The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-01-10
Then Why not Work for Us.

quarters of a point below last night.
This was due to the heavy profit taking
attracted by yesterdays five point rise.
The stock was easily the leader of the
market and wss lifted in the afternoon
five and a half points more above last
nights level. There were many runners
current Of coming consultations OF Ire
Southwestern Railroad systems, without
any authority cited and which were met
in some cases by semi Official disclaim
ers, but Notwithstanding these disclaim-
ers the so-called Gould SOuthwesterns all
advanced from two to two and half
Manhattan and Western Union Telegraph
also gained three and three and three
eighthS respectively. The various stocks
which we're successfully brought forward
in the advance would make a long list.
The most conspicuous were oul;9llle and
Nashville with a rise of three and FIVE
eighths. Delaware and Hudson sour and
quarter; Illinois Central four and =
half; Great Northern preferred five ard
three quarters the Local Traction stocks
from two and a half TO three outside of
Third Avenue, which rose an tAtrenit
nine and a half, American Sugar enc
Peoples Gas, about two and half each:
Union Pacific and New York Central as
much, and number Of less prominent
stocks with even wider gains. The ma
npulative character of the advance and
the persis tent profit-taking was SO evil
dent that he bears attacked the market
again late in the day and '0rced dec
clines running IN to from two to three
points in several cases, but there We're
good rallies on coverings by shorts. The
Changers were rather less disposed to
oily than the general list and H. Coal
crs were affected by profit-talking
throughout.
The dealings were again on a very
large scale but did not approach Mondays
record.
There was a very active demand for
bonds of Southwestern Railroads and the
whole list showed strength The gains
were not in all cases fully maintained
Total sales (par value) $4.575 900.
United States refunding 2's advanced
IL per cent on the last call
The total sales of stocks today were
1,.01, 500 shares including the following:
Atchison, 16,100; Atchison preferred 49,
500; Baltimore and Ohio, 81 500; Chesa-
peake and Ohio, S.400; Chicago Burling-
ton and Quincy. 26500; Chicago, Rock
Island and Pacific, 26,400 Delaware and
Hudson. $4,000; Erie, 30,500; Erie first
preferred "a 500; Illinois Central, IA, 200
Louisville and Nashville, So 100: Manhat-
tan Elevated, SO 100: Missouri Pacific,
139.S00; Mobile and Ohio, 1900; Missouri,
Kansas and Texas, 10000; Missouri, Kan
sas and Texas. Al 800; New York Central,
31,400; Northern Pacific, $4,000: North
ern Pacific preferred, 1900; New York,
Ontario and Western, "a 400; Pennsylva-
MIA Railroad, 1S,20O Philadelphia and
Reading, 1s,4O0; Philadelphia and Read
ing first preferred, 1900; Philadelphia
and Reading second preferred 5000; ST.
Louis and Southwestern, $500; st. Louis
and Southwestern preferred, 22,500 Chi
cago, Milwaukee and st. Paul, 4O, 400;
Southern Pacific, 40, 300 Southern Rail-
way 1850; Southern Railway preferred,
1880; Texas and Pacific, $4,000; Union
Pacific, 1880; Union Pacific preferred,
%, 900; Wabash 5000; Wabash preferred.
$4,000; Third Avenue, $780, National
Tube, %, 1907 Amalgamated Copper 81
900; American Smelling and Refining, 81
600; American Steel and Wire. II 200;
American Tin Plate, 10, $780, American
Tobs eco. 26S0O: Brooklyn Rapid Transit.
50 400; Continental Tobacco, 90, 100; Fed
era! Steel $4,000; Peoples Gas Light and
Coke Company, $1,000; American Sugar.
81, 200; Tennessee Coal and Iron, 1900;
United States Rubber, $1,000 Western
Union Telegraph Company, 36,300