The age-herald., 1899-03-21
STOCK MARKET
 CLOSED WEAK After a Sensational Movement
 in Sugar and TRANSPORTATION SHARES Extraordinary Antics of Sugar Had Wide Influence in Other Directions Bond Prices Were Raised
 During the Day.
TRANSPORTATION s

New York, March 20-The stock mar ket, after sensational movement in Sugar and the local transportation shares, closed weak with mixed net changes. Interest centered largely in Sugar, in which the transactions were over 191, 900. with a total of about 9OOO00 shares.
 Sugar opened with an advance of about points, ran off 31a, and then touched 1S2, with subsequent plunge of IS points, clos ing with net loss of about points. The extraordinary movement of this stock had a wide influence in other directions. Brook lyn Transit was lifted over points, and then lost much of the gain. Pronounced strength appeared in the Vanderbilts, Union Pacific, Northwestern, the Coalers and Chicago Terminal preferred, while some of the internationals made show of strength in the early dealing in sympa- thy with the higher rate in London. The Tobacco stocks were extremely feverish.
 American Tobacco broke 615; rallied 9, and left off with loss of g. Continental Tobacco slumped 14a4 and was off points at the close. The liquidation In these stocks attributable to the reported formation of a new opposition tobacco company. Manhattan retained the great CT part of a 1 point rise. There a dis position of the professional element to let commission house purchasers have stock, and subsequently,, while Sugar was tumb- ling and call money reached g per cent, prices were freely offered down. Standard stocks, while easing with the recent mar ket, decreased in an orderly manner, and the reaction in those securities from the best did not exceed 2 points, except in such cases.
 Money on call towards the last eased with the last loan at per cent, and offered at O L..A RAtI11 spond to the changed conditions, due to the supply of money offered, and the reaction was unchecked to the end. The strength in Brooklyn Transit was coincident with published interview with the president of the Brooklyn Elevated railroad to the ef- feet that exchange of a majority of the Brooklyn elevated stock for Brooklyn Transit stock had been arranged. The ad- vance in Union Pacifics and New York cen tral was timed with the announcement of the return of the leading interest in Van derbilt stocks and gave rise to renewal of rumors that Union Pacific might be ab- sorbed by the New York Central. The opinion expressed, because of the action of the market, that the rise in London, which was purchaser at the opening only, was manipulated from this side to facilitate the liquidation which was evident in the mar ket.
 Bond prices today were raised general ly, considerable activity developing in the St. Louis Southwestern issues; Texas Pa cifc seconds and Wisconsin Central firsts. Total sales s, ,430000.
 United States 3's and the new As advanc- ed 4, and the old As b in the bid price.
 Total sales stocks today, 9OS 400 shares, in- cluding, Atchison preferred 23220; Bur- nngton, 51,975; Manhattan, 33220; New York Central, 20 ,451; Rock Island, 3S90; St. Paul, 124f1; Southern Pacific, 9,SS5; Texas Pacific, 7,550; Sugar, 191 ,631; Tennessee Coal and Iron, 29,740
 Money on call strong at 4d5 per cent; last loan at per cent.
 Prime mercantile paper, 3AM4A.
 Sterling exchange steady, with actual Q business in bankers bills al $.85A@4. .85R for demand, and at S4.S314 @I4. .83a for sixty days.
 Posted rates, s4.S4G4 S41k and s4.S694.S61
 Commercial bills, s4.S214.
 Silver certificates nominally 60d60h.
 Bar silver, 59%
 Mexican dollars, 47%.
 Government bonds strong.
 State bonds inactive.
 Railroad bonds strong.