The age-herald., 1899-02-09
STOCK PRICES
 CLOSED STRONG
Though Weakness Prevailed
 Throughout Forenoon.
MANY STOP LOSS ORDERS
Were Bought on the Decline, and a General Level Was Reached Be- low Tuesday Prices Market
 Quickly Rallied, However,

New York, February S.-Stock prices closed strong, with most stocks ruling above yesterdays closing, although for the greater part of the forenoon session ex- treme weakness prevailed in practically the entire list, partly the. result of the im- petus of yesterdays decline. London bought and sold alternately, and on bal ance sold about 10000 shares, the carrying rates there indicating a fair supply of stocks.
 Practically all the local commission houses had realizing orders at the opening, a large part of which sales were apparent Iy due to exhausted margins. Many stop loss orders were caught on the decline and a general level was reached of a point and over in the railways and in some of the specialties of from 2 to points below yes- terday.
 There was a drop of about points in Great Northern preferred, Pittsburg, c. C. & St. L., and National Biscuit, while Sugar and American Steel went down points each. Monetary conditions remain easier and there was no important news except Aguinaldo's request for suspension of hostiiities, to which was attributed some improvement in American stocks in the London market.
 It was said that one prominent trader had sold 30000 shares of a leading stock which it was understood would be absorbed by brokers, who usually represent very substantial interest Several large bull houses were buyers on the decline of stocks with which they are frequently identified These purchases being noticed caused some talk of traders, and by noon the market started to rally and the movement gained considerable headway as the day pro- gressed in practically every stock that suf- fered the decline.
 Chicago, Indianapolis & St. Louis pre- ferred was aggressively strong throughout the day and sold up 31s in expectation of early dividend. To the same influence was attributed a point rise in Reading 1St preferred. Lake Erie & Western pre- ferred was constantly supported and moved up points on favorable gossip. National Biscuit, which had broken 4 points carly became buoyant toward the end and jumped points to 55. Other stocks in which very material rallies occurred late in the day were Great Northern preferred and Canadian Southern, among the railways, the local traction and gas stocks, Tennes- See Coal, and Rubber, Tobacco, Sugar and American Steel.
 The bond market received fair measure of attention from the bears early in the trading, but subsequently developed an improved tone under the leadership of Wis toHSlH CeHlfdl ana sot. Louis South western seconds which rose strongly. To- tai sales $4,5OO000. United States As regis- tered advanced A, but do. coupon declined S and the 5's A in the bid price,
 Total sales of stocks today were SIS, 100 shares, including 19,550 Atchison 54,620 do. 15,4OO Manhattan, 23,900 Reading preferred, 2O,l0O New York Central, 19,020 Rock Island, f9,S20 St. Paul. 5,O2O Southern, 1O,Oi0 do. preferred, 44,O2O Sugar. 234OO Tennessee Coal and Iron
 Money on call rather easier at 2Am21b. last loan, 2A per cent. Prime mercantile paper, 2AqSA per cent. Sterling exchange steady with actual businesss in bankers olils at $4soAq4.S51a for demand and $4.S3A Q4.S31a for 50 days; posted rates, $4S4@ 4.Slk and $4S6@4S61k; commercial bills. $4S212q4SS. Silver certificates 591sd6O1bc; bar silver, 593sc; Mexican dollars. 475Ec: government bonds irregular; state bonds inactive; railroad bonds irregular.
 By Private Wire to Paine, Murphy & Co.