The age-herald., 1901-01-30
ST. PAUL STOCK
 AGAIN DOMINATED Little Disturbance from Steel
 and Wire Fluctuations -.-- SMALL VOLUME OF TRADE Opening Break. in St. Paul Was Violent, the Stock Dipping Under Pressure of Heavy Blocks to sell-clos-
 ed at Net Loss.
SMALL VOLUME OF TRADE

New York, Janyuary 29.-The stock mar ket was again dominated by St. Paul today with some incidental disturbance from the cratic fluctuations of steel and wire These stocks really made the market and prices moved somewhat narrowly and on small volume of transactions in sympathy with them throughout the day. Southern Pa ciic was a notable exception to the general tendency of the market, it was bought largely all day and in the late dealings rose an extreme IFS to 47, carrying some other stocks notably among the grangers and Pa ciic with it. But renewed weakness in the two leaders carried prices except for South ern Pacific down again, leaving on few insignificant net gains among the larger list of losses. There was no news to account for the movement in Southern Pacific be- yond the argument of the spectators in the stock that an advance in its prices was long overdue.
 Mobile and Ohio made a very notable rise of 6%, accompanied by rumors of absorption or control in the Illinois Central New York Central gained points on very light trans- actions and Manhattan and Leather showed signs of strength American Express gained Az without any explanatory news. The opening break in St. Paul was violent, the stock dipping AS to 1.5O under the pressure of heavy blocks to sell. Later in the day it got up as high as 153 twice and wavered uncertainty between that and 151, closing with net loss of 2%.
 That very large portion of the heavy dealings in the stock are purely specula- tive is manifest from the fact that yester- days transactions alone aggregated more than half of the number of the total share capital of the company. This could only be the result of large professional traders be- dng out of that stock on heavy scale per- haps many times in the course of a single day.
 In steel and wire the low point was made at 39 soon after the opening and the stock then rebounded to above 4 before the an- nouncement was given out<that the prom dsed "A tement would be withheld until p. m instead of being published at Il o'clock. During the afternoon the stock got as high as S1A, but closed at a net loss of A The prevailing state of mind of speculators in the stock was evidently one of entire un- certainty as to the effect the statement would have upon holders and the uncer- tainty Is likely to continue, as no action has been taken on the actual question of dvi- dend.
 The railroad bond market continued mod erately active with an irregular movement of prices. Total sales, par value, $9S 900. United States 3s and new As advanced A per cent on the last call.
 New York, January 29. - Money on call steady at 1AQ2 per cent. Prime mercantile paper 31aQ4 per cent. Sterling exchange firm, with actual business in bankers bills at 487% for demand and $4 845s for sixty days. Posted rates 4.S41a@4.S .S5 and $4.SS1a. Commercial bills $4.S3A94. .S9as. Silver cer- tifcates 631a@65c. Bar silver 61Ac. Mexican dollars 4Sc
 Government bonds strong, state bonds in- active, railroad bonds irregular.
 New York Stock Market.
 fBv Private Wire 10 Murphy & Col