The times. [volume] (Richmond, Va.) 1890-1903, 1899-03-31
CALL MONEY AT
VERY HIGH RATES.
Twelve Per Cent. Was Charged for
Some Loans, Close 5 ~,
STOCKS GENERALLY LOWER.
Che Movement in Prices Was Very Ir-
regular business in Bonds Also
Fell on Considerably in Sympa-
thy With Stocks

NBW YORK. March 3o-The move
fnent lu stock prices to-day was very
irregular with uct changes mixed, nut
with losses slightly prevailing Three
stoCks-Nodcru steel, brooklyn Rapid
Transit auu Maulaitau-ueurtd FOR near
Is half the total sales on the exchange,
which were not much below million
1roars of trouble over the Samoan situa-
ton gave generally easier tone 90 the
oarly market. which sAuseV ucuNy AIDE
vanCCd under the leadership or the
flower stocks and Manhattan and SuS ir,
but later casfl or again Ou the very hleu
charged before the close for call loans.
The banks early lu the day ADVANCED the
call rate 90 o. per cent. Many brokers
and traders had made early provision Tor
loans. which carried them over until
Monday ON the stock Exchange the rate
advanced Co ~. and the last loan Was
Elected I'm the variable and nervous move
mcnts BOO many stocks. Washington aQ-
vices that the samoan complications
were not serious. together with the cnni-
dent manipulation ol some oI 'nt sptc.ti-
Ties. We're cDlucidcut with some of lne
highest prices for the day FOR these
stocks. Federal Steel. on the ldrge
dealings of amy one stock advanced ff..
closing no the highest The preferred
rose p, Brooklyn Transit which had
been very strong and active ait The week,
Temaiuot practically unchanged although
at one time % was points higher. feo-
moved similarly bUt on less wide huctua-
tioue. likewise closing about unchanged.
There was mo- news attending the move
mcnta lu these properties. hut "a clieuin-
stance that attracted much attention was
the gradual drop of the railroad stocks,
which were effected by tho stringent
monetary situation. and IN q measure
Were also Influenced by The divergence of
active operations into tho specialties.
TWmOrs OF "a possible cooperative di-
raugoment between Manhattan ana
Metropolitan rose, The former H ana
METROPOLITAN 1at Third-ANenue, too, rose
uauy's interest was not suffering as much
az anticipated bv impending legislation.
Sugar retained p points Of the 6-point
rise colucideut with the advance DO the
refined article Continental Tobacco
made fractional advance after large
recession iu the early trading. Ihe mar
ket closed with a heavy undcrtone.
BUSINESS In bonds fell of considerably
to-day. and some weak spots dropped
out. The main tendency OF price, now
ever. WAS toward higher plane. win
the Atch.sons and ST. Louis and SOUTH
western issues in good demand Iotdi
sales $4,000 Government bonds are
unchanged iu the bid price.
Tho total sales of stocks We're v344
ferred. s401 Chicago. Burlington and
Quincy: IDS $50 Manhattan. 5.Ol5 Metro
politau street railway, cN-divideudt H.
740 Reading first preferred; Io"S. NeW
York Central. 900 Northern Pacific;
E795 Northwest Terminal, G750 Ontario
and Western. 023S Rock Island ll2ij
Mon Pacific. 1860 do. preferred, lb6>o
ST Paul: 1850 American steel and Wire;
e g-n do preferred: $500 American Toe
bacco. oO3 1GD Federal steel. 1900 do.
preferred. 1855 Peoples Gas; ia $40
brooklyn Transit. 3t.1IO C0uuncntai Zoe
hacco. $3.50 Sugar. 1850 tennessee
Coal and Iron. 1850 Chicago Great
Western.
MONEY AND FXCHANGE.-Monc on
cali at 5t.012 per cent. last loan al ~
NOR cent prime mercantile paper. 81 fU
az per cent. Sterling exchange steady.
with actual business in bankers bills 40
81 sGt,14 NTt for demand ana an 81 e4ia
D4Sff. for sixty days. posted rates,
81 80. "a e5fs and 81 Sjie04s7l4. CONNER
r.al hine. S4S31.n4 So Silver certificates,
GD1Gl. bar silver -@153+s, Mexican dol
..raIr me