Birmingham state herald., 1897-05-22
Ip " All Street.

-'@ New York, May 21.-The stock market was z ysl6ved today of some part of the pres - Spne of heavy liquidation in the Coalers, %saiaa especially New Jersey Central and in .,tAieago Gas, which have been the heaviest drag upon it for several days past. The is latter stock showed some strength today esonesa renewal of faith in the favorable ac- eeiea by the Illinois legislature on the cons Se6vered about two points from the lowest sssofsthe day heavy covering movement. E'9AA underlying strength of the market was = thus allowed to assert itself to some extent M and, was helped by some special strength in is daEs trading brought financial gains all S.through the list. But while the tendency se Of brices was upward, the market was to- ~taIly lacking in buoyancy and was dull and R apathetic, the dealings outside a few specia1 S z eases very narrow. A feature of the mar sggvolpme of dealings in Sugar. Efforts have . been apparent at different times recently s.sIock since the tariff bill has been reported <1to-t the senate. Restricted dealings in z dfopping market would be natural conse-
 e'1rnce of this policy The engagement for 9t export of $1.2e0000 in gold has had no very asplarked effect on values as the amount was R9boht what had been anticipated The ship. = frept is said to be in settlement of bills of a1 seSehange sold during the week. The ex- a and the probability is that such exchange - a is called for is being settled by gold ship -Xatling and this is considered to be not un- likely to continue. The weeks imports of :. dry goods at New York were valued at s.
 
 sspared with last week. It is probable that = the imports of general merchandise at this e port to be reported tomorrow will show the asaJ1reportionate falling off, the decreased re- sesceipts from customs reported from ray to & day foreshadowing such a result and ac- z, counting in part for the light demand for D. exchange. London did some buying in the qr@lNew York stock market and was factor in the upward tendency of prices. New Jer- 2 sey Central and Chicago Gas again absorb 9aal ed about one-thild Of the total dealings to- day, the aggregate sales of all stocks being = only 112 GOO shares. The railways practical S ly gall closed higher. Omaha leading 1A. sesrThere was good buying in Western Union eaeresnlting in a rise of & on the day The close was strong though dull and practical E-qt te top prices of the day. ssSl s!Phe total sales of stocks for the day E. can Sugar Refinery. 62O0: Burlington and g-Cuincy 800: Chicago Gas, 13, 400 Rock
 IeIand, g, 100; New Jersey Central. A,S0O. ssssS The bond market ruled quiet and unin- g teresting with a slight tendency towards 6 higher plane. The St. Louis and San rFan- s5sciseo securities were prominent in the spec g Llation with the general dves rising 1R, and ss- the sizes 1 per cent. The aggregate sales 2 were SS77, 600.
 &s Money on caI easy at 1A411s per cent; sF'iast loan, 1h per cent: closel 1Aq1lk per se cent. Prime mercantile paper, 3hd4 per z Cent. Sterling exchange dull and easier ss,ASfth actual business in bankers bills at Y $fS7A GS4S7h for demand and at S4.S6A@ c S$AS6h for sixty days. Posted rates, $4.87 4 TT coand S4. SSGs4SSh.
 ss Commercial bills S4S51a sss+ ySilver certificates, 60h@60%. se5r+Rar siver. soc.
 z q Mexican dollars, $47hc.
 Ss1 E46vcrnment bonds, firm.
 70 State bonds, dull.
 g kHaiiroad bonds firm