The age-herald., 1901-11-22
PRICES OF STOCKS
 SEEM UNCERTAIN Upward Movement Set in Our
 ing the Afternoon NEW YORK CEN TRAIL STRONG Price of This Stock Reaches 1esIa. Sterling Exchange Eases Off
 Fraction and Money On
 Call Is Easier.
NEW YORK CEN TRIAL STRONG

New York, November M.-Prices or stocks drifted uncertainty during the early part of today's trading ratner acute depression at some points contrast ing with steady absorption at others.
 The irregularity gave place during the course of the afternoon to a general upward movement in sympathy with the notable strength of New York Central which touched 16S1h, an extreme advance of 5Z over last nights price The buy ing of this stock was on very large scslA many blocks of 1000 shares and up- ward changing hands at every stage or the latsf advance. No news was forth coming to explain this movement be- yond the reiterated rumors of plan for combining the Vanderbilt systems. All of the yanderbilts were affected by the movement Lake Shore and Michigan Central, of which the shares not yet ex- changed for New York Central collateral bonds are very few, sold at 947b and l5O respectively. Manhattan was another ef- fective center of strength and was bought on an enormous scale by brokers usually acting for inside interests, the advance extending to A over last nights prices in the late dealings. Missouri Pa cific was also lifted 2% but otherwise the Gould stocks were not conspicuous. Un- der the stimulating influence of this ag- gressiye leadership practically all Of the early losses were wiped out. The most conspicuous of these were in Great North ern preferred, which fell 21h under the influence of the agitation in the North west against the Northern Securities Company, Amalgamated Copper and Peo- ple's Gas. The level of prices was gen orally below last night at one time during the forenoon, while there was still appre- hension that there would be further large exports of gold on Saturday.
 There was very large buying of Reading but it never rose more than point and Louisville and Nashville Chicago, ln- dianapolis and Louisville, number of the coalers, sugar and Consolidated Gas were notably strong. The developments of today made 1t improbable that further gold will go out to Europe immediately Saturdays steamer is the last one con veniently available to carry remittances for the installment of subscriptions to the British loan December 5 and London made 1t manifest today that gold was not urgently required there by further low erlnS the DuyiHB prlce ol 6oiu DaiS anu gold eagles, thus wiping out the margin of profit on gold shipm ents. Sterling ex change 1 Paris also advanced F centime additional which operates to decrease the pressure for gold exports and adds to the probability that the requirements at Paris have been satisfied. Sterling ex- change In New York eased off fraction and money on call was easier in tone The New York sub-treasury was advised of shipments of drafts on gold deposited on the Pacific coast aggregating nearly 4,000000. These developments served to relieve anxiety over the money outlook to marked extent and were an effective factor in causing the late upward move ment In stocks. A large demand to cover shorts helped on the rise, The market closed active and strong in spite of some profit taking by room traders
 The railroad bond market was moder- ately active and prices were inclined to advance Total sales par value g, 2s5. GOO
 United States refunding threes regis tered, the new fours and fives advanced A per cent on the last call.
 New York Stock Market
 By Private Wire to Murphy q Co