St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-08-29
CITY MORTGAGES
81
Negotiated on Improved Real Estate
at Lowest Rates.
E. w. PEET & SON.
j Manhatta Building.
FINANCIAL.
New York.

New YORK, Aug. 2S.-After yester-
days exciting day on the stock exchange
the speculation today was tame indeed,
by comparison. From the opening
until about 80 the market was heavy,
and with scarcely rally prices moved
downward. Then came a period of
dizziness. during which only the special
ties made any material movement, and
these also sought lower range of
values.
Speculation closed barely steady, the
final sales showing losses OH the day of
a to IA in the general list, exceptions
being st. Paul preferred, Delaware Il
Hudson, Louisville and Wheeling Il
Lake Erie, which recorded advances of
a each. Disabling was again the
leader OF the market in point of activity,
but the transactions therein were less
than third of Yesterdays sales. There
was heavy selling in the shares
at the opening, which came from
holders who hoped up to the last
moment that the trust would be able to
make its loan and take its spirits out of
bond. The failure OF this project did
not, however, cause any serious STAN.
pede, and the lowest figure to which the
stock fell was ISL, only ~ per cent
below yesterdays closing, and only "A
lower than the bottom price of yester-
day. The low price was reached shortly
after the opening, but before noon re.
covery had been made to 1917; during
the afternoon the greater decline was to
1875, from which there was a rally of d,
the closing quotation being "a per cent
OFF from yesterdays last sale. Sugar
was dealt In lrregularlv, and fiuc-
tuateds within narrow limits during
the morning, but was sold more freely
in ha oT n1 Al
for the day at decline of Is per cent.
A fairly good business was Zone in the
grangers, st. Paul being sold by Lon
don As well as by the traders. Some
good sized lots of Burlington were
placed OH the market by Boston houses
to realize profits. There was also some
slight liquidation in Rock Island, with
the result of losses of per cent In st.
Paul and Burlington and IL in Rock
Island. Northwest, on moderate sales,
fell off II per cent. Realizations sent
Louisville & Nashville down rs London
being among the sellers of the stock. A
recovery of Is had been effected at the
close. Pullman broke "a on sales of
800 shares. The other principal declines
0were American District telegraph, 2
per cent on the sale Of hundred-share
lot; Great Northern preferred, So;
|, Lead preferred, IA; Cleveland, Column
Gus, Cincinnati u st. Louis, Consolidat-
oed Gas and Laclede Gas preferred, IL:
Chicago Gas, Cotton Oil, common and
Espreferred, Tobacco preferred, Louis.
Vile. Il Nashville. Lake Erie & West
ern common and preferred. Kansas &
ID Texas preferred and New England GER
titcates. L; General Electric. Southern
preferred and United States Leather
preferred, q; Ohio Southern is down
\ per cent.
| >, The bond market was generally weak
GALL day, i'll sympathy with the stock
market, but some shares sold at an adj
nvance at the close.
- Declines collateral trust 6S, 6sI;
st. Paul l.. & ID. IS, ia: Texas Pacific
seconds. rs; Fort Worth Il Denver
City IS. Ogden Short Line IS. Reading
thirds (preference) and Tennessee Coal
and Iron. Birmingham division firsts. /,
Advances-New England Is, 31s; Erie
consol gold, III; Northern Pacific sec
ends, 21s; do thirds, "; st. Paul COLI
soils and Texas Pacific, Denver 81 Gulf
firsts, l.
The Total sales of Stocks
today were 1882 shares, including
American obacco. 1925; Cotton Oil.
2.230: Sugar, II, 1853; Burlington. II. 995;
Chicago Gas, 5.4l0; Chesapeake & Ohio,
5.955; Distillers, S3, 600; General Electric
3,165; Louisville u Nashville, 6,SOO;.
N. Y. u. N. E., 1855; Norfolk d W..
2,Sl6; Reading. 1850; Rock Island 9,O15;
st. Paul, 1850; Western Union. %. 500.
New York Money.
New YORK, Aug. 2S.-Money on call
easy at l; last loan l; closed at per
cent. Prime mercantile paper, S@51S
per cent. Sterling exchange dull. with
actual business In bankers bills mt
s4.S619@4.S7 for demand. and s4.s51S@