The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1898-04-27

was quiet and slightly lower today. Llv-
erpool disappointed the bulls badly this
morning. Spot sales there shrunk to small
proportions and prices were but one-half
sixty-fourth higher. Our market opened
five to seven points lower, August selling
on the first call at 6.26, an absence of SELL
ing pressure after the opening resulted in
a recovery of a greater part of the loss.
The buying being quite generally distribut-
ed among commission houses. Liberal
liquidation of May contracts for which to-
morrow will be the first day for the cir
culation of delivery notices caused a fur
Their widening of differences. August ad-
yanced to 6.31 and closed at 6.29 to $780, with
the tone of the market steady. We have
little faith in higher prices at present.
RIORDAN & co.
In Wall Street.
New York, April 26.-Prices of stocks
swung lazily upward today covering a
small range under light operations. 1t
was a traders market devoid of outside
, interest The market was so narrow that
the buying for London account was quite
conspicuous feature though In itself
SMALL This demand was induced by neu-
trality declarations and stipulated by the
strength of the general markets wnich
were active and strong on the easier money
traders to take the bull side of the short
turn and there was no reaction OF any
note during the day.
Spirits preferred rose 3k and Delaware
and Hudson and Detroit Gas points each.
Sugar. Tobacco and the grangers made up
fine bulk of the dealings. The money mar
ket continues to attract much interest ana
attention. Reserves continue to be pretty
closely held against future contingencies.
The demand from the interior for currency
has regained some force.
The United States treasury has given no.
tice in effect that 1t needs all its supply OF
small currency and the local banks are
Obliged to meet the demand from the IN
terror almost altogether by shipping gold.
This is likely to act as check TO tnat
demand, for bills are desired rather than
gold coin. There was another advance IN
the rate of exchange today carrying IL well
above the gold import point. The rate or
discount in London and Berlin was also
ouotably lower today. Both OF these quo
tations reflected a subsistence of apprehen-
sion here of the likelihood of any strin-
gency Probably government payments
for purchases Of war materials made
abroad will have some effect in giving
strength to the exchange market.
The bond market showed weakness early
in the day and there were later recoveries
In some cases making the net changes
mixed. Total sales 81 100000. United States
old As declined n per cent. in the bid price
while other issues were unchanged.
There was a sale of the new As coupon
at 1854, which Is Aabove the DID price at
the close yesterday.
Total sales of stock today 1877 800 shares,
including 12S45 Burlington; $500 Manhat-
TAM 1921 Northern Pacific, preferred; D.
1926 Rock island 15,77o st. Paul; 5,942 Union
Pacific, preferred; 4, $50 American Splrlts'
10 300 Tobacco; 3O,510 Sugar
Money on call steady 2@21k per cent, last
loan 2 per cent
Prime mercantile paper 6@7 per cent.
Sterling exchange firm, with actual busi-
ness in bankers bills at $4S4%Q4.S5 FOR de-
mand, and at $4SO%@4.H for sixty days:
Posted rates s4s11k@4.s2, and sAS5k@4Ss.
Commercial bills 80Ac.
Silver certificates 56A@57c.
Bar silver $500.
Mexican dollars 45Ac.
Government bonds irregular.
State bonds dull.
da