The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-09-18
GNIRI GHIN(IE N STOCKS
PRICES WELL SUSTAINED In THE.
FACE OF An EXPEcTED
yVEAE1 i3TsEgGs
BULLS RECLAIMED COURAGE
Prices Reacted on Nfs.aerotus Ruy-
ing Orders, and "a the Ciose
the Last Was: q qneraIls
UEchan.zlt Il.

~. ar Prey.
Car silver. New York. - ia "a
ean n,.ney, New hollsIa 4zs 1al7a
NEW YORK, septg l7@Tha expected
break in p1lces OF stocks lai!sd to occur
today. 1ne4e was conslae. ace Se..lig
orders at the opening, us nover fails -
happen afl-r sucA I, o-e-l IL pr.us., IS
trac OF Sd >uraay, but Trieilus OF tie
various STICKS mad pace. supp rt.nss r
utrs III the lnarkeu anu r4ielr pGy.ns Ms
suI1ci> Mt To abs ~rb tie C4ieilng.. Inc br0-
Itsslonal t4aaers who HAD sold snort Oh
SATURDAY wCie lot SLOW 70 detect lie eva
deLice, OF suppo1I, ana they ..Isteile.i "a
cover and tarAe their pIo:it-5. Buyins; IT III
this source WAS Il later. al Iaclur i'll tie
recovery. SEEING the teIiuellcy OF Things,
the DGI4 ieauerS, VINO LAD TO retreat LAST
week, attempted 10 Tet.iaVe tae L lost
ground Dy b.dt.ing up D. ices. lie Pc
sure to sell at tie ddVance 4stG jped this
movement, however, and the market fell
back into It's recent c0.-diti,n OF .ethargy
ana downward drifting. t.ices III p4 actt-
caI-y a. Stocks were very near to STU
Gay 6 Level at the tlose, which was Gu.i
ard cay. Among the p ofesstonal t.ad-
e1s Hno st Ii coh.roi a large pr p rim
OF the opera lions aa important indEenc.
WAS exerted by builish op.n.ons expressed
by Jane; II. keene IN an interv ny IL
! -
moro Influential. inasnu-h as Saturday s
GOSSIP OIL tie stotk exchange had attr4b-
uted a ST. ing 0 der of T5, 9JU shares CT va
riou5 stocks co his account. The Smaller
traders who 70 lowed this lead had MOTH
ing TO Go but to cover their short cen
tracts this morning. The relative fl. m
ness OF the c~al-c6rrying railroad stCchs
even before the general upturn, and tie
to-ltlFe strength developed later, Sesvea
to detract somewhat from the effect CT
| TIE shutting down OF the coal miaes
UneA sines5 was less acute ever the mon.
cE market ana mere account was taken
OF the fact that last weeks outward
movement CT currency WAS abaormf. by
reason OF tie large lei If fand3 tran
ferIed to Texas. Greater confidence wes
felt in the ability of -theg money ma rlxet
to meet Requirements OF the German
loan subscriptions, and more attento IS
paid to the larger view. os tie operation
as an indication of the growing power
and Importance o; The se1uatEy's fiaan-
c al position. tey1
The expert movementtof merchandise
continues he Wy. t. US constantly making
exchange to meet the obligations incu.r< d
10 inset the subs riptions to the :oan
Large tfoatif!g loans aFee coming 6ue in
the Berlin market 10 American Lenders
and will be aV3i.abie by DO 5S,1aeptne
oPeiat On 70 Iay in ta.in.9rts on the loan
Lac l6sii IS expressed IN bondon that TIE
American subscribers RAY pay the Ger
man government by orders for gold on
London tbs supply of sterling exchange
in Now York being large eroug:l, it i,
! believed to allow such an operation This
possibility was a -dapressing factor III
TIE London stock market. as Berlin
would net be expected to &c so lenicnt
creditor as America has been, owing
to the high money rate in Berlin. From
any standpoint, America, being the cred
!tor IL tire operation, won d exereiseslaI'es
CONT Oh Of the situation. The possible Inc
in which rslief wcu'd BE- sought is indi-
Gated by last weeks resale of the eertif-
icates f5r British exchsquar bonds to
Eonda5n, which was made by Some of the
American sub CT be5s, and which help d
TO Illustrate the plan o., the underwriting
syndicate 10 ship god to L3n5on.
The bond market confirmed irregular.
Total sa.es. par value, eS33oo0 United
States refundius IS. VIXEN Issued the Is
ard Is advanced x and new As p per cent
in the bid price. a
STOCK QUOTATIONS..
Il Furnished by Charles H. T. Smith &
Co.. Men bers OF the New York Stock=ex-
Change. PioEecr Press building. who nave
ulaeet Htres 10 Chicago and New York.
t-lo:iaS - ices are bid: