New-York tribune., 1901-01-08
WALL STREET STILL SCARS.
AGGREGATE OF TRANSACTIONS AGAIN
sMAsHEs THE REcoRD-PRICEs AD-
VANCE on THE WHOLE LIST.

O. the making az Stock Exchange records there
seems no end. For the last three business days In
succession new high levels have been attained In
the number of shares sold. and yesterday the pre-
tfction was verified that the two million mark"
would be reached. IL was not only reached, but It
Substantially exceeded. for the recorded trans
sctfons OF the day aggregated 2,lesf7 shares, and
81 wss said by competent observers that the total
volume Of business for the day must haveNbeen
close 20 100000 shares Within the last week the
number of Official reporters on the floor OF the
erock Exchange has been Increased from eighteen
twenty-tour. but even with this increased force
50 fs impossible 20 chronicle With completeness the
vast number OF daily transactions.
Less activity and excitement attended the open
ing OF the stock market yesterday than had marked
saturday's opening. There some smart adj
vances. but they were scored chiefly by the rail-
road issues. which expected TO profit by the
deals recently announced. These included the
''eoalers" all Of which especially buoyant.
Reading common sold up almost three points, the
first preferred one point and the second preferred
% per cent Delaware and Hudson sold up over
four points. and gains more or less substantial
made by Missouri Pacific Texas and Pacific,
fhe Baltimore and Ohio issues and Rock Island.
Almost from the opening. however, there was a
rush 10 take profits. and under this selling
pressure many issues declined in price. But the
readiness with which stocks were absorbed at the
lower level soon induced the sellers to become buy
<rs again, and the whole list advanced. one stock
after another being taken up for an advance OF
several points. The chief activity i'm the rail-
way issues. and bull various groups Of
these securities were heard every side. Della
ware an5 Hudson had exceptionally large ad-
vance. and It reported that the New-York Cen
fral was 90 take control of this road guaranteeing
the dividend on it's stock The Baltimore and Ohio
issues also showed conspicuous strength. on re-
ports that the road had been acquired by the Nor
gan interests. Lehigh Valley. it was said. was to
be turned over by Mr.. Morgan 10 the Reading, as
he had lust turned the New-JerSey Central
The resignation Of Nice-President st. John or
The Seaboard Air Line was interpreter py the
rlrnor spreaders meaning that that system was
be consolidated with its old rival, the Southern
Railway Company and the Southern Railway Is
sizes promptly advanced in price.
The industrias had little or no part IN the day 9
activities. The most prOnouneed gam was mace
in lin Plate common, which advanced 30 per cent
the expectation of the declaration OF divldend
Peoples Gas gained "a per cent on the beiief that
rhe trouble with the Ogden Gas Company ha0 at
last been formally and definitely adjusted; Ten
Coal and Iron declined SIS per cent, follow
ins the passing Of the dividend on the common
stock.
The local traction issues. although not features.
made gains. especially in the last half hour, when
many other shares showed weakness
Some Of the noteworthy net changes OF the day
were in Delaware and Hudson. which sold TO lis
and closed al 145. a net gain of l0s4 points: Dea-
ware. Lackawanna and Western. advance 52.:
Burlington. gain 35s: Rock Island. maximum ad-
vance, sss per cent and net gain 3; Erie gain l.s:
Baltimore and Ohio common S1s. and preferft<1,
1A: Ontario and Western. gain 29s: Reading COM
haitian, gain 1Ts Metropolitan. gain ia: Brooklyn
Rapid Transit. gain 2 per cent: 81. Paul. net ad-
vance 1i5. and maximum advance ga. and Con-
soli0ated Gas, 2& per cent.