New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-01-25
SECOND ONLY TO MONDAY.
ANOTHER GREAT DAY IN WALL STREET.
TOTAL TRANSACTIONS S7Os2O sHAREs-REAL-
IZING SALES EXTREMELY HEAVY
SOME NET CHANGES

An enormous business was done again yes
terday in the stock market. the total transac-
tions 1,370,S20 shares. being second in volume
to only the record total OF Monday. l,521 644
shares. The market necessarily extremely
active, with this vast quantity Of shares to be
handled; but the day was summer calm COM
pared with the turbulence and the excitement
and the chaotic ups and downs which marked
the course Of business for least the early part
OF the preceding day Almost every stock on the
list sold off. some OF those which in the last
few days had made the most pronounced gains
closing yesterday at net declines OF IL TO per
cent or more. The realizing sales were extreme
~ heavy throughout the day. and large selling
by the shorts aided In forcing down prices Sub
stantial market interests bought freely on the
decline but it found that the outside pub
lie was holding aoof and in the absence Of a
buying pressure from this important source II
proved impossible TO overcome or 10 check
the downward course OF prices. The coal stocks.
the grangers and some Of the Vanderbilt stocks
closed considerably below Mondays last fig
ures. as did also many other issues Burling-
ton closed at A net loss OF per cent the last
price being 1861; Rock Island closed at 1855,
net decline OF III; ST Paul sold off 2as. closing
at 126ls. or Atchison preferred there were sold
1O1,S20 shares. the last price being 611e a net
loss Of 2A. Chicago. Great Western preferred
lost rs.
Other net changes were; Great Northern pre-
ferred, net loss 1h Illinois Central, loss 2ia;
Louisville and Nashville, decline 1% Northern
Pacific. sales 24.320. net decline 21s; Pennsyl-
vania, close 1341z, net loss 34; Panhandle close
r. net decline per cent: Rio Grande Western
preferred. decline 3; Union Pacific preferred.
close 134l2. net decline 214 Michigan Centrai,
decline 2i2: New-York Central SAFES 1920,
close 1341z net decline 217 Michigan Central,
net advance per cent; Lake Shore, gain 2; Big
Four preferred, close 100, net gain 2iz; Canada
Southern, close 6O1s. net decline 27s Delaware
and Hudson, close 115, loss 11z; New-Jersey
Central. close 102l2 loss 3 Ontario and Western,
sales 114,9l5. close 22i2, loss 2is Reading first
preferred decline AZ Reading second preferred,
net loss 3 Tennessee Coal and Iron preferred,
net gain Q: Steel and Wire. net loss 4; New
York Air Brake, close 146, net loss per cent.
London Jan. 24.-The Stock Exchange to-day
was excited throughout the entire session. Busi-
ness in stocks Of speculative descriptions is in
creasing. while high-class securities are neg
lected Spanish fours were bought for Conti-
mental spectators. The continuous buying OF
rush orders Of mine shares and Rio Tntos was
a prominent feature OF the days transactions
American stocks were tempestuous and feverish
The principal movement was in Ontarios, and
was in response 10 the rise In New-Hork based
on dividend rumOrs On the Street there was
an active movement In the curb transactions,
and an a-round advance was recorded