The age-herald., 1899-01-17


 New York January 16.-Wall street.-The week opened with transactions again reach ing the million share mark, resulting in irregular net changes, losses prevailing London, 1t was estimated sold altogether 75,000 shares here, nearly one-haf of that amount in quarter of an hour. There was no news market-wise of any import ance Standard stocks were in heavy de- mand in the forenoon, all the grangerS making new records for high prices. The evidence of support to special stocks was followed by bursts of strength elsewhere after a period of hesitancy in ihe early dealing. There was a rise in federal steel on the continued good demand for iron pro- ducts, but the advantage gained was not fully recogn zed. Among other specialties which renewed interest was displayed were Metropolitan Consolidated Gas, Leather preferred and American Steel, while Air Brake made a substantial advance of i7 points. The Pacific stocks were weak all day. The heavy London selling was Of assistance to many board room traders in bringing about a reaction In the final deal ings although earlier in the day when prices were offered down there was an in crease of buying instead of selling orders brought into the market It was in the last half hour that practically all of the earlier gains in the market were lost and III a numDer or SndTeS lilt pIiCco- WciO Seti ried sharply below Saturdays close, es- pec'ally Union Pacific, Northern Pacific. Louisville Manhatton, Southern preferred, Omaha and Kansas and Texas preferred. Previously the market had been rather quiet on declines, but the greatest activity today was towards the close when prices ran off Among the coalers Reading first and second preferred suffered about a point. Heavy liouidation in Lake Erie and Vest ern preferred dropped the price of that stock points. The bond market ma IT, tained a very good tone during the greater part of the day, but suffered somewhat in common with the stock speculation in the late selling Total sales $4.S75,00o. United States new As registered advanced ss and the 3s and As registered and the 5s coupon Ii in the bid price.
 Total sales stocks today were 1,020,i00 shares, including 22925 Atchison; 51,s20 Atch's son preferred; 12,265 Central Pacific; e.525 Chesapeake and Ohie; 45,72O Burling ton; 1422O Chicago and Rock Island; 3,60O Illinois Central; 1S120 Louisville and Nash vile; 22 900 Manhattan II, 320 Metropolitan: 13. 270 Reading preferred; 5000 Kansas and Texas preferred; 17,220 Northern Pacific; 1OS20 Northern Pacific preferred; 40,00O Rock Island: 27,82O Union Pacific; 44,S2O St. Paul: 17,37O Southern Pacific; 65,5OO South ern Railway 23,2O0 Southern preferred; H. 22O Union Pacific preferred; 10150 CoftoQ Oil: 33S5 American Tobacco; 1O,2O0 Steel; 10, 300 Steel preferred; 15,92O Peoples Gas; 8, ,52O Brooklyn Transit; 2S.60O Sugar; 32,50o Tennessee Iron and Coal; 19.520 Leather pre- ferred; $500 Chicago Great Western.
 Money on call steader at 21z@3 per cent; last loan 2k per cent.
 Prime mercantile paper, 3d3h per cent.
 Sterling exchange steady, with actual busir ss in bankers bills at s.s4a4Gi4.S5 for demand and at $4.S214@4.s21a for sixty days.
 Posted rates, s4.S311 and A.S5lA.
 Commercial bills, $4.S1@4s1A.
 Silver certificates, 5912@60i3c.
 Bar silver 59asc.
 Mexican dollars, 47Ac.
 Government bonds strong.
 State bonds inactive.
 Railroad bonds firm.