St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-01-10
FTNAN CEAH..
New York.

NEW YORK, Jan. 9.-On the stock ex.
change today the volume of business
was light, the speculation without set
tied tone and the trading purely pro-
fessioEal. There was no very great
pressure to sell, nor was there any par
tlcularly strong buying movement. al
though there were occasional bear raids
and times when stocks were readily
absorbed. But OF animation there was
none; London vas not in the market to
any appreciable extent, the commission
houses were idle and there was scar
city of orders from outside, on both
sides Of the account. What little news
of interest in the market was stirring
had little or no effect upon prices, which
moved up and down laZily within narrow
limits. as rule, as the respective stocks
were offered for sale or bid for The
monetary situation is so easy that the
reported flow of currency to this
center in excess of the shipments to the
interior passes unn0ticed. The Atchi-
son organization scheme is said to be
progressing favOraDly, but the report
did no more than maintain the price of
the stock at yesterdays closing figures,
An upward movement was started in
Chicago Gas on the announcement of
the election of the new board OF direct
Ors, which it is claimed gives in
creased financial strength 10 the corpo-
ration. 1t is claimed, too, that the con-
formation OF the board shows that the
control is now vested in the East Most
OF the Improvement in the shares was
lost before the close The UniIn Pa
cifc reorganization committee was in
conference today. but there was no de-
velopment of interest, and the shares
were lifeless. st. Paul showed most
London houses. An advance of | per
cent Oh last night was recorded early in
the afternoon, but was followed
by decline Of II in the final sales,
making loss of Il on the day. Burling-
ton IL Quincy was sold down Is per cent
III the morning, rose l per cent, and then
under bear drive broke "a, with a final
rally Of a. The changes in the other
grangers were confined to small frac-
ton. Considerable Western Union
stock changed hands between S555 and
84115, the closing being at S45s, gain of
3 on yesterday. Sugar was not neglect
ed by the traders. After an early de
cline of Is the stock sold up 215, but
rs from the top. Sugar preferred adj
vanced 81. Compared with yesterdays
closing figures the final sales of
today show but slight changes,
and they OH both sides of
the account,i in the active list. The spe-
cialities in few instances show ma
terial losses and gains, the notable de-
cllneS being 5 per cent in Cleveland,
Cincinnati. Chicago * st. Louis, 2sl in
Delaware. LackaWanna 81 Western on
sale of 100 shares, in Pullman, II in
Iowa Central preferred, and "a in
Wheeling 81 Lake Erie preferred. In
the list OF advances are American Cable
4, Great Northern preferred 2, and
Louisville'& Nashville 4. A directors
meeting of the latter company was to
have been held today, but failed for
want of a quorum.
The stock market made slight rally
at the close. The railway and -rniscel.
ianeous bond market was strong in the
morning., but became weak in the after
noon. The principal changes are:
Declines = Louisville, Evansville q