St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-01-22
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
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 at this time.
AS result of the weeks speculation.
large majority of the shares traded in
show advances. the most notable being
e In Evansville Il Terre Haute; AZ D.,
L. 81 W.: Az in Lead preferred; 4 DO
common; Lake Shore. 81 Cotton pre-
ferred; 35s Northwest; 81 New York
Central and Pullman;3 Consolidated
Ccal of Maryland; 2% Canada Southern;
25s Rock Island; 81 st. Paul. l.. " n.
and Great Northern preferred and
Reading, Southern Pacific. c., c., G. 81
st. Louis, and NJ. & st. l.. preferred
The miscellaneous and railway bond
market was strong throughout the day,
Louisville d New Albany consol IS ad-
Yancing u; Houston IL Texas Central
general IS II.
Among the declines were Chicago &
Erie incomes sold at So against 3119
Jan. Q: Indiana, Illinois d Iowa firstS
sold at o0s4 against 7S 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.
The prominent advances are Duluth
q Manitoba tirsts, SO; Chicago juno
ton and Union Stock Yards fives, Az ::
Chicago, st. Louis & Pittsburg firsts
and East Tennessee consoi gold fives,
Chicago 81 Erie incomes and Fort
Worth & Denver City skies, each 81 {;
Long Island firsts and st. Paul Iowa d
Dakota extension firsts, eacn 8; North
ern Pacific seconds. 2; Northern Pacific
thirds, 219; Reading firsts, preferences.
2Y; Reading seconds, 25s; Reading
thirds, 90; Reading general tours, ~.
The declines are: Fulton Elevated
IS, 171a; Missouri Pacific CousoI Gs, g.;
st. Paul, NJ. 81 NJ, Montana extension,
IS. 5; Louisville, St.Louis " Texas lists,
~; Cedar Falls u Minneapolis lists,
and Detroit, Bay City & Alpena lists,
eacn 90, Erie ISIS, 412 Atkinson, Colo
RADIO & Pacific lists. c., c.. c. IL l. gen
erals, Duluth, South Shore & Atlantic
5s, and Evansville IL 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 market
again today. In the first half-hour, de-
spite the unresponsiyeness of London,
prices advanced rapidly, and, though the
movement subsequently met check
from realizing sales, the net gains of
the day made are considerable. This
returning cheerfulneSs 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-panlc stagnation is already
past.
The Total Sales OF Stocks
today were 120,9OO shares. including:
Atchison, $3.50; American Sugar, Is. 100;
Burlington IL Quincy, $500; Chicago
Gas, 100; Dlstillers' and Cattle Feed
ers'. $500; General Electric, 300; Lake
Shore, $500; Louisville IL Nashville,
$500; National Lead, $500; Northwest,
$500; Omaha, 3,400; st. Paul. %. roo;
Rock Island, $500; Silver certificates,
$4,000; Union Pacific, 1900; Western
Union, Is, 400.