The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1902-09-11

we'll maintained in spite of obvious
profit taking in Pennsylvania, Baltimore
and Ohio and New York Central. Unit
ed States Steel shares were taken up,
the common being extensively traded In
and simultaneous strength was shown
by Tennessee Coal and Iron stocks oil
that class. There was no news to ac-
count for the increased interest in these
interests other than the general pros
perity of the steel and iron trade. In
the miscellaneous list the shares of the
express companies advanced from
to 6 points on very light trading. West
inghouse Electric and Pere Marquette
gained 6 points each The feature of
the last hour was three point decline
in Missouri Pacific and the recessions in
the Standard Railway list, including
Baltimore and Ohio, Norfolk and West
ern, Philadelphia and Reading, st. Paul
and New York Central. The selling
movement wiped out the greater part of
the days gains and in some instances
caused net losses, st. Paul and Mis-
souri, Pacific making the most serious
declines. New high records for the day
included St. Paul, Missouri Pacific Rock
Island, Baltimore and Ohio, Philadelphia
and Reading first preferred Southern Pa
cifc, Missouri, Kansas and Texas pre-
ferred Wabash common and preferred,
Wheeling and Lake Erie second preferred,
st. Joseph and Grand Island first pre-
ferred Republic Iron and Steel and Amer
lean Car and Foundry. The new issues
of the Rock Island Company were again
the feature on the curb the four per
cent bonds selling up to S9l5 on transac-
lions aggregating about 100000.
The bond market maintained a firm
tone during a greater part of the day
despite the heavy realizing in Wabash
debentures which depressed them two
points. The market sold off in sympathy
with the decline in stocks. Total sales
tpar value) $4,S95, 900.
United States old As declined Il per
cent and the new As, registered, adj
vanced 1b and the new As, coupons e
per cent on the last call,
The total sales of stocks for the day
were 1924, GOO shares, including the fol-
lowing: Atchison $500; Atchison prs
ferred 1000; Baltimore and Ohio 1876, 1OO
Chicago, Rock Island and Pacific $500;
Chicago Terminal and Transportation s.
700; Chicago and Transportation pre-
ferrcd 5000; Denver and Rio Grande H.
600; Denver and Rio Grande preferred s.,
GOO: Erie $4,000; Illinois Central $500;
Louisville and Nashville 1i,400; Manhat-
tan Elevated 1900; Missouri Pacific 49,,
100; Missouri, Kansas and Texas 1890;
Missouri, Kansas and Texas preferred
II 100; New ork Central 1G,400; Norfolk
and Western $500; New York. Ontario
and Western 1900: Pennsylvania Rail-
road 72 112; Philadelphia and Reading
1850; Philadelphia and Reading first
preferred 1904; Philadelphia and Read
ing second preferred 1880; Chicago, Mil
waukee and St Paul 1900; Southern Pa
cifc 2S,50O; Southern Railway $4,000;
Texas and Pacific ~, 400 Union Pacific
47,450: Amalgamated Copper 21,2O0;
American Smelling and Refining $500;
Brooklyn Rapid Transit $500; Colorado
Fuel and Iron 5000; Republic Iron and
Steel 10000: Tennessee Coal and Iron
10. 900; United States Steel Corporation
60, 500: United States Steel Corporation
preferred 11I5OO Western Union Tele-
graph Company $500.