The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-03-14
WIDE MARKET IN STOCKS
SPECULATIVE ACTIVITY BROUGHT
MANY USUALLY DORMANT IS
SUES TO The SURFACE
PRICE TENDENCY, IS HIGHER
Heavy Dealing at Advanced Prices
EARLY In the Day--Ciose Was Eas-
Ter at General Recessionx
From TOP Figures.


Bar silver New YorkA. LOSE sim p seE
Can money, New York ......2A21s Peg
NEW YORK, March ols-4The dealings
in today's stock MARKET covered an ex-
traordinary range of securities. Quota
lions were made for some stocks which
have lain dormant for many days, ana a
number OF unusually very quiet stocks
were made active. Stocks of some small
railroads which are usually obscure by
reason of the small amount of their cap:
ital stock were made comparatively con-
SpicuouS in today'S market. Operations
were constantly shifting from one stock
to another, or from one group to another,
no one stock maintaining it's prominence
during the whole day. 1t was a notice
able fact also that many of the standard
stocks, (which. are usually looked to for
the bulk of the trading, We're compare
lively, qulescent and moved very narrowly,
Some of this class were moved late IN
the day, apparently through manipula j
ton, as though the professional opera
tors were prompted to correct the ap-,
pearance OF Singular1ty In the market
due to the special character of the trad
ing. Nevertheless the days operations
footed up Quite an aggregate, and the.
general appearance of the market, not
WIthStandlng its peculiar features and the
difficulty of ana1yzing it, was one OF ac-
t1vlty and strength. There was. a tend
ency to yield the highest prices. as in
tereSt was shifted to new points. Extern.
S1ve realizing was going on in the general
list under coKers of the. strength in spots,
and in the last hour an active selling
movement to take profits caused "a gen.
eral reaction reaching, point or more
In some of the active stocks. The closing
Itself was rather easy, and much below
the best all around Among the dav's g,
special movements, the Southwestern
stocks We're prominent, led by the ST
Louis. southwestern, the common rising
and the preferred As. The Lake Erie
& Western stocks were very strong. the
common rising "A and the preferred 4.
1t isHbelieved that the movement indi
Gates new conditions for that system.
and Burlington, Cedar Rapids & North
ern rose 4 points each. The express
stocks are strong, Anerlfan IMPRESS ris-
J. With i hWell seaetig0 ~ y Apd United ss
stocks which rose FRONT to 2 points at
some time during thecday, maybe men
TONED chicago .GreatE8H estern, the Chi
cagQ, Indianapolis So 1dGOuisviIle stocks
the Chicago Terminal tranfer stocks the
Chicago q Eastern Illinois stocks. DeS
MONIES & Fort Dodge ePere. 1Iarquette.
Central stocks q e thS Wisconsin nb,e in
Norfolk & Western. Afiqongst the inS ms
trials, Cotton OIL the 9malting stocks
Pre e3lp Gas, WesternsU6on Continental
gained as much. St.,,Loais & san Fran
cisco, after rising strongly, fell 2 points
under last night. The. smelling stocks
We're ,,ei oa weak throughoytfsth common fall
p.
these movements were without anv ey-
planatlon and others were based on vague
n LUNG Tor which no official sanction
e could be had. The movement in the
southwestern group was the most con.
slstent OF the day, and was based on tba
eeHKioenGe Of Substantial prosperity among
the railroads in that region and the gen.
eral belief that plans for extensive Con
Son n1sd are Yorkins out. The money
market continued unruffied. in snite ~
the the abs absorption of the subtreasury ' thus
ID ndea eitis week OF S2,167000 and the knowI-
tedge that $40, 600 must be provided for
iden ddls an Of the Standard Oil div
| OF calling of loans today, and the stnct,
n r,tark e!a was undisturbed by an uneasi-
ness I5 over money! p %fyo 6e1-s. -
10 BUSINESS ass in railroad bonds oeontinued
I Wage s ana many substantial advances
" Me aco sc scored. Total sales. par Va!u9.
$a,SSo, CO., United. States So advanc sSIu T.
per cent on the last call 70
STOCK QUOTATIONS..
r. Furnished by Charles H. f. Smith q.
~, members of the New York SOL
b b9cha dige.+ Pioneer Press building who
1 W olrect wires to Chicago and Nav
! york. Closing prices are hid. anu NC"