St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-01-21
FINANCIAL.
New York.

NEW YORK, Jan. 20 - The stock
market was active during the two hours
of business today. the transactions az :
gregating almost the same number of
shares as was sold during the whole OF
yesterday. The opening was strong
and higher In harmony with the London
market for American securities, and a
very bullish feeling prevailed due to
reports of an unusually favorable bank
statement, which was subsequently veri-
fed by the publication of the figures
which show that the associated banks
now hold surplus of eighty million
dollars in excess of the amount held last
year al this time.
AS result of the weeks speculation.
large majority of the shares traded in
show advances. the most notable being
Z in Evansville & Terre Haute; 4I D.,
L. 81 W.; AZ in Lead preferred; 4 do
ferred; 33a Northwest t; 81 New York
Central and Pullman; 3 Consolidated
Coal of Maryland; 23l Canada Southern;
| 2X Rock Island; ~ st. Paul, l.. q N.
and Great Northern preferred and
Iowa Central PREFER ed, and 2 per cent
Reading, Southern p acific. c., C., C. d
| st. Louis, and N. q st. l.. preferred.
| The miscellaneous and railway bond
| market was strong throughout the day,
Louisville & New Albany consol IS adj
| vancing ~; Hous ton & Texas Central
| general is u.
Among the declines were Chicago &
Erie incomes sold at 80 against BIZ
| Jan. 9: Indiana, Illinois & Iowa firsts
sold at SOM against 70 Jan. 5.
The changes for the week are mainly
| IN the list OF advances, the market
being generally strong throughout ex :
| cept for the Inactive Issues.
Inc prominent advances are Duluth
& Manitoba trsts, So; Chicago Junc-
| ton and Union Stock Yards fives, Az
Chicago, St. Louis & Pittsburg firsts
and East Tennessee consoi gold fves,
each 4; Oregon Improvement fives, so !;
| Chicago q Erie incomes and Fort
| Worth & Denver City skies, each 81 4;
| Long Island firsts and st. Paul Iowa &
Dakota extension frsts, eacn3; North
ern Pacific seconds, 2; Northern Pacific
thirds. ~; Reading irsts, preferences.
| 2I; Reading seconds, 25s; Reading
thirds, 20; Reading general tours, ~.
| The declines are: Fulton Elevated
| IS, 1719; Missouri Pacific Consol 6s, 9:
st. Paul, NJ. & NJ, Montana extension,
As. 5; Louisville, StLouis 81 Texas lists,
| AZ; Cedar Falls Il Minneapolis lists,
and Detroit. Bay City 81 Alpena lists,
each AZ; Erie lists. AZ; Atchison, Colo
| lduO C dCiuC 1918, W, u, ". " l.. gen.
erals, Duluth, South Shore q Atlantic
IS, and Evansville s. Terre Haute lists,
each per cent.
The Post says: The better feeling
| encouraged by the government loans
| Immediate and remarkable success
| chiefly controlled the stock mark ct
again today. In the first half-hour, de-
| spite the unresponsiveness of London,
prices advanced rapidly, and, though the
movement subsequently met a check
from realizing sales, the net gains of
the day made are considerable. This
! returning cheerfuIness found further
matter in the weekly trade statement.
| Such sketches, though they show at
| present nothing sensational, do at least
| agree in proving that the darkest hour
of after-panic stagnation is already
| past.
The Total Sale of Stocks
today were $4,000 shares, including:
Atchison, $500; American Sugar, 16. 100 ;
! Burlington IL Quincy, $500; Chicago
| Gas, 7,l00; DlstiIIers' and Cattle Feed
ers', 1850; General Electric, 2, 700; Lake
| Shore, 3.700; Louisville & Nashville,
| $500; National Lead, $500; Northwest,
3.2O0i Omaha, 3,400; st. Paul, 90. 700;
Rock Island, $500; Silver certificates,
l5.000; Union Pacific, 1850; Western
| Union, Ii, 400.