The age-herald., 1898-12-30
Tn Wall grreet.

New York, December 29.-After early period of hesitancy and irregularity, stocks today resumed their upward movement. In some stocks the advance was large while in standard shares it was confined to frac- tions. The trading was broad and there were few laggards in the advance. AL though London was a moderate buyer on balance, there was a disposition in the early trading in that quarter to be very cautious after the decline here yeserday. The tendency in the home market was at first downward sympathetically with the early foreign prices The Grangers and Pacific were off fractionally and pro- fessional traders worked for a reaction but found few vulnerable spots, as all offerings were absorbed by commission house scale orders. Sugar was marked up on the shorts who had put out large lines because of the disturbing factors in the trade situation. The favorable November reports that of Jersey Central published yesterday and that of Reading published today, the latter road showing an increase in surplus of nearly s169,0OO for the month, were instru- mental in rousing renewed interest in the anthracites. The strength developed there was attributable in part to renewed reports of an advance in coal prices with the first of the year. Erie first preferred rose sym patheticaliy. The recuperation of the mar ket spread from one group to another and the rates for money, which had advanced slightly, gradually eased off with plenty of supplies to low figures. The grangers rallied point or more from the low figures and sellers Of yesterday were purchasers today of Central Pacific, which advanced over per cent. and the other Pacific inn proved in a lesser degree. Pittsburg, Cleve- land, Cincinnati and St. Louis and Chicago and Eastern Illinois recorded new high records. New York Air Brake made an ex- treme rise of 9lac. accompanied by talk of a favorable judicial decision. American cotton Oil, Bay State Gas and Federal Steel were all strong. There was talk of new deal in Bay State Gas to account for the rise here. The closing was strong at the Iop In most cases and at slight concessions from the best in others
 The bond market showed early hestancy. but later rose strongly with substantial gains in some cases. Total sales $4415 900. United States 9s advanced Ac, and the new As hc In the bid price. The old As regis tered fell off hc.
 The total sales of stocks today were PA 100 shares, including: Achson, 7,552: At ehison, preferred 17,350; Central Pacific. 63,olO; Burlington 1860; Louisville and nashville, 6,5SO; Missouri Pacific, 1O52O; Northern Pacific, 11,470; Reading. 2O62o: Rock Island, 2S 72O Union Pacific. 21. $50: St Paul, 17,350; Southern, preferred, 5.9OO; Texas and Pacific, preferred, 16O7O: Wheel ing and Lake Erie, preferred, 12,211; Fed eral Steel, 37,5SO; Federal Steel, preferred, 16.S3O; Pacific Mail, II, TAO; sugar B, $40.
 Money on call steady at 294 per cent last loan, 2 per cent; prime mercantile paper, 303A per cent; sterling exchange. firmer. TUrif nfrfFT TaT 1f1. $4.S4h94.S415 for demand and at $4S1%@4. .S2 for sixty days; posted rates, $4. .S21sQ74 851a {; commercial bills, $4.S0la@4S1; silver cerifi- caets, 5911c@601sc; bar silver, 59c Mexican dollars, 46ssc.
 Government bonds irregular.
 State bonds inactive.
 Railroad bonds strong