St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-09-21
FINANCIAL
New York.

NEW YORK. Sept. 20.-Today's stock
market was practically featureless. A
small volume Of business was trans
acted. The market opened this morn
Ing under the influence of unfavOrable
Washington adviceS, and the buyers of
yesterday afternoon became sellers,
the consequence being decline in the
first figures and gradual lowering of
quotations. There were some few Lon
don orders to buy st. Paul. Reading,
Union Pacific, AtckiSOn and Erie, but
not large enough to affect The prices,
and Louisville d Nashville was sold to
a small amount by London houses. 1t
was not until near noon that the
market rallied temporarily, and for
some time thereafter prices fiuctu-
ated fractionally from one side
to another on room trading. Late in
the afternoon the best prices of the day
were made generally, but in the final
dealings depression again characterized
trading, and the close was heavy.
Quite good buying movement for Del
aware, Lackawanna e Western, which
usually makes little mark III the deal
lngs. was developed, and, on purchases
of 1000 shares, the stock moved up from
140M to 1881, closing at 14O56. Sugar,
Chicago Gas and st. Paul were the only
atocks which moved with any degree of
activity, and all three scored decline
on the days transactions of /,
g and a per cent respectively.
and 4 per cent respectively. The
other leading declines compared with
Yesterdays closing figures; Edison Elec-
trio Light, 4; American Tobacco. q;
Canadian Pacific. ~, and Hooking VAL
ley. Union Pacific, Denver and Gulf,
Susquehanna Western. each L per cent
majority of the stocks traded, how
ever, show an advance on last nights
figures, including Pullman Palace g.;
Louisville, New Albany & Chicago,
trust certificate, 15s: Cotton Oil. 136,
and Des Moines & Fort Dodge, l per
cent. There was quite brisk demand
for stocks in the loan crowd. Louisville
u Nashville loaned at "a per cent. The
railroad bond market was irregular, DIFF
ferent issues of the same road moving
l up, the other down. Chesapeake &
Ohio is rose 21a, while the
AIS declined l per cent. Mime
apoliS u st. Louis ana Iowa division
frsts fell off 5. while the main line sec
onds sold up 3 per cent. In the adj
vance list are Milwaukee, Lake Shore
~ Western extended lives, 6; Detroit
Union Gas consols tives, 5; Houston &
texas CenlTdl HrStS, 4; Lake SnOre sec
onds and Fort Worth IL Denver City
SKIES, 2; Ohio 81 Wisconsin consols sew
ems and Chicago & North Pacific firsts,
IL, and Laclede Gas fives, l per cent.
The issues which show decline are
Chicago & Eastern Illinois consols, 4;
Seattle. Lake Shore & Eastern firsts,
2M; New York Central debenture fives,
2; Morris & EesseX guaranteed frsts,
1$4; Central Pacific skies of '9S, 10, and
Northwest tours and Kansas City Il
Northern real estate sevens, per cent.
The Post says: Such slender interest
as has been attached to the stock mar
ket throughout the week has been pure
ly of negative nature. Stocks have
attracted attention, not because they
have declined or risen either to an ap-
preciable extent. The only feature of
the market has been its elasticity and
resisting power, and the ease with which
prices bounded back after depression.
Large operators have stood aside and
delivered the market over to the room
traders, who have waged miniature war
fare on one anOteer. The short interest
meanwhile grows more uneasy and rest
less at the ease with which the market
rises. At the same time there is an in
creasing firmness in foreign exchange,
due to the demands of importers and
the small supply of commercial bills.
Stocks Closing