St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-11-05
DIRECTORS
FINANCIAL.
New York,

New YORK. Nov. 4.-The stock market
on the whole TO day was dull AMI Irregular,
but strength predOminated in the early deal
ings and weakness in the final trading, with
period of almost utter stagnatiOn between.
There was good buying from London this
morning, but the support from domestic
operators was slight. Late in the day there
were large Withdrawals OF money by Boston
institutions and the rate for money on call
was run up to Is, with at the same time a
heavy selling movement in Texas Pacific
securities, most of which is for the account
of failed Boston firm which held large
amounts of both the stock and bonds.
The money rates caused the selling of con-
siderable short interest in the general list,
and prices yielded materially all along the
line, although the effect was to wipe out the
early advances. The trading of the day was
confined almost entirely TO AtchisOn, St.
Paul and Chicago Gas. The strength in ST.
Paul was most pronounced i'll the morning
after the issue of the October earnings, which
for the fourth week were the largest of any
week in the history of the company. The
grangers were all benefited by this and even
Rock Island, which showed a loss for the
same week, advanced. The opening prices
were small fractions better than Mondays
finals. Large fractions were added to these
gains among the active shares during the
morning.
The movement attained no great proper
tons among the rest of the list and died
away completely before noon. Prices then
settled away on a very limited business until
the last hour, when the bidding up of money
and the weakness i'll the Texas Pacifcs
weakened the rest of the market, and in most
stocks the early gains were neutralized. The
movement was irregular. however, and the
final changes are equally so. but the only
active stock that Sympathized to any extent
in the decline was Rock Island, viii ch
shows loss for the day of lis per cent. while
Texas Pacific is down lac, and Chicago Gas
IS up 1c. The close was dun and heavy at
ele concessions.
The Post says: The election rather than
the market was the topic OF interest to-day,
and stocks moved only ina languid fashion.
London arbitrage brokers bought ON the
basis of LondOns higher level and this adj
vanced ST. Paul and one or two other stocks.
In the industrials, too there were some ac-
tive manipulation by the bull pools. The
general market however was duh and fiat.
An effort was made by the room traders on
the rumOrs OF run on Boston savings
bank, but the endeavOr met with small sue
cess. An interesting feature of the market
was the abrupt fall in the price of silver, CO.
incidental as usual with the resumption of
government purchases. If the bulls on sill
yer were capable of the encouragement this
would be a trying experience but they Will
doubtless be ready again with the rose-col-
ored predictions in the middle of the month
Total Sales of Stocks
to-day were III, sG5 shares, including:
Atchison 80. -. %. 1851 North. Pac. pfd Ii. 400
Chicago Gas, %, 5i5 Reading .. 1850
Del, Lack. " W. S,U0Oi Hlcn. q w .POlnt. 4.S9J
Erie ID $50 ST. Paul ......... 81, $40
Missouri Pacific. 3.407 Texas Pacific. 1850
North American. 1920 MON Pacific. -. 4.34S
StOcks-Closfng.s
Atchison - 42I2lU. p, D. 4 c.. IS
Adams Express .145 North western ZIG
Alton IL Terre H.. 80 do pfd -. - 139
do pfd.. .125 n. Y. CeDtral. 1117s
Am. Express. .117I2lN. Y, c. d ST. L. 1914
D., C. r. & NJ. 30 do pfd .. so
Canad'n Pacific. SSs4 Ohio & Miss. 49,. 225s
Can. Southern 59Is do pfd . IS
Central Pacific. 81 Ontario & West'n. 10
Ches. & Ohio..... 25ss Oregon Improv't. "a
90 LIST pfd...-.. 80 Oregon Nav. "a
do I'd pfd....... 50 North American. IS
Chi. & Alton. ....137 Pacific Mail 800 36Ia
Chi, b. Il O.. 97s4 p, ID. & E 1912
Rio Grande West 72I2 Pittsburg ..14S
do pfd ......... 81 <Pullman P. Car 175
c., T., C. & StL 7CIs Reading 1913
Del. & Hudson. ..12S Rock Island -. 81
D., L. & West'n. 1904 StL.&S.F. LIST pfd. 7614
d. & R. G. pfd -. AZ st. Paul. ........ 75ls
East Tennessee. 9 do pfd 1isIa
do LIST pfd ...... a st. P, NJ. d lib
do I'd pfd. ...... 1872 ST. P. d Omaha. 33l2
Erie .-....... -. 29s4 do pfd. -. 49,. 90
do pfd. 6SI2 Tenn. c. L. L.. 3714
Fort Wayne. .152 Texas Pacific. 1f5s
Chicago & Z. Ill., 80 Tol. Il o. C. pfd so
Hooking Valley. 3lA Union Pacific -. 40ls
Houston & Tex :. 2a4lU. s. Express 50
Illinois Central. .101l2 Wab., st. L. 4 p. 1912