Birmingham state herald. (Birmingham, Ala.) 1895-1897, 1897-01-29
In Wall Street.


New York Jan. 2S.- Speculation was ex-
tremely duh again today at the stock ex-
change and the fluctuations were trifling.
The only wide changes S Were In few Of the
Others declined. The trading, however, was
so small that no special significance was
transactions aggregated only 1856 shares
of which 1890 were American Sugar Re-
fining. No other stock figured for as much
as 10000 shares. The fact that quotations
rom London came fractionally higher at
zhe opening did not authorize the market to
make any response, owing to the continued
lack Of orders for outside account. Prices
yielded hQ1a, but the losses were soon re-
covered, only to be followed by another de-
tionally below last nights finals. The dec
!aration of the long expected 2 per cent.
Dc by the ST Pa d b
with net gain of only u per cent. North
ern Pacific. preferred, certificates were no.
ticeablq strong and advanced from 1891 to
35. A well known Broadway house with
Washington CONNECTIONS began prominent
buyer. Hooking Valley advanced 2 points
pany had provided for the interest and that
the htuminous coal roads had settled their
1 viii go into eject at once s a and
for some time in the east Manhattan
that the company had decided upon a new
issue of bonds, but there Was o partial re-
eSyery e on the denial Of the story Long
Lackawanna rose ~ and later lost the i'm
provement. Lake Shore declined point.
Manitoba on the other hand jumped 3. Spec
ulation closed rather weak in tone. owing
chiefly to the appearance of selling orders
in Sugar which carried that stock down to
116lz While the stock market was slug
gish commission houses report a good In
qury for investment bonds.
Government bonds are notably strong as
a result of the extreme ease in money and
the fours of 1925 today scored the highest
prices for q long time past. Net changes
Manhattan leading. Northern Pacific, pre-
ferred, gained rs and Hooking Valley ia
per cent. tfa
The general stock market was strong
Sales footed up s., So. 900.
Money on call easy at 1isGi2 per cent, clos
ing offered at 1H per cent.
Prime merchortile paper 3al3ls Der cent.
Bar silver. GA 15-i6c.
Sterling e1chapf g higher With Y actual bus
Posted rates, s4S5H@Iss.
Government bonds strong
State bonds dull rs,f-f fr
Railroad bonds higher
Silver at the board was. firm. IA y IN
Closing stocks:
Ane; icnn Cotton OH. al. ........ 1lu
An erican CottouOil9 preferred. .,...... 81
American Sugar Refining. ..............:- .1I6ss
American sugar refining preferred .. .lc1,s
American Tobacco preferred, .. 1oas
Baiimoreans ohio. ......'......:.: i i55~
Canada Facitc. -. .................... 54A
Chesapeake and Ohio. .................. l7K
Chicago and Alton. .'................... 1874 !,
Chicago, Burlington and Quincy. .,....n 73ss
Chicago Gas. -. .<....... =. 76
Delaware, Lackawanna and Western. asa
Distiliers and Cattle Feeders ...........f.....
Erie. go. Observation-Disclosures. 14M
Erie preferred. neutrality-suspicious.. 34I2
General Electric. - :, =. .E... 34H'
Illinois Central. .,.y....,s.........ss..<.. Y3ts-
Like Etie and Xestern... :. ~, - 1874
Lake Erie and Western preferred 80. 67H
Lake Shore. ....... ,............... ....... 152
Louisville and NEUTRALITY-SUSPICIOUS.. SON
oujsville, New Albany and Chicago -. n