The age-herald., 1899-07-22
FIRM TONE IN
 STOCK MARKET Though Prices Were Dull for the
 General List, CHANGERS IN GOOD DEMAND Money Conditions Apparently Easier in London-Bonds Slightly Higher, With Total Sales at Par
 Value $1,eoo,ooo
CHANGERS IN GOOD DEMAND

New York, July 21.-The stock market was dull today for the general list, but there was a firm tone and final prices were higher than those of last night. The srarg- CTS were especially in good demand and ruled for the greater part of the day at about a point oyer yesterday. Burlington and Rock Island showed special strength and there was evidence of manipulation in those two stocks Much talk was heard of Burllngton's large earnings for June, and rumors were a1oat of an incoming increase in Rock Island dividend rate, which was without official sanction. London was de- clded factor in the days prices and buying for that account in New York was esti- mated as nigh as 2O,OOO shares, principally of the Louisville and Nashville.
 Money conditions were apparently much easier in London and the sterling exchange rate here worked lower in sympathy, in spite of lower tendency of lower money rates. All apprehension of shipments of gold tomorrow was dssipated early in the day with beneficial effect on speculative sentiment. The influences from abroad were all favorable except a fall in French rentes and decline in the sterling ex- change rate in Paris, which suggested in- creased money needs at that center. Con- sidering the dullness of local stock mar ket, the scope of the dealings was remark ably broad, a large number of usually in- active stocks coming into activity and reg istering sharp gains. Among these were Anne. ican Tobacco, Colorado and Southern first preferred, Mobile and Ohio Twin City Rapid Transit, National Biscuit, and Des- Mo1ne and Fort Dodge, Pittsburg c. c. x St. L., General Electric, Continental To- bacco preferred, Colorado Fuel, the smell ters stock, Illinois Central preferred, Chi ca9o Great Western preferred A." and American Hoop preferred, which rose be- tween l to points each. American Lin- seed Oil preferred gained 51S. Not all of these gains were held, the market dropping away somewhat in the intense dullness of the late trading. The local traction stocks were all in pretty fine demand, Brooklyn Transit rising 1A and closing up 1ss. Sugar was heavy throughout the day on rumors of new developments in the opposition.
 Some hesitation was caused in the late dealings by doubts as to the character of tomorroW's bank statement, the changes in the cash item being problematical Prices were marked up in some cases just before the close, giving steady tone to the final transactions.
 Bonds were dull but slightly higher, To- tai sales par value, $1,600 O0O
 United States 3s registered and the new As registered declined M, while the old 4s registered advanced IS in the bid price.
 Money on call steady, 814614 per cent; last loan S12
 Prime mercantile paper 31s@4is.
 Sterling exchange, easier with actual business in bankers bills at $4S73sd$4 S7la for demand and $4S4Ad$4S43a for sixty days.
 Posted rates. $4S5G$4.S6 and $lSSG$lSSh.
 Commercial bills, S4S31b.
 Silver certificates, 60n61.
 Bar silver, 603s.
 Mexican dollars, 4S.
 Government bonds irregular
 State bonds inactive.
 Railroad bonds firm.