Daily press. [volume] (Newport News, Va.) 1896-current, 1905-01-25
Sharp Rise in International Mer.
chant Marine Stocks.
IT AFFECTS lNDUsTRlAL>
Active Selling in The Final Hour Wipes
Out Gains in Most Instanccs-Quot.
atIons and the Gossip Of Wall
Street.

tf:E Associated PresS.)
NEW YORK, Jan. 24-rhc notice.
able factor about trading in stocks to-
day was the decided subsistence of ac-
tirity. The market became almost
idle at times and the movement Of
prices was intensely sluggish until
near the close. The tone. however
showed evident Improvement over
that or yesterday and prices started
upwards brislly from the outset This
was due III large part to the less
alarming view taken OF the course Of
events in Russia. In a few individual
stocks there was resumption OF at
tcmps to lifht prices. The removed
rise in Northern Securities on the
curb revived all the long standing ri
mors pointing to the widespread re-
suits to he expected from the settle
m"nt growing out Of the Northern Sc
curiiicS. The supposed imniinence 0.
tiir announcement OF the Southern,
Pacific rcfunding plan was a contribute
AIRY cause to the trmncss Of the Harri-
man stocks.
Reports of very heavy order by rail-
roads for bridge material were a help
tn Y. S Steel. preferred. The nitia-
ton oi dividend in Hide and Leather
prcf"rrcd was Il favorable influence
on the industrial list generally. A
sharp rise III the International Merchant
Marine stocks on the curb was also
an inIlncncc On the industrial list. But
the demand for stocks easily ran out
a the higher levels in the case Of all
the days advances and there was a
Sprnkling Of declines. which kept the
tone irregular for most or the day
ir.To
market to the advance in prices cals-
cd sufficient disappointment to induce
the active selling Of the last half
hour. which. moro than wiped out the
lahorious gains Of the previous four
and onelalf hours and closed the mar
kCt weak and at net losses.
The bond market was irregular. To-
tai sales, par value, S3,565 900. U. S.
bonds were unchanged on call.
Total sales Of stocks were GIT 200
shares. Stocks Closed as follows:
Atkinson $500. ...... s. 1-2
Atchison pid . 100
Atlantic Coast Line .1on 10
Baltimore & Ohio .1Ol L.,
Baltimore & Ohio pfd ... . SO
Canadian Pacific 49,. Isl ID
Central of New Jersey -. ...l9t
Chesapeake & Ohio -. . AS
Chicago 4 Alton ..... ! IL
Chicago 4 Alton pfd .... so
Chicago & Great West ~. %
Chicago e. Northwestern .2l9 IL
Chicago, Mil & ST. Paul III. .l73
lhlcaSo Term. q Trans ..... Is is
Chicago Term. & Trans. pfu 2G
s.. =. y. ~ LOUIS . 3; rs
colorado Southern 49,. 81. .;
colorado Southern ist ptd -, 81 II
I",orado southern md pfd 20 IA
delaware 4 hudson .....lSi II
delaware. l.acka. y West $50
!NhVer q Klo Grandc .... 80 II
tFhVcr 40 Grande pfd ..... 50
i.F!c $50. .-..... .......'... ~ :'-'t
ET!e ISL pfd .. IS SIS
f.r'r md r'd -.... ....... s" II
1lGcHlnS valley ... ....... 81 IL
locking valley pid . 50
Illinois Central ...l3f IA
IOWA Centrai .. -
iowa Central piu .... 50 -
Kansas City Southern 80 II
r>'''Has Wy Hoh'ncrn pa .... % -
.."h'SfliIc NaShvIlIc 1"3 III
Manhattan T. -.-. l69 IL
Mc'r"poiltan Securities &c IA
M"'roi'olilah 81. Ky. . ll6 Il
a;. : -''''' = -
Mihheaposs 4 ~ Louis . %
Missouri paciljc - ~ 49, = 1 1o :,