The age-herald., 1898-05-24
In Wal Strear.

The level of prices of stocks was fled another notch as a result of today's trad ing The dealings were not large and there was no general activity in the market. That Is to say the volume of dealings in the speculative favorites was not very large, and d number of important stocks were inactive. At the same time it was noticeable that number of usual inactive shares were moved and this gave the mar ket the appearance of a broadening tsn- dency, which a closer anaylsis did not alto- gether confirm. There was a large number of individual transactions of the sma dividend paying stocks indicating de- mand from investments sources. Buying of this character is usually designed for permanent or long time holdings and a. ways accompanies plentiful supply of money. There was no evidence, however, of any widespread general interest in stocks and the speculative public evidently prefers to wait for n definite outcome to the naval engagements.
 General interest in stocks and the SD cu- lative public evidently prefers to wait for definite outcome to the naval manueveres in West Indian waters. There was good market for Americans in London, and prices were well sustained on the belef that Spain would shortly sue for peace. There was a coincidence in the rise Of point or over in Spanish As in London and Paris A rumor that this was due to pending France-Spanish all a1ce did not hurt Americans in London. London was also a buyer of St. Paul here, and alto- gether was quite a factor in the strength of the New York market. Northwest re- sponded to it's excellent statement of April earnings with a rise of points, and radiated strength through the Vanderbilt and the Granger groups, with each or which was CO., ordinate Early in the day there was a. further advance of over noints in Pullman. Other conspicuous gain
 Air 5fh. New Ha- ven. 21h; Minnesota Iron, 4; Metropolitan treet Railroad, 21a; and Leather preferred and Rubber preferred, about points each. Traders realizing in the late dealings caused a break of nearly points Tn Fuii man. of 21h in the Consolidated Gas, noints in New York Air Brake. The result was unsettled, closing considerably the best in some cases, and with net gains as a rue only small. The rate for money continued to droop and the early deslre Tor some evidence of more actiVe tasa ue,nau ort indicating business activity to extend out out eide the circle of money lenders. The accumulation and withholding Of exchange resulted in a further advance or 12c III tne rate for demand sterling and or Ac TOT oo day bills. Discount rates deciineo III Eon- ., re1ief If those centers from the pressure or exchange for New York.
 RaiIroad bonds were narrow and inactive hut nrices were well held. Total sales, Vi q60 mo United states new ueSAi'iSe 4 -- the hid prices. Others were unchanged o
 Total sales of stocks today were 29iEo sbares. including Atchson preferred s,"n' Burlington, II $50: L. & N, 7,525; Manhattan eOs: Metropolitan. $500; Missouri Pacihc' 2 445: New York Central, 4.s5o; Northern Pa cific preferred, 5,175; Rock Island, l3,aa5e St. Paul Al ,s95: St. Paul and Omaha, 3.71o; Union Pacific preferred, 17,2os; Wheeling and Lake Erie, 6 ,Oso; American Sprlfs, S,6io; Tobacco, 1s,2 ,2s3s Chicago and Great Western Ha as5: Peoples Gas. 6.340; Pullman, S,5Cc Sugar, 1s,155: Leather, 5000; Leather pre-
 8 D. m.-Money on call. 1@1h per cent; last loan, 1h.
 Prime mercantile paper, 41Ad5R per cent
 Sterling exchange firm. with actual busi- ness in bankers bills at S4S61aG4S6sl for demand and at s4.s3s4@4S6 for sixty days
 Posted rates, s4.s41h@4.S71k.
 Commercial bills. $4S21s@4S3-
 Silver certificates, 57sQ5Sh.
 Bar silver, 571s.
 Mexican dollars, 45A
 Government bonds weak.
 State bonds dull.
 Railroad bonds firm.
 -- r,-,x,ota yytra to Pafna MurDhy & Co