St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-11-13
we're narticularly strong. NORTHWESTERN

advanced on the announcement OF Sl04, O0O
increase in its earnings for the first week of
November. Early in the day Kansas u
Texas and Texas Pacific were taken up and
given sharp advance, forcing the parties
who sold few days ago to cover at big
loss. 1t was stated that Henry Clews sold
a line of over 20, 900 shares Kansas & Texas
around %, good share of which he COW
cred to day above 80. The parties inter-
ested in these stocks were very sanguine,
and talked of As for Kansas d Texas and
So for Texas Pacific. Erie securities were
in great demand. the seconds selling up to
So. The WOrmsers, who are alleged to be
special patrons of this stock, said that the
seconds were marked for IS and the common
stock for 80 on this rise. Manitoba pur-
sued rather cratic course, making quick
advances and sharp declines, but on the
whole ruling strong. After the
early advance the market became
general well sustained Sales to noon
were 1868, OS2 shares. After running along
in quiet, uneventful way for the greater
part of the day, st. Paul suddenly took an
upward squirt, advancing to 941ac. A little
later the market in this stock eaSed Oft a
fraction, but prices were, on the whole,
well sustained. 1t was stated that arrange
ments had been made to provide for the
four past-due coupons on the Erie seconds.
Northern Pacific was very strong; its earn
ings were represented to be making very
favorable showing, the statement for the
first week in November giving an increase
of SIG, 1913. Pacific mail doomed into activ-
ity again, recording an advance OF about
one point. The trading was very large,
particularly in st. Paul. and about the only
selling INDUCED in was in the way Of real
iZing.
NEW York, Nov. II Government bonds
dull and steady. State bonds active and
strong. The railway bond market was again
very active, the total sales to-day amounting
to So. 096, 900. There was u moderate specu-
latiVe business in some OF the issues at the
Atlantic & Pacific, Chesapeake & Ohio, East
Tennessee, Virginia & Georgia, Missouri,
Kansas & Texas and Texas Pacific coupons,
sales of $671, coo Erie I'd consols, which closed
15s higher. The Chesapeake u Ohio is, series
Is, coupon off, are up ~, Kentucky Central
lists 81, Texas Pacific land grants ~. The
stock market to-day was very active, the
sales for the forenoon amounting to 3bS, l0U
shares. During the afternoon there was
somewhat less active market. The total sales
for the day foot up 694447. AS usual very
large portion OF the business was confined to
few stocks. The sales of Erie common
alone were l01, 500 shares st. Paul, Missouri,
Kansas & Texas and Reading with transac-
lions ranging between 1880 and A, 700
shares each, and Northwestern, Lake
Shore, Northern Pacific and Texas g. Pacific
each with sales between 35,0 09 and $4,000
shares, together with the business IN Erie,
make total of the eleven stocks OF 467.000
shares The market was strong during most
of the day, and yet the advances in many cases
were only fractional. The most active stocks,
however, made gains of Ia to IL per cent,
and for these stocks the highest prices were
reached late in the day. Erie opened with
AN ADVANCE
of a, at25A and on very small reactions rose
by 2 o'clock to 26ss, gain of ~. The pre-
ferred advanced IA to 5i1a St. Paul made
an equal gain, touching 50 after 2 p. M. the
highest quotation which it has reached this
year. The preferred rose IN. Missouri,
Kansas & Texas rose IA and Reading l1s per
cent. The other seven moderately active
stocks gained only fractional amounts, except
Northern Pacific, which rose 19s per cent.
Texas Pacific Il and Pacific Mail IN. Pre-
dictions have been made for several days past
that the stock last mentioned would make
decided advance at an early date. After 2
o'clock the market was comparatively steady
for half an hour, but during the last half
hour decided weakness was developed in
some of the most active issues aud prices de-
clined from % to over per cent. The mar
ket closed excited and weak and irregular.
The advances however, exceeded in number
and amount the declines. St. Paul lost ill
but Il of the total gains for the day and
Northwestern is down "a per cent There
was heavy realizing in these stocks. 1t was
reported from Chicago that there was also
heavy realizing In Missouri, Kansas IL
Texas at little above 49, but
stocks showed considerable strength in
THE FINAL DEALINGS,
and closed with net gain of q per cent.
nh
advance of l, Pacific Mail and Reading each
IA and St. Paul preferred IL per cent. The
other advances are fractional. Delaware &
Hudson Is down IL, New Jersey Central,
Manhattan Consolidated and Michigan Cen
trail each IA Louisville & Nashville % and
others smaller fractions. The report Of the
operations of the Lackawanna leased lines
for the quarter ending Sept. 30 shows net
balance over taxes, rentals, etc., of S467,974
an increase over the same quarter last year
of $145,220. The railroad earnings reported
to-day include Oregon Navigation, Canadian
Pacific, Northern Pacific. Rochester & Pitts
burg Northwestern and Illinois Central, and all
OF them show gains. Northwestern is the
most prominent with an increase over the
first week of November last year of S104,200
Oregon Navigation gained $4,000 and others
smaller amounts.
The total sales of stocks to-day were 1914, AT
shares, including Canada Southern, 1926;
Delaware, Lackawanna s. Western 2z,450;
Erie l0l, SIS; Kansas s. Texas, $4,000; Lake
Shore, 34,4i9; Louisville 6 Nashville. 1915:
Northwestern, $1,000; New Jersey Central
$685. New York Central, 1880; Northern
Pacific 1855; Ohio Central, 3,195; Pacific
Mail, 2OS, 995; Peoria, Decatur & Evansville
1856; Reading, 4t,705; St. Paul. $1,000; st.
Paul s. Omaha, $3.50; Texas Pacific, 26, $50;
Union Pacific, 1880; Western Union, $4,000:
Northern Pacific preferred, 33,140; Oregon
Transcontinental, 1920.
QUOTATIONS OF STOCKS AND BONDS.
Following are the closing prices bid yester-
day and the three preceding business days:
Mon Tues Wed. Thur