The times. [volume] (Richmond, Va.) 1890-1903, 1899-01-28
STOCKS STILL
MOVE UPWARD.
Gains Predominated in Yesterdays
Mixed Changes.
BEARS WERE FORCED TO COVER.
Their Attack Was Easily Rcpulsed -
Bond Mark a Showed Considerable
Itregularity with Tendency to
Downward Course.

NEW YORK, Jan 25.--Thc changes as
result OK t0-aay's trading were rather
mixed with gains Drcdominatina. me
market opened with nesitaNcy. uut soon
started up under The influence on stlenstn
In the low-priced spccialties ana stand
ARD stocks London was free seller on
balance. tho sales amounting To dVV'o
shares. which encouraged the room
traders and put out large short lncs
90 check tho rise. C0mmiss.on-hO houses
had large volume of buying order we'll
distributed through iho list which forced
tGe bears 90 take back stocks after of-
fecting only slight relapse in the mar
kcts strcugth. Prices were forced up uu-
der tho leadership of the Flower stock.
Including Rock Island. Peoples Gas and
brooklyn Transit. The oW-prlced stocks
wore then taken in hand. Tennessee Coal
and Iron moved up 80, American Spirits
preferred. o.. Wheeling and Lake Erie pre-
ferrcd fia. first preferred when issued.
4 Pacific Mail. 2's and Indianapolis and
Louisville preferred . Among The spc-
c'altes there were advances Of 2& in
Rubber and in Sugar while Metropolis
tan moved within two points There was
am average rise Of over point in the
crangers. except Northwest The largest
rise iu thls group was That oi Rock
Island. rs. The coaicrs. Morgan stocks
and g.. g.. Q. and S Louis wore quiet.
AND Long Island jumped 5it and Norfolk
and Western preferred ON large transac-
lions. advanced 1is. Tho move iu the
latter was attributed 90 talk of am in-
crease BOP the dividend rate. Lake Erie
and Western Chicago Great Western pre-
icrrcd rose ln The neiehhOrhOod of .
points THE news ACCOMPANYING the ad-
vance included the favorable report Of
tho Senate Commerce Commission .on the
steamship subsidy hill which benefited
I'm iHc MHH 1000 explanation that. the
new Beet Sugar Company wou1 NOT ir-
wade the American Sugar Refining Conn
pany's territory and number OF favor
able fTHMfH NflfHnnTfIfa FuuftIfrrr
of Northern Pacific and southern ral-
way. Reading and Wabash December
net chanecr however. were decreased
ne annual Idck1Wanna report. showing
% dchcit after dividend of over half
million dollars. was without notable effect
ON the stock. only ono transaction ape
pfaring after the publication OF The poe
port Tho denial Of the rumOrr1 New
York CcnfraI- tr1uscOutiuDntal plans
were responsible for early losses in Union
Pacific. which subsequently rallied cl0--
ing fracuonally of for the'day I'm the
lHto afternoon there was q vigorous bear
faid. which reduced prices from ] 90 -
points ON news agency bulletins of Aeui-
naldo's proclamation of the Philippine re-
public heing established. The stocks off
forcd were presently freely taken, which
gave "a steady tone to the close. Trans
actions were in excess of "a million shares
as on other days this week
Considerable irrcgularity prevailed in
tho bond market. with theiactive issues
faV0rinC "a downward course. Total
sales. G62fjoOO. Bid quotations for Gov
eminent bonds were unchanged.
The total sales of stocks were i.1f2 ZOO
shares including 16O1O Atchison. 300
DO. preferred. 1890 Central lacinc' H.
hl0 Chesapeake and Ohio, 23o-O Chicago,
Burlington and Quincy 200 O.. g.. q.
and ST. Louis. 30 100 Louisville and Nash
vile. 80 go Manhattan 500 MetropoIi-
tan. 1918 Reading first preferred. 1890
Missouri Pacific. 1907 New York Cen-
trial. 1900 North American company
237i5 Northern Pacific, 1G.532 DO. pre-
ferred: t430 Ontario and Western. 464l9 |
Rock Island. 1890 ST. LOUIS and san
Francisco. OBJ go Union Pncihc; "a $50 81. !
Paul. lo.3io southern facihci -9l-3 |
Southern railway. l1ffj DO. preferred |
4f4l5 Union Pacific preferred 404iO /
Wheeling and l.. T.. fourth assessment
Spirits G60O BAY State Gas. DISCO Fed
crA Steel. 1890 do. preferred. GG 40 /
Peoples Cas- 2O4lo brooklyn Rapid
Transit. 1880 Pacific Mail. 500 stand |
ard Rope and Irvine. go $50 Sugar, co.
$40 Tennessee Coal and Iron. 5.t32 United
States Leather. % $50 do. preferred. So
4-t United states Rubber. =. DTS Western
Union. $3.50 ST. Louis and northwestern.
I1l25 do. preferred 1870 Chicago Great
western.
MONEY AND Observation-Disclosures ON
can steady at 2i.l3 per cent: last loan
af Ier cent. prime mercantile paper.
20i per cent CommorciaA bills SiS2,
sterling exchange firm. W.th actual busi-
ness loo bankers bills az SiSlMNfs5 for
demand and at So N2"F'' s3 for sixty days.
posted rafes. 50 s2i. ~li. silver cer-
tdrates nominal no J9i .0d3la. bar silver.
-ai- NcXloan dollars. a. Government
bonds sleHdN, state bonds strong. vail
road bonds irresular
BANK CLEARINGS The bank clear
irr- OBJ th- United States for the week. J
S21fi1aS f7G. ue~ cent Increase. G69 |
Exclusive of Ncw York S65s5o192l; per !