The age-herald., 1899-01-22
T,a Wai1 stree

New York January 20.-A rush of belated investments today brought the total trans actions to over million and a quarter shares the largest of the present movement and next to the largest in the history of the exchange. The prices attained today were generally the highest in weeks, and the net gains were material in many shares, and fractional advances for the rest of the list. The London market was firm, and the public absorption of securities was large and confident in the local market. There was a period of realizing before noon, and short selling as well as realizing after de- livery hour, but prices picked up rapidly in the final dealings and the market ended very good in tone. The buying of commits sion houses was liberal and extended to great variety of shares. New York Central made an extreme rise of 57s, and gossip was revived of a closer deal with allied roads. Manhattan rose 55s and Metropolitan 35s, the possibility being discussed of these roads working harmoniousy. Manhattan, however, lost 2A of it's earlier advantage. There were some substantial advances in American Steel and Wire, International pa- per, New York Air Brake, Sugar, Leather and Consolidated Gas. It was announced that Consolidated Gas has disposed of a large block of treasury stock, which had been hanging over the market. The Changers were up from fractionally to over a point with St. Paul leading the group. Missouri Pacific displayed considerable strength after a long period of comparative inactivity on the idea that the annual re- port, which will be published before long, may be favorable
 An essential factor in sustaining prices was the calculation that the banks for the week will have gained $10, 2O9, 900 in cash ex- cepting receipts by mail, which figures were unobtainable. The banks gained s2230,0 900 by express remittances and s6 ,S27. 900 by suh- treasury operations. Moreover $1.150,ooO gold imports will figure in tomorrow's bank statement.
 The bond market developed exceptional activity, transactions footing up s9,365, ,OO0. The course of prices was notably upward throughout, especial features of strength being Atchison adjustments, Erie generals and Manhattan consols. Many other less active issues registered material improve ments, Kansas and Texas 5s jumping 8 points. United States 5s coupons advanced h in the bid price.
 Total sales stocks today were 1,250000 shares, including 52,23O Atchison; 100,220 Atchison preferred; 12,37O Canada Southern; 1850 Burlington; 1s,90O Big Four; 1O,S46 H. linois Central; 27,000 Louisville and Nash vile; 110,500 Manhattan; Il S20 Metropolitan; 19,61O Reading; 55,5OO Missouri Pacific; 4S.- 200 New York Central; 25,OO0 Northern Pa cifie; 170o0 Northern Pacific preferred; 20- 320 Rock Island 29,S00 Union Pacific; 37,SO0 St. Paul; 11,350 Southern Pacific; HOO Southern 11,6O0 Southern preferred; 51, 200 Union Pacific preferred 16,455 Paper; 19,6S0 Tobacco; 259 300 Steel 45,OOO Brooklyn Rapid Transit; 13,300 Lead; 10SO0 Pacific Mail; co., 900 Sugar; 13.550 Tennessee Coal and Iron; S,750 Leather; 7,530 Leather preferred; 15- 900 Western Union; 15725 Chicago Great Western.
 Money on call firmer at 2h@3 per cent.
 Prime mercantile paper, 2A@3A per cent.
 Sterling exchange steady with actual bus- fness in bankers bills at $4.S4a4@4.S5 for de- mand and at 4.S2a4@4S3 for sixty days.
 Posted rates, $4.S31k and as5lA.
 Commercial bills, s4.S12@4Sa
 Silver certificates, 59hq60l:
 Bar silver, 599sc.
 Mexican dollars, 471sc.
 Government bonds firmer.
 State bonds inactive.
 Railroad bonds strong.