Evening star. [volume] (Washington, D.C.) 1854-1972, 1909-01-18
NOT So STRONG TODAY
Market Animation Less Than
That of Saturday.
QUITE EXTENSIVE GAINS
New York Central and Local Trac-
ton the Features.
NO LITTLE IRREGULARITY
NO LITTLE IRREGULARITY
So-Called Railway Specialties for
Most Part Exhibited Re
dictionary Tendencies.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, January 1S.-The stock
market today made rather poor show
ing in comparison with the genera!
strength and animation which were dis
played In Saturdays dealings. At the
same time number of stocks which
we're then conspicuous in the trading
continued prominent today. the most note
worthy instances being New York Cen
trail and the local traction shares. New
York Central was exceptionally strong ir
the American department of the London
stock market. and that security was one
of the leading features of the local
market
While at one time or another all OF the
local traction securities scored quite eN-
tensive advances. the dealings there new
ertheless exhibited no little irregularity.
particularly in the case of the Interboro
Metropolitan issues.
There was no very definite explanation
of the especial animation in New York
Central. although the upward movement
III that stock has now been so we'll sus-
tanned as to set on foot innumera BILE ru-
mors in connection with the rise. Thus far
such reports as have been disseminated
have not been OF a character to appeal
strongly to the judicious.
Other firm features of the railway list
were Chicago and Northwestern South
ern Pacific, Norfolk and Western and
Western Maryland. With the exception
OF the last named stock, the so-called
railway specialties for the most part eX-
hibited reactionary tendencies. There
was. however, little actual news or inter-
estfnS and novel gossip in connection
with the transactions in one stock or
another.
Amalgamated Copper Notably Weak
In the industrial and miscellaneous
group. Amalgamated Copper was notably
weak. and In that instance a decline in the
metal might be referred to as accounting
sufficiently for the course of the stock
The dividend on Amalgamated Copper
should be acted upon on Thursday of the
present week. United States Steel COM
mon was dealt in upon a fairly large scale.
but Hctuated irregularly after somewhat
spirited rise during the forenoon session.
American Cotton Oil also lost large part
OF an early substantial rise.
Money market and foreign exchange cir
cumstances showed little alteration aside
from sharp rise In the rate for sterling
cables. doubtless in connection with the
subscription to the London portion of the
Russian government loan.
Subscriptions were closed for this is
sue In London at o'clock today, and
1t was stated that the offerings had
been largely oversubscribed. The pre-
MUM quoted was. however. somewhat
smaller than that reported Saturday.
Operations here for foreign account
were upon negligible scale, and the
bulk of the days transactions was made
up of the ventures of the professional
traders of the boardroOm.
The commodity markets were firm
but il is little early in the season for
the stock market to derive much inspira-
ton from the course of affairs in the
Chicago wheat pit.