St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-04-10

the leading stocks. while the number of in
active stocks dealt in was something unpre-
cedented. The latter, however. developed
no feature Of interest. and the leaders monop-
ollZed the attention of the room completely.
The Western operators are great factors i'll
the market at present. and their purchases
exceed anything seen in the market Tor Tar
since the great break of last November.
To-day the foreigners came into the market
to larger degree than tor many weeks
There is considerable dissatisfaction with
the action of the bond market, which not
only does not partake of the activity which
marked the dealings in stocks. but fails to
respond to the improvement in values. The
opening to-day was active and strong, but
the realizations by the traders for a short
time checked the rise and even forced
slight reaction in prices, but the urgent de-
mand from all sides soon changed the TEN.
per OF the speculation, and heavy gains were
made in all the leading shares, with Burling
ton, Louisville and the industrialS leading.
Realizations also became prominent in the
afternoon, when Chicago Gas was forced
off over He per cent, followed by North
ern Pacific preferred which was still the
weakest point i'll the usually active list OF
special movements those in Great Northern
preferred. Buffalo, Rochester and Pittsburg,
Ontario IL Western were most conspicuous,
revival of the rumorS of Vanderbilt buying
raising the price of the last named over
per cent. The bears made strenuous efforts
throughout the day to check the rising tend
ency IN prices and IN the afternoon the re-
port that the reorganization of the Chicago
Gas Trust was a failure with other disquiet
ing stories. The effect of these influences
was sharp setback in Chicago gas, which
dropped away about 2q2 per cent before the
decline was checked. dragging many other
stocks with 1T, among which Northern
Pacific preferred was most promin-
ent. The reaction in the leading shares,
however, was slight as the influence of the
rumors wore off after denals. prices mount
ed again. though slowly in many cases. Bur
lington however. led the late movement and
Jersey Central also Joined the strong stocks,
moving up from 1.16s4 to LIS. The market
finally closed fairly active and firm at some
thing under the best prices, but almost in
variably higher than last evening. The after
noon's decline reduced the material gains to
Burlington 19s; Sugar, He: Lake Shore, 1is,
and Missouri Pacific / per cent with few
others among the inactive shares. Railroad
activity in the share list and the trades for the
day reached the respectable total of 81 1853,
000. though there were few material changes
IN quotations as the result of the increased
business done. The Atchison issues were
the active features, and the incomes fur
nished S220, 900 and the tours sos, 900 to the
grand total, both displaying considerable
strength Government bonds have been dull
and firm. State bonds have been dull and
featureleSs. Petroleum opened steady, and
May option became comparatively active,
and advanced 1Ac on Western buying. 1t
then reached He, and closed steady. PENN
Sylvania oil, spot, opened at 73lsc; highest.
73lSc; lowest, 73lSc closing at 7315c. May
"a AO0 hills