St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-04-29

prices which followed were in almost all
eases confined TO small fractions, though
Larkawanna, Missouri Pacific and Chicago
Gas were all prominent in the decline. The
strength shown in Manhattan, Louisville IL
Nashville, Canada Pacific, New England.
Wheeling Il Lake Erie and Delaware u Hud-
son. together further encouraged the bulls,
and the declines in price went no further.
The fluctuations. considering the large bust
ness done. there being fair sized crowds in all
the leading stocks, were small, and after first
decline there was a gradual hardening of
values, which neutralzed the losses of the
first hour. The selling movement collapsed
toward the close, and prices in the last few
minutes improved materially the close being
active and strong at close to first prices for
most of the list. Iii the last rally Northern
Pacific preferred became decided feature.
The final changes OF Importance are all adj
vaEces, and Tennessee Coal rose 2ls st.
Paul preferred, 1ss; Northern Pacific pre-
ferred, lI2; Louisville q Nashville, IA, and
Manhattan, lIs. There gas another active
business IN railroad bonds, the sales agE1e-
eating ~, 505.n0G. ahd the upward movement
continued without interruption. although
the material movements were few in number
in comparison with the number of issues
traded III. The Kansas & Texas IS receipts
furnished Sl67, 900; the Texas Pacific in
comes Sis, 900; the Reading I'd incomes
grand total. Kansas Texas issues and the
Reading LIST and % incomes were, il any
thing the special features and all four show
marked gains. Other advances of note were
made by Cedar Falls lists, Boston HoOsac
Tunnel & Western debentures, st. Paul. La
Crosse rs. Erie DDS, Lackawanna converh-
bles, Gulf, Colorado IL Santa Fee DDS receipts
and Shenandoah Valley lists receipts. Govern
ment bonds have been dull and barely steady.
State bonds have been dull and featureless.
The Post says: The increased activity in the
coal stocks was the result of covering of
short contracts and some buying for the long
accounts based on improved reports respect
ing the trade, which. however, are doubtless
somewhat exaggerated. The reports from
the West that an improvement in the rail
road situation was in progress, together with
the large earnings OF the roads, had the effect
to advance the prices of the grangers and
southwestern, and the large business OF the
southern roads caused the advance in the
prices OF the southern stocks. London buy
ing and the easy condition Of the money
market, have been important factors in the
advance, and the temper of speculation con-
tinues bulGsh. There are some who look fer
lower prices as q result OF the
expected labor demonstration on Thurs
day, but the fear on that
score is greater than present indications war
rant. The highest prices of the day were
prices were. from 1a to ga per cent higher
That the closing of Saturday, but during the
remainder Of the afternoon the tendency
was downward, the decline from the iligu ;isS.
o. Tue gay sH-.ne, Zen Zen i C per cent the
decline having been caused by realizing of
profits and not by DEVELOPMENTS of a bearish
character. The total sales of stocks today
were 46O6 1868 shares, including: Atchison,
5000; Canada Southern, 1850: Delaware,
Lackawanna & Western. So. 1853; Denver,
Texas Il Fort Worth. 3,4O5: Erie 1905;
Lake Shore, 8. 145: Louisville & Nashville,
1886; Missouri Pacific, $50; Northwest
ern. 1920; Northern Pacific, 8, 020: Northern
Pacific preferred. 1857: Oregon Transcon-
tinental, $500; Reading. 80, $50; Richmond
& West Point. 29.695; St. Paul, 1925:
Union Pacific, 1850; Western Union,
1910; Wheeling Il Lake Erie, 3,145.