The age-herald., 1898-03-18
Tn W all Street.

New York, March 17.-There was a com plete reversal of sentiment on the stock exchange today compared with that Of the earlier part of the week and prices sagged almost continuously. The losses averaged nearly ? per cent. in the standard shares and were more pronounced in the special ties, where in one case the decline eX- ceeded per cent. Trading was dominated by the announced completion of the Maine board of inquiry report, the failure or the Pacific roads to reach an amicable agree ment upon passenger rates and the heaVy selling by houses with Washington connec- tions. A favorable factor which had little influence was the continued influx of gold The present movement, including today movements, is in excess of $50, ,00OO00. Ihe continued ease of money likewise attracted little attention. The resumption or uh- easiness as to the general Cuban situation seemed not to be shared on the foreign bourses, where Spanish fours advanced, d. though this may have been due to the an nouncement that the interest payments which had been in doubt, would be made The bears offered round amounts or the Changers, Sugar, Manhattan, Metropolitan Street railway and other prominent securi- ties. The absence of support by leading financial interests was readily perceived by the advocates of the lower values and util- ized to the fullest extent. London was rather apathetic and early prices afforded little encouragement to either party, being slightly mixed. Subsequent cables reported the London exchanges closing exceedingly weak in response to this side.
 Sugar absorbed the bulk of the traders attention during the day at receding prices, It was the gossip of the street that late this afternoon the rapid transit commis- sioners would announce certain conces- s;ons to Manhattan in the way of eXten- sions. but that stock declined considerably.
 The net losses of points and over follow
 Metropolitan Street. 41sc; Sugar, 37sc; Consolidated Gas, 21hc; Tobacco 212c Man hatan, 2a.c, and Pullman, 2Ac.
 Railway and miscellaneous bonds showed a further contraction in dealings with the aggregate reaching $1.S5O,O00 The tendency of the market was downward throughout and as has been the case of late a large nreponderance of the dealings centered In a few of the speculative lines.
 Quotations for government issues lndi- cafed losses of 2 per cent. in the issues of 1925 and Hc in the fours registered Of 1907.
 Total sales stocks today were 917 100 shares, includ ns: Burlington Sl,z51; Lou1s- vile and Nashville, 5,S60; Manhattan, 23,- 756: Metropolitan, S,450; Missouri Pacific, .1So; Missouri. Kansas and Texas, pre- ferred 4So0; New York Central, 5,l9o; Northern Pacific 4,915; Northern Pacific, preferred. HAS; Rock Island, 1O,SS9; St. Paul, g, ,7S5; Tobacco, 29, ,070; Sugar, 64,565.
 New York, March 17.-Money on call easy at 11ba2 per cent; last loan at per cent.
 Prime mercantile paper, 4l9@51a per cent.
 Sterling exchange steady, with actual els- mess in bankers bills at $4. S3s4 d4.& for de- man and at $4.S0%@4.a for sixty days.
 Posted rates, s4S11k@4.S3 and $4.8i04s51a.
 Commercial bills, $4.S0q4.s01R.
 Silver certificates, 55Q55A.
 Bar silver, SAYS.
 Mexican dollars, 4%.
 Government bonds weak.
 State bonds stead.
 Railroad bonds weak.