The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-02-17

lnent stocks advanced today, with gains in
many cases material, and trading left off with
Inc i tone strong and prices at the best. Trad
ers from tima to time sought to bring about
reaction. but were disodged from one po-
eltion after another, and the upward move
Aient became general. In fact the only active
stocks OF Importance that were exceptions to
IN the rule were Tobacco and Northern Pacific.
tne FORMER suffering loss of 81 on the pros
PeeI OF mere aSed competition, and the latter
with decrease in earnings reported yester-
Gay Tor the second week In February, which
decrease was said to be due to storms. Lon
don houses reversed their policy on Northern
racine and bought more than they sold Of it
and other stocks. Burlington, which was ex-
dividended today, made an extreme advance
OF N on large, volume of trading, approx
imating 2O0.C03 shares. The buying of this
connections. The advance was stimulated by
the statementfiof a prominent operator that
ne had purchased largely In the belief that
q reminding plan would be announced in
few days. l,e.
The Influence of Burlington permeated the
whole list, but more particularly affected the
other grangers, which were benefited to
point or over, Union Pacific was lifted nearly
points and the preferred over a point,
while Central Pacific advanced l point on
the report that an arrangement had been
reached with the government commission for
a settlement of its obligations to the United
States Metropolitan Street Railway and
Third Avenue were very strong, rising rs and
respectively. Federal Steel was in the van
Va ehC fIoWSE StUChS III IuCii iioS, WHICH DC-
gan as the day drew to a close; the common
advanced points and the preferred 2.
Among the coalers Reading first preferred
tional Paper and Sugar advanced over 2
points each: New York Central and North
west among the Vanderbilts, were benefited
about point in the rise. while c., c., C. &
st L.. left off with gain of rs. The traders
thought that the fractional advance in Lon
don before the opening had been manpu-
lated from this side. They sold fire ly on
the idea that the effects of the storm would
result In lower prices at least temporarily.
Subsequently they ccvesid from time to time
as pronounced strength appeared in the vari-
Gus stocks. In the final dealings some stocks
were taken in expectation that the days ad-
vance would bring the public into the market
IN a day two. The excess of exports over
imports for January, approxmating $57.000.
QUO, was something of a sustaining factor in
asmuch as it was taken to be an easy means
of settling for the large sales of American
stocks for foreign account in the last three
weeks
The healthful tone in stock speculation
ceived a considerable backing from the ccnf-
dent purchases in the bond market. C mt a!
Georgia consols and Wisconsin Central hrsts
led in point of activity and strength, and i'm
portant gains were also chroniced elsewhere.
Total sales, S., 800 coo. United States new As,
old As and ths 5s declined Is in the bid price.
STOCK QUOTATIONS.
Furnished by Charles H. F. Smith & Co.,
members of the New York stock exchange,
Pioneer Press building. who have dlrec.
wires to Chicago and New York Closing
prices are bid: