Birmingham state herald., 1896-11-05
IN WALL STREET. AArAll OAnAoH


 New, York, Nov. 4.-The decisive victory gained yesterday by. advocates of ..sound money" exerted highly favorable influence on American securities both at home and abroad Early cables from London reported 2 sharp advance in Americans all along the more confident than for a long time and the rise in prices was partly attributed to the purchase of 75.000 shares for American account. Local concerns who had the fore i,atture, 'a'' by the way, controlled this bust ness. The opjening dealings here were at- tended with great, excitement Commis- sion houses reported perfect flood of orders and operators who have been holding { off odf contest wer also eager, buyers. stubborn bears covered especially in the industrals and the floor of the stock exchange present. causes to the buoyancy were break of lc in the posted rates of sterling exchange to S4S11s@4S5 a decline in call loans to 3R per cent. per annum due to the offering of over two and half millions by leading private bankers an increased inquiry for commer- cial paper; the disappearance of the prem. ium on gold and an advance in the United States per cent. bonds of 1925 of nearly recently hoarded by timid capitalists will soon be released now that the premium has been wiped out was not without its infiu- ence.
 When it is recorded that nearly $50. .00O, GOO of gold has beenu imported since Aug. 2S ance of the. impending campaign in none tary conditions can readily be imagined. The improvement at the opening ranged Erie and Western. preferred, 61s; Wheeling and Lake Erie, preferred. 5A; Jersey Gen. Coal 47s; Brooklyn Union Gas 4A; Consoi- man 1; Bay State Gas 1; Minnesota iron I; Traction 4; Lake Shore 5N. and the other active issues anywhere from to 3h per Set was m irreguar reg owing S' prot I taking and reaction of N42 per cent was noted. Bay State Gas and Sugar, however, receded Net changes show gains of 1sQ31s per cent. Chicago Gas leading. The transactions %sFs csna aeSyy fResaaIg SeaaIgnE up o s Paa Sugar and S2, 400 Burlington and Quincy
 The railway and miscelaneous bond mar with the rise in stocks The transactions footed up the enormous total of &.142,OOO. T Money on call easier at S&a1O per cent. cent; prime mercantile paper 6G7 per cent. ness in bankers Hills at s4sOlaq4.S1 for sixty i Posted rates S4.S11a@4.s5.
 1 Commercial bills si.f9d4.s0.
 1 Government bonds strong.
 l. State bonds quiet
 l Railroad bonds buoyant.
 K Silver at the board was steadier. ' Closing stocks
 American Cotton oil. ........... IT American CottonOil preferred. 60 | Amer1can sugar L1 | American Sugar Refining preferred. ... 1G1h ] American Tobacco .......,... co. 50 ' Amarican TohaceO nreferred , ,,.,. 9S Atchison ...- ................... 16A Baltimore and Ohio ........... 1o4 i Canada Pacific ... ,.................. 51h l Cbesnpeake and Ohio 174 Chicago and Alton ................tf6 tf61 Chicago. Burlington and Quincy. 79A Chicago Gas.......,.............. ... 753b Delaware, Lackawapna and Western. 159 Erie. ..'................. I6M Erie preferred ........................... 36 General Electric. ........... ............. 31 Illinois Central. .......................... e5 la ke Erie and Western. ern................... 19- Lake Erie and Western preferred ...... 70 Lake Shore. ........................ 152 To uis vile and Nashville ................. 50A Louisville. New Albany and Cbicago... IA Manhattan Consolidated. d.....,<........... 954 Memphis and Charleston. .................. t15 Michigan Central. ...........,, ............ 90 Missouri Paci1c- .-...............u..... 24la Mobile and Ohio. ..........a.... 2ll5 Nashville, Chattanooga and St. Loufs.. G7bs United States Cordage. SIS , United States Cordage preferred.-. 10
 New Jersey Cerfrai.....-s.... ........... 107A New York Central. ........s............... 95 New York and New England. ..........,, t45A