Birmingham state herald., 1897-06-26
InWali Street.

III w MI Obrccl'
 New York. June 25.-Many thousands or shares of stocks were bought on the stock exchange today at offices materially above last nights closing price, at advance ex- tending to a point or over in many profnl- nent stocks. But the market sold off later in the day on account of apprehension. caused by the large volume of gold ship ment by tomorrow's steamer, $2 300,0e9 in uneasiness was caused by the fact that the whole amount was taken from the United States sub-treasury, or from the assay of- flee in bars and no part from the banks or private sources as has been the case with most of the recent shipments. The ,de5 cline in the prices of stocks which resulted very freely made for a time and heaviness extended all through the list The decline tion of offerings indicating the updertone of strength in the market. The weeks gold shipments now amount to $3,SOo,OOO which is larger amount than has gone out in any one week since the first week of the present movement that ending May 8, when the exports were $9OO0,OOO. The subsistence of apprehension on account of gold exports in the stock market has been mostly due to the stability shown by the gold reserve in past, about 900 in face Of gold ex- ports. The amount of gold in the treas ury at the close of business yesterday was s142, 76S518, which is considerably less than at any time since the present gold move. ment began. Of coure, today's additional the above statement of gold in the treasury The sterling exchange market was easier under offerings of bills against tho gold sufficient demand to stiffen exchanae rates next week with further gold shipments as a consequence. The supply of exchange in the ma rket is, in fact, very meagre, and any extra demand has to be met by gold shipment. The column of dealings today year. the total sales of all stocks reaching 31S 900 shares but nearly two-thirds of that amount was absorbed by Sugar. the gran tI,fa aad Roxy Cfaf Northern Pacific was weak on rumors of halt in the arrangement of putting into executive control directorate in harmony with Great Northern. 4-
 Union Pacific reacted on the eiacton ef.the United States senat ein suspending pro- ceedings to sell the United states interests to a syndicate The total sales of socks today were BESSIE shares including Amer ican Tobacco s,20o, American Sugar 55,S 800 IS. .000 Manhattan s600. Missouri Pacific D.. 000 Northwest 13.000. Northern Pacific pre- Roes fsd rsa@S SaSS oahs s @ PsS Keas0E weseSn
 The bond market displayed considerable animation on transactions exceeding R,00O,- 000 The buoyancy was apparent in va riety of ways with some sensational ad- vanees noted in the usually inaetiyei mort 5s, which rose Il per cent to 5S. The low priced bonds generally displayed aggres-- sive strength with purchases of the gilt edged liens by investment interests tending to accentuate the upward movement which has been in evidence for long time.
 Money on call easy at 141k per cent. last loan per cent; closing offered at 191H per cent.
 Prime mercantile paper, aQ4 per cent. ...s
 Sterling exchange easy. with actual btisi- ness In bankers bills at $4 S7AQ4sS71R for de- mand and at st. sec Ssi4 for sixty days
 Footed ssrssi rasss b,i,s MnatMf ss ana AssaASS
 Silver eertiiicates, eo%9sossc.
 Bar silver, 60Kc. f
 Mexican dollars, 47ssc. tt
 Government bonds frms State bonds dull
 Railroad bonds strong. .a