The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-01-17


quarters in Northern Pacific, three
in Delaware and Hudson, two and three
eighths in Chicago, Rock Island and Pa
cific and two points in ST. Louis and San
Francisco second preferred Manhattan
Elevated and American Sugar Refining
also rose about two points. When the
futility of these measures to hold the
railroad list became evident, the specula-
tive liquidation increased to very heavy
volume The Coalers, the Pacifics, the
Local fractions, Peoples Gas Light and
Coke Company and American Sugar Re-
finng were thrown on the market in
torrent of large blocks. The general
level of prices was forced considerably
below last night, only a few small net
gains remaining. The reaction reached
FIVE points in Chicago. Milwaukee and st.
Paul, four and three eightbs in Manhat-
ton Elevated and from to 8 points in
the other prominent stocks indicated. The
closing was unsettled and irregular, but
there was no evidence OF. any demand
from other than short interests. The
announcement of gold exports today for
tomorrow's steamer did not seem to af4
feet sentiment, as the early strength in
the market developed after the shipments
w
at this centre continues on so large a
scale that the interest rae tended lower
today in spite of the gold exports, and
the softness Of the exchange market
showed that the absorption of exchange
bills sold against the gold exports was
not easy.
The bond market was moderately ac-
tive and eased off in sympathy with
stocks Total sales (par value) $780,
COO
United States old As declined u per
cent and SIS, registered. Il per cent on
the last call.
The total sales OF stocks today were L.,
10000 shares including the following
Atchison, 9,490; Atchison preferred, A.
400; Baltimore and Ohio $500: Chicago
Great Western. 1S,400; Chicago, Burling-
ton and Quincy IA ,615; Chicago, Rock Is
land and Pacific, $500; Erie, 1890; Erie
first preferred 1000; Louisville and
Nashville, 9,100; Manhattan Elevated, 6S,-
600; Metropolitan Street Railway, $500
Missouri Pacific 1900; Missouri, KAN
sas and Texas preferred, $1,000; New
York Central, $500; Norfolk and Western,
$500; Northern Pacific, 50, 700; Northern
Pacific preferred. $500; New York. Onta-
rio and Western, $500; Pennsylvania
Railroad, 9,400; Philadelphia and Reading,
$1,000; Philadelphia and Reading first pre-
ferred i4,S00 Philadelphia and Heading
second preferred, 5000; ST. Louis and San
Francisco, 10 900; st. Louis and San Fran
cisco second preferred $500; st. Louis
and Southwestern, 800; st. Louis and
Southwestern preferred, 12,2OO; Chicago,
Milwaukee and st. Paul, $4,000; Southern
Pacific, $4,000; Southern Railway, 5000;
Union Pacific, $4,000; Wheeling and Lake
Erie. 5000 American Smelling and Re-
fining 10000; Amalgsmated Copper Com
pany, 20,600; American Steel and Wire,
H,400 American Tin Plate, $500; Ameri-
can Tobacco, 1880; Brooklyn Rapid Tran
sit, 81 600; Colorado Fuel and Iron, ZOO;
Continental Tobacco, 5000; Federal Steel
141, 700; Federal Steel preferred, 5000;
Peoples Gas Light and Coke Company
Al 600; American Sugar Refining, $4,000;
Tennessee Coal and Iron, 1900 United
States Leather, 1000; Western Union
Telegraph Company AGO..