The age-herald., 1897-10-06
In Wall Street.

New York, Oct. 5.-Not for many weeks has Wall street seen so dull day as this was. It was offered as an exp1a- nation that the eve of the Jewish day of Atonement called many brokers from the street. But thsre was apart from this a manifest disposition to refrain from trading and to leave the market to lie fallow for a time. Yesterday S sharp reaction apparently astonrshed the bulls that conditions are not yet ready for resumption of the advance. The favorable factors which developed during the day affected for a time the individual stocks ito which they applied were ineffective In causing general ad- vancs and prices of most stocks closed lower tonight. Union Pacific was excep- tionally firm and practically recovered from yesterdays decline owing to the discredit attached ito reports of an En- gfish syndica;te's intention to outbid the reorganization committee at the ap- proaching Foreclosure sale. Louisville and Southern preferred were sustained by their good showing of earnings. All the traffic statements at hand showed nota- ble increase in earnings, but not all of the stocks so affected derived any bene- fit. Union Pacific was assisted as we'll by report that its differences over traf- fic exchange with the Oregon Short line had been adjusted The latter stock was also strong during the day. Tho principal activity centered in the spe- ciaTties, and tine trading in them was largely based on vague rumors that had nothing to do with the general sl.ua- tion. Actual rates for sterling exchange fell Ac for sightp and Ac for long. This led to increased talk of early gold inn ports. In this connecticut it is interest ing to know. that todays statement of the weeks exports of general merchan- disc shows decrease of $4S0,773 from last week, while that weeks imports it will be remembered increased $1,8S2 364 over the prec sding week. Additional de- posits of gold which were receiver from San Francisco were made at a clear ing house bank today and the continued increase of the gold reserve in the United States treasury even in the face of an excess of disbursements over receipts is additional evidence of the abundant supply of gold at present in the coun- try. Today's losses were for the most part fractional.
 The was a falling off in activity in the bond market but prices for she most part were steady, and in some cases strong. Total sales, S1,40O,00O
 Unitsd States new As registered ad- vanced # bid and do coupon A bid. The 5's registered also rose s bid. There was a sale of the 5's coupons at 1151s.
 The total sales of stocks today were S46,600 shares. including Aschison pre- ferred 5,100: c. B. G Q. 11,500; l.. .. N. 5,200; Manhattan l.. 1,530; Missouri Pa.- cific 12,SS5; M. K.& T. 1925; do pref:rred 15,30i; Rock Island 16,271: St. Paul 2S- 7O5; Union Pacific S3,92O; do preferred 6,665; Chicago Gas S2.95O; Sugar 23.s47; Western Union 2,6SO; Chicago Great Western 12,S30.
 Money on call easier at 21s@3 per cent; last loan 21s; close 2h@3 per cent. Prime mercantile paper 4hQ5 per cent. 2
 Sterling exchange weak with actual business in bankers bills at $4.S4% for demand and at s4.S3AQ4S2? for sixty days. :.
 Posted rates s4ss@4s4 and s4.s5k@ 4.S6. 2
 Commercial bills $4S1@4s1h.
 Silver certificates 55@5Gc
 Bar silver 66c. F . s@ss ..ss... s4... a