The age-herald., 1898-03-11
In " all Street.

ulative markets. RIoRDAN & co.
 In Wall Street.
 New York, March 10.-Today's stock mar ket showed a further contraction in the volume of dealings and an apathetlc tone to the trading, which indicated the pre- vailing disposition to refrain from specula- lative activity until conditions become more settled. There is continued uneasness re- garding the Cuban situation which finds it's reflection in the large offerings or se- curhles on any substantial advance. It IS the evident sentiment also that the pres ent conditions, so far as they are kno"n' do not warrant further drain in prfces There was a strenuous attempt in the early dealings today to mark up prices with the purpose of pinching small bear traders, and probably also for the purpose of realizing at the higher level.
 This manuevre, which proved so success full yesterday and Tuesday, brought out such abundant offerings that 1t was soon abandoned and the bears retained control of the field for the rest of the day. A small amount of arbitrage buying for London ac- count aided in the early resistance to the decline, and the strength of special stocks tended to the same end St. Paul was well supported in anticipation of the dlVl- dend declared which was at the rate or per cent per annum, though the increase over the recent rate was called extra olVi- dend. The strength in St. Paul, as com pared with the other grangers, drew 1t and Burlington together, and thelr piioes crossed during the day. St.. Paul yielueo in the final dealings and fell to the lowest of the day. Tobacco was also strong feature and help to sustain the special ties. Its tone was, however, decidedly feverisn. Pittsburg, Cincinnati, Chicago and St: Lotus underwent a remarkable series Of huctua- tions, as low as 41A and as high as A. ap parently due to a contest between riEai speculators to uncover each other mar gin The stock closed unchanged. The unsettled and easy tone on foreign eA- changes especially the weakness or span ish fours in London and Paris, helped ma terially to defeat the efforts to advance prices. The continued influx of gold talleo to have any effect in sustaining the mar ket. Neither did it save the foreign ex- change market from falling an additional fraction.
 There was perceptiby easier tone in call money, and loans at ths close were made at 12 per cent. Tenders are still 10th to make time loans. A large part of to- days selling was attributed to Washington account There is no doubt that the bears employed the usual channels for Washing ton selling for the sake of effect, and they accompanied it today by the circulation or sensational run1orS regarding deVeiopmeifts in the Cuban situation. Because Of last weeks Washington selling previous to the publication of the news of ConSul-Generai Lees requested recall the market is ex- tremely sensitive to any sensation from that quarter. Todays net declines are about a point or over, through the list and effectively wipes out the advance of yester- day and the day before. Bonds were weak throughout the day in sympathy Wdth stocks, the speculative issues leading the decline Total sales $1.665000. U. $. new As, and the old As coupon advanced 12c ana the 5s 14c bid.
 New York, March 10.-Cotton easy; mid dling, 61ac; net~receipts, 165 gross, 4,5l2; exports to the continent, 100; forwardea, 2,111 bales; 20111 spinners; stock, 1SOe7. Total today: Net receipts, 23,417; exports to Great Britain, 29710; to France, S,55O; to the continent, 9,974; stock, 1,0S1, ,SH.
 Consolidated: Net receipts, 1SS73; exa ports to Great Britain, 61s61; to France, 14902 to the continent, 79,6S1.
 Total since September l: Net receipts, 7,553, ,593; exports to Great Britain, 2,561 to France, 21, Al; to the continent, 2.240,S2S. Money on call easy. 1@2 per cent; last loan, 1 per cent; prime mercantile paper, 4@41a per cent business in bankers bills at $4.SSa4 for de- mand and at $4. SOs4@4.S1 for sixty days; posted rates, $4S2@4.S3 and A.S5@4.S51s; commercial bills, $4.SOq4.S01s
 Silver certificates, 541AcQ65c.
 Bar silver, 544c.
 Mexican dollars, 44&c.
 Government bonds stronger.
 State bonds dull.
 Railroad bonds weak
 Sales of stocks today were 2S3,OOc shares inch,ddng Louisville and Nashville, 5,957; Manhattan, 13.2e5; Metropolitan, 4.Slo; Mis- souri Pacific, 4,OS3; New York Central, 6,So7; Northern Pacific, S.775; Northern Pacific 15,oOO: Rock Island. 6,6S5; St. Paul, D,To; IInion Pacific, 4.700: Tobaco, 35,SS9; Peoples GAS s.o75; General Electric, 3,1s5; sugar. 2s,5s5.
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