St. Paul daily globe., 1894-03-13
made, of which 1c was lost at the close,
eaving only gain of a per cent on

Hdue, Oh WHICH ~ was lOSt at the close,
leaving only gain of a per cent on
the day.
st. Paul led the market in point of
activity, and on buying for pool, said
to be Identical with the party which re-
Gently ran up Sugar and Burlington &
Quincy, rose e per cent to 63. London
houses sold some small lots and the
room traders took profits, sending the
stock down to 621s, the last sale being
ct a recovery Of 4. Burlington &
Quincy, after all advance of 81 in the
opening trading. fell off ~ and rallied
g per cent. Chicago Gas rose 1s6 per
cent on buying, large portion of which
was on orders from Chicago. During
drawn and reaction of l per cent was
effected. with subsequent recovery of
a. DIstiliing. after an early advance of
q. lost the improvement, and later raj
lied Is per cent. The National Lead
shares were features of the speculation
being bought heavily on the better pros
poets OF the company, in view Of the
fact that the proposed tariff bill is less
unfavorable than was expected. The
common stock advanced 24 and the pre-
ferred ~. both closing at the top price.
western Union, after an early advance
OF IS, broke on selling believed to be
remarkable as the directors of the COM
pany meet tomorrow and will, it is eX-
pected, declare the regular l Il per cent
dividend. The rest of the market was
larry firm during the morning. but be-
came rather heavy after midday, but the
early Improvement was only partially
lost. During the last half hour the
buying was good, and the speculation
closed firm, the great majority of the
list showing an advance Oh the closing
hgures OF Saturday, which ranged from
a to II.
Missouri Pacific received little boom
on the return of George Gould from an
inspection tour of the system with good
reports of its future prospects. There
was quite brisk buying OH the shares
during the morning. causing an advance
OF ~ per cent, of which 5s was lost in
the last dealings. PhGuiX mining de-
clared 5 per cent to l3, recovered the
loss, broke to IL and closed at Is. The
bond market was strong early in the
day, slightly depressed after noon, but
closed firm. The principal changes:
Advances-Toledo. Peoria IL Western
firsts. ~: Minneapolis q st. Louis Pa
c.fic extension firsts. Oregon Railway
and Navigation trust tiveS, each per
cent.
Declines-Pittsburg & Western, ia,
and Mobile & Ohio new skies, per
cent. Reading third convertibles sold
at 2S1a. against Is the last recorded
transaction.
The Evening Post says: One of the
most interesting features of the recent
market is the rapldity with which, even
while the Old short interest is being
driven out, a new short interest forms
OF sufficient size to cause continued
scarcity of the most active stocks in the
borrowing department. All this con-
firms the belief that recent raising of
the stock market level was a normal
and permanent change. The net re-
suit, in fact, of all the last fortnight'S
operations is that a large amount of
stocks have been virtually taken out OF
the market and have found resting
place in the hands of local capital. The
incident is historically noteworthy, as
perhaps our first instance of sharp
after-panic revival in security value,
not only without foreign support, but
III the face of foreign selling.
The Total Sales of stocks
today were 172,4 shares. including:
AtchiSon,6 6, 100; American Sugar, 5000;
Burlington, 10, 10O; ;Chicago Gas. 13. TOO; Z.
G. G. IL st. L., ,5, 400 ;DistlilerS and Cattle
Feeding, 12.300; General Electric, $500;
Missouri Pacific. 1900; Reading, 1850;
Rock Island, 4,4O0; st. Paul. 24,5O0;
Western Union. S,7O0.