The age-herald., 1898-09-08
In Wall Street.

cotton seed meal, $16.50.
 Inwail Street.
 New York. September 1.-The bears got the upper hand very decisipey in the stock market today and precipitated moro act i've selling movement than has yet oc- cured. There was speculative liquidation during the afternoon on a very large scale, and offerings of long stocks in some prop critics which had elements of weakness, were material factor in the decline. Sugar occupied the center of the stage all day. It was evident before the market opened that tho bears had marked it for their own, and everything that could be done in the way of discouraging reports of the com panies' business and disastrous competi ton in prospect was done through the me- dium of inspired publications. The move- ment was opportune. the recent bull movement in the stock was accompanied by rumors of an increase in the dividend, and the declaration today of only the usual dividend brought heavy selling from dis appointed holders. Torrents of stock were dislodged on the decline, and all the usual devices were employed to give an appear ance of inside selling. The final rally in the stock was only feeble, the last price being 5A below last nights closing The demoralization in sugar affected the whole list but especially the Industrial, Tobacco, American Steel and Wire stocks, Manhat- tan, Lead and Rubber all show sharp losses.
 The railroad list held out the ground against the downward course, especially the grangers, led by St. Paul. Railroads intimately yielded, however, many of them showing losses between 1 and points, n Vdt ingS, owing to an extreme decline of 15sc and the Pacific stocks were s,1spiciously weak on realizing in connection with the announced determination of the Canadian Pacinc ofictals to accept the decision of the Interstate Commerce association against tho dtfferential in their favor on freight rates. The railroad list during the morning ruled quite generally above last nights level, and Peoples Gas was also strong feature earlier.
 Dealings in bonds were on a fairly largo scale, and prices yielded slightly in, the later dealingA Total sales $s,13s ,000 Unit ed States ss. when issued, advanced J&c bid prfcA Others unchanged.
 New York. September T-Totai sales of stocks today tr7,7o0 shares, including 1,DO Atchfson preferred; S,590 Buriins+on and Quincy; 3,2oo Denver and Rio Gfanfe pre- ferred; 3,1So Illinois Central; l,s50 Louisville and Nashville; B,2S5 Manhattan, 1T,t4s Northern Pacific; 2o,1S0 do preferred; s.SO Rock Island: A.sso St. Paul; 1o2o Union Pacific. preferred; 1s755 tobacco. 17soo Pse- pfe's Gas; 1os.7so sugar.
 New York, September 7.-Money on call firm, 2AGf4 per cent; last loan per cent
 Prime mercantile paper 4@5 per cent.
 Sterling exchange weak, with actual business in bankers bills at $4.s411G1s4S45 for demand. and As2@$4.8 SPA for sixty days Posted rates s4s31S@s4.s4 and s4S511k@$4S S6. Commercial bills $4.S11bps4.S2
 Silver certificates 59k@60ke.
 Bar silver 6oHc
 Mexican dollars 46%c.
 Government bonds firm.
 State bonds dull.
 Railroad bonds firm.
 Financial.
 New York. September 7.--Evening Posts London financial cablegram:
 The Candia incident made the stock mar kets here hesitate today and the firm ten dency was less clearly defined. It is be- lieved, however, that the reaction will be only temporary, the undertone being de- cidedly firm.
 Americans suffered through realizations during the early hours, but the close was firmer again, St. Paul especially. New Yorl, Is still buying gold, bidding it up to 77s 1OAd The London discount market is distinctly easy, repayments having been made to the bank today with the greatest ease.
 New York. September 7.--The market is unchanged in any vital particular In dry goods. Print cloths continue strong. Ex- fras 1-16c can only be obtained for spot delivery. Futures are not offered at all. Odd goods are equally firm. Staple cottons 1 -l,<x ftnxxf xf,.r~