. s-Janusry, opening, II,
closing, IGN; May, opening, 10, clos
ing, 1875.
Mess pork. per bbl.-January, OPEN
ing, $40. closing 8 72S; May, opening,
opening, 0 05, closing. s.l716.
Lard, per 100 lbs - January, open
Ing, 5.27H, closing, 5.32}<, May, OPEN
Ing, 5.65, closing, s. 62k.
Short ribs, per 100 lbs january,
opening, opening, 20 closing, 27x;
May, opening, ASS, closing, 4 62N.
Cash quotations were as follows:
Flour quiet and steady; patentr,
3.15@ $40: soft. 3.1O@330. No Q spring
wheat. 56A@56x; No spring wheat,
55N@56A; No. Q red 59H@elA, No.
corn, 25A@259s; No. 3 yellow, 25H@
259s; No oats. II; No. 9 white, l9A;
No. white, l7H@19; No rye, 32N;
No. barley, nominal; No. 3, 2l@36;
No. 4, 2l@2ix; No. 1axseed, 0 90
sSH; prime timothy seed, 3.57H; mess