The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-01-31

Call money, New. York 80. ,iNzS 1%-s
NEW YORK, JAM lsa-Today,s marker
was made up of inoSenen5s IN ap 9s sisi
stocks, evidently undeTSthe Operations of
speculative cliques .whfSh brought man.p-
uiatlon freely TO bear ITO aid. the move
nients. An Overwhelming proportion Of
the total business was concentrated in less
than a dozen stocks. st. Paul Steel and
y. ire and Southern Pacific continued very
! linent, but they We're supplemented
large dealings in Rock Island ana
re Of the Southern stocks The ffTst
minutes of trading were sufficient to
ST Paul were freely boueht ana rs
line was checked at $50. The same
,eei stocks The official color given TO
denials this morning of the so-caiied St
Paul deal and the explicit assertions that
II vas on brought large Speculative
selling Of the stock and the statsmenI
on behalf OF the Steel and Wire dire erorc.
given out after the close of the market
Yesterday, was weakening influence III
Inc steel group. When the determined
and effective support at these two points
was observed, the tone of the specuIa-
uon was Strengthened and the prompt
advance in, Rock Island and of various
other stocks later in the liay served 10
sustain prices in the general list Selling
10 feallze was going on actively under
cover OF the Strength in active stocks
and the arket was highly irregular dur
ing the Whole day Under the infirenca
of the first upward squirt in Rock Island,
which rose an eHtreIne 81, there We're
general recoVeries, ST. Paul and O her
leading stocks rising above last nigat
The fact that the buying of Rock Island
was by brokers identi0ai with the sup
port IN steel and Ware aroused some dis
trust OF the movement, and the subse-
quent advances in special stocks We q
n2t notably responded 70. ia the gene al
closed with a net loss of a point South-
ern Pacific suffered from heavy reaIiz
ing on the statement of December net
crease of $S52139 over December Of last als
year Mobile & OhioA continued to ad-
y. Ha m o4 rising 5i1 6M tq tog ef yesterdays
could be secured during trading hours as
to the source of this ebuying, but it was
made the occasion bylg SPECTATORS for adj
-pSnnieing the stocks1c9f1 various railroads
eentro!, INCLUDING S9uthern Railway,
Louisville, Chicago e Alton and Kansas
city southern The control of the road
IS at present vested IN the bondho. ders
through voting trust and it is said that
no controlling interest in the stock is held
by any one party: Early in the day steel
resisting the decinGzaH day The rise in
Steel and Wire from the lowest, reached
rs Si IN II the preferred, 2t2, and in Federal
by some other members of the erorIj
me engagements of gold for export by
tomorrow's steamer. make a total Of
+S'@<o,VSV which is CONSIDERABLY less than
the preliminarygaes But STERLING
exchange has advanced further today.
as 1t did in Paris and it is evident thar
q gold movement from here to London IS
Imminent. Borrowers In London resort
ed to Ell the Bank of England today, show-
ing that the efforts of7tllat Institution TO
control the open market are messing
with success. With a prospect Of gold
pelng thus. drawn from New. York, t
seems hardly probable that the. bank ia tie
VIII be reduced to1norrow..sslAn additional
reserve OF gold In K9faa would be de-
4s1rable in prepare tien fers the 5iJIaefrls 81
the coming war lean there s.
'rsiees of borldfs75sefe well sustained to-
"a sain ag 6 9Ss a aosoEfie sales
81 United States bends were all @unchang
ed on the last -calEf ) 80 -
STOCK QUoTATIo
:, Furnished by Charles H. f. Smith &
Co., members of the New York. Stock
Exchange, Pioneer Press building, who
nave direct wires to Chicago and New
York. Closing prices are bid: