The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-05-10
FRIGHTENED THE LOCAL
BRoEErs
DEALING WAS VERY LIGHT
In minneapolis Trading Was Some
what HeavferASt.T Paul Holdings
Mostly Sold Out at
Lower Figures.


market. and let lt2severe y a'-nc fer til
most pat Aropnd IN ilway Offices
and en- the street, scareeIy anytbing el Sc
was ia iIed o. Il t Ilae wonderful Jun
TIA 8 once eesfistd stocS. AS to ex
plana ions = r the sud Ell and UMPIRE
ce1ented Use, the wiseet OF erators Were
as much at ssa IS the SMALLEST +-pil1er''
tre-1 ~ent e In de Clare that he had nor
the smallest idea as 20 wha. could be
cause and is ignoca~ ce was shared by
every person in this city who knLw=, OF
pretends to know anything about the
situation
IT IS stated on good auth or ~ that there
IS little CT no stock held in this CT V at
tbs present time; al of the he Wy FOLDER
got OFT ait prices varying from rs to les
and en- few of e smaller holders
held on lfil the rice rose al We 50.
In the Encketshors thera was no aiding
at all in n rthern Pacific common The
stock Ncoud no. be bong sol "a an
hraig n; Jim Of a hun, rel ncints ct
time were too strong to take chances on
either way.
AS matter of fact the feverish state
CT The market WIS If a.. d moe il a
1cc lar s / t tina airy hing. else, and
'joshes" were handed arc isv scis4s
all the Afternoon. One + an o. RANK Il
IeDoltei to have st 90ped a frie7d on
the It Get with the remark: Ssh AXE
hard; vi 18th the prosiiert of the T. est
corpo alton in tie wo Id. Cur stock IS
worth lG9 al the present minute. l am
told, ard at that figure tn. Northern Pa
citic is the rici'A't c1r. oEaticn N this o.
any other country
Anot e. he'd CT de artment was
juhi ant although re -ookesI IT the MAJ
ter in a different hight. 4V1ly,, raid he
the Northern acsfc He today recei ed
m ere FIRE. advertising tn n any ether
road has ever been given since rai.roa1-
ing be n. 1t is cat thing for the
road, in this way 'sIs
IS Is always the case wien there - a
Sensational movement CT stccxs. there
We're ntfnberiess rtlmors floating around
the CITY yesterday, Of fortunes made an
lost in day, but none Ct them could be
confirmed.
THE DAY IN MINNEAPOLIS
In Minneapolis the same fierce excite
ment was ia evidence, at III of the
b1 okers, but in thar city there was mo e
tr3dlng. one V,en kr on n busin ass man
is SAD to have stroll ed into en- Office an
upon looking at the board saw to his
amazement that Northern Pacific com
mon was quoted at 100 He had a n;ca
block WI ich he had been holding for in
w Stment, and could not gise il selling
order quick CROUCH He is sail to have
teen lucky enough 10 unload at the too
Iisure' But t was not to Northern Fac lie
STOCK alone that ttention was a. ctad
for big railroad man. and a close fol-
ioWer CT the ma ket pulled eff a good
co p VI S ,otni p ci6c. He WIS on
the hear side, and when the price was
marked US at 102 ha gave his order TO
sell I,0l0 shares The tr ker imn1e /: atey
asked SO q share margin.
may change my views directiy.-'
ne said, f'but as / feel at the mono mt. T
do not want to make the trade unless
you can put up S6G,e9o for protection.
The market is crazy, and no one can
noreteH what a montent may bring
FORTH
. The trader asked for blank check and
began to fill it out for $6e,OGe while the
broker FASTENED to wire the order BY
the time the order was executed. the
price had broken to so, and at this figure
the stock was sold
In a few minutes M zssor,ri Pacific
struck rs. the trader gave an order TO
buy, got it filled at''79 clear LOCO and
quit. .a33 ~
This is too swift a pace for me-" he
said. zone might make an everlasting
fortune in short order but the strain is
pretty severe
A we'll known IA lroad man who has
been short of st. Paul, on a range of l7S
to ITO went down town yesterday MORN
ing and in addition TO his already heavy
line put out close to 5000 shares. in
the neighborhood Of 165 When the stock
struck 13S he gave orders to buy in, and
while he did not get all his orders filled
some1y, making the biggest individual
winnings earned so far.
sHEvLIN is SORE.
One of the sorest men in Minneapolis
is said to be Thomas H Shevln. Min
nesotas national Republican committee
man. He had BEEN holding $50 shares of
Northern Pacific common for an invest
ment, and when the bulge began last
week he did not wait for the market TO
drop off, but closed out the entire line
at lis. He made aogo9d profit, but when
1t went kiting Tuesday ana yesterday.
Shev1in did not feel satisfied.
Shevlin has great faith in 500 stock.
He has put away 500 shares of the pre-
ferred and will hold it for a stead rise.
A Minnea polls ,qrinter was said to have
Gle ned up me $75,COO a g. result of
pyrami ing on Northern Pecfic ard So
stocks since the elections and 10 sun-
ply the requisite flavor o. nance, 1t
was stated that he was or ni- OPP -rs''
before he began 10 deal in stocks.
WHAT MIGGT HAVE BEEN.
Although there was no ia ing in the
stock in this eli y, a the boards in the
city We're crowdei with eager spectacle s.
who watched breathlas ly he marvellous
fluctuations Of a st viii N les than a
ca ago could HAY e b bought in
almost unlimited auantai y"
less About the keeneGt "a mast visit
full men arornd the boa we fhes9
who had SO d oEt cary n the gam tn l..
interest was confir ed cti~dy TO ca7culat-
ing the profits they m; gf1t shave maze
G. uld they have fore. cen the mighty
jump which was TO me Ore wit "
freight offici 4 remarked to a friend:
u have lost a Tol1 n. and ~
to the anxious interro gait IN viii IN fol-
lowed. he explained that he was not N
the short side. but T ad neglected tt by
when the stock was at an aprro achable
figure.
AS to what WI happen today, no one
Is foolish enough tn Drc@l'@+ ! ac-
cordrg to several private teleg ans re
cetved here after TIE market had closed,
an offer of 16S VS. made in New York
vest rday after Neest2ck exchange had
clio ed. This as sfcr immediate cash
delivery. The lalliIg away II the quo.
tat1ons yesterdar VAS due Chi Y to tha
fact that the large firms 20 lch delivery
Of stock was DIE did not nsiSt Ii acn th:,
SO -ds icing and d OYER. and if thu
screws are applied 9uo today omethiag
extraordinary is sure 10 add to thu nery.-
racking strain
Following are the.--quotati osl- from
the opening 10 tie close a recorded on
the boards of | cal brokers:
c1cse Mednesda ~ II -Ts Iyestcrdas,'s QUO
tati ms 10, III IT, II. ia, II, 10.
lf5, 100, 49, 2C5. 1aA 49, ., POS, 1870, ISL.
86o e9e. 800 4)a 2r, H4oO 5O1. GO $50
go 700 1000. coo It6aAgf 500, 700, 500, 400,
Soo, $50, 400, 3l0 31o,lf25, 4f6, So, 81, 4ta