The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-04-27

absorption of other properties contem-
plated by those companies. Owing to
tcmorrow's holiday on account of the re-
moval of the board apparatus from the
present building to the temporary quar-
tiers in the Produce Exchange, there was
a disposition to curtail speculative ven
lures and to close up accounts From
the firm tendency of the market it looked
as though the bears were the ones who
were most inclined to cover their con-
tracts. The bulls were not aggressive.
but their tactics seemed designed rather
to protect the market and hold prices
firm. There was some confusion about
the board room owing to the preparations
for the moving and this in itself had
the effect of lessening the trading. The
principal strength in the market per-
sisted in about the same Quarters as
for some time past, namely, in the Gran
gers and Pacifcs Northern Pacific was
the most largely dealt in and rose an ex-
IRENE 3A, but Burlington advanced "a
to a record price Rock Island rose ~
and Northwest 4A. Pennsylvania, selling
EEK rights" and Baltimore and Ohio con-
tinued strong. Union Pacific was not as
active as on previous DAYS Of the week
and there was large realizing going Oh
in it all day. but the stock was held
above last night during the greater part
Of the dav, although it closed shade
off Among the specialties Sugar rose
3B, Tobacco "a. Colorado Fuel 31a, Gen
eral Electric 3M, New York Air Brake
10 points, and number of other special
ties from one to two points. The Colo
RADIO Southern stocks were notably strong
at advances of rs to 31a. The confidence
that tomorrows bank statement will
make strong showing had much to do
with sustaining the market. The re-
ceipts of cash from the interior have Off
set to a large extent the absorption by
the Sub Treasury including the pay
ments for the gold exported so that it is
expected that the banks will not lose
more than half a million dollars for the
week on all accounts Next week the
money market will have the benefit of
the payment of the May 1st Government
interest which amounts to about $780,
000 The fact that the foreign exchange
the expected engagement of further gold
for export was an influence in the firm
ness of the market.
The railroad bond market continued
! strong with Union Pacific convertible
bonds still very prominent Total sales
| (par value) $6,74O,000
United States SIS declined "a per cent.
below the last weeks closing call
The total sales of stocks today were
,662 200 shares, including the following
| Atchison, 70,100 Atchison, preferred, 3D.
500; Baltimore and Ohio. 27.600; Great
Western and Chicago, 81, 300; Chicago,
Burlington and Quincy, 40,100 Chicago
| and Northwestern, 1880; Chicago Rock
| Island and Pacific, q, 900; Colorado South
| ern 81, 400; Colorado Southern first pre-
| serred u 300; Colorado Southern, second
referred, 1850; Erie, 19,600 Great
Northern, preferred, 200; Louisville and
| Nashville, TO- 200; Manhattan Elevated,
| %, 100; Metropolitan Street Railway, H.,
| 300; Missouri Pacih. 1900; Missouri,
Kansas and Texas, $780, Missouri, Kan
sas and Texas, preferred $500; North
ern Pacific, 129, 500; Northern Pacific, pre-
| terred 1890; New York, Ontario and
| Western, 12.200; Pennsylvania Railroad,
| Il, 400 Philadelphia and Reading. first
| referred, IL 500; Philadelphia and Read
| ng, second preferred, $500; Chicago,
| 8lllNGuhee ana St. Idui, tJttVo oduIhNA -
| Pacific, 46, 900; Southern Railway, 14,700;
| Southern Railway, preferred, 5,5Ooi Texas
| and Pacific 1890; Union Pacific, llt,Seo;
| Union Pacific, preferred 1880; wabash
| .900; Wabash preferred. 5000; Wiscoh-
sin Central, $780, Amalgamated Copper
| IS ice; American Smelling and REFINING
| %, zee; American Tobacco, 1870; Ana
| cnda Mining Company, 7,2C0; Brooklyn
| Rapid Transit, &c, $780, Colorado FUEL aho
| Ircn. 6 400: Continental Tobacco, l''booi
| New York Air Brake, 7,lC0; People Gas
| Light and Coke Company, 936OO; Pressed
| Steel Car, 100; American Sugar he
aning, As 200; United States Steel Ger,
! Grafton. l91 800; United states Stee
| CORPORATION, preferred. 1880.