The Saint Paul globe., 1897-10-30
THE TOTAL SALES FOR THE DAY
LESS THAN 100000
SHARES,
BUT STRONG THROUGHOUT.
ONLY ONCE DID PRICES SAG BE-
Low THE PREVIOUS SESSIONS
LEVEL.
GRANGERs ALL SCORED ADVANCES
COaler Group Was Higher on 6
Rally and Union Pacific Made
a Recovery.

NEW YORK, Oct 29.-The stock market
apathetic and almost stagnant today,
brokers and operators apparently being taken
up with politics and the complications precipi
tated into the approaching local contest by the
days events. The recent and continuing
strength in the wheat market has also tended
to divert some shares of speculative activity
into 5hat channel. Though trading was re-
stricted in volume, the market was quite
strong throughout and only once during the
day did prices sag a shade below last nights
level Sugar gave some evidence OF weak
ness and it was decline of nearly points
in this specially which weakened the general
list. Consolidated Gas was also weak and
lost points on the day. Otherwise there
was no stock which manifested special weak
ness and Sugar recovered before the close.
The grangers were strong on the Burlington
statement for September showing an increase
for gross earnings of nearly 81 ,25O, 900 and an
increase in the surplus after charges of nearly
$3.50, 600. Reports were current also OF con-
tinued heavy earnings during the current
month. Nevertheless Omaha led the grangers
with net gain of over point. The South
western stocks and some of the Southerns
were quite st ong en- the belief that the yellow
fever outbreak would soon be ended by frost.
The coalers recovered during the day all the
losses which they suffered yesterday, their
net gains running between l and points,
and in the case of Lackawanna extending to
points.
Union Pacific rallied somewhat from its
recent losses, the buying being encouraged
by London's example and by a rumor that
a large short interest had been created in
London in connection with plans for OPP
position syndicate to bid at the foreclosure
sale. London was a buyer of various other
stocks also in this market. The exchange
market held about steady at the recent de-
cline and the money market continued easy,
although with leaders inclined to hold back
pending the completion of the arrangements
gor the payment of the governments claim
on Union Pacific and of its returned obi
cations on maturing bonds. The total sales
today of all stocks were only about 175,0
shares, which is lower figure than has been
shown for many months. Sugar, Burlington,
st. Pau, and Unon Pacific absorbed consider
ably over half of this total.
The feature of the bond market was the
sharp decline in Kansas Pacific consols. which
sold at Sc, a decline of 312- The Union
per cent. Total sales $1.615 900. U. S. new
As coupon were advanced Il bid.
Total sales of stocks were 1Sl, 400 shares,
including: Atchson pfd, 2,540; Burlington,
S2445; C. & O., 3045; Missouri Pacific, $3.50;
Northern Pacific pfd, S,295; Rock Island, s.
475; St. Pau. 1880; Union Pacific, 1920;
Bay State Gas, $500; Chicago Gas. IL, 10;
Consolidated Cas- 1892; Sugar 22,225.
The following were the fluctuations of the
leading railway and industrial shares fur
nished by G. II. F. Smith & Co., members
New York stock exchange and Chicago board
of trade.