Birmingham state herald., 1897-05-12

flax seed, 771aG79; prime Timothy seed s29o mess pork, per barrel, $S.60qsS.65; lard, per d$447la; dry salted shoulders, boxed, 5A@51a; short clear sides, boxed, 5d51s; whisky, dis tillers' finished goods, per gallon, $l.19; su- gars cut, loaf, unchanged; granulated, un- changed; No. yellow corn, 247s@25A.
 Tn Wall Street.
 New York, May 11.-Today's market for stocks contained ..... u, 695s-f
 stocks continued to be strong and prices to advance all around as long as the Lon don. exchange was in session to impart it's buoyant influences to the local market. The, dealings showed some animation and pessimism proved too strong to outlast very long the adjojurnment of the London eX- change even with London continuing to buy quite heavily in this market after the close of Its exchange. The price of Americans in London have halted somewhat up to this time in spite of the general improvement in that market growing out of the subsistence of alarm over the war in the east because cue for, an advance Today. however. the tone In Iondonwa S so strong and the im- provements so general that 1t extended to York Initiative. The cessation of the days trading in London7was followed by the an- nouncenent here of q s500,0OO gold shipment on Thursday, and this was followed by a vague rumor that shipments for the week would probably. reach total of H.00 900. Although gold shipments have been expect as e%s e and the whole @ 01 maret s te off with no subsequent recurrence of de- clsive strength. As matter of fact ex- change rates eased preceptibly with the offering of bills against the gold shipment and the large purchase of securities by Lon- don here estimat ted at 15. 900 shares of stocks and some large blocks of railway bonds.
 The improvement in the price of Kafirs in London tnday is another fact to be con sidered In the exchange situation as the reputetl cause of Paris demand on London (xx~<kx tr.fJt t6n chi tu gold from New York to Paris. These ele- mehts in the situation make the volume of gdd o be frGm wt hsTe ths wee likelihood that they will be less rather than more than was anticinated. But these con- alterations did not sllay the apnrehensions of the traders and they allowed prices to decline As consequence net changes of the day are generally narrow. but as a gem araI rule all of the early gain Is more than lost with resulting net losses of a fraction, the volume of the dealings greatly dimin- Paul Burlington and Western Union were fhe most active stocks fn the order named. The net flcsses in the Coalers were wider than elsewhere extending to a point in New eJrsev Central. Foreign huying was re- snonsible for advances of 2sk In Norfolk and Western preferred and l , l% in Norfolk fol and two usually inactive stocks. The total sales of stocks for the day amounted to 10 700; Burlu@tons and Onincv.- F 9aO: Ch'- cnpo Gas 9e TOO: r.oiiisv'l'e and Nashville, h5oo. Manhattan Consol'dated, P 200; Read
 ing. f 100, ss Nck Tsiard, $500: St. Paul. IS, ,50O; Western Union Il 500.
 Money on call. easv at 1K1t%r rnr cent: laet lcarf rki closed offeredsat th@th per cent. Prir,e mercantile parer. 3'<S541s per cent Sterling eychange easier. w'th actual husiDnss in bankers hills a f S4.s7il ffSds71a Tor, demand ard sl Se,k csst Oe1h for sivtv ssews. posAed retass ste79sA e7i1-a,,d s4. .89ihTo s4 ss. ecr~'r-ereia' iilIs s4 e5il67si s5ih Sil- yer certificates, ems66lc; bar silver 6Ossc cMeyican dollars. 47ssc
 Covnrnu,apt houfls. weak, state bcnds3 thsli flf,lt.r,. E
 Raiiroed bonds. firm. tss a ' f-tnsirp -cf,,cks. E. 5A= A.ctissn $sss. ....s ....... vnu. kdarrs Exrresss. .......................s. 1hT Alton. TefreHaute. ... ....... .............- 60