Evening star. [volume] (Washington, D.C.) 1854-1972, 1894-01-27
FINANCE AND TRADE.
Prices of Stocks Almost at the Stse.
nation Point.
new ENGLANDS ACTIVITY GREATEST
Wall Street Waiting on News From
Washington.
GENERAL MARKET REPORTS.
'peciai Dispatch to The Evening Star.

Special Dispatch to The Evening Star
NEW YORK, Jan. 27-The dullness that
has characterized the weeks speculation
was emphasized this morning almost to the
stagnation point. With one or two excep-
uons prices were not materially changed
from yesterday. and traders showed no dis
position to extend their lines London
bought some stocks at the opening and was
moderately active at slight advances over
our closing. The Improvement abroad and
its renection in the local trading gave the
bear party an opportunity TO put out a few
small iots, but the amounts being insignifi-
cant no perceptible decline resulted. Yester-
days attack on Western Union is ascribed
10 manipulation for the purpose OF increas-
ing the short interest prior TO the much
.alkeo-of decline. The stock made no i'm
porlant change today, but the lower seven
ties Is predicted the final result OF the
present campaign.
New England was the one conspicuously
active STOCK TINS morning owing TO the
rulnored report that an assessment OF SIS
per share was soon TO be levied In order
70 facilitate the reorganization. Opening az
Is Ia liberal selling movement mark ed
the price down , l-2 per cent ana the clos
ing was weak at the decline
Inc Changers continue to stand up well
under the narrowness and manipulation
ana are handicapped more by the uncer-
taiity regarding next springs dividends
than by present conditions The earnings con
tinue to show decreases. but a gradual i'm
provement in this item is weekly reported
and western advices generally are more
hopeful in tone.
The bull pool In St. Paul is said TO have
ceased operations until the companys divi-
dend is acted upon next March.
Washington advices relative 20 the fate
of the Wilson bill are less san.uine in re-
gard to the predicted defeat of that meas
ure. and while its recommitment IL still
considered among the possibilities opera
tors do not consider such a result suffi-
GENTLY probable to warrant stock pur-
chases.
The banks have gained s7.6S5. 900 In lawful
money, which, even after deducting the de-
crease in loans. is not fully reflected in the
deposits. which are nearly 81. 100000 larger.
The increase in surplus brings that item up
to s11i,oo0oO0. The falling on In loans Il
most discouragfng, and will be sure to
discount all signs Of commercial improve
ment. Unless this money is taken out OF
the national banks and put into the regu-
lar channels of trade, where its presence
will be useful, no important stock move
ment based on legitimate conditions can
be hoped for.
The statement In detail IS as follows: Re-
serve increased, s5.2ss. 5J5; loans decreased.
S9l4. 300: specie increased. 81. 165. 700; legals
increased. $500 800; deposits increased,
s., 3ss. 900. and circulation decreased. $4,000.
TIE clearing house statement reports ex-
changes S6545. 0S3; balances. s.. 1Sg. $40. and
the subtreasury's debit balance, s437,170.
The closing was dull and monotonous
as the previous hour and prices were some
what irregular around opening figures.