St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-06-08

whatever. Among the speeialties
Quicksilver was the only one showing
any life, and the common rose 1s6, and
the preferred II. though both closed
little off from the best figures. The
trusts were the only active features to
the market, and Sugar, feverish and ir-
regular, was not so active as usual of
late, and finally scored material i'm
provement over its last nights price.
Opening up ~ per cent, at 1850, it re-
retired to 1870, and, after some violent
fluctuations between the latter figure
and SO3sc, it closed at S04c. Chicago
Gas was specially strong, and rose 2
per cent on a very moderate business.
The close was quiet and firm
and insignificant changes. Sugar rose
preferred per cent. There was about
the usual amountof business in railroad
bonds. the sales to-day aggregating
1914, 900, while the market showed the
same lack of movement which has char
acteriZed the dealings of late, even
though the general tone was firm. Gov
eminent bonds have been dull and firm
for the AS. State bonds have been
neglected. The exports of specie from
the port of New York last week amount
ed to $55.202, all gold, consigned to
South America. No specie went to
Europe. The imports of specie during
the week amounted to 1859. 3422 of which
SIS, 900 was in gold, and S319.433 silver.
The Post says: The net results OF this
weeks business was a recovery of more
than half of the previous weeks de-
cline in the majority of stocks. Last
week nearly all stocks declined from 81
TO per cent, except the Vanderbilt
stocks. which were an exception to the
general market and advanced from to
2points. The immediate causes of the
decline were the break in Sugur Trust,
on which the net decline for that week
was II points, and the decision against
the legality of the Chicago Gas Trust,
in which the net decline for that week
was 10 points. This week Chicago
Gas has recovered 4 points, and
Sugar Trust had recovered 5
points to "a on Friday, but
to-day lost the recovery. The price
of Sugar Trust is the subject of the
boldest kind of manipulation, and is
apparently as unsettled now as a week
ago. The opinion expressed in this COL
umn week ago that the insiders were
the heavy sellers from 80 upward,
holds good for this week. except that
the selling was from 20 to so and up
ward. The price of Chicago Gas has
apparently settled at about where it
will be firmly supported, and will prob
ably remain comparatively steady.
After Sugar Trust and Chicago Gas
Trust the most remarkable movement
bullion certificates, which closed
last Saturday at 1919, and have
advanced pretty steadily through the
week to 1861 at eleven o'clock to-day.
The railroad situation has not changed
during the week, and the latest reports
OF the earnings show that the average
increase from IL to 12 per cent in gross
earnings over the same time last year is
still maintained, as shown by the re-
ported gross earnings of fOrty-fOur roads
for the fourth week of May at So, 527, 1852,
being an increase of 1851, COG over the
same week last year. The earnings OF
the roads, and the general aspect of the
railroad situation are quite good enough
to lesu;tin furtn L advan' e n prices
stocks and bonds, and espt c.ally the
low-priced stocks, as soon as money
becomes plentiful. as is almost certain
to be the case before the end of next
month, especially in view of the efforts
of the administration to get the money
out of the United States treasury. The
expectation of some kind of legislation
on the silver question has become so
general that any failure on the part of
congress to do SO would probably cause
a reaction in prices in the stock market
for time. But capital is so abundant
in Europe and attractive investments so
scarce that such a reaction would prob
ably be overcome in few weeks. The
total sales of stocks to-day were 1865
shares, including: Atchison, $3.50; Del
aware, Lackawanna & Western. 1900;
Louisville & Nashville, 100; Oregon
Transcontinental, ALSO; Richmand &
West Point, 1855; ST. Paul, 6,410; Union
Pacifio 9O0