The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1899-01-10

ard stocks generally were up fraction
ally. Influenced in part by Saturdays
favorable bank statement there were
more buying than selling orders accumu-
lated by commission houses over Sunday
London, while moving largely with quo
tations here, was seller on balance.
but it developed later that on the curb
n very large demand sprang up for
Americans after business hours. 1t
was said that Americans were buoyant
with Atchisons the feature. Atchison,
preferred and Sugar were the leaders
in the strength displayed in to-day's
market. The heavy purchases of Atchl-
son, preferred, which resulted in an
extreme gain of 1 points were said to
be largely for very powerful interests
and their allies. The stock made a
high record 5G3s exdividend. There
were number of vague rumOrs connect
cd with Sugar, but nothing definite. The
stock however, made an extreme. gain
of 40 points. Glucose Sugar Refinery
was sympathetically strong An ad-
vance in Pennsylvania and some other
stocks which move conservatively, in
creased the confidence of the bulls. Gin
cinnati. Cleveland, Chicago and ST
Louis and Chesapeake and Ohio, show
ed pronounced strength on the revival of
the oft rumored deal between those
properties, while the former was also
aided by ii favorable traffic statement.
Good earnings were likewise responsible
for rise in Northern Pacific common.
The purchases of Southern Railway pre-
ferred, We're said to be partly on thr
theory that the company would gam con
troll Of the Seaboard Air Line.
The dealings in stocks which eNcea1-
ed a million by over hundred thou
sand, were the largest in the present
movement and of recent years. Trans
actions in bonds which had showed Il
contraction in dealings of late, also
reached large proportions aggregating
$S.4S00 600.
Considerable buoyancy developed in
the bond speculation, enormous blocks
of the Atchison and st. Louis South
western issues being taken at material
advances. Some of the low priced issues
made striking gains, Peoria ANA Eastern
Incomes figuring for 51a.
United States new is coupon and the
old As registered declined y, and the
old As coupon and the SIS coupon do
clined IL in the bid price
The IS registered advanced n.
The total sales of stocks were /, 1902
600 shares, including 124 300 Atchison;
$50, 100 Atchison, preferred, cN-diy.;
24.670 Central Pacific; % 900 Chesa
peake and Ohio; $3.50 Chicago, Bur|ing
ton and Quincy; $50 Cincinnati, Cleve-
land Chicago and st. Louis; 1920
Louisville and Nashville; 1890 Man
haitian; $500 Reading, first preferred;
1920 Minnesota and st. Louis; 9,770
Missouri Pacific; 600 Missouri, Kan
sas and Texas, preferred; 5000 New
York Central: 2S.020 Northern Pacific;
10000 Northern Pacific, preferred; 10
2G5 Ontario and Western; 5000 Rock
Island and Pacific 14,020 Union Pacific;
1T,020 st. Paul; 1900 Southern Pacific;
1890 Southern Railway; 24,700 South
ern Railway, preferred; 800 Texas and
Pacific; 10000 Union Pacific, preferred:
10,400 Wheeling and Lake Erie; o go
American Tobacco; 1880 Bay State
Gas; 1920 Federal Steel; 1920 Federal
Steel, preferred; 1094T PEOPLES Gas;
9,212 Colorado Fuel and Iron; 11,600
IAclede Gas; $3.50 Lead; $500 Pacific
Mail; $500 American Sugar; GAO
United States Feather, preferred: ID
$50 United States Rubber $500 West
ern Union; IA 900 st. Louis and South
western; 29.300 st. Louis and South
western, preferred.