The St. Louis Republic., 1901-01-31
FINANCIAL.
1.W. HARRIS g. COMPANY
BANK ERS
eBlc4co NEW YORK BOSTON
a0cE ISLAND STOCK
LEADS IN TRADING.
HAMNAN DEAL \ STRENGTH.
ENING INFLUENCE.
6atess Movements Watched Very
Closely-GraDger Stocks Move
Lively.
TEPUElc sPEcrAL

fEPJBl1C STECTAL
View York, Jan 3J.-In the London market
2-dsy. s. Paul was weak among tho
american stocks on the collapse Of the ne
fotizfn-s with the other Northwestern
pads bat prices generally were a little
eFcvs parity. The general market was
the@ heavy. and cOnsOis one-eighth per
lt lower. at Ss1z- There was a serious
ak in bar silver on the decline In the
tn2nd for India and the Far East. "a
f'nanss was noticeabIy firm in Paris and
kBsriin- II had some little effect on demand
ssersns here. There was no change in dis
count rates in any OF the European cen
tsrz Ths position OF the Bank Of England.
TANKS 20 the gold from the Continent, is
frons. bit opinion was divided as To Wheth-
er u would bs thought judiciOus 10 reduce
i1e Discount rate for a little while.
u ne local market the opening was FIRM,
20 by Rock Island. which had A very cub
stantiz advance. Il was said that the divi-
c11 go1id probably Be advanced in March.
40 tesre was some talk, not backed by
any a1tAorftative source. however, OF a
ae4 for,efhinG on the lines Of the one at
1-nDtec IN 81 Paul II Is probable, how
syGs hat the Hartman purchase Of Chi
e-rD Terminal transfer viii beneff both
nsck Hand and Union Pacific. Al the
ranger stocks showed more or less
slre1e1h- In sympathy. and ST Paul had
vsry small recession. and. in view Of the
kleoahslify Of the advance in the dividend
= psT cent. f. not. In the opinion Of some
80 al a specially ht2h figure Wire
s1.--&1e1. but showed strength on the be-
- fhzt the dividend declaration had been
f-,pcned 70 enable tlse Gates following 10
.sess'sisfe sock. Mobile and Ohi0 had 4
) s1-1ner advance on rumOrs Of absorpfion
- NASHVILLE. As the bonds Of this road
~ = vote. and there are only Sl9s11 90
!. .i1e<1. the facility with which q change Of
1s<<.d eouid be engineered IS obvious.
49, has been good Buying Of the trac-
~ s.oexs ~ what are generally consid-
fss1e interests. The market shows
good deaf Of pool buying. which
y not a STRONG feature. II - worth
ErgEz1ng. however. that there has D-en
Bns4eerabie recession from the top ana
|pite Of an absence Of outside following.
k9n rumoTs. prices are very well main
There seems. little doubt that the speyer
lferesf has been accumulatfnS Southern
'scific. both here and in London. and the
7ere friendly relations vita Atchlson to-
esner with the possibilities Of the ship-sgb-
cry considerably. Demand sterling con-
lsoes 70 advance. and about s2.yy1ge gold
vi go 10 Paris Tomorrow. We are getting
ear the gold export point TO London. ami
looks a. II the Bank Of England would
cached
The close was generally strong. in spite Of
sirly heavy prOfit-taking in the granger
iocks- Brooklyn Transit was firm ana 10
Ias said that the lawyers were confident
ne francl1isc law would be upset a. gLcOH-
lftutonaJ- The Gates following bid Up
tel and wire, which reflected strength on
be other steel stocks. Baltimore and Ohio
dvanced; but seemed 10 be manipulated on
1e considerable short interest Money was
per cent and pieatifUI.