Morning journal and courier., 1890-11-13

Better Feeling Both in the Market
 and on the Street-Inactive Special.
 ties Taken at Advancing Figures-
 Money still Tfght-The General List
 Very Feverfsh-The Close Active and
 Strong.
 NEW YORK. Nov. 12.
 Railroad bonds were active and showed firm to strong tone in close sympathy with the stocks. While many issues showed losses from last previous sales, they are those which have not been traded in for many days The active issues are almost invariably higher tonight and the close was stronger. Sales a, 900 for the day.
 The stock market to-day showed @ materially better feeling both in and out on the street. The action of the clearing house committee in com ing to the relief of the banks in difnculty re. stored the condition of many, while the improve ment in the situation abroad was also power full factor to that end Not only were the active stocks much higher all day long, but the inactive specialties which to-day could not find buyers at any price, were to-day taken at constantly advancing figures and the heavy slump in those shares was in great measure made up. The inn pression is that the whole situation has been changed for the better and the improvement in the condition of affairs will be followed by higher prices all along the line. The unfavor- able factors to-day were the continued sales under the rule, both for the account of the sus- pended firm of Decker, Howell & Co. and for the accounts of two other brokers whose suspension was announced during the day. They, however, created little disturbance in the market There were still rumors of further troubles in financial circles and the North River bank went into the hands of an examiner late in the day, though the fact was not made known until after the close of business The foreigners were heavy buyers all day long. Money was still tight at the exchange and premium of one-eighth was exacted for use over the day, while it was be- lieved that banks were loaning to their custom CTS on satisfactory coaterals at rates even lower than the legal figure. The buying was through out of the most confident character and reflected an easier feeling both in money and as to the gen. eral situation. The report that Mr. Gould had acquired control of the Union Pacific was used for all it was worth but tho official denials mi l tated against it.
 The stock showed no response to the story and to-day was only fairly active and moved over a comparatively narrow range. North American stock was sold heavily, and while taken freely failed to advance with the remainder of the lis, and was especially sluggish in comparison witt the Northern Pacif1cs. The general list was very feverish, but there was an almost continuous ad vance in prices from the opening to the close.
 Stocks opened to-day with advances of iron
 one to three per cent, and although the selling l was very heavy in the early trading, the de mand was such that the list failed to go mucl
 under the opening prices. The Northern Pacif
 ics took the lead in an upward movement abou
 il o'clock, and before noon the entire list fol
 lowed, placing prices materially higher. Tn l gains extended to everything traded in and tn fluctuations in few of the specialties attracte' considerable attention, Pullman dropped t. 168, the lowest price for a long time, but recov l cred at the close. The market became muc
 more settled in tho afternoon and compare
 lively dull feeling was felt in the line. They wer not of long duration, however, and the buyin movement took on increased force toward tn ! the end of the session and the close was activ
 and very strong at about the highest prices c r the day.
 Closing prices reported over the private wire | of BUNNELL & SCRANTON, Bankers an