The age-herald., 1898-01-29
In Wall Street.

New York, Jan. 28.-Todays stock mar ket showed signs of struggle by the bulls to sustain prices while they were taking their profits. They were moderately sue cessful, and sold large blocks of the stocks which have been recent speculative favor ties without producing any marked de- cline elsewhere in the list Northern Pa ciic preferred is the only one of the re- cent favorites which showed a net gain for today, but the declines in the others were not sufficient to uncover any large number of stop loss orders. The sharp gains in special stocks at different times during the day were evidently due to ma the general market This, together with the higher range of prices reported from London this morning, kept stocks well above last nights level during the early part of the day, but the closing showed an easy tone, with prices generally at the lowest. New York Central was conspic- uous under realizing pressure after the opening, and closed 11a lower than yester- day.
 New York Central was conspicuous un- der realizing. ansas and Texas preferred showed an extreme decline of 1A and Rock Island one of a full point. Heavi- ness of the grangers group was an i'm portant factor in the decline, December statements of St. Paul with the small in crease shown in net earnings having an unfavorable influence on the general list. London sold on balance in this market several thousand shares of stocks, chiefly New York Central. This added to the heavy to quite marked extent. Still an- other factor on the side of the reaction fists was the weakness in the anthracite group, declines in some of its members reaching point. The local group added the weight of it's weakness to the burden of the bulls. The sudden spurts of strength shown by Northwest, Louisville, Denver preferred and few other stocks proved unavaiing to counteract the general lower tendency.
 Exchange hardened a fraction in re- sponse to London on continued selling of stocks here. The announcement of the withdrawal of 10000 pounds in gold for shipment to the United States was with out effect here. Reports from London during the early dealings showed prices for Americans higher and the market quite active, the speech of the president last night being assigned as the cause. The anticipation of this speech has been used by the bulls in Wall street for sew eral days, and the realizing today after its delivery was in accordance with the usual practice of professional traders. 5i
 The business in the bond market con tinued on remarkably heavy scale and prices generally are higher There were single transactions at par value of s150,- GOO and $75,000 of the Union Pacific pu7- chase transactions; of s125,oo0 of Atcsison adjustment As and of O,OOo of Erie prior As Total sales, $5,300,000.
 United States old As registered were 3s higher bid; the new 4's N higher bid. and the old 4's coupon and the 5s, E higher.
 Total sale of stocks today, 473,SO0 shares, including: Atchison preferred. 14,019; Ches- npeake and Ohio, s,719; Chicago, Burlington and Quincy, 25,926; Chicago, Cincinnati, Cleveland and St. Louis, 3,SS4; Denver and Rio Grande, preferred, 9.17o Erie preferred. 4,07S Louisville and Nashville 12442; Man haitian, 14,020; Reading preferred. 36SO; Missouri Pacific. 17,31O; M., K. and T.. pre- ferred, 17S50; New York Central, 35,3S9; Northern Pacific, 25,s45; do preferred, 49,- 5S1; Rhode Island, 30S2S; St. Paul, 1s95O; St. Paul and Omaha, 4,s69 Southern Pa cifc 6O46; Union Pacific, 2s.5s1; Tobacco, b,215; Chicago Great Western, 12.CO0; Peo- ples Gas, 10.005; General Electric, 329i; Sugar. 246s7: Western Union, 3,76O
 Money on call easy, 1hGI1A per cent. i; last loan, 1h per cent.
 Prime mercantile paper, sQsX per cent.
 Sterling exchange firm, with actual busI- ness in bankers bills at s4.S45s for demand