Birmingham state herald., 1897-06-11
n WIall Rtnl

Wal StTee--
 New York June 10-The largest yolifine of trading on the stock exchange, for the year thus far was done today. The total sales of all stocks were nearly 35o, 900 shares. The the list, many stocks that have lain dor mant for a long time being called into ac- tvity by the awakened demand for securl- mand was indicated by the good commis- sion house buying but there was also quite easye 4hs hoSSs selling of stocks ingS that have been kept back for long turn in the market. The market strength of the market during all the early portion of he day was accompanied by more or less desu1tory selling to take profits, but up to the final hour of trading all these offer ings were absorbed without any marked ef- feet upon the market. But a heavy realiz- ing movement in the final hour wiped out large part of the early gain in most se- heavy liquidation in Sugar was the main factor In. breaking the market. the selling being increased bys some disappointment had not passed the senate when trading closed and the reawakened apprehension at 1t might be changed in conference between the two houses so as to oslesson the prptec- tion on refined sugar. The resulting weak ness of Sugar was as effective in depressing the market in view of the large volume or morning had been in sustaining It. The London response in the market for Amer jeans to yesterdays late strength here also gave a strong impstuous to the early ad- vance. London was also buyer here to a moderate extent of all the special 1ayorites of that market. There was ome distrust left of this London buying by professional traders on the ground that it may be for, a short turn of the market and isl ikely to come back here for sale soon The grangers were actively tladed in all day. St. Paul led thel ist both in volume of transaction and in extent of the advance which reached a point. It's action was also less than the others of the group which lost practically all their gains. The coal CTS were notably active and strong. Tobacco was active on manipulation and closed prac- tically unchanged. The iron and steel com panies were. notably strof1g and reacted only fraction. Illinois Steel advancing PA Minnesota Iron 9 and Tennessee Coal 17s The yanderbilts today showed strength, Canada Southern and Michigan ~ Central gained 1% and New York Central and St. Louis stock over a point, other gains in the group being fraetional. The closing was weak, but slight net gains being the rule. .tT fTate
 Net sales today were s5O. .a45 shares, incud- ing American Tobacco l4ioO0. American Sh- 2S,SOO Chicago Gas 19,9O0. Louisville and Nashville 10000, Northern Pacific, pre- ferred l3400. Pacific Mail 570O Reading 1s,O0o, Rock Island lisoc, st. Paul g. 200. Ten 1.200, New Jersey Central 16.700 2 sea
 Money. on call easy at 1q1A per cent; last loan at 1; closing offered at l per cent
 Sterling exchange steady with actual busi- ness in bankers bills at S4: :S57sQ4.S7 for de- nand and s4S5a4 @4se for sixty days.
 Posted rates. $i.S6lsQEs7 and SESS.
 Commercial bills, $4.S5A. fl .4
 Silver certificates, 657sc.
 Bar silver, 597sc.
 Mexican dollars 471bc. tHssiss
 Government bonds strong. eeiss
 State bonds dul.sasf<.B D tsk 4.tL Railway bonds strong. saial e
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