The age-herald., 1899-06-06
PROFESSIONALS
 WANTED TO GET IN Very Little Speculation in the
 Stock Market. LARGE RECEIPTS OF WHEAT Prices Much Better Maintained in Bonds But the Business Was Small-Total Sales Amount
 ed to $l,e9o,ooo
LARGE RECEIPTS OF WHEAT

New York, June 1.-The professional traders on the stock exchange to-day made industrious attempts all day to get into the current of speculation, but as a matter of fact there was almost no current to speak of, so old room traders found themselves drifting and in stagnant waters.
 They changed sides several times in the market and the net changes on the day are consequently unimportant outside of a few specialties though the average of prices is notably lower The opening showed declines under the influence of the heavy influx of selling orders. Sugar and other specialties were attacked and the bears also had on their side falling off in the east freight tonnage from Chicago, decrease in Rock Islands net earning for April and received strength in the wheat at interior points offset the fears of crop party to take up a group of iron and steel stocks on account of the extraordinary prosperity in that trade. served to check the decline. The large receipts of wheat ings reaped, and the general activity and damage and a series of good returns on current of various railroads also helped to strengthen the stocks of those proper ties.
 The local stocks showed a disposition to advance and it looked like the inaugura- ton of a bull movement when the break in sugar awakened uneasiness and the making of commitments on the long side put to a stop. There was nothing notable in the trading thereafter. The ex citement break in sugar was seven points and the rally on covering caused some hardening in the general list. The re- covery in sugar amounted to 3A, the net loss being 2A..
 National Steel, Pressed Street Car and Tennessee Coal held their advance rather better than the other steel stocks.
 There was a spread in the American Smelling stocks, the commission Weaken- ing sharply, while the preferred advanced over a point The plethoric condition Of the money market, the good railway earn lington, 19,9OO; Federal Steel, 400; Man the prosperous conditions in all general channels of trade are accepted as causing increasing values in the securities.
 But the sugar trade war and other pos abilities of a setback to the highly spec ulatiye stocks, as well as the manifest disposition to renew an unbridled specula- tion in the securities of the new and un- tried industrial commissions caused hesl- tation among capitalists.
 Prices were much better maintained Tn the bond market than in the stock market but business in that department was als" small. ooo ooo
 Total sales, par value, $1990,OoO. United States As, coupon, advanced 4, and the Ss and the new As IS in the Dlo price.
 The total sales of stocks today were were se2 .Oo7 shares including: American S oleei ee and Wire. S1 ,700 American Sugar. SS lUo' Brooklyn Rapid Transit, S,OOO; Cohsoll- dated Gas, S,500; Louisville and NashVllle, 360O: Norfolk and Western, S,IOO; PeoPies Gas. 9.2OO; Atchson preferred, S4oo; Bur haitian, $500; National Steel, 9.2eo; Iennes-
 w. c. Sanford, of Battle Creek Mlch'' see Coal and Iron, 7,S00.
 Ses Nonev @ on on call steady at 292lk per cent; last loan, per cent.
 Prime mercantile paper, 9iz@4 per cent
 Sterling exchange steady, With actual business in bankers bills at s4S114dlSS Tor demand, and at &.S5Q4.S5A for. sixty days o,oo Posted rates, $4.S613q4.S and S4.S9.
 Commercial bills, $4.S4a4@4.S5A.
 Silver certificates, 60AQ6O1a.
 Bar silver, 609s.
 Mexican dollars, 4SA.
 Government bonds strong.
 State bonds easy.
 Railroad bonds firm.