The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-09-03
NORTHWEST RUSHED UP BY THE
BULLS TO SAVE THE STOCK
LIST.
NET CHANGES IRREGULAR.
EARLY, CAME OUT AHEAD ON
THE DAY.
BOND MARKET LESS IN EVIDENCE
In Spite of a Falling OFF in Activity,
Prices Were Fairly Well
Sustained.

NEW YORK, Sept. 2.-The character of to-
days stock market was very similar to that
of yesterday, individual stocks being rushed
to a high level to stimulate and sustain the
market, while realizing was effected in other
parts Of the list. The Vanderbilt stocks were
selected today for manipulation and the
price Of each member of the group was sue
c~essively raised, while in the stocks recently
favorites in the speculation, heavy offerings
were made to realize. The success of these
tactics is shown by the small decline in the
general list. The manipulation for a rise
was not in evidence at the opening, Sugar
being subjected to a raid which carried 1t
down nearly 2 points. Omaha also opened 8
points below last nights close, and Missouri
Pacific was down nearly a point. Later in the
day Northwest was taken in hand and rushed
up to 1271@, a jump of six points. Other ad-
vances in the Vanderbilt group were Canada
Southern, Az to 60; c., c., c. & st. Louis,
3M to 40; Michigan Central, 2A to 10; New
York Central, 1s to 110K, and New York,
Chicago & st. Louis 2 points. Chesapeake &
Ohio benefited a fraction in sympathy, but as
it is one of the stocks which has been heavily
bought in the recent speculation it was sub
ject to pressure by realizing offerings. Coin
cident with the b%uoyancy in the Vanderbilts,
the grangers and the active railways sank
to the lowest of the day, Rock Island, st.
Paul, Burlington, Missouri Pacific, Atchison
pfd. and Northern Pacific pfd being all nota-
bly, affected, the first named to the extent of
over a point. Later in the day these stocks
recovered somewhat from the lowest and the
Vanderbilt stocks, except New York Central,
declined materially from the highest. There
were other stocks which showed special
strength all through the list, especially
among the industrials. Chicago Gas touched
1853, a new high record, but reacted a point.
Pacific Mail rose "a, but reacted Is. Western
Union was also active and strong. Other
notable gains we're: St. Paul & Duluth, Pull
man & Chicago Great Western pfd., 4 points
or over; Rio Grande Western pfd., So; Colo
RADIO Fuel, Flint & Pere Marquette pfd. and
Minneapolis & st. Louis I'd pfd., 2 points or
ever, and Cotton Oil and Oregon Navigation
pfd. over a point. Hooking Valley pfd. lost
4; National Starch I'd pfd., 8; Omaha, %;
Metropolitan Traction, a point and Canadian
Pacific a point. The net changes are mixed,
the grangers and some others showing gains
and many active railroad shares losses.
There was some falling off in activity in
the bond market, but prices were steady. The
total sales were 81, 700, 900. Government bonds
were steady; total sales, $13, 900.
Total sales of stocks today were $780, Ga
shares, including: Atchison pfd., 1910; Can
ada Southern, %, 72O; Central Iowa, $500; C..
& O., 81, $780,; Burlington, $685.; c., c., c. &
st. Louis, $3.50; Delaware, $500; L. & N,
9,44O; Michigan Central, 1900; Missouri Pa
cifc, is, $50; NJ, X. & T. pfd., 4,32O; N. Y.
Central, 1870; New Albany pfd., 3,400; N. Y.
G. & st. L, second pfd., $500; Northern Pa
cifc pfd., $3.50; Northwest, 22,150; Ont. &
Western, 1872; Reading, L, $50; Rock Island,
16, 32O; st. Paul, 50,120; st. Paul & Omaha,
1880; South Pacific, 3,400; Southern Railway,
300; do pfd., 1926; Texas & Pacific. ., $50;
Wabash, 45,000; Cotton Oil, 1900; do pfd., 2
500; Tobacco, "a. 200; Bay State Gas, 1890;
Chicago Gas, "a Ito; General Electric, IA, 9l5;
Lead, 5000; Pacific Mail, $4,000; Sugar, H.
695; Tennessee Coal & Iron, $500; Leather
pfd., AGO; Western Union, 1885; Chicago
Great Western, 1920.
the following were the fluctuations of the
leading railway and industrial shares fur
nished by c.. H. F. Smith & Co., members
New York stock exchange and Chicago board
of trade: