The age-herald., 1898-05-06
Tn Wall Street.


 New York, May 5.-Professional operators all turned bulls today at the opening or the stock exchange. As a matter of fact they were forced into this position by the out side public, who manifested their disposl- ton to come into the market ana puy stocks in large blocks at the market price. The market was full of outside buying or ders and dealing was on a large scale put had very heavy burden of profit taking sales to carry and the small opening gains were in large part wiped out during the first hour The reaction here failed to impair the confidence in London, where Americans continued very active and strong.
 The market presented all the characteris- tics of the rampant bull spirit From time to time the general strength was taken advantage of for heavy profit taking Tn special stocks. At other times when there was disposition for business to languish individual stocks were pushed vigorously upward for the purpose of sustaining the general market. The large number Of small lots of standard dividend paying stocks was also a conspicuous feature or the trading arguing the re-awakened con- fldence of the investing public and the greater ease in the money market, where the rates are no longer so inviting for the employment of ready cash. Rock Island was lifted 3A points to parity with St. Paul. Sugar was furiously active covering q 3& points net. Manhattan, and Consoli- dated Gas are over 4 points higher. The large majority of stocks traded in are at least point higher and net gains range from that up to points. There was no special development in the situation to &C., count for the buoyancy for the market be- yond the general conviction that Spain's capacity to carry on the war is nearly ex- hausted and that the danger of any serious impairment of this country's prosperity by reason of the struggle is about passed. A large number of traffic returns gave force to the general conference in the strength of the business situation. The renewal of gold imports also tended to the same end.
 The bond market shared the activity and strength of the stock market and shows higher prices all around. Total sales $2,- 525, 900.
 United States As registered advanced +. new As coupon B in the bid price and others unchanged.
 Total sales stocks 515, ,00O shares, including Atchison preferred il ,450, Chesapeake and Ohio 5,070, Burlington 30,SS3 Louisville and Nashville S,515, Manhattan 22 250, Metropoli- tan 9060, Reading S1 265, Missouri Pacific 9.940 New York Central 12930, Northern Pacific preferred S,95O, Rock Island 34,42O, St. Paul 43,S50, Tobacco 31 235, Peoples Gas 9,s51, General Electric s05O, Pacific Mail B. 635. Sugar 90 ,332, Tennessee Coal and Iron 3,123, Western Union 6,520.
 Money on call firm at 215@3 per cent, last loan 2k.
 Prime mercantile paper, GOT per cent.
 Sterling exchange easier with actual busi- ness in bankers bills at s4s4@4S41s for de- mand and at s4SOaa@4S1 for sixty days
 Posted rates, $4S1k0D4.S2 and $4.S5@4.S51
 Commercial bills s4S01a.
 Silver certificates, 56@57c.
 Bar silver, 56Bc.
 Mclean dollars, 45c.
 Government bonds strong.
 State bonds dull.
 Railroad bonds strong.
 Rv Privafe Wire fo Paine kT,1rnbv C. Co