The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-03-13
STOCK list ASLEEP
NEW YORK MARKET STILL CHAR
ACTERIZED BY CONDITION
OF APATHY.
UNDERGONE OF FIRMNESS.
ADVANCES IN PRICES DEVELOPED
WITHOUT ANY SYMPTOMS OF
REAL ACTIVITY.
VANDERBILTS IN MOST DEMAND.
The Close for the Changers and
SOuthwesterns Strong and at Net
Fractional Advances.
UNDERGONE OF FIRMNEss
vANDERB1LTs IN MOST DEMAND.

NEW YORK, March 12.-During the greater
part of today the stock market was given
over to the same apathetic condition that
has characterized it for the last few days,
accompanied by the same undertone Of firm
ness which kept most prices up. This firmness
In the market resulted in a sharp advance in
prices as soon as any activity developed,
which happened late in today's dealings The
Vanderbilt stocks enjoyed the principal ad-
vantage from the buying movement, Omaha
showing an advance of points and New York
Central Ia on a large volume Of trading
greater in each case than that in any other
railway stock. The transactions in Omaha
were only exceeded by those in American
Tobacco, the leader in the market.
The large dealings in Tobacco which have
been feature for several days past continued
today, and the price received an upward
impetus from the decision in favor of the
company in the New Jersey suit, which sought
to annul the charter of the company Under
the buying melted by this news the stock
advanced rs. This rise induced realizations
under which the stock lost the advantage and
rallied quite feebly. Sugar was comparatively
neglected, and fell to sixth place in the vol
ume or transactions. The fluctuations we're
within fractional limits and the close showed
no change on the day. Western Union came
into prominence in the buying OF the last
hour, and was quite largely bought with
resulting advance of 2 points in the price
There was no news regarding the property
and the movement seemed to be the re-
suit Of professional calculations to equalize
the value of the stock the basis of 5 per
cent dividend with that Of Manhattan on a
per cent dividend. The latter continues
to sell higher than Western Union. Rubber
proved to be about the heaviest point in the
market and lost q for the common stock and
IL for the preferred There was quite
marked inquiry in the late dealings for the
anthracite coalers. New Jersey Central lost
fraction in the early dealings, but under
the support of the later buying it rose ~.
delaware Hudson also advancing l and
Reading sharp fraction. The grangerS and
Southwesterns showed a strong close with
fractional gains The market is still ex-
tremely narrow and largely subject to manip-
ulative efforts
keen investment demand for high grade
mortgages was manifested in the DAYS bond
operations in which many issues recorded
substantial improvements. The market also
was broader than for time, with the
speculative issues practically neglected. The
formation of a protective committee in the
interests or Atchison, Jewell County and
Western and Atchison, Colorado & Pacific
bondholders influenced a rise in these liens
or 2@4 per cent, respectfully. Other notable
gains were Morris & Essex consols guaran-
teed and Rock Island frsts, 2; ST. Paul NJ.
& M. 412s and st. Louis Southwestern frsts
IL. The sales were 81, 478O00. Governments
responded fractionally to a moderate invest
ment demand, which most pronounced in
the new tours. The aggregate transactions
were $26 500.
The total sales of stocks today were 127, ZIG
shares, including: Tobacco, 20,90O; Chicago
Gas, $500; L. & N, $500; Manhattan, II, 400;
New York Central, TO- 700; Northwestern, 1890;
Omaha, 13, 800; Reading, 5000; st. Paul, 5000;
Western Union, 9,400
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.