Birmingham state herald., 1897-07-14


 Spring Lambs-saSic. Good demand. -fe. SSteers-Best quality, 3Q3hc- Du. aaeifers--2% Q3Ac. s-.5s.5.#lt ..'
 Oxen--Good 2I5@3c 4s HE, OXen-Rough, 1@2c. s.555 - z5y
 Cotton etser.
 New York; July 13.-Ther was quite boom in the cotton market today, T, The Liverpool dispatch this morning was tame. That market advancing but one-half sixty fourth Prices here were 3 to points highre at the opening. There was abso-S lutely no selling pressure and under the lightest of trading prices crawled upward during the morning. The weekly weather bulletin was favorable on the whole, but, its report from Texas and Arkansas com plained of insufficient moisture and therefore it caused no weakness Tn the afternoon heavy spot sales. were ,- an nounced, the Wall street house was a large buyer of August and the market became strong and ran up rapidly. Liverpool, New Orleans and the local bears bought freely just before thee lose, August op-, ened at 7.37, advanced without apprecia- ble reaction to 75O and closed at 749, with the tone of the market firm The busi- ness of the day was small and indicated the continued absence of outside specula- ton. The bulls are confident ,as, ever of higher prices. We favor selling on all good rallies. RIORDAN & co.
 InWall Street.
 New York. July 13.-The healthy condt- tion of the security market today evil denced by notable and widely distributed advances; especially in the coalers indus due to various favorable influences of gen eral effect The coaers easily responded Eehgh Vseya eeon Of officers and d rectors known to be acceptable to- the com trolling interests in other anthracite prop critics and to the harmony in operation expected to result The July Interruption of the proposed inquiry into the anthracite trade under the antitrust law enacted by the last New York legislature not only had a god effect on the coalers, but strengthened the whole industrial group. Today's Washington rumors continued fa- vorable to the refining interest and to the effect of ta compromise sugar schedule pleasing to the company would likely be. agreed puon by the conferences 9i The re suit was that Sugar scored another hig points above yesterdays Close and over which was 1s4A. The suspension of an house suppoced to be hurt in carrying a large line for a large operator operated for time to depress Sugars7l Hhis now supposed that yesterdays sharp jump in Sugar was partly due to knowledge of this operators position. The announce-' the market which carried prices generally a fraction below last nights close, The fluctuations in Sugar were most cratic and wide, attended by heavy covering of shorts. Hesitation ensued and then there was increased activity and strength. The tranactions in the stocks comprised a fourth of the total transactions In all stocks over 1900 shares being sold..
 After a momentarily decline at the op- saH eg he stock feaee sed sR M en pary recovered. closing at a point advance over yesterday. Chicago weather advices bettered the grangers, a sharp fraction, susquehanna and West preferred and Delaware and Hndson each. Other stocks not hitherto rnen- more were Tobacco, Canadian Pacific, New Jersey Central. Reading first preferred. do second preferred. Minneapolis and St. Louis Western, Spirits preferred, Eeather pre- ferred and Oregon Short Line. The clos- ing was strong and generally at best prices close in cases not specified above. Marked exceptions were Brooklyn Rapid Transit and Des Moines and Fort Dodge. whici. closed %fd1A respectively, below yester-
 The total sales of stocks today were soa,- DIS shares including Chicago. Bnrling- son s.o65. Louisville and Nashville 5 23O New York, Susquehanna and Western pre- Reading 2s' Sso. Rock Island i4ooo St. Paul Paul 34 1e8, American Tobacco 12135, Chicago Gas 14596, Sugar 79,06 United States Leather preferred 1884. .ts '-ssttss
 Considerable strength was. displayed among few of the industrial mortgages, but the general market also displayed an improved tone on moderate purchases. Business was somewhat more general in the low priced securities with the liens of some recently reorganized properties assuming prominence. The aggregate sales were $l.703 090.
 Money on call nominally 1@1A per cent; last loan l.: closing offered at 1 per cent.
 Prime mercantile paper. 3G4 per cent
 Sterling exchange steady with actual bus mess in bankers bill at S4S7l5$4S7N for de- mand and a $4.S6Gs4 S6A for sixty days.
 Poster rates, $4.S7GD4s71h and st.sSli.SS1a.
 Commercial bills. s4.S5H.
 Silver certificates, 60%QB
 Bar silver, 60A.
 Mexican dollars, FMc. ag Government bonds firm. ,r
 State bonds dull. Railroad bonds strong.
 Closing Stocks: .az9@f
 Atchison ...................,.., 12x Adams Express. .............,......... 151'n Alton, Terre Haute. ............. 59 American Express; ... .ss... 1lS r. Canada Pacific. ........ ...:............... e8~ CanadaSoutnern.. ..:..t..'.. .4 ..sS 50 Central Pacific. ...........,,..........,, gu thesape ake and Ohio. o...,c,.,..,.......-- 1T Chicago and Alton. .............. 14s Chicago, BurliD gton and Quincy: ...;sG. S3ts Chicago Gas. ............aa,,a,,..,..,. r, 94A Consolidated Gas ........................., 164ts Delaware, Lackawanna and.Western.. leeni