The age-herald., 1899-03-14
STOCK MARKET
 WORKED LOWER Tobacco Was a Feature With
 Rise of 6 Points. THE RATE FOR CALL MONEY Based Of and Closed Easy 2 1-2 to 3 Per Cent, But Market Was Weak
 No Abatement of Confident Tone in Bond Dealings.
THE RATE FOR CALL MONEY

New York, March 13.-The market gem erally worked fractionally lower today for the railway list, with the most activity in the specialties, which. on the whole, were well sustained.
 Tobacco was feature with rise of six points net. American Steel and Wire and the iron and steel shares generally were conspcuously strong in the forenoon, but later lost ground. American Steel and Wire preferred went up 2 points in antici- patton of dividend, which subsequently, developed, and the stock eased off on real izations. Metropolitan Street Railway showed alternate strength and weakness, while Third Avenue was decidedly feverish and they ended with a loss of 11s each.
 Talk of rate cutting among the local gas companies brought liquidation in Consoli- dated Gas. which ended with 0 loss of 8 points.
 Among the usually inactive stocks there was jump of points in Flint and Pere Marquette, while Great Northern preferred rose 61a. half of which it subsequently lost. Strength appeared among all the South western railways, and Southern Railroad preferred got up points, losing half of it. There was comparatively little doing S, wanna and the Reading seconds were ma- terially higher, while the rest were frae- tionally up.
 The general railway list was irregular, ani with the rest of the market, eased on the bidding up of call money to four per cent. in the last hour The rate for call money, however, eased off and closed 21A0 3 per cent, but the market closed weak. AdviceS from the interior reported a plethora of money in various sections, in come cases attributable to sums received for industrial concerns taken into the larger combinations Over million dol- lars in gold was received from California too late to figure in last weeks bank state ment. London's transactions were in small volume, purchases apparently slightly ex- ceeding sales.
 While the aggregate of today's bond trading was considerable below recent totals there was no abatement of the con- f1dent tone to operations, and some issues achieved record prices.
 Texas Pacific seconds were brisk in de- mand, rising to 54; but sagged later Total sales $1 ,S00, ,000
 United States old 4s and the 5s advanced A, and the 3s E in the bid price.
 The total sales of stocks today were 5S3,- 300 shares, including 1SS21 Atchison prefer red; S,563 Burlington; 3,235 Louisville and Nashville; TOTS Metropolitan; S0,320 Mis- souri Pacific; 3,650 Kansas and Texas pre- ferred; 1S,IO0 Reading HrSt preferred, 9,lSO Southern; 12, ,435 do preferred; HOO Southern Pacific; 7616 Union Pacific; 5,460 do prefer red; 74,7S American Steel and Wire; 1T, POO do preferred; 35,945 Tobacco; 35 2S0 Federal Steel; 28,445 do preferred; 21,6 ,6SO Brooklyn Transit; 34,515 Sugar; 4,600 Tennessee Coal and Iron.
 Money on call firmer at 21a@4 per cent, last loan at 21a.
 Prime mercantile paper. 3A44A per cent.
 Sterling exchange easier, with actual bus mess in bankers bills at s4.S5b@485% for demand and at $4.S31k94SS34 for sixty days.
 Posted rates s48n5G4S5. and $4S614ibi.S
 Commercial bills, s4.S214@4S3
 Silver certificates, nominally, 591Rd60la.
 Bar silver, 59A.
 Mexican dollars, 471s.
 Government bonds, strong.
 State bonds, inactive.
 Railroad bonds, strong.