Birmingham state herald. (Birmingham, Ala.) 1895-1897, 1897-07-15
Inwail Stree

fuORDAN., =
In Wall Street
New York, July 14.-The security mar
ket continued to exhibit strength en-
widely distributed d. alings. The gran
gers, the usual arket barometer, on
public crop advices scored marked gains.
ST. Paul common crossed So, which price
1t mas not touched in ten years. The pre-
ferred also made a new record reaching
140 3-S, while Northwestern preferred
equalled yesterdays top price record of
1866. London unexpected thanged its atti-
tude on st. Paul today from a persist mt
seller to buyer and it marked up "a
a bove the New York equivalent al yestsr-
days close This was regarded as r.
eign covering of shorts. The coalers
Weakened up from their accustomed leth-
argy, repeated yesterdays progress TO
higher plane of values This was large
ly in sympathy with the Philadelphia
market strength for Lshigh Valley. Re-
Election over night had Convinced the ira
ders that with the disappearance of Lee
nigh Valley as an independent factor III
the coal market this trade would be man-
aged in such a manner as to produce the
best results for The interested corpora ion
as lssser companies would find 1t profit
able to work III sympathy IA Their than As
sumo a hostile attitudes Thus they
argued. would be accomplished har-
mong where schemes OF the past, includ-
ing a separate selling agency anu
Reading lease OF o'ther companies, had
failed The soft coal strike continues TO
cause an reased demand for the h. Il
product Susquehanna and western
preferred passing "a easily led Iths ha-
vance on rumoTs gradually becoming
more definite that the stock was Decom-
ing purchased for control by another coal
road Wheeling & Lake Erie preferred
and Cleveland, Lorraine & Wheeling p e.
ferred were bid up a point eacn, while
Hooking Valley also improved. Thus the
action of the bltuminous coalsroads IN
dictates marked belief that the strike Will
reha bilitate the entire industry. On eSpr-
NOUS transact sugar alternately rose
and fell on more or less favorable news
percofating from Washington. The de-
lay in announcing an agreement by the
conference committee was taken as CHI
firmatlon of opposition on the part of the
house leaders to any yielding to the sem
ate corlfsiees. The stock opened down
about a point, fiuctuated widely ana
closed at about initial figures. Friends Of
Tobacco advanced 1t 21h and the scrip :.
giving as a reason that--tlfe stock had
not yet gone upward with the general
movement. The Gould shares were
stronger. East River gas rose 6ib to M1a,
a record price. The market closed as 1t.
opened, active and strong att moderate
general Improvement, more notable
among the specialties. The total sa}ss of
stocks today were PTS, 100, Including Chi
cago, Burlington & Quincy, Ia $50: New
York Susqueba ma & Western, PREFER d,
II $50; New Jersey Central, 528S; Uorth-
crn Pacific preferred, 6,995; Reading. 49,
900; American Tobacco, 81 1873; Chicago
Gas, 500; Sugar. 49,4S3.
Trading in hOndSWas quite anima ted
the aggregate sales slightly exceeding,
49, 900 The bulk of the transactions
was centered in the low priced securities
with a decided inquiry apparent for the
Oregon short line issuos.
Money on caA easy at 1m1A per cent;
last loan /; closed per cert. Prime mer-
camille paper 9@4 per GENT. sSterlAg ex-
charge steady with actual busiress In
bankers bills at s4.s7Gh fer.damanx and
at $4s6TH or sixty DAVIS. Posted S9tes
s6@1a and s4.ssh. sfomrfarc ali bills
SASSY. Silver certificates 60 3-91p7s. Bar
silver 60Mc Mexican dollars 47c.
Government bonds fira. State bonds
Closing Stocks: -tS-@ : 40 -
Adams Express, .'....'................ 152
Alton, Terre Haute. .........s............. SO
American Express. ....... ............. 113n
baltimore and OHIO. .s.e...-..-s.e-e.-.. % II
canada Pacinc.,...'... .....'.''....:..... GO
Canada southern, ................ 80
Chesape axe and Ohio. ................,.. 17Y
Chicago, Burlington and Quincy ....... s3a
lineage Gas..,........'........'. 94A
pelaWars. LaeIswanna and western. i 1877
Distiers and Cattle Feeders. ,.......... 49,.
erie. ................ law
Erie preferred ............................ 80
LIMOS Central; 1; ........'.....'..... s6M
Lake Erie and western preisrred ....... 50