The age-herald., 1897-11-18
RIORDAN & co.
In Wall Street.

New York, Nov. 17.-Net declines to- day were about the same as net gains were yesterday in the stock market but the range of prices is a little wider, as Where was time during the day when they were carried fraction above yes- terday's close. The extreme decline in some of the grangers and the coalers is therefore something over point. Sugar ruled generally above last nights close. rising at one time 1A, and this sustained the general market for time. A jump of 3A in Consolidated Gas was also on the side of sustained prices, Eit the ec- centric movements of the stock have come to be practically disregarded Both of these stocks fell away to yesterdays s level in the general weakness There was a hack of firmness In the price of St. Paul, notwithstanding the increase of over s147 900 in it's earnings for the seo- ond weak in November The comparison is with poor week last year and was considered as showing the recent high rate of earnings fully sustained. The declaration of only the regular quarterly dividend of 1 per cent. in Burlington brough realization safes Tn that stock and also served to weaken somewhat the
 
 western stocks were comparatively firm CT on the excellent second week state- ments of Missouri Pacific, Wabash and Texas Pacific and on the continued heavy cotton movement in the south. Speculation, however, was almost dead, and the dealing in speculative stocks was confined entirely to room traders Union Pacific was very heavy on tone all day. ct 1H naf a;x, Ia5 with a rise Of nearly points in the Kansas Pacific consol bonds.
 The bond market was much more ac- tive relatively than stocks, and the high priced investment issues have special demaasd and showed gains of 1@4 points. TlhLts tendency in the security market was entirely consistent with the remark able ease in the money market There is a steady cunirent of funds towards this cenber and iiquidaItions of loans with a very limited demand for the money thus set free. It is now known that last weeks inorease in loans of the New York bankers were more than accounted for by operations on account of tine Union Pacific sale. Loans on other &C., counts showed am actual decrease and the limited supply of commercial paper offered indicated that merchants are not in need of funds at present. This is in pant due to the easy collections all over the country and to the large payments of outstanding indebtedness. which have made money plentiful at Interior points. But there is some apprehension that it may also be due to falling off in busi- ness activity. The ease of the monev market Is so marked that there is some talk that the Union Pacific payments to tine government win be made befor. they become due.
 The total sales of all stocks fell ae,afn to day to less than 180,O0O shares. and losses were general throughout the list.
 In the bond market there was a sale of Flint and Pere Marquette Port Hu- ron divisions at 611 points lower than the last sale, which was several weeles ago. Otherwise prices are firm and higher. Totaa sales were $1,550,0O0.
 United States As were a hIghsr bid.
 The total sales of stocks today wer,e i67.400 sflanes, including Chicago, Bur lington and Quincy, 15.160; Rock Island, II $50; Union Pacific 6,475; St. Paul, 16.- 141; Bay State Gas. 4S,535 Sugar, S6,4S5.
 Money on cali steady at 1h@2 per cent; laest loan. 2; closed, 11k@2 psr oent. Prime mercantile paper 3kQ4k per cent.
 Sterling exchange easy at $4S5N@ s4.86s for demand. and at $4.S2% for six ty days.
 Posted rates. s4.SsM and s4.ssK.
 CommeGcdaa bdRs. s4s2.
 Silver certificates. 5SA@5sl4c. Bar silver, 5S&c
 Maxican dollars, 451kc.
 Government bonds firm. Stnte bonds du9l. Ralroad bonds firm.