The age-herald., 1898-12-13
In wsll strse.

New York December 12-Stoeks made very material headway today in the present upward movement and left off buoyant with advances in standard stocks ranging from l to points, while this rise was ex- ceeded in many less prominent stocks, mo- tably Pullman, Third Avenue and Edison Illuminating. The transactions for the day in stocks and bonds were on an enormous scale, immense blocks of securities chang ing hands at rising figures. Early quota tions were in strong sympathy with London where there was scramble for stocks even after the closing there, for the new account, which opens tomorrow. Commis- sion houses were in receipt of many orders to buy at the market, and the volume of this offset frequent efforts to depress values. Reports of traffic earnings for the first week in December were almost uniformly favorable, as were several belated Novem- Der statements of gross earnings.
 An incident exerting favorable effect was the receipt of over $3, 100000 in gold from France and London.
 The immense demand for bonds today, which reached considerably over $SO 900, exerted favorable influence in stocks, as d.d tendancy to discount January divi- dend disbursements. Atchison preferred on, transactions of 15O,000 shares went up 3st. The heavy purchases made by brokers iden- titied with prominent interests in other properties. The drift of speculative activi- ty in Changers was interpreted favorably. High priced investment stocks, like the Grangers preferred, Great Northern, Pull man and Albany and Susquehanna, rose sharply. Excepting sugar, the Industrials tended upward. New York Central price crossed that of Pennsylvania. The Coalers on favorable trade outlook were conspicu. ous for advances. General Electric respond ed to reports of sales of it's product abroad. The Pacifcs were strong with the rest of the market, Northern Pacific overcoming the early heaviness due to the reports that the company, favored extensions in Oregon Navigation company's territory The mar ket for bonds was one of the strongest and most active of the year. having made ad- vaIices of point or more. A renewal of foreign buying on a large scale was notice-' able. Atchison issues expanded and great many other noteworthy gains were chron- icled in leading mortgages. Total sales, $SA60, 900.
 United States new As, the old fs coupon, and the 5's registered advanced E In the bid price.
 The total sales of stocks today were 1885, 400 shares, including 3,30O Atchison 5O2OO do preferred; 12,7S0 Chesapeake and Ohio; 9,SS0 Chicago, Burlington and Quincy; 7,5O0 Illi- nois Central; 22, 120 Louisville and Nashville; 43.220 Missouri Pacific; 30,620 Northern Pa clfic; 20,S2O do preferred; 21, 900 Tobacco; IT, 400 Peoples Gas, 10170; General Electric; 57620 Sugar.
 Money on call, steady, at 214@2ts per cent; last loan, 2A
 Prime mercantile paper, 3G4 per cent.
 Sterling exchange, easier, with actual business in bankers bills at $4S4A 9$4. .S41s for demand and at s4S11k@$4.S1A for sixty days.
 Posted rates, $4.S21a0D$4.S514.
 Commercial bills, $4.S0K
 Silver certificates, 591@6015
 Bar. silver, 59as.
 Mexican dollars, 46R.
 Government bonds strong.
 State bonds firmer.
 Railroad bonds strong.
 BONDS
 Ir..i4o A. dnofk.