The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-01-19
The Stock Kag4sts.


Bar silver, New York .5sssS ga ~
eaii money New York ...:..2@21a 2@2M
NEW YORK, Jan. 1S.-Tne stock market
except for an initial heaviness in symnaahy
win London, which in turn reflected the
medhhes s OF the New York closing yesterday
mace practically an uninterrupted course IN
waIu. me gains We're fractional in the gen.
eraf market, while the grangers and minor
speclaHles made substantial advances. In
vestment purchases were very heavy and
largeiy continued in the grangers The early
enorts to cause a continuance of YESTERDAYS
reaction lasted but a short time as there was
no important liquidation, and London sales
of 25,000 shares were well absorbed CON- CON-
mission house buying was renewed and n q
shorts were forced to cover in number of
stocks oi VI
The market was comparatively dull in the
forenoon and them gradually increased in
ACTIVITY and strength, up to the close The
aeelng IN London improved and there were
some purchases aof stocks for that quarter Ct
Paul increase of $244, 600 gross for the ser
ono week in January inspired more conf
oence In that group of stocks, causing an in
crease of Western orders to buy comno .ad
with the last day or two, which had dimin.
lshed The possibility that Burlington might
presently refund some of its bonds nm n
lower basis, thus benefting the stock, was
much discussed, and Burlington rose over {
points It was, learned that no action was
TAKEN by the Burlington directors in Boston
9ooay Omaha rose in expectation of the
rows meeting of The directors and North
west, to whose benefit that action would
accrue advanced points. There were various
fumors as to what the dividend in Omaha
would be- Some had it the regular dividend
OF 2 points and an extra dividend of III.
traders seeing the support extended to .he
market successfully bid up prices whenever
opportunity offered Sometimes it was Fed
eral Steel, other times Sugar or Manhattan
In Sugar the gossip was that an agreement
nad been reached between Sugar Refining and
one OF its largest rivals, to charge the same
prices on all sugars at all points.
among the inactive stocks which showed a
sharp Improvement was Chicago e. Greaf
western pfd A, and Norfolk & Western. Man
hattan opened off but rallied about point
t Htef iase nlgnt; In respect to the rumors
mat the Vanderbilts or Metropolitan interests
mad secured control Of the company, very
large holder of the securities stated that the
old management had not reduced their hold
ings and that the control was still in their
nands- missouri, Kansas & Texas, which
showed decrease in gross earnings for the
second week in January of over $4,000. failed
to sympathze In the strength displayed else
where. Some strong features were Lake
Erie & Western pfd, Readings and New York
Air Brake. The volume of business, while
greater than that of yesterday lacked over
l50. 600 of reaching the million share mark. :
There was number of important move
ments in the bond trading today. conspicuous
among which was rise of S1b in Fulton
Elevated IS, and 4 points in Burlington
cided strength all around. Total sales IS, 1O5.-
0oo Government bonds closed unchanged for
all Issues
STOCK Quotations.
Furnished by Charles H. F. Smith & Co..
members New York stock exchange Pioneer
Press building,who have direct wires to Chi
cago and New York. Closing prices are bid: