The age-herald., 1900-01-27
STOCK MARKET
 NOT INFLUENCED News from South Africa Had No
 Effect Whatever. SOME SHARP DECLINES
SOME SHARP
The Weakness of the London Market Was No Occasion for Selling in New York-Some Dispo-
 sition to Buy

New York, January 26.-The. record of the day on the stock exchange was a repetition of yesterday. though prices went down instead of up, as was the case yes- terday The retirement of the British from Spion kop had as little influence as has the previous days news of the success there. Opening prices showed sharp de- elines, international stocks being quoted at about the London parity. The weakness in London induced no selling here. how ever, and the local traders were disposed to buy the stock offered for London count in the same way that they sold yes- terday to meet the London demand.
 No attempt was apparent to bid up prices, as the local dealers seemed con- tent to take the offerings at the London level of prices. The sales for London &C., count were estimated at something over POO, 900, very evenly distributed among the various international stocks.
 This constituted the bulk of the days business in railroad stocks and prices in that department never got far from the opening level. Most of the greater portion of business of the day was in the specula- tive industrials and specialties. These were weak from the start. The weakness in Sugar was attributed to operations by a specula tive clique. Metropolitan made a momentary show of firmness belief in a hitch in the closing of the contract for the Rapid Transit Tunnel. The Rubber stocks which have not been active recent ly were forced down and 3 points respec- lively, but recovered points each On the curb new Amsterdam Gas was rather active and strong and Standard Oil ad- vanced to a new high level
 Returns by the leading banks of the cur ant fos~f fha nly ind hot the net receipts for the interior by ex- press have been but slightly less than last week, but the gains sub-treasury oper- ations were little more than half of those of last week, owing to the diminished pen sion disbursement and continued heavy revenue receipts. The total gains in cash for the banks Is estimated at near $7,000,000. It is evident that stock exchange opera tions have made no demands on the loan receipts of the banks. But the placing of time loans and buying of mercantile pa- per may have further expanded loan &C., counts. The sale of New York city bonds during the week may also be reflected in the loan account.
 The bond market made further progress towards dullness and the tone was rather easier. Total sales. par value, $1,505, 600. United States old Is and the 5s coupon ad- vanced A in the bid price. '@-
 New York, January ,26.-AIomey on call easier at 2q3 per cent; last loan at 2 per cent.
 Prime mercantile paper, 4h@51a per cent.
 Sterling exchange firm, with actual busi- ness in bankers bills at $4.S7A@4.S71s for demand and $4.S4A@4Sfh for sixty days.
 Posted rates, $4S5 and $4.SS.
 Commercial bills, $4SsAa4.S3A.
 Silver certificates, 591z6l60h.
 Bar silver, 594s.
 Mexican dollars, 4711.
 Government bonds strong.
 State bonds inactive
 z Railroad bonds easier.
 (By Private Wire to Talbott & Palmer.)