Birmingham state herald., 1897-05-06
h Wall Stree.

cut lOa1, S0.0J, SraHuldleu, Sf.io.
 h Wall Strea..
 New York, May 1.-The Evening Posts London financial cablegram says: The stock markets were firm today. but the boom in English railways was the only feature. The rise in the latter has un- doubte6ly been too fast and the speculative position is very large Foreigners were firm after dullness Kafiics were steady great interest centers in the Consolidated Geld Field company meeting on Friday Brazils were flat.
 There is a continued fall in exchange. It is rumored that Japan is to issue a loan here for f5,000,000 sterling. I hear in good quarters, however, that at present the ar loan of that amount. If exchange is made it will be the result of overtures from Lon- don. China will pay Japan f2,S90,0O0 sterling on Saturday. Of this it is believed that a considerable amount will soon be dsbursed here for ships, etc. Much interest was felt in the < ndlan connr1 rns seng drafts tG 2i5 iakhs were applied for. It would have weakened silver only. A French mintage dun but closed good. The Berlin market New York, May 5--Today's market was reactonary throughout and very many stocks show loss of a point or over on the bans foT he os The of the dealings was also considerably di- unfinished as compared with yesterday the 
 less than yesterday Of todays sales. near ly half were. of Sugar and Chicago Gas. Outside of these. Western Union the only notably active stock on the list The Gould stocks. all of them and the coalers were, depressing influences in the market to some extent. the former seeming to be totally lacking. in resiliency until the final transactions of the day, when they rallied fraction There was what looked like liquidation in all of these stocks and many rurnors bearing on this were set afoat to help on the decline. The turbulent rush to largely depleted in today's market and there was no resulting pressure to buy. There was beside the natural reaction from yester- dave upward rush on profit-taking. The lower prices of Americans in London helped the decline to some extent, though not fully to the London parity until that market had sold several thousand shares of the leading international stocks in this market. These were all contributary causes to the depression. But the principal motive of the selling was undoubtedly modification of the view held yesterday that the tariff bill Reports found currency early in the day of expressions of dissatisfaction with the bill by prominent members of the house of rep fesentatives and especially of determined hostility to schedules which reviewed with most interest in Wall street. Seeing the parked upon a selling movement to dis count the defeat of the Anglo-American treaty in the senate, the vote upon which was not taken when the market closed
 Money on call easy at 11bG2: last loan 11h and closing at 1lbd1% per cent.
 Prlfne mercantile paper, 3h"u4 per cent.
 Sterling exchange weak with actual busi- ness, in bankers bills at $4.S7@4S71A for de- mand and at s4.S5%G4S6 for sixty days
 Posted rates s4 S6l6MA.H and $4 SSfI4 SSIk
 Commercial bills, $4.S5G4.s .s5A
 Silver certificates, 61bd61ssc. Bar silver 60bc.
 Mexican dollars. 47%c.
 Government bonds firmer.
 State bonds dull.
 Railroad bonds easy.
 Closing Stocks:
 Afchison ... ...................,.... Io4 Adams Express. ....................,....... 15t Alton. Terre Haute. .......... ............. 6n American Express. .......... ............ 112 FnltimoIe ard onio...,....... l1%