The age-herald., 1898-07-09
In Wall ktrees.

New York, July 8-Today the stock mar ket must still be described as dull, though the volume of transactions somewhat ex- ceeded that of yesterday. There was still no marked evidence of outside interest and fh list was by no mans broad one, though many recently inactive stocks were brought forward into the active list. There waS however a steady absorption of the stand ard railroad stocks without ostentatious ef- fort to advance prices. The Vanderbilts were conspicuous, as was the case yester- day and the buying especially of New York Central was large and confident. Pennsyl- vania also advanced sharply and the buy ing was rather more conspicuous than is usual for this stock in the New York mar ket. The coalers were an exception to the strength from the start, not only on the general dprssion known to exist in the an- thracite trade, but also reports of deep cuts in the selling price of coal and of pros- poets of a conflict of rates. In the final hour the bears raided the coalers with the purpose of unsettlng the advancing ten dency in the market. Prices in the group crumbled away without much resistance. Reading first preferred losing over points, New Jersey Central 3 and Delaware ana ftuuSOn. ImS DItdh III prnes had little effect in the general list scarcely any stock losing over h half and part of this was recovered before the close which was remarkably firm in the face of the slump in coalers. Much was heard in Wall street of the prospects Of an early J peace and even more was made of this by the London specuators
 There was quite an urgent demand in this market for London account, which had no small part in advancing prices. Con- fidenee is growing that the country will show a large yield of wheat and todays estimates of smaller stocks in store in Eu- rope than last year, decrease in the total supplies in all positions compared with a month ago and only a slight increase over year ago, gave assurance that the world would need our supply. The New York banks have been losing money to the sub treasury this week on account of bond sub scriptiohs and interior banks have been drawing on New York banks also to provide funds for bond subscriptions. New York exchange in Chicago went to 10c discount today. As a result there is slightly more tone to the local money markets and loans in some cases are made at higher rates. But money still continues easier.
 There was conspicuous mpvements in the bonds of the Fulton and Kings county elevated roads today, the formers first mortgage rising 10 pereept. and the latter 21a per cent. There was good business done in railroad bonds at higher prices. Total sales s2,670oOO. United States new fours advanced 4c in the bid price.
 The total sales of stocks today were. 23i.S00 shares, including 15,250 Burlington; 9,750 Big Four; S.409 Louisville and Nash vile; 10,24O Manhattan; 15,450 Reading, pre- ferred; 13,S40 New York Central; 7.250 To- bacco; 9,620 Peoples Gas; 1882 Sugar; 7,615 Rubber; 3,O9o Rubber, preferred.
 Money easy; on call, 1d114 per cent; last loan, 1A per cent; prime mercantile paper, 3lad4 per cent; sterling exchange firm, with actual business in bankers' bills at $4S5%@ si.S61a for demand and $4.S4G4.S4% for sixty days; posted rates, $.S504. 35h and 4.S61a@ 4.S7; commercial bills, $.483%; silver cer- tificates 5S1acQ59lkc: bar silver, $5.S5@5.8S; Mexican dollars, 45Ac.
 Government bonds strong.
 State bonds dull
 Railroad bonds firm.
 By Private Wire to Paine, Murphy & Go.