St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-07-14
FINANCIAL.
New York.

NEW YORK. July 13.-rhe share spec
ulation opened firm and was strong
during the morning and early afternoon.
The market began To be unsettled soon
after midday and small part of the
list sagged off subsequently, rallying
with slight reaction after delivery
hour. The final dealings were, however,
III good tone and The market cloSeda
strong, prices showing a very general
advance from 4 To per cent. 1t was
pretty nearly taken for granted at the
opening of business that the collapse OF
the strike was near at hand, and conSe-
Quenuy when the announcement
reached the street that President Debs
mad officially declared the strike oil, the
news merely served to hurry the shorts
10 cover more quickly. The usual dis
counting process had been done by the
street, but the buying became more con-
iident and holders of stock were less
anxious to part with their securities
except at advances on the current quo
tatlOnS, and Iii this way the actual end
ing of the strike helped prices to reach
higher level.
Sugar advanced Is TO 9915. In the
latter dealings the stock moved back to
.S%s, closing at recovery of "a, AMI TX
higher on the day. Chicago Gas, after
an early decline Of Is; rose steadily
throughout the day. selling I'D 215 aud
closing at the top figures.
In the afternoon Washington adyices
were received stating that the conferees
OF the house Oh the tariff bill favored
decreasing the spirits tax from s1.10 to
81 and the bonded period. The whisky
people having been baSing their calcula
lions on the senate bills going through
so far as regards the spirits tax, there
was rush to sell on the nnfayorable
news, and decline of 2} from the high
ngure OF the morning was quickly eff
Iected, with IA final recovery OF "a, max
ing the loss from yesterdays closing Ia.
The passing of the dividend by the
Lou syiile IL Nashville is regarded as a
wise policy, and brought the stock into
demand today, causing an advance of
8. with reaction OF g at the close.
Z. I. Z. " St. Louis shows an advance
Of Is, Louisville, New Albany u.
Declines were recorded Of 4 in Tobacco
preferred and per cent i'll Rubber.
The bond market was fairly active
and generally firm, the leading changes
beng:
The Evening Post says: A quiet
buying movement. neither large in
volume nor sensational in methods,
carried prices steadily up today. 1t was
CHIEFLY made up, no doubt, from dis
appointed spectators for the decline,
who abandoned their field today with
much the same Respondent cuo.ness as
the defeated labor autocrat in Chicago
abandoned Ills. Holders of stocks were
not particularly ANXIOUS to supply these
demands OF board room operators. ana
each bid of any size fixed higher level.
The reaction during the afternoon was
generally slight and the closing firm.
ADV ances Kansas City & Pdcifc
firsts, ~; Northern Paclnc threes. u:
WaOasha seconds, Oregon Improve
ment firsts, Northwest deDenture 5s OF
1900. Kansas Pacific consols.1 per cent.
Declines st. Joe IL Grand Island
trSts and Lake Erie, Western IS, IL and
Chesapeake Il OHIO IS, 1 per cent;
Galveston, Houston& Henderson IS sold
at 40 as against,6d OH March 20.
the Total Sales OF stocks
today were 136,931 shares, including:
American Sugar. &c, 100; Burlington,
$50; Chicago Gas, 24,9O0; Distilling
and Cattle Feeding, 1900; General
Electric, 7.700; Reading, 3, 100; Rock
island, $500; st. Paul, 500.