St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-02-08
FINANCIAL.
New York.

NEW YORK, Feb. 6.-lt was known today
that the presidents of the JERSEY Central.
Reading and Lehigh Valley were in confer
ence, and this fact, with the addition that
large order to buy Reading had been placed
in Philadelphia, large portion of which
was executed here and which was believed
to be buying for control. made the coal
stocks the one feature of the stock market
today, and their enormous transactions and
extremely rapid rise overshadowed the en-
tire market without giving any of the strength
manifested by them to the rest of the list
The general market opened strong, but
after slight gains in sympathy with the
coalers slight decline followed, and the
final change in the general list are all for
small fractions and generally losses. The
trading in Reading was something UMPIRE
cedented, Lackawanna was also extremely
active, but its transactions were far behind
those of Reading. All the coalers, however,
were unusually active and strong, and Jer-
sey Central took the lead in the upward
movement rising from 12l to 1864, and los
ing only fraction from its best price.
Lackawanna rose from 14Sl2 to 1872 while
Delaware and Hudson and Reading were
more moderate in their advances.
Distlllers at one time showed q gain of
per cent over its last nights price, but failed
TO hold it, and the other industrials were
quiet and without feature. Among the rail
road stocks Atchison was inclined to weak
ness; but. while Earle and Western Union
were active. their fluctuations were unim-
portant. The rest of the market was abso-
lutely featureless. and while. after the first
squirt prices settled down slowly the final
rally closed the market firm with great activ-
ity at insignificant changes for the day in
most stocks. Jersey Central is up, however,
lss per cent; Reading, 2ss, and Delaware L.
Hudson, 1l2.
The Post says: The railroad stocks alb
sorbed nearly all the interest in today's mar
ket. Yesterday afternoons adjournment of
the sales agents meeting was understood to
confirm the belief that general and radical
nUQrhQntinO of h..o or,in nlofir
is in progress. Evidences Of such negotia-
tons have not been wanting. Indeed some
thing of the kind has been almost inevitable
IN view of the Readings altered position III
by parties to the deal has gwen
opportunity for a multitude of more
or less extravaganza theories, all of
which must. however, be taken
with the qualification proper in the
case of any stock exchange rumor. Natur-
ally enough this violent advance from two
to five points piece in one group of stocks
has added activity to the rest OF the list
There were some indications of weakness in
the earlier trading, and efforts to engineer
special advances in some stocks were not all
successful.
Total Sales Of Stocks
today we're 356, go shares, including:
Atchison. II, 053N. j. Central 1920
Del, L. 4 W.. IS, $50 North. Pac. pfd 2,s2
Del. Hudson. 7.52olSt. Paul. ....... 600
Erie. .... 9250Union Pacific. 5,745
Louisville & NJ IL 800 Western Union. $3.50
Northwestern. g. 400
StOcks-ClOsing.
Atchlson ....... 3ss4IU. P, d. 4 c.. 1913
Adams Express. .147 Northwestern. 1I7ss
Alton d Terre H. 3lla do pfd. IA
do pfd...... ..12S N. Y. Central. .1147s
An. Express. LIE n. Y, G. & ST. L. 10
B. {. R. & NJ. 40 do pfd. rs
Canadian Pacific. 1914 Ohio & Miss 80. 224
Can. Southern. -. 60H do pfd .. SIS
Central Pacific 32I4 Ontario q Westn 1914
Ches. d Ohio :. 2514 Oregon Improvt. 25s4
do LIST pfd...... 81 Oregon Nav 49,. 50
3 do I'd pfd.. 49,. 43 North American. 1858
Chicago & Alton. 143 Pacific Mail 800. ~
Rio Grande West. So pittsburg. .....15 s0''
do pfd ......... 69a4 Pullman P. Car 1ss
C.,C:;C. st. L.. TIA Reading 49,. Asp
Del: & Hudson 12ss. St l. & S F. list pr. Z
d., l. W.. 1914 st. Paul. ........- 1914
D. d r. G. pfd... 40 do pfd - 1854
East Tennessee. 7la st. F., NJ. & NJ 1I3I2
do LIST pfd $500. 45 st; P. q Omaha. 4sss
do I'd pfd....... 1872 do pfd. ........1l4
Erie. ..-......... 3Oas Tenn. G. G. L.. 1919
do pfd. 71s4 Texas Pacific 1l34
Fort Wayne. .153 1ol. d o. G. pfd. SO
Chicago & E. ILL.,. 67la Union Pacific =. ABA
Hooking Valley. 3lls q. 5. Express :. 40
Houston d Texas 3I2 Wab., ST. L. & P 70
Illinois Central. .1GSl2 do pfd -. 2g5s
ST. Paul & Duluth ASIA Wells Fargo Elk. .t40
Kansas d Texas. IS Western Union. S1Ib
Lake Erie W.. % Am. Cotton Oil. 34I2
do pfd ......... 724s Colorado Coal. 36as
Lake Shore ..122A f1omestake $50. ~
Louisville & NJ. "A Iron Silver 49,. 1875
Louis. d y. \ :. 27b lOntario 43
Memphis q Chas. 20 Quicksilver.
Mich. Central. :. 107sl do pfd 5000. 20
NJ. L. S. d W. 93 Sutro. .. 5
*do pfd. .129l5 Bulwer .. 4U
Mpls. ~ st. Louis SI2 r. d. W. 7. Ter. I45s
do pfd ......... 10 Great N'rth'n pr 122l2
Missouri Pacific 62ss " s. Central -. is
Mobile & Ohio. 81 Chicago Cas-. 75ss
Nash. X CHAT - S6l2I cad Trust 1855
n. j. Central. -. 125ss Sugar Trust. 81
n. u w. pfd -. 50 Southern Pacific. 39l5
Northern Pacific 23a4lO S. L. & U. N. 29A
do pfd. G7l2