St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-06-10
FINANCIAL.
New York.

NEW YORK, June 9.-The stock mar
ket was quiet today and without impor-
tant feature outside the dealings in
Sugar, which was fairly active. In this
stock brisk selling movement was in
augurated on reports from Washington
to the effect that there is prospect
that the tariff bill will be modified to
the injury of the American Refining
company. The shares opened &c lower,
and gradually declined until further
loss of per cent had been established.
The preferred stock fell off N per
cent. In the general market, which
was firm, little was doing except
Ill Chicago Gas and St. Paul. London
was not in the marker. and the business
was practically confined to the local
traders. The speculation was heavy in
the final dealings, and the market
closed rather weak for a majority of
the list. st. Paul f1uctuated between
6l1 and 6O5ss, closing within Il oftile3
lowest figures. Chicago Gas was in
good request at the opening, selling up
per cent to tx. but sagged off in, the
general depression toward the close-&
pGI CSUbs HS OIlCI CudukeS dUUVe
fractions were: Lead, IL; Tobacco /.
An advance was made in Rubber of az.
The result of the weeks transactions
has been great appreciation in values,
but some few shares show decline
with the final sales of the week previ-
Gus, notably Sugar, which is down
%. New York, Chicago & st. Louis
first preferred has declined 2; Louis
yille, New Albany preferred, IN;
Evansville & Terre Haute and Great
Northern preferred, 8; Oregon Naviga-
ton, 81, and Westinghouse Asserting,
50 per cent. Among the more prom
lnent advances are: Distilling and
Burlington, ~; Rock Island. ~; Chi
cago Gas. ~; United States Leather
preferred, st. Paul q Northwest pre-.
ferred 2; do common, 81; G.. C., e. &
st. L., "a; Rubber preferred, 219; Gen
erai Electric 25S; Cotton Oil 3X; Cotton
Oil preferred 35s; Tobacco 81. and New
York, New Hampshire & Hartford 5a6
per cent. The market today was gen
orally heavy and declines were noted in
Colorado Midland As of 2 per cent;
United States Cordage firsts, Kansas Il
Texas seconds. San Antonio & Arkansas
Pass As, and Minneapolis q St. Louis
Pacific extension 6rsts per cent. Ad-
vances-Loulsville & Nashville, N. o.
& NJ. firsts, and st. Paul. Hastings &
Duluth Is, l per cent: Seattle, Lake
Shore & Eastern firsts trust receipts sold
at As against so ON May "a. Union
Pacific. Denver d Gulf frsts sold at So
against Al OH May 25 aud la ter rallied to
81. The principal changes ON the
weeks transactions are: Declines
Union Pacific collateral trust Is, II; do
Denver IL Gulf iirsts. 4; do IS of '99,
81; Kansas Pacific conSols and Seattle.
Lake Shore & Eastern first trust re-
ceipts. 5. and Baltimore & Ohio consol
IS of 1898. per cent. Administration
& Terre Haute divisional bonds. 10;
Georgia Pacific firsts, 6sl; Wabash de-
bentures. series B. 6; Louisville New
Albany consols and Oregon Improve
meDt IS. each per cent.
The Evening Post says: Activity in
railway stocks and the advance in grain
prices were checked simultaneously to-
day. The slight reaction in grain, how
ever, was easily due to the fact that
the government crop report for June is
to appear this afternoon. With all the
grain trades want of faith i'll govern
ment estimates the figures are bound to
influence speculation. perhaps the more
so from the fact that the Kansas state
reports under the present Populist reg
gime are by no means above suspicion.
The Total Sales of Stocks c
today were 66.3S2 shares, including!
American Sugar. $1,000; Chicago Gas.
$500: Distiiling and Cattle Feeding
1900; General Electric, 1900; Missouri
Pacific, 1,700; St. Paul, 6, 100.