The age-herald., 1901-01-31
SPECIAL STOCKS
 MADE UP MARKET Speculative CIiques Kept Trading
 In Narrow Limits. ST. PAUL IS FREELY BOUGHT I Steel and Wire Stock Was Very Promi- nent, But 1t Was Supplemented By Large Dealings in Rock Island.
 Several Gains.
ST. PAUL IS FREELY BOUGHT

New York, January 30-Today's market was made up of movement in special stocks, evidently under the operations of specula- tive cliques who brought manipulation freely to bear to aid the movements. An over whelming proportion of the total business was concentrated in less than a dozen stocks. St. Paul, Steel and Wire and South ern Pacific continued very prominent, but they were supplemented by large dealings in Rock Island and some of the southern stocks. The first five minutes were suffi- cient to demonstrate that very powerful support was in the market
 The heavy offerings of St. Paul were free ly bought and it's decline was checked at 150. The same was true in Northern Pacific and the steel stocks. The official color given to denials this morning of the so-called St. Paul and the explicit assertion that 1t was off brought a large speculative selling of the stock, and the statement on behalf of the steel and wire directors given out after the close of the market yesterday was a weakening influence in the steel group. When the determined and effective support at these two threatening points was ob- served the tone of the speculation was strengthened and the prompt advance in Rock Island and of various other stocks later the day served to sustain prices in the general list. Selling to realize was go- ing on actively under cover of the strength in active stocks and the market was highly irregular during the whole day. The rise in steel and wire from the lowest reached 33s in the preferred, 21a and In the federal steel 2A There were gains of 1 to F by some other members of the group. The en- agreements of gold for export by tomorrow steamer make a total of $2,250000 which is considerably less than the preliminary esti- mate. But sterling exchange has advanced further today as it did In Paris and It IS evident that a gold movement from here to London is imminent. Borrowers in London resorted to the Bank of England today \ showing that the effeorts of that institution Ito control the open market are meeting with successes. With prospect Of gold be- ing thus drawn from New York 1t seems hardly Nprobable that the bank rate will be reduced tomorrow. An additional reserve of gold in Dondon would be desirable In preparation for the placing of the coming war loan there ar
 Prices of bonds were well sustained today on a good absorption. Total sales, par value, &, ,955, 900. United States bonds were all unchanged on the last call.
 New York; January 3O.-Money on call steady at 1%6D2 per cent. Prime mercantile paper 31aQ4A per cent. Sterling excnange strong with actual business in bankers bills at sa.S7%@4.S77s for demand, and at s4. .s4k@4. .S4l4 for sixty days. Posted rates s4. .S504. .SS1s; commercial bills, s4.S3A@4 SEA-
 Silver certificates. 6314@64c; bar silver 60Ac Mexican dollars, 47c.
 Government bonds steady; state bonds ln- active; railroad bonds firm.
 New York Stock Market.
 fBy Private Wire 10 Murphy Col