Daily press. [volume] (Newport News, Va.) 1896-current, 1909-01-24
But Professionals Working for Up.
ward Movement Unsuccessful.
BUYERS WILL NOT Be ATTRACTED
Individual Dealers in Stocks Fight
Shy Of Manifest Efforts to Attract
Speculation by Manipu;ative Mark.
ing UP Of Prices.
(By Associated Press)

; NEW YORK. Jan 25.-Tne profess
! sional operators who started an up
ward NOV ement of prices on Thurs
day which reached its extreme FIJI
day continued the reverse operation
today. The movement; was unac'
Companied by any striking develop
ment in the news, and may be ascriD-
ed safely to the demonstration OF the
futility CT the effort to attract fol
lowing on the buying side by the de-
vice Of marking up prices. Decisive
notice come from Paris in the move
ment OF the discount and sterling ex-
change rates there that Paris de-
mands on London for gold will be
pushed no further for the present. The
private discount rate fell y per CEN.
and the sterling exchange rate rose
, full centimes TO rs frances Is CEN
times.
Increasing pressure is manifest to-
find employment for funds in New
York, an active demand for CONNER
cial paper being a feature.
The successive large issues OF new
bonds in New York, the withdrawal
OF government deposits from the ma
tional banks and the building up OF
trust company reserves are not pre-
venting the growth CT the surplus
reserves Of the clearing house banks.
Bonds were firm. Total sales. par
value. $3,16S.O00. U. S. IS have de- /
clined Is per cent on call during |
the week.
Total sales today $4,000 shares.
including Sugar. 200: Atlantic Coast
Line. 100: Chesapeake & Ohio, IT,
500: Louisville and Nashville 100;
Norfolk and Western. 1900; Sloss
Sheffield. 400: Tennessee Copper.
700: Union Pacific. $1,000: United
States Steel. 1920: Virginia Caro-
lima Chemical. 14.400. preferred. 100.
Amalgamated Copper -. 80. 7S$
American Car & Foundry 80. 49A
American Car & Foundry. pfd 1851
American Cotton Oil -. ..... "a
American Hide & Leather, pfd 41S
American Ice Securities ....... e2A
American Linseed -. -. .... IA
American Locomotive -. 80. 56+
American Locomotive. pfd 80. liz
American Smelling & Ref'ng :. Sc
Amer. Smelling & Rerng. pfd 1921, |
American Sugar Refining 80. 1921 |
American Tobacco. pfd ....... S2h
American Wooden -. -. ..... 2sk
Anaconda Mining Co. ..... 4SX
Atchison -. ..-.. 99A
Atchison. pfd -. -. ......... lOlH. |
Atlantic Coast Line -. $500. 10TH
Baltimore & Ohio -. ..... 112h
Baltimore & Ohio. pfd ..... 931s |
Brooklyn Rapid Transit ..... 70h
Canadian Pacific -. .......-. lIiN !
Central Leather .. 31S |
Central Leather, pfd .......... lolA
Central Of New Jersey ...... 232
Chesapeake & Ohio -. ..... 61%
Chicago Great Western ..... N
Chicago & North Western 49,. lis
Chicago. Mil. & ST. Paul 80. l4S& |
c., c., c. & st. Louis ....... 10A
Colorado Fuel & Iron ....-... Az
Colorado 4 Southern ... 66k !,
Colorado & Southern, LIST pfd ssh
Colorado & Southern. End pfd S0% |
Consolidated Gas -. ..... 1868
Corn Products 80. lSfs
delaware & Hudson .... III
Lenyer & Rio G.ande " 80. 1914
Denver & Rio Granje, pfd ...- 7sA
Distillers' Securities -. ..... 3s%
Erie .... .... ... 49,. 30k
Erie Is, ptd $500. ....... ASK
Erie, End pfd ...... ....... 35A
General Electric -. ....:-. 15S
GreA Northern. pfd .-........ li3S
Great Northern Ore Gifts. .... q
Illinois Central -. ....... 1854
Electromagnetic. 80. go. :. 1sb
Electromagnetic, pfd ..... AA
International Paper -. -. -. liz
International Paper. pfd -. -. 55h
International Pump " -. 49, 3s1
Iowa Central -. ...... s1H
Kansas City Southern ..... AIS
Kansas City Southern. pfd -. 73h
Louisville 4 Nashville .. 122
Minneapolis & 81. Louis 1890. IS
MINI. ST. p. & Saul; St. o.. :. IHh
Missouri Pacific -. -. .... 20
Missouri. Kansas & Texas -. i2S
Missouri. Kansas 4 Texas. ptd 7sh
National Lead " 49, .. s5a
New York Central ... 1854 l
New York. Ontario 4 Western fsS
Norfolk q Western -. ... 20
North American -. " . IN
Northern Pacific 80. -. ..... 1901 |,
Pacific Mail -. -. ........ ash