The age-herald., 1902-02-06
STOCK MARKET
 A DULL AFFAIR Many SpaSmotic Attempts to Awaken Public Interest. ALL EFFORTS UNAVAILING Speculation In Amalgamated Copper Was Very FeVerlsh, the Price Run- ming of 19s During the Morn-
 Ing on Break in London.
ALL EFFORTS UNAVAILING

New York, February 5.-Today's stock market was a dull affair again in spite of spasmodic efforts of professional trad CTS and speculative pools to awaken general movement in the market. By the time they succeeded in moving prices at one point depressions would develop in another. and in consequence the dull movement was irregular all day. Striking movements in closely-held high-priced in- vestment stocks continued a feature. The significance of these movements was not disclosed, although traders sought to make the most of them for their sympa- thetic effect on the general list.
 These apparently sensational move ments on a very small volume of trading are a natural consequence where the stock of a company is closely held for purposes of control of centralized in the hands of a few conservative and power full capitalists for investment who are quite uninfluenced by the course of prices In the open market. Among the stocks so moving were the Chicago and North western, American and United States Express and Lackawanna. Nashville,
 
 vanced 101A yesterday, reacted 35z today. but closed with net loss of only ?. The recent sensational upward movement in Lackawanna is associated with the ru- mors of control of that road in the in- terest of an outlet from the Wabash system. The Wabash stocks were very firm today in the same connection. An other center of speculative interest was Sto i,, fiuence of published reports from Phila- delphia of the formation of a securities company to hold Metropolitan Street Railway stock and possibly other local traction companies.
 Manhattan was the most active of this group and Metropolitan Street Railway, after an upward squirt of 1A, declined on proft-taking, falling 1% below last night during the day and pulling the other local fractions down with 1t. The speculation In Amalgamated Copper was very fever tsh, the price running off 12s during the morning on the further break in the Lon- don copper market and the slump in Rio Tintos. The steadying of the London cop per market and reports of a panic amongst the bears in Rio Tintos rallied Amalgamated Copper to IS over last night, and 1t was an effective factor in the late raHy in the New York stock mar
 
 Southern Pacific took that stock vigor- ously in hand and pushed it up 1% on very large buying. The general market rallied in sympathy with St. Paul and recovered a fraction over last night and number of transcontinental stocks at least one point.
 Other features of strength were the To- iedo' St. Louis and Western stocks and the Junior Vanderbilts on rumors of ab- sorption of the former by Vanderbilt in- terests. Minneapolis, St. Paul and Sault Ste Marie preferred added Az more points to its upward course. The recent buying or sugar continued, but it's net gain was only a fraction. There was no general in- huence effective in the market at any time beyond the disposition to dullness caused by the export movement of gold and the unsettled question of the North ern Securities Company's case
 The bond market was only moderately hctlVe but was inclined to be firm.
 Total sales, par value, $4,7400O0.
 United States refundlng 2s advanced h per cent on the last call.
 New York Stock Market.
 By Private Wire to Murphy & Ca