St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-01-31
BROADER MARKET.
No Effect Produced ON Wall
Street by WINDOWS Death.

NEW YORK, Jan. 30-While the death of
Secretary Window produced genuine sorrow
in Wall street to-day 1t had no apparent IN
fuence upon the speculation. The market,
however, at least during the morning hours
to-day was broader and stronger than usual
of late to which the utterances of Secretary
Window last evening aided, but there was
again an evident support given in the Gould
stocks and Vanderbits, Lake Shore being
specially prominent in the rise being
helped by rumors of increasing earnings.
There was at the same time excellent
buying of Union Pacific, Missouri Pacific
and Wheeling 4 Lake Erie, all of which were
conspicuous for the advances scored in the
early dealings. Burlington continues to be
the weakest spot in the market, and while
there is some buying i'll 1t the traders and
bears have made it a favorite for their at
tacks. The Northern Pacific became very
weak late in the day, and this in spite OF the
publication of a dispatch which declared
that it had been decided to make the next
dividend at the rate of per cent per &nnum.
The story had so much the appearance OF be-
ing put out to sell the stock upon that there
was rush to realize on the profits OF the
late rise, and material loss resulted IN the
short time remaining to do business
in. This decline was also fastened by
rumors that by reason of large treasury alb
sorptions during the week the bank state
ment would show material loss IN reserve
This, however, could be easily withstood. as
portion of the funds which have accumulated
in their vaults for the past four weeks The
market opened at irregular but small changes
from last nights figures, and soon developed
strength on the buying noticed, London CIV
ing some aid in this direction. Considerable
activity marked the upward movement but
the demand was soon satisfied and prices
dropped, when dizziness became the leading
feature. Stagnation ruled during the first
two afternoon hours and it was only
late in the day with the selling of
the Northern Pacific and Union Pacific
and the buying of the new sugar stock that
any animation was again seen. The close
was quiet but weak at insignificant changes
for most stocks, The only ones of import
ance were losses of 11S in silver and per
rose ia Sugar. new stock, /, and Wheeling
q Lake Erie preferred, 1l2. Railroad bonds
were quiet, with well distributed business
of S12, go, 900. of which the Erie seconds con-
tributed 100000. There was very little tone
to the dealings however. and slight and If
regular changes resulted from the days OPP
erations. The important changes are few,
with a majority Of declines. Government
bonds have been dull and steady. Stale
bonds have been dull and featureless
Petroleum opened weak and declined sharp
ly on the early trading, but in the afternoon
the February option advanced sharply in
sympathy with an upward movement in the
West. A reaction followed, on which the
Spot, opening 74c; highest, 74c; lowest. 74c;
closing, 74c February option opening 741ac;
highest, 76I2c; lowest, 7358c: closing, 1850.
Lima Oil-Opening. zoe; highest, zoe; low
est, zoe; closing, zoe. Total sales, $4,000
bbls