St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-12-02
was absorbed gave little backbone To

was absorbed gave little backbone to
the holders or the shares, ami purchases
were made atIncreaSing figures I'D to
~, when the offerings increased in
volume, resulting i'll reaction TO 25 Is.
which was followed in the final deaf
lngs by an advance to 2S4, the highest
ahd last price. The appreciation in
these shares was due to Washington
dispatches announcing that material
advance would be made i'll the tax on
Splits. Chicago Gas was bought Large
~ on Western orders during the morn
ing which sent the price up TX, and
Which were accompanied by q rumor
mat a cash instead of scrip dividend
would he paid. During the afternoon
there was SOME quiet selling credited to
IlquidatIonS of insiders, and the price
SagGed Oh "a per cent, with a final re-
cOVery OF p Der cent in tire general
good feeling which prevailed at the
close.
In the general market one of the most
important moves was a drive against
chicago. Burlington IL Quincy due to
reports of bad November statement.
After IA rise of "a at the opening the
stock declined o. the lower quotations
bringing III buyers and causing a rally
OF q per cent, which was held 10 the
close lie market at large was strong
at the opening and in the early deal
ings. Denver 4 Rio Grande recorded
the greatest advantage. IL per cent, of
which it held IA at the close. The
dealings became unsettled very soon
ana continued irregular during the
day, with frequent fluctuations be-
tween strength and weakness. In
the last half hour the temper
OF speculation underwent a marked
G04nUR ch
ward turn, which restored values to
within fraction OF the best figures of
the morning III many cases. and beyond
them III others, some shares. however,
sharing only slightly i'll the advance
compared with Wednesdays closing
sales. The principal advances are:
Union Pacific, 80; General Electric,
2]5; Union Pacific, Denver Il Gulf, 2;
Atcnison. II; Distilling and Louisville
" Nashville, u; Northern Pacific
preferred. s, aud Missouri Pacific, l.
The shares which show the greatest
depreciation on the days transactions
are American Tobacco, 81; Lead, |;
do preferred, / 3 Michigan Central and
Lake Shore, II; Consolidated Gas, IL,
and Colorado Fuel 81 Iron. l per cent.
There was a strong tone to the bond
market throughout the day; the chief
advances were: Kansas Pacific conSolS.
Al; AtchisOn tours, 21; Atchisons sec
onds, 2; Missouri Pacific. Kansas u
Eastern frsts, 2: Toledo q Ohio Central
frstS, ~; Atlantic IL Pacific fourS. 2:
New Jersey Midland tirsts. TX; Rich
mOnd Terminal Trust skies. trust re-
ceipts, 3: Denver u Rio Grande tours.
2; Fort Worth & Denver City skies. ~;
Erie seconds. ~; Cincinnati. Dayton IL
Irontown fVes, II; st. Louis & san
Francisco, class B, II: ST. Louis u san
Francisco, class c, II; B eech Greek
tours. /: Northern Pacific firsts, l, and
first conSois per cent.
The declines are: Chicago 81 North
ern Pacific firsts, u, and iron Noun
tain tiveS, l pei cent; Houston & Texas
Central firsts fives sold at 100 against
los on Nov. 10; Chicago IL Erie incomes
sold at 81 against 80 Oh Oct. 81, seller 20,
Dat reacted to 371z.
The Total Sales of Stocks
Today were 26l.2 200 shares, including;
AtchiSon, 15,0OO; American Sugar. TO-
200; Burlington & Quincy, 1900; Chi
cagO Gas, 400; Distilling. 5000;
Louisville q Nashville. $500; New
York Il New England. 400; Reading.
G.4O0; st. Paul, 22.200; Union Pacific.
1880; Western Union, 10. 400.
CIossnr