The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-01-26


NEW YORK, Jan. 25.-There were gains of
to TX points in stocks today, in Transactions
IN excess OF million shares which were
Wloeiy distributed, many usually neglected
shares figuring in the total. The market here
opened hesitatngly in sympathy with the
Hregular1ty In London, which was a sAler
OF some 10000 shares in the first hour. The
eneet of this selling was but slight, owing
70 the support given by leading interests.
Inc professional element relieved the pres
sure which it had been exerting on the mar
ket, and turned buyers. The commission
business was In fair volume. and was dis
Posed TO follow advances wherever they o.
CURED London took back some OF her earlier
sales on noting the improved tendency here
innaences bearing on the situation were the
third week In January, shown by st. Paul.
Missouri Pacific and Canadian Pacific.
There were number of very interesting
lectures IN the market after the first hour.
metropolitan Street Railway started a sensa-
tfcnaa advance which eventually reached 11h
points, above last nights closing Manhattan
sympatneucally made an extreme gnin Of 8
points These movements led to a revival of
rrmors that the relations Of the two com
Pa1nes had been placed on more harmonious
basis. The impression in the street that in
spite OF the denials progress is being made In
the Vanderbilt plans for bringing the colat-
eial parts OF their system into closer financial
relations, was partially founded on the appar-
enaiy solid character OF the purchases Of
gains were made by New York Central of So.
Northwest 81 and c.. c., c. q St. L. r.
Union Pacific DID made rise of 31A on re-
vived belief in the so-called Vanderbilt trans
continental deal, while Lake Erie & Western
pfd was up 6h, points on the idea that the
road was being acquired in the interest of
New York Central,
The interest switched then into the low
priced shares and rises of about points oc-
CURED in Rubber. Chesapeke e Ohio, Pa
cific Mail, Canada Southern, Chicago Great
Western pfd A. and Rio Grande & Western
pfd, while the extreme advance in Toledo q
Ohio Central, Rio Grande & Western com
mon and Tennesseel Coal & Iron reached 8
points The strength Of the Rubber stocks
was on dividend gossip, that Of Pacific Mail
on reports from Washington as to the dispo-
sition Of congress to substitute American ship
ping. Continued talk of the prospect of
rehabilitating in the anthracite coal trade
brought rise Of / to 213 in the coalers. Tho
grangers likewise were I'D from 1 10 ~ ex-
cept In the case OF Northwest where the adj
vance was larger on investment and specula-
tive absorption, because In increases in earn
ings. New York Air Brake bounded UP and
Twin City Rapid Transit points The large
and confident purchases Of c., c., G. e St
L and Chesapeake G Ohio, conveyed the idea
that the oft-reported big Four deal was
on foot again. The closing was Arm, well up
to the top figures.
Tho bond market developed marked
strength as the day progressed and closed
active at about the best. Total sales S. 9sO. 900.
Government bonds were unchanged, on bid
prices.
STOCK QUOTATIONS.
Furnished by Charles H. F. Smith & Co..
members OF New York stick exchange, Pioneer
Chicago and New York. Closing prices are
bid: