The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1897-10-30

lftANs anu lll6 Nlilt1i RStHS lliciedSBu lntli
short line. January steadily declined to
5.S6, and closed at that figure. with he
tone of the market easy The movem mt
for the week was very heavy. The de-
cline has not resulted in modifying the
besrish Feeling. RIORDAN & co.
In Wall Strser.
New York, Dot. 29--'The stock mark It
was apathetic and almost stagnsnt to-
day, brokers and operators apparently
being taken up with politics and the
complications precipitated irto the APP
preaching local contest by the days
events. The recent and continuing
strength in the wheat market has also
tended to divert come share of specula-
tive activity into stocks. Though Read-
ing was liqufdlsasd in volume the stock
was quite strong throughout and only
once during the day did prces sag
shade below last nights level Sugar
gave some evidence of weakness and 1t
was a decline of some points in this
specially which weakened the general
Est Cons Slidsted Gas was also weak
and lest 9 points on the day. Othe1w Sc
there was no stock which manifested
special weakness and Sugar recovered
before the close. Tha g.angers were
strong on the Burlington statement for
September, showing an increase r gross
earnings of nearly $3.50, 600 ard an in
crease in the surplus after charges of
nearly $65oo0O. Reports were current
also of confirmed heavy earnings duTf
the present month. Nevenh IS Omasa
led the grangeps with a net gsin OF ovsr
a poinit. The southwestern stocks and
some of the southerns were quite strong
on the belief THAI: the yellow fever out
break would soon be ended by frost A
number OF thesa stocks show net gains elf
a point or over. The coalers recovered
during the day all of the losses which
they suffered yesterday, their net gairs
running between los PORTS, and in the
case of Lackawanna euasnding to
points. Union Pacific ra.lied somewhat
from It's net losses, ard the buying be-
ing encouraged by Loui3n's example and
by 81 rumor that a large short interest
had been created IN London in connection
with plans for an opposition syndicate to
bid at the foreclosure sale. London was
buyer of various other stocks also in
this market The exchange <arl1et held
about steady at the recent decline and
the money market continued easy, though
with leaders Inclined to hold back pend
ing the completion of arrangements for
the obligations on maturing bonds.
The total sales today of adj stocks
were only about 175,00O shares, which is
a lower figure than has been shown for
many months. Sugar, Burlington, st.
Paul and Union Pacific absorbed con-
sidera bly, over a half of This total.
The feature of the bond market was
the sharp decline in Kansas Pacific con-
soils, which sold at sc, decline of 81.
The Union Pacific SIS of 1896 trust re-
ceipts also lost 21s per cent
Total sales, $1,615,00O.
Uni ed States new As coupons were
advanced u bid.
The total sales of stock today were 49,
400 shares. including the following:
Chicago, Burlington and Quincy, 32.445;
Missouri Pacific, $780, Northern Pacific
preferred, S,2S5; Rock IsJand, 5,475; st.
Paul, 1880; Union Pacific 1920; Bay
State Gas, $3.50; Chicago Cas- LILO; Su-
gar, 22,225.
Money on call easy at 1902 per CENT;
last loan, per cent. closed per cent.
Prime mercantile paper. 3%@4h per
cent.
Sterling exchange steady, with actual
business in bankers bills at $4.S5A@
s4S5as for demand, and al, $4.821a@$4.S2B
for sixty days.
Posted rates, $4.ss@s4sSk and $4.S6@
SASSY.
Commercial bills $4S1@$4.s1k.
Silver certificates, 581s@60c.
Bar silver, 5S%c.
Mexican dollars, 451ac.
Government bonds firm.
State bonds dull.
Railroad bonds firm.