The age-herald., 1899-09-21
MUCH PUNCTUATION
 IN STOCK MARKET Bears Broke Down Gains With
 Little Apparent Effort. MONEY ABOUT THE SAME
Bonds Weakened in Sympathy But the Movement Was Not Wide-Total Sales at Par Value Amount
 ed to $1,512,Goo

New York, September 2O-This was a day of violent fluctuations and great specula- tive excitement upon the stock exchange The movement of prices was so feverish and uncertain that the disposition among professional operators was generally to close up accounts for the day.
 As a consequence net changes are aston ishingly small, considering the wide vibra- tion during the day In only few in- stances do they exceed fractions, and though the majority of stocks are lower there is a fair sprinkling of gains.
 The railroad stocks did not move very widely as a rue but an extreme range be- tween 17s and 4% was traversed by St. Paul, Rock Island, Burlington, Northwest ern Great Western, preferred, "A Chi cago and Eastern Illinois, St. Paul and Du- luth, Great Northern, preferred, Reading frsts preferred, and Lackawana. The in- dex of the market all day was Brooklyn Transit the dealings of which were on an enormous scale. With a capitalization Of 4SOO0O shares today's dealings in this stock footed up 2s5,175 shares. It advanced 2a. after the opening, fell 714 to a new low level at 751a. and then retraced it's course, rising points to S3la and closing at the high level of the morning.
 The whole market followed in its wake in q general way though its eratc huctua- tions were impossible to follow at all times. The market was a gigantic speculative con test throughout. The bears broke down the gain which had been built up in the morn- ing with apparently libtle effort and dis lodged some very high offerings on the de- cline from the holders who had Valnly hoped that the fall In prices had come to
 1ar commission houses and the flood of indus trials poured upon the market was said 10 be due to the calling of some loans in which these stocks figured as collaterals and had to be sold to liquidate United States Mill irg which sold yesterday at 56, sold today at 24 after first selling at 25, an extreme decline of 32 points The preferred stock after selling yesterday at 70, sold today at 50 a decline of 2 points. The closing prices for these stocks were for common ed25 and for the preferred 40do0.
 There was no important development to- day in the money situation. The rise in New York exchange at Chicago and the advance in call loans at some other eastern cities indicates that the western calls for money had been shifted to some extent from New York to the eastern cities. Con- siderable sums of money are reported to have been loaned in New York during the week. The outgo, however, still continues, both to the interior and to the sub-treasury. Foreign exchange was somewhat easier more notably so on Paris and Berlin than on London.
 Bonds weakened in sympathy with stocks but the movement was not wide. Total values par value, $1,512,000. United States bonds were unchanged in bid quotations.
 New York, September 20.-Money on call firm. 647A per cent, last loan per cent.
 Prime mercantile paper 4$iG51s per cent.
 Sterling exchange easier with actual business in bankers bills at 4S5la@4S5A for demand and 4.S2M4s2A for sixty days.
 Posted rates 4.S3Q4S34, and 4.S6A@4SZ
 Commercial bills ASIA.
 Silver certificates 59q59A.
 Bar silver 5S 1916.
 Mexican dollars 471a.
 Government bonds steady.
 State bonds inactive.
 Railroad bonds easier.
 (By Private Wire to Talbott X Palmer)