The age-herald., 1897-11-05
In Wall Street.

New York Nov. 4.--Todays business on the stock exchange was larger than that of yesterday, but the losses in the pricss quoted at the close are nowhere near so large as those of yesterday. Large blocks of stock were thrown on the market, yet there was good support forthcoming at the decline. Although the general course of the market was downward, this course was constantly interrupted by rallies, and as one Of those periodical recoveries came in the last hour of trading, the days net de- clines are small, except in some of the less active stocks. Prices for Ameri- can securities received from London at the time of the opening here showed re- coveries of fraction all round and the opening prices here were advanced to the London parity, winch was the highest prices of the day on the local exchange. Reaction soon set in, and Sugar showed signs of continued weakness. Later in the day an authorized statement report ing satisfactory progress toward recov- cry from a surgical operation by the president of the company steadied this stock and eliminated one of the principal elements of the weakness in the recent indIhel. Mdtly SlduQdIQ IdliN dy showed firm resistance to the downward tendency all day and helped the tone of the general market The coalers showed some recoveries from yesterdays weak ness and St. Paul and Burlington held their own quite firmly. Arbitrage bro- kers bought stocks in this market for London account, but this was probably to cover selling contracts made at the early higher level in London. Neverthe~ less, 1t helped to counteract the weak ness in the local market. Traffic returns from railroads were another favorable influence, Missouri Pacific showing an increase in earnings of $165,000 for the fourth week in October and Chesapeake and Ohio an incr,ase of over S43,0G1 for the same period. In comparng current traffic returns with those of a year ago, 1t is pointed out that the period for this year has two Sundays, while that for year ago had only one. In the case of the grain carrying roads also, last years October business was very large, thus making this years comparison less strik- ing. Consolidated Gas declined today SA; Pullman, 21s and Sugar preferred 2A. Total sales, $1, ,475,O00.
 United States old 4s registered and the new 4s were advanced A bid.
 The total sales of stocks today were 336, 200 shares. including: Atchison pre- ferred, 7,6S6; Chesapeake and Ohio, B. 600; Chicago, Burlington and Quincy, 36, 150; Louisville and Nashville, S,2S7; Missouri Pacific, 9;9s5; Northern Pacific, preferred, 19,130; Rock Island. 13,74O; St. Paul, 297S7; Southern railway preferred, 7,972; Union Pacific, 7,250; Wabash pre- ferred, 5,100; American Tobacco, S240; Bay State Gas, 21,12S; Sugar. 6o,67O; Chi cago Great Western. 6990.
 Money on call easier at 11s@2 per cent; last loan, 2 per cent; closed. 1902 per cent.
 Prime mercantile paper, S%@4A per cent.
 Sterling exchange steady, with actual business in bankers bills at $4S5h for demand and at $4.S2% for sixty days.
 Posted rates. sIS3@4.SSh and $4s6@ 4S61a
 Commercial bills. SASHA.
 Silver certificates. 57@5S1s.
 Bar silver, 56a4c.
 Mexican dollars, 435sc.
 Government bonds strong.
 State bonds dull.
 Railway bonds weak.