The age-herald., 1897-12-28

far eaet. carried prices below last walks icyal whsfa th=y remained. n the case of many leading stocks, until the close.
 Today was Holiday in London, and there were nc quotations for British con sols. the accepted haroueter of Eqr5eean politics. There was. however, trading on the continental bonrsos. and reports from slhafe did not indicate any acute apnfe- heasion eyer tho outlook in China. Th#re were soaa railroad stocks which showed exceptional movement. One of these was Chesapeake and Ohio, which was bought heavily by lending bull operator and which advanced nearly a point.
 Ihe llz per cent bonds of this company were also in ao1d demand and advanced 1s per cent at. Raufs net earaiuEsz Tor November sh5a us an increase of $214,l67, failed to sustain the stock, which Shared in the hea7IHess Of tRe whole sranaer group, except Burlington, which Uas par ucuIarl2 active. Tne third week statement at hand of the southwestern railroads Was not very lavafabla notably that for ISan- sas and TeNas which showed a decrease of S23,4S9i and for St. Louis Southwestern, with a falling on of over $2o,05O us com pared with last year.
 The situation in the money market hinged on the Union Pacific payment and the Pacific bond redemption. The sub treasury's debit balance at the clearing house today was S4 372 ,033 and this despite the government checks for redeeming the Pacific bonds, which have come through the banks More were coming today, and the government was still sending out checks from Washington for the further payment. But money from this source had not come back into the market with sufficient freedom to prevent it feeling to- days Union Pacific payment to the gov ernment of about sS,500,0OO, even though s4,O00,OO0 of this is left by the government on deposit in New York. There was con siderable calling of loans today, and the rate paid to replace them ranged from 3A to 41s per cent, with the majority at 4 per cent. There was rise also in the rates of sterling exchange today, which precluded the idea of any immediate fur ther gold imports. In the final dealings there were some sharp reactions in the speciaties and the coalers. which wiped out all the previous gains, and in some cases left prices materially lower
 Manhattan was a notable exception, closing near the top with 0 net gain of 29s. Most gains and losses in the great list were rather narrow and mixed.
 The tone of the market was firm, and in some cases sharp gains were shown. Total sales $1 s0ooOO
 United States old is registered were 1a lower bid.
 Total sales of stocks today 2S7l shares. including: Chesapeake and Ohio. 9l93; Burlington, q S66; Louisville and Nashvilieg 5,O8o; Manhattan. 57225; Metropolitan, g. GIT; Northern Pacific preferred, 5790; Readz ing, 1880; Rock Island, 6,645; St. Paul. D. 15i; American Tobacco. 4,2iO; Chicago Great Western, 9eGS; Lead, 3445; Sugar. 4i,011: Tennessee Coal and Iron. 99i0; West ern Union. S,150.
 Money call firm at 3@4 per cent; last loan. per cent; closed, 3a31a per dent; :; prime mercantile paper, 3l1q4A per cent
 Sterling exchange firm, with actual busi-, ness in bankers bills at si.SiA9lS11s for demand and at $4.S11AGAS1A for sixty days
 Posted rates, s4.S21594ss and $i,S5lahsG ,AA, Commercial bills, $4.S1. 9ess- < Silver certificates, 57@577s. 4 Bar silver, 57.
 Mexican dollars, 455s.
 Government bonds easier.
 State bonds dull.
 Railroad bonds strong