The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-11-27
STOCKS WERE MARKED Up
THE GENERAL LIST IN WALL
STREET SHOWED CONSIDER
ABLE STRENGTH
WEAKNESS IN STEEL AND WIRE
Continued, Both tHeT Common ana
Preferred Closing at Net Losses
Northern Pacific stocks
Slightly Higher.


BAr silver, New York.......... 63M 6SM
Call money, New York. .3-312
NEW YORK, Nov. 26.-The reaetionary
tendency which weighed on the stock
market during the latter part Of last
week was distinctly overcome today, and
prices resumed their upward course. The
striking gains being confined to compar-
atiVely few stocks. In some stocks the
resistance was not more than enough to
enable them only to hold their own
while a small number, by positive weak
ness, gave a slight irregularity to the
| market The course Of prices was by
no means determined at once. Bear
traders operated on the short side of the
market for a considerable period after
the opening. They based their position
on the argument that holders of stocks
were inclined 10 sell on Saturday on the
strength resulting from the bank state
ment, but it was not long before they
discovered that they had small fol-
lowing this morning. There We're ruInors
flying that the board of operators last
week had been taking up long stock
again Notable strength in parti cular
stocks, accompanied by rumors of
changes of control helped the market
and the bears were finally driven to
cover. While the strength in the mar
ket was renewed, there was by no means
the large volume of business which has
been the average for over two weeks
past. Bear manipula ton was evident
not only here, but in foreign markets.
settlement IS in progress on the Lon
don stock exchange and in Berlin Ru-
morS OF the cars death, of threa ten
ing complications in China, and of inter-
national friction growing out of the Kru-
ger demonstration in France did not aid
the pears much in forcing lower prices.
London was large buyer in the mar
ket, sales to that account being estimat-
ed at 10000 shares. The Southern railway
STOCKS We're in special demand. Many
mr.
the capital, including an alleged lease
TO the Pennsylvania and a coming in
crease Of divide nd. No authoritative
sanction could be had for any of these
TumorS. The common and preferred
stocks advanced an extreme g points
each: Strength was Tadiated first to the
Southern group andl-t4l@n to the South
western. IN which some striking gains
on which dividends are paid or are
earned, and the lower priced common
STOCKS Tor which dividend prospects are
remote at the best, were affected alike
Inc weekly earnings reported TODAY on
some OF these systems Showed decrease
lof last years corresponding period
neoIaoly IN missouri Pacific and Denver
q no Grande. Nevertheless, these stocks
EeId prominent place in the advance
0aifls IN the group ran from 1 to nearly 5
points points The more northerly grangers
I,rle IlltS the movement, especially Bur-
Hlgton, put did not show much marked
sfength The leading Specialties were
very strong, including Sugar and Peoo
pies Cas- The local traction showed q
good recovery, and Consolidated Gas
was conspicuous with a rise of az. Tie
steeI stocks We're decidedly unsettled
and Steel and Wire showed acute weak,
ness at times. Reports were current of
serious controversies between the great
computations in the trade AmaIgamaf-
ca copper gave way on account OF tha
megre details of the conditions and re-.
sources OF the company contained in tba
statement to the stock exchange to $40
cure the admission of the stock 20 fine
unlisted department. The drop in this
STOCK and disposition to realize nnada
me tone Of the closing unsettled and
prices We're below the best but the gains
~, me railroads.. were well maintained -
Money continued easy here ard hard
elleu' IN London, resulting in higher rates
LOT sterling exchange. -
T Inc dLere was very large buying of ST.
LOUIS LOUIS southwestern bonds The n1arkef
9TtnerWlse was strong and quite active
A9Idi sales, par value, A130,00O. =
-, = i5l1ed states refUnding. Is, when TO-
ssued, and the IS advanced Il. and tiSo
OS n per cent on the last cali.
STOCK QUOTATIONS.
r. furnished by Charles H F. Smith E.
~ no, members of the New York NStocir
iaAchange, Pioneer Press blildine, VIZ
nave nave direct wires to Chicago ana NJ a,U
YORK: Closing prices are bid: