The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1900-09-12
LARGER ATTENDANCE of BRO
KERs, PUT TRADING WAS
PROFESSIONAL
PRICE CHANGES ALL NARROW
Aside From Railroads Affected by
the Hurricane, stocks Were
Generally Firm Through
ont the List.
Prev
Bar silver. New York; .a... 62% 62L,
Gail money, New York -. IL liz Lii

NEW YORK, Sept. n.-There was a
larger attendance of members CT the
stock exchange at the opening of the
board this morning than for several
months PAST. This vas die pa1 thy to the
returning tide from summer vacatio MS
but there seemed Ito be am expectation
among brokers and opera ors which was
not realized, that some return of inte.--
est in securities was about 10 be shown
London bought on a moderate scale here
that market being encouraged by con-
tlnued case of money and this heipe d the
recovery from the opening decline here.
The enthusiasm of the professional trad
ers was short lived however. They Gre
ated slisht furry in the ooaieTs, marx
ing up New Jersey Central 21a ard Read
Ing 1st pfd a point on prevail ut belief
that way would be found TO adjust the
dlfferenees of the. miners ard coal cpe "a
tors. There was some short covering in
sugar, Peoples Gas ard Brooklyn Tram
Sit, these stocks maintaining their COR
spicueus position in the tlading Later
there was some demand for South srn
railway pfd ard Louisville & Nashville
seemingly based On the immunity of tn IL
cotton territory from damage by the hur-
ricane.. There were Isolated lrovc ments
in United States Leather pfd, General
Electric, Col. F. & !. pfd, Chicago and
Eastern If.inios, Cleveland. c. c. and
st, Louis pfd ard Chi ago Grsat w stern
pfd, all at gains except for Ch.ca. O and
Eastern Illinois,
The better conprehenson of the extent
OF the Texas disaster and St PauIs Go
creased earnings proved depressing fac
tors and helped to overt ONE the ca i 7.
advance. Missouri Pacific Kansas and
Texas .pfd and St. Louis Southwestern
pfd were al weak 0sharw-se the roads
in the affected te1rito v Ir.oved narrowly.
This was true, III fact, of the whole list
and the final prices Showed few excep-
lions. A stiffening of the rate for cali
loans to 2 per cent attracted attention 10
the possibilities Of a money squeeze cur
ing the autumn. TIE rate fe1 back to IL
per cent when the banks came in o IN
stock exchange wi h t1eir unp,aced BAL
ances late in the day.> The prevalent
ease OF money is evidently cue 20 the ex-
ceedingly scanty Genand; ar any &C i've
spec ulation viii probably make rapid
roads upon the resources of the tarkS
1t is pointed cut that The surplus CT the
associated banks is concentrated in d
very few institutions. While the totat
surplus reserves of the Sixty-thrce clear
ing houses banks on -urday amounted
to over SIG, eco go, more than SO, OO0006 of
surplus cash over the leSal requirement
was held BIZ single institution. TEere
was rather sharp recovery in ster ing
exchange today which gave point to the
5UpPO5IiiOll lIldI yeolCIudS > u Gil Z NcSf
due to short selling and t, days supply
Of cotton bills was inadequate to cover
the shorts. Kansas City Southern IS RAJ
lid, IA. Otherwise the bond market was
without any feature. Total sales Lar
value, $9t0609.
United States cid As advanced 4 and
the IS reg Y, and do coupon, Is per
cent BID pt fee. p"s& - @fi1
STOCK QUOTATIONS.
Co., members Of the New York Stock ex-
change, Pioneer Press building, VINO have
direct wires to Chicago and New York.
Closing prices are bid: