The age-herald., 1900-10-03
LITTLE SUPPORT TO THE STOCK MARKET Movement to Advance Prices
 Was Not in Evidence. TONE WAS DECIDEDLY HEAVY Selling Pressure Was Not Formidable At Any Time During the Day, But the Market Lagged on
 General Dullness
TONE WAS DECIDEDLY HEAVY

New York, October 2.-The professional! movement to advance prices which was the conspicuous feature of yesterdays stock market was not in evidence today. The promoters of the movement desisted from buying stock on large scale, and during the latter part of the day they refrained all together from supporting the market. There was no formidable selling pressure at any time during the day, and the decline at the last was on very slight dealings, but the market proved so soft at the close that a number of prominent stocks showed net losses of some to IA, with the tone decid- edly heavy. The extreme dullness of the whole market at the decline seemed to flavor the bull party, so that their change of policy was the more difficult of explain ation.
 terday to help the advance continued in force for the most part today. Possibly the unfavorabe aspect of the proposed coal strike settlement had assumed rather more positive phase today, and Lackawan- na and New Jersey Central scored sharp de- olines, though the number of shares trans ferred was so small as to deprive the changes of all significance. The only inci- dent of the day which resembled aggressive action by the bulls was the marking up of railroads controlled by the Vanderbits.
 The rate. for call money held at yester- days high rate and perhaps disappointed some expectation that the rate therefore was due to passing causes, including pay ment due amounting to over S6,0O0,O00 on subscriptions to Baltimore Ohio stock, which was underwritten at 80. The payment of government interest at the sub treasury brought some supply money to the market. Sterling exchange also continued its conspicuous downward course, and the posted rates were reduced another Ac, fol- lowing yesterdays reduction. The equanim- ity of the foreign money markets in face of threatening approach of exchange to the gold import point Is no adequate explana- tion, but foreign bankers adhere to the view that gold will not come in spite of to- days further decline in discounts both in London and Berlin.
 Some reactionary tendency is natural in the BerMn market after the very strain of last weeks stock market settlement, which Is reflected In some convulsive changes in the various items of the Imperial Bank Of the German statement.
 All these items are highly significant of the enormous demands made upon the re- sources of the Berlin money market and the proportions of the crisis through which 1t has passed during the last week. There were some marked advances in prices of bonds, but the market was not active or very broad. Total sales, par value. $925,---.
 United States bonds were unchanged in the bid price.
 New York, October 2.-Money on call 20 2k per cent; prime mercantile paper 54 51s per cent. Sterling exchange weak, with actual business in bankers bills at $4S51s for demand, and at $i S5A@4 S5as for sixty days; posted rates s4 4S2h and $4.S61s; com mercial bills s4. S01s@4.S1.
 Silver certificates 63A@65c; bar silver 63Rc; Mexican dollars soc.
 Government bonds steady; state bonds inactive; railroad bands strong.
 (BY Private Wire to MurphY 6 Col