The age-herald., 1897-10-14
RIORDAN & co.


 today, but the majority of operators still believe in lower prices.
 RIORDAN & co.
 In Wall Street.
 New York, Oct. 13.-eToday's stodk market almost reversed the course tra- versed in yesterdays market without any change in the character of the gen. eral outlook of the news. The. bears made rather successful raid on the market. They found many weak spots, the demand in some stocks uncovering further stop loss orders and spreading demoralization far and wide through the list Though the aggressive mood of the bears disappeared in the afternoon and the remainder of the day saw d steady hardening of prices which car red the ciSve of the market quite ma terially above last nights close. The days range of prices were wide, net de- clines running from 1 to points, the latter in sugar, which was quite active. The liquidation during the decline was heavy and the volume of trading on the rise showed a marked diminution. The operators for the reaction seemed to be satisfied with the declines they had achieved and their purchases to cover short contracts were instrumental in affecting the recovery. But there were also evidences sof some buying for long account. Very firm resistance was en- countered in some of the stocks which had shown greatest weakness. This was mark kedly true of Chicago Gas, in which inside buying was large and prominent. This stock during the day went as low as last nights close, but the final sales showed a net decline of 49sc, showing yesterdays heavy decline more than recovered. Sugar was the object of special attack by the bears after an opening gain of l point, and was forced down at one time over 4 points, but recovered to about last nights level. The stocks of southern and southwestern railroads showed less resistancy than those of the general list owing to the decreased earnings disclosed by late statements as a result of Interruptions from yellow fever quar- antine. There were reports during the day that further gold engagements would be announced toward the end of the week, but none are known to have been made up to this time. The actual rates for sterling exchange showed a decline of Ac from last nights close, foresIhadowing further gold movement. There was nothing in the news of the day to change the general situation, and the striking movement of prices can only be ascribed to only purely technical causes. The net gains includ many prominent railway shares and ex- tend to points in Omaha and Dela- ware and Hudson and 11a in Northern Pacific preferred.
 Bonds showed weakness in the early trading, but recovered sharply in sym pathy with stocks.
 Total sales were $2,100000.
 Government bonds were firm and un- changed.
 The total sales of stocks today were 575S00 shares, including Atchison pre- ferred 17,933; Chesapeake and Ohio, 8,235; Burlington, 36, 150; Louisville and Nash ville, 15,240; Missouri Pacific, 14,S30; New York Central, 12.390; Northwestern, G. S90; Northern Pacific. preferred, 24,6O5; Reading, 10,0S0; Rock Island, 19,420; Sa. Paul, 46,780; St. Paul and Omaha, 6,715; Southern Railway, preferred, 6,SS5; Wa bash, preferred, LIDO; American To-
 
 cago FGas, 101, ,525; Lead, 5,61O; Pacific Mail, 5,6S5; Sugar, 79,33O; Tennessee Coal, Iron and Railroad company, 5,47o; Vest ern Union, 6,566; Chicago Great West ern, 13509.
 Money on call steady at 21k@3 per cent; last loan per cent; closed 21s@3 per cent.
 Prime mercantile paper 4A@5 per cent Sterling exchange easier, with actual business in bankers bills at S4S4A@ $4.S4% for demand, and at $4.S2@$4 82A for sixty days
 Posted rates s4.S21z@$4.831s and s4S5@ S4.S51s.
 Commercial bills $4.S1
 Silver certificates STAG 575sc.
 Bar silver SIC.
 Mexican dollars, 43%c.
 Government bonds firm.
 State bonds firm.
 Railroad bonds steady.
 STOCK Opn. Close Atchison..... -. .............. .. 29A 29as American Spirits. eco. =. .... 10 10A American Tobacco ....... e. S6A S63s sugar ....... .......... .l42H l42H Baltimore and Ohio . ..... .''.. ..... 1Sla 1S% Chicago, B.. and e.. ... ......... 931 935s Chesapeake and Ohio ..... ... ... 21E 2iI Chicago Gas ..... ... ... ...... SSh 92H Delaware and Hudson ..... ...112% 115 General Electric .... ... coo. 3SH S3A Jersey Central ... e. ......... 93 9S Louisville and Nashville ....... 5S& aG Leather, CpreferreD ....... .6sA 6511s Northern Pacifc ..... ... ... e.. SIS 62la i M, K and E T., p;referrredD CO.,. CO.,. S5a $sS $ NTatt Vnrlr 1tt.al