The age-herald., 1899-08-29
INTEREST SHIFTED
 IN STOCK MARKET Industrial SpeciaItieS Marked Up in Feverish Manner, CALL MONEY WAS STIFF Only Railways to Show Marked De- mand Were Southern and Kansas
 & Texas-Total Sales of
 Bonds $2,42o,ooo
CALL MONEY WAS STIFF

New York, August 26.-There was a marked falling off of interest in railroad stocks today compared with that prevail ing last week. Interest shifted into the in dustrial specia1ties and a number of these were marked up in a feverish and irregu- lar manner. The general list was main tained with difficulty and a slight furry in call money in the last hour carried prices with the few exceptional cases of streng h, below last nights level In the final hard ening movement on covering a number of short speciaities and few obscure railroad stocks rose anew to the top level. This made the closing firm in tone but the ma jority of standard stocks show net losses. An influential factor in the hesitating tone of speculation was the renewed anxiety over the money market outlook, caused by Saturdays bank statement.
 Call money was quite stiffly held at per cent. all day and was marked above that in the last hour But the fact remains that the present low stage of surplus reserves of New York clearing house banks keeps the financial world keenly observant and in a somewhat uneasy frame Of mind. Pro- fessions of confidence that the west is an- ply provided with funds to finance the coming crop movement without clearing on
  of conditions of local banks. The buying for London account which has served to sustain some stocks recently was missed. There were upward movements of impor- tance today in the Tobacco stocks Man hattan, Metropolitan Street railway, sugar and some of the iron and steel stocks, the latter under the influence of a declaration of the dividend on the Republic Steel of 1A per cent called quarterly. American Express jumped ten points over Saturdays prices On the other hand, there was weakness in International Paper, Colorado Fuel, Brooklyn Transit, TenneS- see Coal and few other specialues.
 In the railway list the only stocks to show any marked demand was Southern railway preferred and Kansas and Texas preferred. The Chicago Great Western is- sues showed wide changes but were rather feverish at the advance. There were be- sides noteworthy gains in Mobile and Ohio, Hooking Valley preferred, Omaha, North western New York, Chicago and St. Louis second preferred, Evansville and Terre Haute preferred, Wisconsin Central pre- ferred, Minneapolis. St. Paul and Sault Ste. Marie and Iowa Central preferred. There were notable gains in group Of high priced stocks, including Lackawanna, St- Paul preferred, Northwest preferred, Weiis Fargo and Pullman. New Haven and Omaha preferred were bid up without sales, the latter ten points.
 kanSaS ana IeAdS SeSoit"S eiS oHe ''-o on the day. Otherwise there was no ho9a- ble feature in the bond market Total sales mar value $2,42Q00O. United States new As advanced hc in the bid price.
 New York, August 2S.-Money on call steady at 2%D4 per cent; last loan at per cent.
 Prime mercantile paper, 4A95 per cent.
 Sterling exchange steady with actual business in bankers bill at $4.S61sQ4.S6A for demand, and at $4.S3A@ A@4-s3ts for sixty days.
 Posted rates. $4.S4@4.S71a
 Commercial bills, $4S215.
 Silver certificates, 60Q60k.
 Bar silver 59 9-16c.
 Mexican dollars, 4Sc.
 Government bonds firm.
 State bonds active.
 Railroad bonds strong.
 By Private Wire to Taibott Palmer.