The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1901-03-30

templated with delight by the commits
sion brokers as an earnest of the possi-
bilities OF an active speculation in a
stock comprising a capital of $500. 600
shares. The days business in the COM
mon stock amounted to 159, 900 shares or
for both IL per cent Of the total trans
actions. The common stock was lifted
at one time rs to As and the preferred
Ia to SO. The offerings brought out at
this level were enormous and apparently
the supporters of the stock were salts
fed to maintain them at near that level,
which was done to the end. There was
very notable demand for high grade
investment stocks and for some others
on which the dividend return is still at
a high rate. There were various other
points of strength, including the Read
ngs, the New York public utilities, Peo-
pies Gas and various other stocks, in
GLIDING the Changers. The Fries, Wheel
ing and Lake Erie and the Southwestern
group showed the effects of realizing.
American Sugar was also under pressure.
The fact that no engagements of gold
were made for tomorrow's steamer was
regarded as a favorable factor, although
the sterling exchange market was called
firm at a slightly lower level in sympa-
thy with somewhat easier discounts in
London. The promise of an unfavorable
bank statement was ignored, as call loan
rates did not rise above three per cent
and were offered down to two per cent
at the close, loans carrying over until
Monday.
There was less activity in the bond
market today and the price movement was
irregular. Total sales (par value) 49,
1895. 900
United States new As advanced Il per
cent on the last call
The total sales of stocks today were
1,S89,900 shares, including the following
Atchison, 13,200; Atchison preferred, "a,
200; Canada Southern, II 500; Chicago,
Burlington and Quincy, 117,000; Chicago,
Indianapolis and Louisville, $500; Chicago
and Northwestern, 1880; Chicago, Rock
Island and Pacific, 26,4O0; Colorado South
ern, 5000; Delaware and Hudson, "A, 500;
Delaware, Lackawanna and Western, g.
600; Erie, 42,100; Erie first preferred, TO-
600: Illinois Central, $780, Louisville and
Nashville, 10000; Manhattan Elevated,
20, 400; Metropolitan Street Railway, 49,
800; Mexican Central, $500; Missouri Pa
cifc, 14700; New York Central, 81, 400;
Northern Pacific, $4,000; Northern Pacific
preferred, 14.400; New York, Ontario and
Western. 47,100; Pennsylvania Railroad,
3S,100; Philadelphia and Reading, 10000;
Philadelphia and Reading first preferred,
80, 500; st. Paul, 1890; Philadelphia and
Reading second preferred, 24,500; Southern
Pacific, 34,500 Southern Railway, 1900;
Southern Railway preferred, 1900; Texas
and Pacific 1900; Union Pacific, 22,S00;
Wabash preferred, 5000; Wheeling and
Lake Erie, 7,400; Amalgamated Copper,
11,400; American Smelling and Refining
$4,000; American Smelling and Refining
preferred, $500; American Steel and
Wire, $500; American Tobacco, 1900;
Brooklyn Rapid Transit, 29, 400; Colorado
Fuel and Iron, $780, Federal Steel $500;
Peoples Gas Light and Coke Co., IT,
100; American Sugar Refining q, roo;
Tennessee Coal and Iron, $500; United
States Leather, 5000; Western Union
Telegraph, 93,S00; Republic iron and
Steel, $4,000; Republic Iron and Steel pre-
ferred, 1900; United States Steel, 1885,
900; United States Steel preferred, $780,
1000