Birmingham state herald. (Birmingham, Ala.) 1895-1897, 1897-01-28

In Wall Street.
New York, Jan. T.-Speculation at the
stock exchange was Hfeless again today.
Here and there, owing to special causes
jority of the usually active issues dragged
along in a listless way. A feature of the
Valley securities, the common falling "a
10 I, the lowest figure vet reached. The con-
xe ses s Pee former Sr e9 @
~ rallying to 707s. The break was due main
" to forced sales of securities he'd In loans.
Reports Of receivership could not be con-
firined, although the rumor was again wide
ly circulated. In February and March the
company has interest charges Of about $780,
600 to meet. In consequence the Efforts Of
the managers of the bituninous reads 10
settle their differences and restore order Is
sooiation was in session at Columbus, o.,
today, but up to the close nothing, of a
definite character could be obtained. The
Delaware and Hudson and Lackawanna
We're pressed for sale on fears of unfavor-
able annual reports. The first named como
pany submitted its statement for the year
ended Dec. 81, 1896, just near the close It
showed a loss in net earnings of $3.50, 2ls
was sS5,6O6 Dividends earned last year
were fraction over per cent. against Ga
a. @ IN eGh ssa wa se paf
is due later in the week and the best infor-
nation is that this company win also make
of the coal properties and hold tolerably
firm until the publication of the Delaware
and Hudson report, when slightly weaker
tone was noticeable. At one time the
grangers showed tendency to cut aloof
statement Of the st. Paul having exceeded
the expectations of the bulls. For the pc
Rod ed the Tead reported gain It IN net
Burlington report for the same month will
show dsslisht increase in net earnings This
statement Is looked for. Outside. of the
issue named, there was nothing in the mar
ket to call for special comment Commits
sion house business continued duh, while
London cut no figure whatever in the deal
ings. Speculation closed quiet. Net changes
show losses of A@1Ss per cent, the latter
ware per per cent. to IS as compared with the
last recorded sale at the stock exchange.
Total sales were. only ESQ.,! shares. includ-
ing 12,000 Burlington aud II 800 Sugar.
Bonds were irregular today. Transactions
aggregated 81 100000.
Money on call easy at lia@2 per cent. last
loan at 1la and closing offered at H. f..
Prime mercantile paper. 3@31s per cent.
Bar silver, Coo.
ness IN bankers bills at siSiaM4S5 for
sixty days and sa.s6AG4a for demand. ~
Posted rates. s4.s5G4.S71k. .-- =
Commercial bills. S4.sslsl4.S4. or
Government bonds strong. t. tu
State bonds dull 4as7
Railroad bonds irregular. fliNEltl ..rl
Silver at the board was higher.
Closing stocks: hfi
American Cotton OI.........-............ I2H
American Cottopon preferred .......... 54l3
American Sugar Refining. 1l7is
American sugar Refining preferred. lG3 =
American Tobacco .......i..... -. T3%
American Tobacco preferred. ...;,,.-- 192M
Atchison ....st...... .............. lat
Baltimore and Obio..........- ..........., Is
CanIiia Pacific $500 ,.....s..........a SIN
Chesapeake and Ohio. 17k
Chicago and Alton. .,...-....... 49,. 165
Chicago, Burlington and Quincy. 74%
Chicago Gas. ..............,....... TsaS
Delaware, Lackawanna and Western. l53ls
Distiilers and Cattle Feeders ,.....,... ..,...
Erlef. ....... ff.... l--........--.. Ism
Ell eNpreferreG.. Observation-Disclosures. "a
GeneThl Electric. .......... .,.....,....... BAG
Illinois Central. ............. 93t
leket Erie md Western :. =. !, sl6%,
Lake Erie ard weAterB preferrea7.. -. 50 p
lake cnofe. lo1
LOUSY lie end Nashville. -. IL .......... 81