St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-05-27

a depressing effect on the arbitrage
shares here. Sugar led in the deal
ingS. fluctuating within a .rangS of 9
per cent. There was pressure to
sell the stock at the opening. which
caused break of l rs Der cent, btit SUP
porting orders came in. causing a
prompt and complete recovery. A re-
newal of the selling movement, now
ever, resulted in a Steady decline until
q loss of 2 per cent had been expert
enced, which was followed by a recoy-
cry OF Is. the last sale being at Il de-
cline OF e on the day. Announcements
made with authority bo:h here and in
London that the next dividend in New
York Central. due in June. would ue
declared at regular rate, caused the
shorts to cover hastily in the other deal
ingS, and caused all advance OF 214 per
ceut. Wien the demand frum this
quarter was supplied the stock sagged
off 10 the close, making Il los Of " per
cent from the top price.
The granger shares were strong dur
ing the first hour and rose 4@l per
cent, the latter Rock Island, but in the
later trading declined 4@I per cent.
Lake Store advanced ~, reacting ID.
After an irregular inning the general
market became strong and the trend of
PilSNo NU9 GtiLil iiSol IL " ClOChy
when the upward move was checked.
During the next hour the speculation
was rather feverIsh and unsettled, but
i'll the final dealings recovered its tone
and closed fairly steady. Louisville &
New Albany shows an advance on the
day of IN, Mobile IL Ohio and Rub
Der per cent. while Lead preferred is
up IA and Central Pacific l per cent.
The other changes were merely frac-
tiOnal.
The market has been rather unsettled
during the week, but ON the whole the
tendency has been toward higher
range of values, and us result OF the
weeks trading most of the shares dealt
in show higher prices at the close than
at the end of last week. the more i'll
portant changes being: Advances
Sugar, do preferred, 4 Chicago Gas and
National Cordage, 41s; do preferred, 5;
U. S.-~Cordaye. 4; do preferred. s.;
Tobacco. 3ss; Great n orthern preferred
and National Starch preferred, 8;
Wheeling aud Lake Erie preferred, 2N;
Manhattan and Susquehanna q
Western preferred, ~; Chicago
Il Alton, Rubber and Western
Union. 9: the gran9ers 1I@l%.
and Distilling. ~ per cent. The prln-
cipal declines were Hooking Valley
4 Hartford, s: Evansville IL Terre
Haute. AZ; Cotton Oil preferred, 81;
Long Island, ~; Baltimore & ONO
and Chicago IL Eastern Illinois pre-
ferred, IN; Alton Il Terre Haute, Buff
falo, Rochester & Pittsburg and Interior
CONDUIT. ~; United States Express
and New York, Chicago IL ST. Louis
first preferred, 2, aud General Electric
h Der cent.
The railway and miscellaneous bond
market was strong throughout the day.
and advances were recorded of 20 in
Oregon Navigation firsts; 21a. United
States Cordage tirsts; 2, Dubuque q
Sioux City seconds, Equitable Gas of
Pacific eXtention firstS; ~, Northwest
twenty-tive-year. .debenture IS; ",
Union Elevated tirsts, and l per cent.
st. Paul Fights. Southern Pacific,
Arizona tirsts, and e.. G., &. q ST. Louis
S division Is declined l, and Peoria 4
Eastern tirsts, IL per cent. On the
week tile market has been firm
for the more 2 active securities,
but weak for some of the usual.
ly inactive issues. The principal
changes are: Declines = Louisville,
New Albany u Chicago consols, s.; Pc
oria, Decatur & Evansville lists, Evans
Vile division. 8; Iron Mountain IS, AZ;
Union Pacific, Denver & Gulf lists. 4;
B. q o.. Southwestern income lists.
series b, and Louisville q Nashville, st.
Louis division DDS. 80: Hooking 5s. So,
and Erie I'd consols and Toledo, Ann
Arbor lists, 3 per cent. Advances-Alil-
waukee q Madison lists, Proctor &
Gamble lists. 5: Northern Pacific lists
coupon, 31s; Northern Pacific lists reg
istered, 35s; Northern Pacific Dds, ~ :;
Pacific consols IS. q per cent.
The Evening Post says: Today's
market was Oh the whole rather free
from the shaip work which has charac-