The age-herald., 1897-09-21
In Wall Hfraaf

was dull and comparatively neglected during the greater part of the day and 'the marked advances were confined to a flew special instances up to the finaa half hour. The bears, encouraged by the lack Of activity in the trading and the rise in money rates, fell upon the mar ket and raided it to such good effect that few active stocks escaped with a. net decline less than point, and In some instances much larger losses were shown as the result cf the days trading. The pressure to sell aud the resulting durlness was especially noticeable in the grangers. Burlington, which had been pushed in the morning to new high record to 102A, fell to par in the closing transactions; and Chicago Great Vest ern, which had shown great anima ton and had risen to 201s, fen to 19s. Omaha, which has been conspicuously strong in recent markets, fell 1R and it's parent stock, Northwestern, dropped off 1%. Rock Island was the feature of the mar ket during the early period of the day. and had advanced 2 points. The final liquidation left it stiIl with a fractional met gain. The local gas stocks, whose sensational advances had sustained the market on recent occasions were prom tnent in the decline, Consolidated Gas dropping points and Brooklyn Union 4. The Vanderbilt and trunk lines tho coalers and leading industrial shares and specialties all shared in the weak ness and nearly all showed declines of a point or upwards Louisville, which has shown weakness recently on account of the yellow fever scare, was an exccp- Ition and showed a net gain of small .f nl.s .l.~ marked strength earay, rising points and showing net gain of 1A. Western Union and Wabash preferred, which made sharp gains early in the day, fell heavily to below Saturdays close.
 The course of the London stock mar ket caused more or less depression here at the opening and again when Londons closing quotations were received, show ing some heavy declines from their opening prices. The Changers were somewhat sensitive about the reports of bad weather for crops in the west. But the decisive influence in the de- cline was a sudden stiffening in the rates for call money to per cent. Quite a large amount had been offering all day at as low as per cent, but in the final hour money lenders demanded 4 per cent. There continued to be large demand, and figures ranged from to per cent, loans being made at the high figure up to the last half hour. The closing saw decline to per cent. The stiffening in the money rate came too late in the day to affect the exchange market. Rates for sterling exchange were somewhat harder during the day, though the market was very inactive. The posted rate for 60-day bills was ad- vanced half a cent to $4.S31s Actual rates for demand bills were quoted Ac higher, and for sixty days bills 14c higher. Interest centers in the effect H. 1i Of loans will have on the market and the import movement of gold.
 The total sales of stocks today were 517,4 ,46S shares, including Atchison, 5,S25; do preferred. 13.S20; Baltimore and Ohio, $500; Chesapeake and Ohio, 14,15$ Bur hngton, 34600: Louisville and Nashville, 16,S4O; Manhattan. 7,30O; Missouri Pacific. $500; New York Central, 7,100; Northern Pacific. preferred, 10,100; Ontario and Wastern, 5.200 Reading, 14,2oO; Rock Is- cific, 24,525; U. P. D. and G., 1S,390; Wabash preferred, 12,500; American To- bacco, 20,510; Bay State Gas. 5,290; Chi cago Gas, 1S,2oo; Sugar, S,2O0; United States Leather preferred 6,150: eWstern Union, $40; Chicago Great Western, 25- 220.
 Railway bonds were not so actively dealt in today. sales amounting to $2, ,900,- 900. Prices were about steady.
 United States coupon As sold at IA: do registered at 111A. Bid price for gov ernment bonds receded a fraction all around.
 Money on call firm at 2@3h per cent; last loan 3 per cent; closed 3@3k per cent.
 Prime mercantile paper 4@4k per cent.
 Sterling exchange steady. with actual business in bankers bills at $4.S4N for demand and at S4.S2% for sixty days
 Posted rates S4.S3h@$4.84 and $4S5h0 $4S61s.
 Commercial bills, $4S1hms4S2
 Silver certificates, 59@60k.
 Bar silver, 59Kc. Mexican dolla rs, 44c.
 (xaxnro.nu,ant hapde