The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-01-30
HHY SALES Of ST. Paul
TRANSACTIONS EXCEEDED A Hun
DRIED THOUSAND SHARES
YESTERDAY
PRICE WENT OFF 2 1-2 POINTS
Steel and Wire Also Active, the
Price Receding Nearly Point
Other Stocks Some
what Neglected.
Prev.

RreV.
Close. Day.
Bar silver, New York;. slA 6l1s
Call money, New York.....-1%-2 JAP
NEW YORK, Jan. 2s-The stock mar
ket was again dominated by ST. Paul
today With some incidental disturbance
II ona the erratic fluctuations OF Steel &
Wire. These two stocks really made, the
market and prices moved somewhat mar
rcWly and Oh a small volume of trans
actions in sympathy with them through
cut the day. Southern Pacific was
notable exception to the general tend
ency of the market. 1t was bought
largely all day. and in the late dealings
rose an extreme ~ to AZ, carrying some
gers and Pacifics, with 1t. But re-
newed weakness in the two leaders
carried prices except for Southern Pa
cine down again, leaving only few IN
SlenlhcaLt net gains among the larger
list of losses. There was no news TO
account for the movement in Southern
! racine, beyond the argument of the spec
utators in the stock that an advance in
| us prices was long overdue Mobile &
Ohio made a very notable rise of 6M
accompanied by rumors of absorption or
: control by the Illinois Central. New YORK.
SeEtral gained two points on very light
transactions and Manhattan and Leather
showed signs of strength. American FIX
press gained 412 without any explanatory
Iie"S. 1ho opening break in ST Paul
was violent, the stock dipping 49, to $50
under pressure of heavy blocks to sell
Later Ia I'm IN the day it got up as high as
Ioo Twice and wavered uncertainty be-
tween that and 151, closing with a net
loss OF "a. The emphatic disclaimer by
an aIlot the st; Paul authorities who We're
~, 1ot ,stl OF yesterdays assertions that
arrangements had been completed for the
SfanSfer of control to Great Northern and
NCrthe! Pacific. made it clear that wtar-
M pa3iS Were IN operation to bring
OBJECTIONS among the ST Paul stocl1boId1
els 10 II. mat Very. large portion OF the
neafy Ceailn2s in the stock is D1ralv
speculative is shown by the fact thai vas
tefdays transactions alone aeerap3 I'd
more than half the number of %he f@ta1
snare capital of the company. This co,Iid
t raaer ee NE ene result Of large professional
y, q. q heayy scale, perhaps many times
% ne course or a single day In Steel
60, W ire The low point was made at a.
I'll dIter The opening, and ire stocks
epna,, renounded to above Al, before he
/ announcement no was given out that tbe
~ iIn 1iIlSeo statement would be withheld
at Ii o'clo ok 1RSS Inf Of being published
T go GOT as d,1gh as 41A, but closed at q
net loss Of y. The preyailinr ST. aC a
n eltliio or SPECTATORS in the stock vas
tFbI az ny one of entire uncertainty as to
me SHect the statement wouI5 - ~
~ itoLl HCIders and the uncertainty is ill.,
/ takeO0 co oohtttlnue, as no saotion has been
denj IT, Inc actual question of the tfvi-
! ec+ar re congested and uneven char
Fect 90, on the trading is Indicated nv tba
u rsTt IN I5at not not single share of such an
uni vel! into the sec5hd hour Of ,E 500
1 Wss ana ro me first sale of Tennessee coal GAL
sid Gfa FI rec after o'clock. A con-
9 atuerdoIe export of gold on ThursdaTo !.
hhssnred, and already 81, 500 900 have F bea Is
essay aN effic IN TT tentative manner at the
cay of sterling exchange here ii a1d To- To-
stre snet fractional ito advance at Paris
ward Ineaea me superstition that the out,
Iii LII movement of gold from New YorI-
w6lI shortly be diverted from Paris ok tx
t ti0Iltdi Inc railroad bonds market con-
lar arm, movement of prices Total ss les asI ga a.
new 0e i s s5S2S oOo United States IS and
call. Standard Oil, 79267s5 o'i Tie last
STOCK QUOTATIONS..
! Furnished by Charles TT T e,i41
nc, members of the New York Stocl
h have der PI 9,i.a Press building, who
! oTK. Closing prices are bid: W we"