The Providence news. (Providence [R.I.]) 1891-1906, 1896-01-06
FINANCIAL NEWS
A General Selling on
Change Today.
The London Market for Amer
leans Reported Firm.
Cold Weather InterfereS With the
Transportation of Corn.

New YORK, Jan. 9. The bond an
nounccment is not regarded as bull
argument; it is difficult to say how pso-
pie will look at it. but from all appear
ances II looks as though the money
market will be Eurt by 1t, and what will
probably be more dangerous will be the
immediate Withdrawals Of gold from the
treasury. 1t will be somewhat OF a sur
prise il between this ana February 5, the
time for subscribing to the srl0O, 00O, 900
popular hond issue expires, there is not
break in the market. For 80 days al least
the money market will be disturbed,
shiftings OF sLecula;ions will prevail and
disturbances In general securities and
investments may reasonably b. counted
upon. 1t would seem, therefore, that
anything more than rallies can scarcsly
be looked for.
Pres dent Potter OF the Chicago &
Eastern Illinois road says that the cold
weather is seriously interfering with the
movement OF corn. lie looks for better
price in cereals.
The fourth week in December increase
of the Iexas Pacific railroad amou ,ted to
$4,000
1t is probable that from January until
June ] the Ct. Paul road will make at
least 81 liicient net money O yield 2 per
cent. d.vi I'd apan ne c3pmo" - ock.
the Liverpool I.ttoD stst uent for to-
day is as TO lows: 12:30 clock p. IN.
Business lair. prices favor Du ers. MID
dl ngs, 1872 Estimate Oh "a es, 10
OO0. Flu ure, opened eieady with fair
demand, Ila- ia lower, now quile STEADY.
O'Clock .. IN. Saes ,oday, 10, 900.
Futures quie and eady, u point osclin~
from satuid da IS close.
The por, &c, ipts OF Co on are es imai
ed 10 b, 26,O O0J bates agains b., W year
ago.
The net earnings FOR Nov mber OF the
Pacific Mail is "e Tease "a ,o)0).
All grades of refined sugar are reduceu
Is excep, Nos. II and Is whicu re re
duoed Il.
Josepu says: "The bona is ne is out,
but il is &C rcely likely % be success
under these circumstances aud ousiaer
ing the premium on gold, lower pyiee3
mas De loOheI ior.
A Loudon special reports: lhe market
for Am ricans Is ii IN nd wi the excep-
tion of New York Central is lulIy up TO
the NV York parity. The call for 100
000 00J bonds is regarded as the main issue
aud reessuring in nat obligations viii be
msiniaiued on gold parity. Price under
lead OF Atcbison are from 1-o 20 Il above
New York.
Regarding the Sugar market raws are
quie, AZ UNCHANGED quotations rather
favoriug the buyers although Europe
comes slig lly frmer this u. m.
i Beets 10 Jatit.e4 gu yers sr. ct I9=. 3D.,
and sellers OF los. 10iod.
granulated and some other gra des down
is and few grades al 3-16 per pound,
with numbers II, II, IL, Ia and 10 re-
duceh Il per pouna.
The demsnd is ight, the country ne
ing well supplied ior the mohsBi.
The share speculation continues duh
and heavy in tono. The anEouncems mt OF
a. e. gagetnent OF 1000, 90 go.u ior *
por. romol ToH caused \, neral tila la
whicu the Grang, -, IL i-vIlie alsa y ners
of the leading railway snar.s Suffered 10
the extent of abou, a point. Liquid ting
sales in Leather depressed he price Ia
per cent. 10 62.