St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-10-19
FIN ANCIAL.
New York.


New YORK, Oct. 1S-The stock MARI
ket opened and closed firm, and in the
interim speculation was somewhat I'M
settled, but prices in the main were
well held. and in majority of cases the
result Of today'S transactions is anaad-
vance in prices ranging from to ~.
The volume of business was lighter
than usual, the trading being restricted
by renewal of the talk of impending
gold shipments due to the hardening
tendency exhibited by the sterling ex-
change market. The stock exchange
bears prophesied gold shipments on
Saturday at the latest. but none of the
banking houses which do this business
would state definitely that any gold
would go forward this week. The best
opinion IL that sterling exchange
must make a further advance TO rem
der exports at q profit possible, and
that in any event the movement would
be slight: The question was, however,
sufficiently doubtful to make intending
purchasers cautious. and yet the export
interest was somewhat timid to put out
fresh lines Oh such slender threads as a
prospective gold-shipping movement.
Trading. therefore, was limited to play
ing for points by the room traders, ex-
cept i'll some specials. Sugar, as usual,
took the lead in the transactions. OPEN
ing at an advance of %, and immedi-
ately taking turn downward. touch
ing $50, d break of l3s. 1t was purely
clique movement. and having apnar.
emily reached tine desired low point, the
manipulators sent the stock up to S6N,
closing at within e OF the best and n
arIa x,yo al.
ing. the preferred gaining a per
cent. General Electric, which has not
been particularly active for some time
past, came into prominence in the trad
ing at the opening, losing and regaining
p per cent in rapid succession, and then
Oil sales in liquidation of long account
and also for the short account a break
of per cent was effected, the bears
finding the stock in good supply aud
hammering it badly. The final sale
was within Is of the lowest. OF the
granger group St.Paul was most largely
dealt in. but fuctuated within ID per
cent limit and closed g off on the day.
Burlington & Quincy moved within a
range OF y and Northwest 81 per cent,
both closing unchanged from yes
terday. Rock Island gained q
on the day, moving within a
ranges of q per cent. Chicago
Gas was strong on buying by bull
clique in the stock, advancing 81 and
retaining all but Is thereof to the close.
In the rest of the list the trading was
light, but some of the specialties fluctu-
ated widely. Oregon Navigation broke
per cent on sales of 200 shares: Mime
apolis d st. Louis, st. Paul, Minneapo-
lis g. Manitoba lost II. The Rubber
shares were strong. the common, on
purchases of 10 shares, advancing u.
Baltimore Il Ohio recovered l per cent
of yesterdays "a per cent break; Pull
man shows an improvement of per
cent. The other changes were merely
fractional.
The bond market has been in good
tone throughout the day, and most of
the issues traded in have recorded adj
vanceS. The trading was fairly active,
the total sales reaching 1927, 500. The
most important changes OIL the day are :
Minneapolis & st. Louis firSts said at
13l against 1875 on Aug.21; do seconds ads
vanced 81, and do equipment IS, l; East
Tennessee first extension IS trust res
ceipts and Mobile & Ohio new Is, 2;
Cleveland Il Pittsburg sinking fund rs
Keokuk & Des Moines firsts. Louisville
IL New Albany general IS, North Mis-
souri, firsts, Memphis & Charleston IS,
Wabash seconds and Wheeling q Lake
Erie. Wheeling division firsts, l.
Declines - Mexican International
firsts, ~, and Chicago & Northern Pa
cific firsts. trust receipts, Seattle, Lake
Shore d Eastern firsts. trust receipts,
and Union Elevated firsts, l.