The Roanoke daily times. (Roanoke, Va.) 1895-1897, 1897-01-24
IN The WORLD IF FINANCE
NEW YORK STOCKS.

| NEW 1OIth SIOCkS.
| New York, Jan. 23-Neither the favor.
able bank statement, nor the fnct that
the clearing house exchanges for the week
showed gratifying increase in clearings
| as compared with last year, had any in.
iluence on the stock market 10 day The
absence of foreign orders was severely
felt, and local traders showed II disposi-
ton to hammer the market from st,lrt to
| finish. Representations of the poor earn.
! inSs o. Western railroads and sluggish
| movement of corn WAS attributed to the
low price for that cereal, added to the
benrish feeling against the RAILWAYS.
| There was alsoa pressure to sell the trust
! stocks becaus. OF the decision rendered
by Judge Fitzgerald yesterday against the
| directors of the Tobacco Con: puny, who
will now have to stand trial. Tobacco
stock led the downward movement, drop
| ping from ,6 to 13 1.2. Sugar ran Off
from III 5 to 116 1-2. Leather from
% 1.2 to e S. In the general run OF
stocks the losses were l.2 to per cent
n considerable short interest was created
aud as the operations drew to close
there was il disposition to close out con-
tracts, speculation closing steady in tone
Union Pacific rose to s on the announce
ment of the completion of Il syndicate to
pay off the Government loan hut Lon
don turnel seller, and the rise was after.
wards lost. The total sales were only
81, lob shares. Net changes l.Sal.I loss.
Delaware and Hudson gained ii per
cent. Bonds were firm. Total sales.
$l79, 900.
CHICAGO.
Chicago, Jan. 23.-'rhe wheat market
was steady but dull to-day Operations
were confined mainly to covering by local
shorts, the last day of the week, aud
some lutte uncertainty as To whether the
contents oil the Government report on
Monday will be favorable or unfnvornblp
to prices, tending to induce conservative
buying. The unexpected development
OF Il low barometer in the southwest at
tended by IL snow fall which promised 20
he heavy, tempered II bullish feeling
which began to make its appearance yes
terday and which WAS more prominent
this morning. Fluctuations were within
narrow limits but the range was slightly
higher than the close Of yesterdays mar
ket. May wheat opened rs to 50, clos
ing mt 80 Is, 1-4a3 lie higher than yes.er.
day cash wheat was firm and l.4a1-oc
per bushel higher. Corn-the corn mar
ket struggled along in the even tenor of
its way responding some to the wheat
prices, holding within restricted limits
and business showing no signs of i'm.
provement. Cash corn was steady with
no essential change in prices quotabc
Oats. nothing new developed in the ont
market and business was moderate and
confined almost exclusively to the trans
actions of local traders. The firmness OF
wheat was the controlling factor in de-
termining the course of prices OF onts
May oats closed unchanged from yestcr-
day. Cash cats show no alteration
Provisions-the provision market had
very little life TO it. The packers and
one or two commission houses executed
Il few small orders, but there was no in
iiuent!al business either in the way of
buying or selling. The hog market was
steady, which tone was likewise pre-
dominant in product. May pork closed sc
higher: May lard > i:2a5c higher: May
ribs, :? PC higher. Hides we're quiet aud
steady. Natives heavy 9a9 IA light
SaS Id native COWS heavy, s 10; light
\ 81. But brands heavy, IA; light, ;
III; Texas henvy, SaS IA; light. 13IaS.
TREASURY BALANCES.
New York, Jan. a3.-Coin, 1922. ;lG.-
10; currency, $4,000, 3S4.
TIE VOLUME IS LARGER
New York, Jan. 23.--The week Just
,, past closes quietly in all departments
of both the cotton and wool goods de
partments OF the dry goods market, but
with Il larger volume of business accom-.
| plishcd in the aggregate during the six
| days than Tor Il number of weeks past
| So far as it goes, this is encouraging, but
the immediate situation is hardly reliev.
ed thereby, and sellers are quite easy ~
| deal With.
TO SPEAK FOR TIL. TREATY.