The age-herald., 1898-08-27
Tn W all Street.

Tn Wall Street.
 New York, August 26-Tndications in the stock market late yesterday that the lfqui- dation of profits was over for tine present and that powerful interests were prepared to re-enter on the long side were abund- antly confirmed today. Prices were marked up sharply at the opening, but there were sufficient selling orders placed with com mission houses to reduce the gains in the grangers and put stop to the adVahce The enormous absorption of the Northern Pacific stocks however, was unapateo anu the aggressive strength shown by sugar also helped the early rise The continued advance of Minnesota iron and strength in some of the industrial SpecialtieS were also sustaining forces There was eVl- dence of support in Manhattan, thus serV- ing to remove uneasiness as to the un- settling effect of that stock. The large outside offerings to take profits served to materially decrease the buying movement. however, and a period of dullnesS and tfnl- ness intervened. It was terminated by lhe sudden movement in Union Paclnc which rose early above and was held there for the balance of the day. The preferred stock was also lifted to CT and the move ment extended to the grangers and south western railroads. The Northern faciic stocks suffered from profit taking under cover of this diversion of speculation, but the advance in the general list was con
 
 embrace a large number of dormant stocks The grangers were all advanced to near the high point on the present movement and St. Paul rose sharp fraction aDoVe II. A late recovery in Peoples gas aIter carry depression carrying the price above lOi held the market in the final transactions in the face of some active protit-taking ana an advance in Denver preferred or heai1y z points helped to the same end
 The money market maintained it's f1rmer tone today, call loans ranging rom IacW 2bc. Sterling exchange weakened under the pressure of grain and cotton bills, glv- ing assurance that prompt relief may pc had for any money stringency. New fork banks have been losing heavily to the suo- treasury on bond operations during the week. but government deposits with the banks have been largely increased as the newly distributed per cent bonds have be- come available to the banks as security for government deposits ,Uneasiness regard- ing the declining surplus reserve has there- fore been largely allayed. Profit taking was in evidence in some of the speculative bonds today, but the standard issues were mainly firm. Total sales, s4,77O,OOO.
 Government bonds were unchanged.
 New York Aug. 26.-Total sales stocks 650 800 shares, including 29. 300 Atchison, pre- ferred; 245OO Burlington: 137S5 Louisville and Nashville; 17973 Manhattan; 59, 60 Northern Pacific; 27,460 Northern Pacific, preferred; 13755 Rock Island; 5S,335 St. Paul; 51 45O Union Pacific; 17,225 Tobacco; 37, ,22O Peoples Gas; SS,3S7 Sugar.
 Money on call firm at 1A&2h per cent; last loan, per cent.
 Prime mercantile paper, 314Q4A per cent. Sterling exchange weaker, with actual business in bankers bills at $4.S514.S51s for demand and $4.S3A@4S3h for sixty days.
 Posted rates, s4.S4@4.S41s and S4.So
 Commercial bills, 4.82%.
 Silver certiica tes, 591aG61.
 Bar silver, GOA.
 Mexican dollars, 461a.
 Government bonds steady.
 State bonds dull.
 Railroad bonds firmer.