The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-03-02

ings which are being reported BIZ tho rail-
roads in that region. There seems 10 be
q lingering belief also among traders in
OF rumors IF a Southwestern combina-
tion. There was another pronounced
movement in the roads which carry hi
luminous coal to tide water. Pennsylvania.
the Baltimore and Ohio stocks, ChesGi-
DealSe and Ohio and Norfolk and Western
We're all largely bought and were sharply
lifted by this demand. 1t was supposed
in the board room to be for account OF
Pennsylvania Railroad interests in eX-
tension Of the holdings OF that company
in these roads. Burlington, Rock Island
and the Chicago Great Western stocks
enjoyed a period of strength and the gas
crop, including Peoples, Consolidated and
Brooklyn Union, were advanced in con-
cart There was active demand for SUI
gar all day at an extreme advance OF Az .
There were in addition gO3d gains made
BY Il number of stocks not usually promi-
nent in the trading, such as the American
LinsCed Oil stocks. International Power,
the Cleveland, LOraire and Wheeling
stOchs the Toledo, ST. Louis and Western
stocks, Evansville and Terre Haute, the
Chicago Terminal Transfer stocks ana
Texas land trust, in which the advances
ranged from one to four points. The
general market remained quite apathetic,
and moved only sluggishly upward III
sympathy with the general market IL
spite OF the late upward movement il.
Southern Railway stochs on Il. large de-
mand, the closing was barely steady. The
cont inuod ease OF the money market de-
tracts from any apprehension over tomor-
rows bank statement, which is expected
10 show q decline in. cash reserve owing
Il Inc absorption of over SO, 900 900 by the
SLb- Treasury this week. Money still moves
toward New York City from the interior,
although New York exchange AT Chicago
has declined steadily to soc discount The
London money market relaxed today with
the release of funds tied up by month
and requirements and sterling exchange
hcIe cased Off IN response.
The bond market was moderately active
and Irregular. Total sales (par valuel
81 $4,000.
United States refunding rs. coupons.
advanced cent on the last call.
Thotal sales of stocks today 791 200
shares, including the following: Atchison,
II 900; Atchison preferred. 9.40O; Bur-
lington, 80, 700; Chicago. Great Western.
20 800; Chicago, Rock Island and Pacific,
$500 Erie, $500; Louisville and Nash
vile. 500; Manhattan, 5000; Missouri
Pacific, II 900; Missouri, Kansas and
Texas, 6.100; Missouri, Kansas and Texas
preferred, $4,000; Norfolk and Western.
% 500; Northern Pacific, $500 Northern
Pacific preferred, 5000; Pennsylvania, T.
300; Reading, 1900; Reading first pre-
ferred, $500 st. Louis and San Francisco,
10. 800; st. Louis Southwestern. $500; St.
Louis Southwestern preferred, Is, 700; st.
Paul, $4,000; Southern Pacific $500;
Southern Railway, G9,6OO; Southern Rail
way preferred, $1,000; Union Pacific 81,
800; Wabash preferred, 1900; National
Tube, 9,400; Amalgamated Copper, SO, 400;
American Smelling and Refining. 10.10O;
American Smelling and Refining, PREFER
ed, 1000; American Steel Hoop $4,000;
American Steel and Wire. IA 100; Ameri-
can Tin Plate, 1900; American Tobacco,
20,200 Anaconda Mining, 500; Continen-
tai Tobacco, 9,i00; Federal Steel. $500;
Federal Steel preferred, 10000; National
Steel 9,200 Peoples Gas, S,OO0 Ameri-
can Sugar, loo. 200; Tennessee Coal and
1rCn Is 900.