St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-11-26
FINANCIAL.
New York.

an active speculation on the stock ex-
change during the two hours of bust
ness today. In the early dealings a
very firm tone prevailed. Sugar was
about'the only weak snare on the list.
The buying was mainly local, for Lon
don was out of the market, prices being
about on parity in the arbitraee spe-
claltles, but purchasing movement was
quite steady, and under its influences
the active list moved up 14@315 per
cent, the latter New Jersey Central, 215
in General Electric, 17s in Louisville &
| Nashville, IL IN Colorado Fuel and
Iron. II in Northwest, and per cent in
Lake Shore, st. Paul & Omaha, Pacific
,, Mail and Minneapolis & st. Louis.
About IL O'Clock the market became
| heavy, largely on realizing sales, and
from then until the close the specula-
ton was feyerish and the tendency of
prices was reactionary, and the final
dealings were made AT decline
| of II per cent in General Elec-
trio. l per cent in New Jersey
Central and .9@3s per cent in the rest
! of tile general list. Sugar was weak and
was pressed for sale on the uncertainty
regarding, the proposed tariff. Opening
at decline of a per cent, the shares
fell offs per cent additional, closing at a
| recovery of % per cent. Insiders are
reported to have bought the stock on
the decline. The general market at the
close was weak, but a majority OF the
list was above yesterdays final figures,
including New Jersey Central %, Col
orado Fuel q Iron u. General Electric
and Louisville& Nashville 4, and Del.
| aware & Hudson. Pacific Mail, st. Paul
d Omaha and Minneapolis tS st. Louis
preferred per cent. The shares which
show decline are Sugar 255s, Sugar
preferred 2. and Manhattan II per
cent. The changes in the list on the
transactions of the week. so far
as concern the railway stocks,
are generally towards higher
prices. the principal advances being
Delaware & Dudson 55s, Delaware,
Lackawanna & Western 81, New Jer-
sey Central So, Reading Is, Susque-
hanna IL Western =, st. Paul & Omaha
preferred 5, st, Paul & Omaha con. mon
25s, st. Paul 2s5. st. Paul preferred ~,
Northwest 53s, Northwest preferred /,
| Burlington & Quincy 27s, Rock Island 356,
Lake Shore 23s, Michigan Central 81,
New York Central II, Canada South
ern 2, Chicago IL Eastern Illinois AZ,
o.
ferred 80, Erie common 1K, Western
Union 351s, c. c. c. & st. l.. and New
York. Chicago & st. Louis second pre-
ferred 8. Manhattan 2115. Illinois Central
and Pullman 2, Minneapolis & st. Louis
preferred 30, Plttsburg 6S Western pre-
ferred ~, Laclede Gas 3$l, Rubber pre-
ferred 3, Tobacco So, Lead preferred
~. Cordage preferred ~ and Chicago
Gas ~ per cent.
Among the shares which are lower
than on Saturday last are: Edison
Electric, 224; Louisville. Evansville d
st. Louis, 6; Rio Grande Western, 5;
Colorado Coal & Iron. 81; Lehigh &
Wilkesbarre, Louisville, st. Louis Il
Texas. 21S; Cordage, 2; Sugar and
Cotton Oil preferred. l, and Evansville
d Terre Haute, II per cent; Distilling
closed at the same price as on the week
before.
The railway and miscellaneous bond
market was strong, and the upward
movement was resumed, the volume of
business being heavy. Great Northern
seconds are per cent higher: Louis
vile, Evansville d st. Louis, 5X;
General Electric debenture fives, Ore
gon Navigation tives, So; Oregon
Short Line conso! fves, 81; Duluth,
South Shore d Atlantic fiyes, 3, and
skies, per cent. Erie funding fyes
sold at 20, against "a on Nov. IA. Iron
Mountain firsts AID Missouri. Kansas d
Texas frsts declined per cent. The
most notable advances on the week,
Louisville, Evansville d st. Louis con-
soils fives, ~, and Fort Worth &
Denver City SKIES and Kansas Pacific
consols, 81 per cent. The only serious
declines from last Saturday are Cleve-
land & Canton firsts, 9. and Galveston,
Houston q Henderson fiYes, 81 per
cent.
The Total Sales of Stocks
today were 17o,7OO shares. including:
American Sugar, 62.70O; Burlington d
Quincy, 6.400: Chicago Gas, $500; Dis
tilling and Cattle Feeding. $500; Gen
eral Electric, IA, 500: Lake Shore, 5000;
Louisville & Nashville, $500; Missouri
Pacific, 2,4O0: Northwestern, 400;
Reading. .9,400; Rock Island, 400;
ST. Paul, 12,200; Western Union, 5000.