The age-herald., 1897-09-08
In Wall Street.


 New York, Sept 6.-The bear party was better defined ana more aggressive in today's market than it has been for several weeks, and it got the ascendant for time over the large bull centin- gent. The desire of some of the very heavy operators in the bull party to realize heavy profits was a source of weakness of itself. But bears made most capital out of the yellow fever outbreak in Mississippi. The stocks of roads which traverse the region imme- diately infected, nota bly Louisville and Nashville, were most keenly affected. Louisville and Nashville declined at time two points below Saturdays close, and other southern roads were more or less affected, the whole market going off in symjathy with the heavy realizing sales. These incidents somewhat inter- fered with the plan of operations of the bulls, which was not essentially differ ent from that pursued each day last week. The stocks selected today for putting up in order to sustain the rsst of the market was Northern Pacific. This stock has not shared in the recent improvement in prices, owing to the poor showing of earnings made in the
 
 pany, and was disregarded today, and the price of the preferred stock was raised by manipulation four points and that of the common stock about two points. Last week the days proceed ings were preceded by speculation in the street by a tip as which stock should be pushed up during the day. This policy was pursued also today with the result of boosting the stock named and aiding the bulls plans. They were also assisted today by lively specula- tion interest on the part of London than has been manifested since the present rise in prices. Prices were higher in tone before the opening here, and buy ing for London account was quite a prominent factor during the day. Lon don bought about 10000 shares
 The orders which had accumulated in commission house offices over the dou- ble holiday were also effective at the opening in helping to rush up prices. The heavy sales to realize, however, and the yellow fever sentiment soon put a stop to the upward movement and the market was depressed for most. of the balance of the day below Saturdays close, the decline from the opening high point exceeding a point. The buying in Northern Pacific, New York Central, Cleveland, c. c. and St. L. and the Changers especially Burlington, brought the market back to above Saturdays level of prices, stocks which remained below being exceptional. Sugar moved in an cratic manner all day over a range of 21s points, showing strength for the most part. The preferred stock rose 2A The Industrial stocks gener- ally were somewhat neglected.
 The toltal sales of stocks today were 636,663 shares, including Atchison prefer red, 140o5; Chesapeake and Ohio, 13,125; Burlington, 30,520; Cleveland, Cincinnati, Chicago and St. Louis, 6,3S5 D. and R. G. preferred, 5,736; Louisville arid Nash vile, 25,725; Missouri Pacific 12,725; New York Central, 9,650; Northern Pacific, L. 27O; do preferred, 2o,170; Reading, S3, ,425; Rock Island, 10000: St. Paul, 47,42o; Southern railway 9,700; Wabash prefer red, 15,O00; American Tobacco, 7O2O; Bay State Gas, 15,220; Pacific Mail $500; Sugar, 29,42o; do paseferred, 6,307; Tennes- see Goal and Iron, 7,S00; Western Union, $500; Chicago Great Western, 9,15o.
 Railway borlds were less active and easier, Northern Pacific ksues showing strength and activity. Total sales, sS,- 100000.
 Government bonds wsre strong.
 Money on call steady at 1AQ11s per cent; last loan, 11s; closed, 1A@1h per cent.
 Prime mercantile paper 3A@4k per cent
 Sterling exchange firm. with slasual business in bankers bills at $4861a@D $4.S6h for denand, and $483% @$4S4 for sixty days.
 Posted rates $4.S41aQs4.84% and $4.S6H @$4.871h.
 Commercial bi1ls $4.S3A @4S3h. Silver certificates 531Ac.
 Bar silver 54Ac.
 Mexican dollars, 42Ac.
 arLh s-f,,