The age-herald., 1899-09-06
MARKET NARROW
 AND APATHETIC Buoyancy of a Few Individual Stocks is Misleading. f TENNESSEE COAL MOVES UP ss The Greatest Activity of the Whole Day Was in These Securities Bonds
 Are Quiet With Some
 Slight Gains
9 TENNESSEE COAL MOVES UP

New York, September 5.-The buoyancy of handful of individual stocks gave an appearance of considerable strength and activity to the stock market. but outside of these few stocks the market was narrow and apathetic to the last degree. Shortly after the opening Northwestern was mark eded up sharply and the usual response was made in other numbers of the Wander blt group Union Pacific also following the lead
 As was the case last week, the heavy offerings of Union Pacific brought on the advance, checked the enthusiasm of the buying and operations in that particular group were for the most part discontinued. Northw sstern's extreme rise was 45s, the preferred points above the previous sale; Omaha 2. New York Central and Union Pacific over a point. New York, Chicago and St. Louis stocks advanced from 115 to A points a rumor that judicial aid was to be sought to enforce asserted rights to dividends. The Coalers were in good de- mand Lackawanna leading at rise of 31s. Gains in this group were not main- tained entirely.
 Other railroad stocks which rose point or over were St. Paul preferred. Colorado Midland preferred Wheeling and Lake Erie second preferred Hooking Valley and Chicago Great Western preferred A and B stocks. Transactions elsewhere in the rail- road list were quite insignificant. There Was slight response in the early dealings to the depression in the London market.
 The bulk of trading was in the more &C., tive group of Tennessee, which was the most conspicuous in the days market. Af- ter dropping a fraction it was progressively lifted bV successive sta of q DniOts and closed a 10S. the top price. Colorado Fuel apparently sympathiZed with this moye- ment and rose an extreme 5as There was good demand for Republic Steel at an ad- vance of 219. and Federal Steel rose a point, Otherwise the iron and steel stocks showed but a slight response. The New York municipal stocks, including both the gas and traction stocks. were quite buoy ant. and show gains of from 2 to 5 points Metropolitan. Street Railway and American Tobacco rose an extreme points and Sugar 15ss Chicago Terminal Transfer preferred gained g.
 Rates for call loans were firm at per cent over and the first deposits of money at the sub-treasury for shipment to the south amounting to S100.000 was made this morning. The decline in the item of due to other banks" in the statement of New York national banks Is cited to explain in part the recent drain on. the deposits of Nex York banks.
 The announcement last week or the With drawal of a prominent trust company from the clearing house privileges with it's decision to discontinue the practice of charging for the collection of outside checks has brought the subject prominent ly into notice. One effect evidently will be to shift part of the demand for money to move the crops from New York to other cities. which have increased their deposit account by the deposits of eastern and southern banks.
 The bond market was quiet and improved with some gains mixed. Total sales s1,- 455. .000 United States bonds were un- changed in bid quotations
 New York, September 5.-Morev on call 3d5 per cent; last loan g. Prime mer- cantie paper 4A65 per cent sterling ex- change firm with actual business in bankers bills 4S6h@4s6l5 for demand and 4.s3Ad4 S315 for sixty days; posted rates ASA and 4.S7t9. Commercial bills 4.S3. Sil- yer certificates 59s4 to sixty; bar silver 49 7-16 Mexican dollars 471a.
 Government bonds steady; state bonds