The age-herald., 1897-08-01
Inv all Streer.

II
 New York, July 3l.-Trading was inclined to be cratic in today's stock market open ing with some improvements, low priced stocks being in special demand. It became irregular, and standard securities eased off some on realizations, closing with irreg- liar fractional changes either way. The London stock exchange being closed today, as well as Monday, arbjtraGe brokers did nothing in this market. Northern Pacific the preferred rising 1A 1t berg largely bought by a house regarded as represent ing important speculative interests Sugar was quiet and the Changers and Sout1- westerns rather Jagged. Some room traders sold Changers because of the slackened demand for those shares on vague stories of damage. The total sales of stocks today amounted to 62,63o shares, including Ches- appeake and Ohio, 16,525 Northern Pacific, f Paa N9Fherp s5 Gbeasd Paee as St F. & !. preferred, 11,iI6; Quicksilver, s. coo; Chicago Great Western. 60O6.
 $ The stock market had advanced sc long, partly in anticipation of a settlement of the tariff, that the enactment thereof had no appreciable effect at the be ginning of the week. Stocks were irregular but many advances were made on a constant increase in public interest a rise of over 4c in the price of wheat and the enormous daily gagged for export, decreases in imports. and commercial agencies reviews showing increased business with western jobbers compared with last year, and that nearly every northern city reported improvement in business The total transactions for the
 
 two years at advancing prices Unfavora- Die features were the tagging of the iron market noted elsewhere, and the closing of many cotton mills, and especially the ex- port of $4 GOO, GOO in gold ...i Government bonds reflected the public confidence in business, while stocks and bonds long neglected were active of higher features notably those of southern and sonthwestern railways owing to improved crop elements and increased traffic. AL together the market was broad and many top, prices were noted. Railway earnings i noIh .aiosg net .ana gross were generally pleas great btuminous coal strike.
 The scope of the market WAS appreciably sextended on Wednesday, and brisk pug z chasing movement embracing an exten- sive variety of shares, ensued. The prom thence Of certain shares gave rise to reports that a powerful interest was operating to enhance values. This received some ere dence. and stimulated heavy covering by reassuring. Rumors of G a possible % ere resrrnps nore tion of dividends on certain internationally listed properties caused London to repur- chase heavily of foreign favoritas and take round amounts of speculative mortgages The anthracihe coaiers moved spasn,odcal- ly but displayed considerable strength on revived reports of impending deals and ex- .cellept trade prospects. Local gas shares; sharply advanced on oft-repeated rumor ing companies. which lacked yerification from official sources. The feature of the silver market was the fall of bar to 2G Is in London ,on Wednesday and a corre- spending fall to 571a here. with Mexican dollars down to i5c all low-preed records for tho white metal. On covering Of short iii London there was d partial recovery in .ss he silver market, which subsequently slumped, closing 575sc for bars and i5dc for Mexican dollars
 Money call was loaned generally at 1 per cent. with some few transactions at 1T and small amounts at 2 per cent
 The supply of time money exceeded the demand, but the transactions reported Were a unchanged quotations. The ster- ling exchange market was strong and War ranted the shipment of about S4000 900 gold a portion of which was covered by sales export of s10o,ooo of gold to Canada. The continent continues disposed to import gold. which goes largely into the Bank of 4 France. Actual business in bankers bills closed at $i.ST& for demand S4Ss for sixty days. The changes of ? points and over j for the week show % advances, compared with eight stocks showing losses.
 Tho bond market during the week was characterized by wide expansion in deal fnes. which include numerous of the usu- ally dormant mortgages. which 6uctuated materially. The market generally display ed aggressive strength on the development of a pronounced inquiry for speculative account which embraced all seiasses of securities. Purchases for continental ac- count were on a large scale, but some of the active issues. were sold for foreign ac- &nInt The ass1egate transsc;ieis were sTrA praacipals advances were: Missouri