The age-herald., 1900-09-15
BEARS CONTROLLED THE STOCK MARKET The Professional Traders Sold
 Prices Down. ATTACK WAS UNSUCCESSFUL Coalers Were the Heaviest Sufferers Due to the Anthracite Strike Money Hardened - Bonds
 Hard But Inactive
ATTACK WAS UNSUCCESSFUL

New York, Sept. H.-The stock market took on much more decided tone today Indications of liquidation gathered force, and in the late dealings the professional traders fell upon the market and offered prices down all around the room. They met with considerable success in bringing about the decline, and when they covered on a moderate scale the rallies were so feeble that they renewed the attack, making the close of tn market quite active and easy.
 The coalers were the most notable suffer- CTS, though not on the largest volume or selling in the list. New Jersey Central fell 2A points and Lackawanna and Reading first preferred lost over point each. But the weakness was quite general and well distributed throughout the list, railroads and industrils suffering alike. Sugar en- joyed a period of strength, but closed point below last night The steel stocks were generally heavy, and number ot them sold off point or over. The local traction group, Union Pacific preferred, Atchison preferred Missouri Pacific, South ern Pacific, Burlington, Louisville, Baltl- more and Ohio, Missouri, Kansas and Tex as preferred and orthern Pacific preferred were down from 1 to 1h points.
 Growing uneasiness over the efforts or the coal miners strike and fears of higher money rates combined to cause the reac- tion. Wall street has indulged in com fortable assumption that the dispute with the anthracite coal miners was to be set tied before the curtailment of production proceeds far, but today's news that min CTS whose supply of powder was exhausted were laying down their tools without buy, ing fresh supplies dispelled much oi the optimistic feeling
 The financial world seemed to awake gen. erally today to the realization that the cautious conservatism displayed by the worlds great banks was warranted py foreknowledge London discounts hardeneu sharply and stocks were sold in New fork for London account, the sternng e2cnanse rate recovering fraction.
 The official announcement Of the sup scription by New York bankers to the German treasury bond issue of S0,0o0,ooO marks ($20, ,000,000) emphasized the uneasl- ness over the effect of this demand upon tbe money market. The forecasts of the weekly bank statement show that the banks have lost to the sub-treasury since last Friday $1,118,O00.
 The bond market did not snare Tn the late activity of stocks and continued prac- tically dormant. Total saies' par ss'i"o' $S45,000.
 limited States ss advanced 4 and the 5s F per cent in the bid price
 New York, September 14-Money on call easy at 1A@11a per cent. Prime mercantile paper. 465X per cent. Sterling exchange steadier with actual business in bankers bills at s4 SG5s for demand, and at $4SSh for 60 days Posted rates, 4.S594 .S71aQ4.SS. Com mercial bills, s4S21k014S3 Silver certificates, 623t6D6Sa.. Bar silver, 62A. Mexican dollars, s4 S3%. Government bonds strong; State bonds inactive; railroad bonds irregular.
 fBy Private Wire to Murphy & Col