The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-01-28
PROFITS SCOOPED IN,
STOCKS SHOWED STRENGTH AND
THERE WAS SOME SELLING.
Ncw York Central Attracted More
Attention Than Any other stock.
Heavy Dealings In Bonds.

New York, January 27.-There were mum.
Der OF features of aggressive strength In TO-
days stock market, but thore was also evil
dence that the sustaining forces OF these spe-
4 cial stocks were taken advantage Of to sell
out by lines OF other stocks to realize profits
The center of interest in tho market contin-
ued to be New York Central. The persist
ent advance In this stock is attributed very
generally In tho street to inside buying, and
the reports of u pending plan for the merging
| OF the Lake Shore and New York Central
ind very general crcdencc
| All sorts of rtimors are constantly afoat
| protesting to give in detail the plans for this
| merging. and also for the consolidation of va
| rious other Vanderbilt properties, but no Of
| hcial or authoritative announcement has been
| made, nor lis one expected. The advance in
| New York Central was twice arrested during
| the day by reactions. The large absorption
of the stock was developed by the decline.
Some stood by the probability that the reac-
ton was manipulated in the interest OF those
seeking to acquire the stock. Lake Shore
yielded Ia of Its extreme advance of ~ be-
fore the close. 1t is noticeable that the Van
derbt stocks for the most part closed below
last nights final close
Northern Pacific preferred, Kansas and
Texas preferred and Rock Island were lead
York Central. There were not lacking other
features of strength in the market and the
New YORK transit companies were conspicu
Gus for sudden and sharp advance In the
final hour. But, considering the large volume
OF business the small net advance in many
active specaties and the mixture of losses
on the day business, II must be regarded
MS probable that there was a large taking OF
profits.
London had large account in the local
market today Oh tho side of sales. there be- |
ing balance of over 10000 shares There |
was no news to excite such change of front |
In the financial center and it can only he ac- |
counted for by significant disposition to
take quick profits on n sharp advance
Sterling exchange responded to London sell
Ing with a rather firmcr tone. There was no
hardening tendency perceptible in the local
money market.
The enormous demand for middle grade
and low priced bonds continued in that de-
partment OF the market today The volume OF
transactions thus far In January is said to he
far in excess of that for the corresponding PEE
Rod in any previous year. The days busi-
ness was large. and the advance Is marked in
Ia, Ia low priced speculative issues. Total sales.
Total sales of stocks today we're 300
shares, Including: New York Central, 5i,22D;
Union Pacific, 2l,l2o: burlington, % 234;
Northern Pacific preferred. i5, go.
Closing quotations on stocks at New York
today;
n :, t,...,..,. 10 North. Pac pref. 6bls
A T.&S. y. p'fd,. SnAllicadtng. . 2lfs
tehtfaI i'aciue.... l3is Rock Island s..,... a3L
Chieato& Alton,.. 100 Z. pau, common. . 10
" b.s y 80, l0t 49, st. Paul, preferred i "A l.
Del. & Hudson liz Texas 4 Pncinc..... leii
(! 81. a. n Wi,,...... 49,. Wabash ......... ~
ncli' ~ ~ i2ts wabash, PREF ....... 1885,
Den IL. u pfd doss uniteu states ES... dljs
nnNft wayne. ,.,,. l39 w lls-ilargo Ex...llO
iiuhois central -, lV7as Amer Cotton OH. ai3s
LAKE SnoFe ;'..,.... isda Am. Cot on pref..75A
A., = ~ ;.s... Doai Auer. IobaceV.. 15s,
AthIattan I...,.... II u Am, Tobacco pref Ia
missouri i'dclhc..,. JAP Pacific Nail 3la, .
"" ~ NI-,,,.,,,. l8A silver Certificates. 5GL !
NJ Il, 3 T. pref, a0ls sugar 49, loS,s
Northwestern t-.... l2SA, sugar 70 fd. ljsf' ! 4
Northw sternpref. ls4i Tenn Coal s Iron a5L | 1
Nor heru tAuio... 2ztsiW, u. relevrnnn Dias n
Closing quotations on bonds at New York ,
today.
l. . now IS. reg laf1oIN X 4 n ods ce34 | .
Y, :, now ~. coup, 1873. NJ. X. a u 4s "a =
u = IS reg, ,...,. ll.AslS Y. Central lists
y = Is. COUP. llIAiia Inc 1s o; v, l1si, y
- .us ....''',+ 49, 100 Reading Is....... s4as =
= ;. ps' res ,.,.. ll3lsl s.i. 4, Nj con ~ SYSE $
u !. Js. cuup, 40. iliiat-,I. :. n zen 10 IiTSs II
district y j.s,... 49, t-unlnetn nv ~ iSni. | a
Atch son rs. .... o., Tex pac.I,E ists Saa I,
Atohiaon nd, is,.. a9Js Tex rae. RE- oas SSSs | i
- ~ ~ A. ~ lo1ja mon PaciDc lists l.tsi n
!. IA. -. a, 2ds. lu2 ~. T. D. A. G; lists 6g'
u. II. Z. ,,S. ..,.. lOs7s Wabash Isl Js 1nSl. |
II a u. q. con Us. i, loo vi Wnbasn Ids NM
'liNsonrl Us. 1899. 100 tWpht >nurp * . INIT |
fhS, div .oI.etor. Es. an; 81