Birmingham state herald., 1897-03-17
In w all Street.


 New York. March 16.-The sensation of the day in stock circles was break in Mis- ssouri Pacific from 19 to 15 on unusually ership was freely circulated, but this time the rumor met with 8 most emphatic de- Director Sage. MT. Gould in statement made public shortly after the slump in would be appointed and also expressed his willingness to cash April coupons of the company at their face s val value 3 less the usual He further stated that the earnings of the road were improving. net for January show ing increase of S14S000 as compared with the corresponding month of 1896. In his opinion the attack on the stock and the desire e on n the part of the bears m to cover the short sales in other stocks. The denial ned the shorts rush o to followed that figure. Wabash stock and bonds de- clned in sympathy. but the general market In fact as the day advanced railway and industrial stocks gathered strength, and. time past were recorded in many instances.- The Vanderbilts, especially New York Gen. nd the euS ce Plates sth firmness from start to finish. New York Gentral So got up to @ leo s1 Ganada Southern te preferred, to S4 and Big Four to 321s. The confident buying of those issues was the deal to do with the firm front presented by the. other railway stocks. Illinois Central, WnlCn llS been dormant or late naQ a Spuft of activity and on buying for both local and foreign account advanced about 3 per gent to ssA In the Irft afternoon rise Man s speetWeiy. Covering M of short @ contracts nd1s t dustriaIs Sugar was traded in ex-dividend of 3 PCT cent The stock first first sold down was sn m better on the de nials of the reports current yesterday of arSn waT ii in ne Net so% ras o 1hSSa& D per ie's cent Illinois Central 7f leading. g. Total sales, S5s, ,ls1 shares of which 5.gc Bonds were strong today. Sales aggre- Money on call at 1ha2 per cent. last loan. at and closed at per cent.
 Prime mercantile paper. S@S13 per cent.
 Mexican dollars. 4S3s sG5oc.
 Sterling exchange. firm, with actua. busi- Hixty nsas days eaaaff and I for denana for Posted rates, $4.S6lsQ4sS
 Government bonds firm.
 State bonds steady.
 Railroad bonds higher
 Silver at the boards was heavy. Closing Stocks:
 American Cotton Oil......... ............ 12I5 American Cottor Oil preferred. 56 American Sugar Refining. .............. 1133s An erfcan Sugar Refining preferred-. 1ess, American Tobacco preferred " ... :. 1os Aichison .-.--.....-........ 11% Baltimore aud Uhio... .....-..... 15l2 Canada Pacific .....-. ................... 63 Chesapeake and Ohio -................... 12A Chics go and Alton. ........,........... 166 Chicago, Burlington and Quincy. .a.....- 771 Cbicaco Cas-. ...........r.s. :. 7S Delaware, IackawHnna and Western. l57 Dfstillers and Cattle Feeders. .-......... ...... Erie ...........s................ 1d* Erie preferred ............................ 33lg General Electric. c....,....... .............. 35l5 Illinois Central. ............................ 96 Lake Erie and Western. n..................- IT Lake Erie and WesterD preferred 67H Lake Shore ................. ....... ITO Louisville and Nashville ................. 49ss Louisville, New Albany and Chicago....