The age-herald., 1898-01-28
RIORDAN 6 co.
In w all Street.

New York Jan. 27.-There was a num- Der of features of aggressive strength in today's stock market, but there were also evidences that the sustaining forces of these special stocks were taken advantage of to sell out heavy lines of other stocks to realize profits. The center of interest in the market continued to be New York Central. The persistent advance in this stock is attributed very generally in the street to inside buying and the reports of a pending plan for the merging of the Lake Shore and New York Central find very general credence All sorts of ru mors are constantly a1oat professing to give in detail the plans for this merging and also for the consolidation of various other Vanderbilt properties but no off, cial or authoritative announcement has been made, nor is one expected The ad- vance in New York Central was twice ar rested during the day by reactions. The large absorption of the stock which de- veloped before the decline had reached great lengths. suggested by the probabli- ty that the reaction was manipulated in the interest of those seeking to acquire the stock Lake Shore yielded 11a of it's extreme advance of 21s before the close. dt IS uOtlCedDlt ludl liS NdlucIput StOChS for the most part closed below last nights final price. Northern Pacific preferred, Kansas and Texas preferred and Rock Isl- and were leaders of the market, in con- nection with New York Central. There were not lacking other features of strength and the New York Transit companies were conspicuous for sudden and sharp ad- vance in the final hour. But, considering the large volume of business, the small net advance in many active speculative favorites and the mixture of losses on the days business, 1t must be regarded as probable that there was large taking of profits by recent buyers. London had large selling account in the local stock market today. and there was balance of over 3O,O0O shares. There was no news to explain such change of front on the part of the British financial center and it can only be accounted for by a significant disposition to take quick profits on sharp advance. Sterling exchange re- sponded to the London selling with a rath- CT firmer tone. There were no hardening tendencies perceptible in the local money markt.
 Tlae enormous demand for middle and 5 low priced bonds continued in that depart mont of the market today. The volume of the transactions thus far in January is !, in excess of that of the corresponding pe- riod of any previous year.
 Total sales today $5,67O000.
 Total sales stocks today sos, ,36O shares in cluding 14,N5 Atchison preferret1 z,.J5 Chesapeake and Ohio: 2S,3S4 Chicago, Bur Engton and Quincy; 5H Erie; 6A0 Lous- yile and Nashville; 19, 5s5 Maa,hattan 5,S93 Michigan Central; 5000 Reading, preferred 1T,955 Missouri Pacific; 4,49O Missouri Kan sas and Texas; 1S,420 do preferred; 3,7SO New Jersey Central; 51, ,220 New York Gen. trad; 6,S55 North American; 13, ,450 North ern Pacific; 45 gro do preferred; 6,3O On- hario; 2O,12O St. Paul; S,255 St. Paul and Texas and Pacific; 3,590 Tobacco 9,550 Chicago Great Western; 9,712 Peoples Cas- 6657 General Electric; 3,S01 Laclede Cas- p0,515 Sugar; 3,71O Leather preferred.
 Money on call easy att 11z@1A per cent; last loan, IA
 Prime mercantile paper 3@SA.
 Sterling exchange firm, with actual busi- ness in bankers bills at s4.S4lA04.S45s for demand and att s4.S21a@4. 4.s2A for sixty days; posted rates s4.S3Q4SSA and sl.sSi s44s6; commercial bills, s4S11k@4S2.
 Silver certificates 56AcQ57he
 Bar silver 561ac.
 Mexican dollars, 44%c.
 Government bonds irregular.
 State bonds dull.