St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-11-24

the activity and strength OF yesterday. and
the opening advances were generally for
large fractions, while Missouri Pacific and
Canada Southern each were LIZ per cent
higher. Great activity marked the dealings
during the FIRST hour and the upward move
ment was very pronounced, the whole list
with tho exception of the Wizards aud one
or two specialties, advancing with great rap
ldity. There was some hesitation before the
issue of the bank statement, but after that
was issued the upward movement was re-
suined and the stock market closed strong
ana active at the best prices of the day.
North American yielded slowly. and
Is alone i'll showing decline of
all The active stocks. The loss
was lis, but on the other hand
lackawanna rose 27s Rock Island, PA;
Union Pacific, 2; Wheeling d Lake Erie pre-
TERED, and Missouri Pacific, ia; Atchison
and st; Paul. 1913; Canada Southern, and
Louisville X Nashville each "A, and G. G. G.
y II. Louis per cent. railroad bonds were
as active as usual of late, and the strength of
Inc market was i'll strict conformity TO the
advance Ill the share list, the final changes
snow many marked gains among the active
bonds. The sales were 81, l5O.00o, out of
which the Texas Pacific incomes furnished
Sl23.OO0. The important advances were
burlington Il Quincy Nebraska Is ) 10 So:
Hooking Valley is, 5 TO SO; Mobile L. Ohio
4s, 2l3 10 SO: Northern Pacific 3ds. > to los,
and Northern Pacific 5s, TO So. The exports
OF specie from the port of New York last
week amounted to sos. 4S9, of which $73.-
562 was in gold and S434.927 silver. The
imports of specie amounted 10 1892, .. of
when 500, 40 was i'll gold and $26.S05 in
silver. The trade III petroleum was very
light to-day, only 5000 being dealt in at
both exchanges. The opening was firm, then
the market became dull, and remained so
until the close. The Post says: London was
againa buyer of stocks this morning and the
early prices there were higher than the clos
Ing figures here last night. Discounts there
are easier and the whole financial situation
there is Improving. But London is not the
leading factor in the advance in stocks now
there will be still locked up in the mass
or from S1OO,u00.O0O to SSO0,O0J,-
0!O of Argentine securities. which
Will have to be nursed by the addition of
other capital, while the syndicate of bankers
who hold them will necessarily have to as
sumo practical protectorate over English
hnances aud Argentine politics The weak
ness IN stocks and railroad securities had It's
origin IN London, but the recovery which
seems TO have set in at last after six months
OF decline is almost entirely due to the buy
ing OF stocks by American capital, a large
part OF it being the capital of the general
iators in stocks. hut only come as
great and radical change of values
The lowest prices for all stocks which have
Nov: 10. Is and 10. From that point there
has been general recovery of from 4 to 6
points in the last week, though this still
leaves all the. active stocks from l8 to %
points below their prices in May. Sales of
stocks today were 223. $50 shares, including
Atchison. 16,595; Delaware, Lackawanna &
Western, $50 Lake Shore, ID; Louis
vile Il Nashville. 1872; Missouri & Pacific,
$3.50; North American, l1,S1I; Northern
Pacific, z, 100; do preferred. 17.O7S; New
England. i, 445; Pacific Mail, 2,S25; Read
ing, 2.72u; Richmond IL West Point, IA,
O57; st. Paul, 20.01o; Union Pacific, IL,
$50.