The age-herald., 1897-11-16
RIORDAN & co.
In Wall Street.

New York. Nov 15.-Wall street has not seen so dull day In many months. Even the professional traders were af- most out of the market and th:re was absolutely no outside inquiry or sign of interest in the market. A large proror- ticn of the days trading was in Sugar, and this stock fell away one time 25s points. but closed F above that This rally was due to ruling by the tr=asury department to apply the countervaling duty clause of the tariff bill to refined sugars imported from Denmark. The amount of sugar available for import from Denmark is not in itself large, but ths treasury's decision was regarded as irdica ting a course likely to be pursued in regard to Dutch refined sugars of which the supply available for import is large. This rally in sugar helped the market somewhat, and was almost the only indication of read strength in any stock Throughout the day. In the clos ing transactions Susquehanna and West eln preferred suddenly mounted upward to 341a, net rise of 2as, and the bonds of that company also showed some sharp gains. No effect was exercised on the general ma.lket by this. Northern Pa cific preferred was relatively firm in the railway list on account of the increase in earnings shown by its first week statement of $193,6S6, or 43 per cent. over last year. Last years earnings for the same period were not large, and there was one more business day included in the period than this y ar. But the show Ing was regarded as g. strong enc never theiess. Peoples Gas, which was dealt in ex-dividerd of 11s Der cent was cen tsr of depression and closed a point lower The Coalers were all weak. New Jersey Central conspicuously SO, falling at one time 21a points, and raaying fraction. Consolidated Gas made one of its characteristic slumps of 9 points to POS. This was eight points lower than the previous low point of the present movement. The stock rallied 11b at the close. The teaviness and dullness of the markat were partly in sympathy with London, where the prices of securities showed declines on account of some ap- prelAension over European politics due to threatening conditions on th, borders of Turkey. Thefte was some disappoint- mert over tine failure of the supreme court to hand down a decision in the Nebraska maximum freight rat case be- AoiC ilS lHo NctfAS TtceSS. CiOSlr2 prices are considerably above the lowest of the day in most stocks, but the gen eral flst showed net losses of a fraction exceeding F in most cases.
 The total sales of all stocks were less than 1S0.eo0 shares, of which Sugar con- tributed almost one-fourth.
 The bond market was dull, but prices were firm. Total sales, $1, ,S25,00O.
 dtot1
 The total sales of stocks today were a76,700 shares, including Chicago Bur hngton and Quency, 121S3; Rock Island, f3.O55; St. Paul, 1706O; Bay State Gas, 2o.14a; Peoples Gas, 13,25O; ConsoHda ted Gas, 5,652; Sugar 54,O4O.
 Money on can steady at 1k@2 per cent; last loan. 2 per cent; closed at 1h@2 per cent
 Prime mercantile paper. 31a@41s per cent.
 Sterling exchange firm with actual business in bankers bills at $4.S5h0 4.S5Ss for demand, and at $i.S21s4.S2% for sixty days.
 Posted rates, $4.SS1k@4s6k.
 Commercial bills, $4Ss
 Silver certificates, 5SA@59c.
 Bar silver, 57zsc
 MeNlcan dollars, 451ac.
 Government bonds firm.
 State bonds. dull.
 Railroad bonds firm