The age-herald., 1897-09-30

good. Receipts today were more med crate than of late, although the move ment was still very free. January open ed at 64l, advanced to 6.42. declined to 6.32 ralred to 6.36, and cl sed at 6.34 to 6.35 with the tore of the market steady. The feelinr is still geoomy. The weak ness of the southern market rende s .f- forts to lift prices here unavaililfg. An encouraging feature, however, is that the continent Gs now buying freely.
 RIoRDAN & co.
 Tn Wall straat.
 New York, Sept 29.- Todays stock market further demonstrated the changed character of the speculation ard the entire subsistence of the recsnt rampant bull spirit. The bears wer more aggressive than at any time hith- erto and met scarcely any opposition They seemed somewhat apprehensive over their own success, and bought quite steadily during the afternoon of the same stocks that had been sold short in the morning. The result was to make net charges quite irregular. but the largest figures were on the side of the losses. The bears succeeded in dislodglng a number of stop loss orders of weakly margined speculative hoid- dngs. and there seemed to be more long selling than has been the case her to- fore. The declir es extended from 1 to 4 points, and with very few exceptions affected every active stock on the lis. The bears were apparently satisfied to realize on a short turn and not have accounts open over night. It was a mo- tieeable fact, however, that whatever animation was shown during the de- cline and the recovery was slow and halting and on much diminished volume of trading. The centers of bear attacks were stocks of such uncertain value as Sugar and Chicago Gas. and the loc l gas stocks. The evidence of a reaction ary tone of the speculation was shown in rhe ready credence given to all ru- mors of an unfavorabse nature The ces- satlon of the late pool buying on large scale calls attention to the large amount of stocks which are speculatively held and to the danger that would ensue from any untoward incident that would pre- cipitate sharp decline and bring a flood of selling on a falling market Such occurrences as those of today do much to eliminate these elements of NedkIleSS dllu ilt CTCdliu8 SnCrI terest which would be stimulant upon any returrenee of g. bull movem5 mt. Meantime prices are necessarily in course of adjustment to the advanced money rates. which means lower prices even for substantial investment stocks.
 lIhere was no change today in tIhe character of the news bearing on the general situation. London continued 0 n.lac li t;a American securities on amy dsciine. Rail road earnings contAued to show inn provement. An ilc.d anit of .lle day was the lowering of actual rates for ster- Ming exchange Ac and a fall ln the Paris rate of exchange on London. Each of these ineideats indicated recumance of the pressure in the demand on Lonaon for gold. Near dlhe dose of trading on the exchange it was reported tha. offers were made on call loans at l per ce,nr Slight significance was attached to the offer as having any bearing oh the money market, m which rates con inued finn. Owing to the hate n4lly in prices, the grangeiH the Vanderbil.s and most Of the ether leading stocks show inSig- nlficant gains, losses, however, predum- An,aiting.
 The bond market did not yield as read fly as socks. but prices of the most actfVe issues declined a sharp fraction. Total sales, $2.000,000.
 The toraa sales of stocks today were 491, 500 shares, including Atch-son prefer red, 121U3; Chesapeake and Ohio, 5,640: Burlington, 32,S20; Louisville and Nash yTlle, 17,S75;; Manhait .an, 10, ,7S0 Missouri Pacific 9,650; New York Central, 12,OOO; Northern Pacific preferred, S,7OO; On tario and Wes,ern, 7150; Reading, 9,360; Rock Island, 29.813; St. Paul, 41,960; St Paul and Omaha, 6,0S0; Southern Rail- way preferred, 74s5; Union Pacific, 21,~ 690; American Tobacco, 13, ,435; Bay State Cos. 5,5S0; Chicago Gas, 52,2O5; Sugar, 37,S75; Western Union, 10,450; Chicago Great Western, 9.865
 Money on call easy at 2@3 per cen. i: last loan alt per cent; closed ar ? per cent.
 Prime mercantile paper, 4N@5per cent.
 Sterling exchange easier, with actual business in bankers bills at $4S4% S5 flor demand, and at $4.S21s@4S3N for sixty days.
 Posed rates. s4S3h04.S4 and M.86.
 Commercial blla. $4.S1k64S1a4.
 Silver cer. ifica tes, 5414Q55c.
 Bar silver, 53hc.
 Mexican dollars 41c.
 Government bonds. fnm.