St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-06-16
FINANCIAL
New York.

NEW YORK, June 15.-MOro than
one-half of the days transactions on the
stock exchange were in Sugar, and In
only three other shares did the sales ex-
coed 5000 shares, namely: Chicago Gas.
st. Paul and Union Pacific. There was
some buying of Sugar at the opening to
cover short contracts, which caused an
advance of IL. but the upward advance
was quickly checked by bear raid
upon the stock, under the influence of
which decline of ~ was made. The
reaction brought in some buyers, whose
purchases caused rally of 2, but the
higher range of values induced fresh
attack by the shorts and reaction of
l. which was followed by recovery. of
q, and later by decline of ~, BRING
the price down to 9655ss, the low point OF
the morning. In the final dealings a
rally OF. N took place. Of which e had
been lost at the close. the final
OH yesterday. After an early reaction
of e, Chicago Gas took an upward turn
under purchases for the account of i
prominent bull in the stock, and rose :
before noon. After midday there were
realizing sales which caused slight
depression in the stock. which gave way
a, rallyings2s, and receding "a, closing
at an advance of q on the day. OF the
granger group ST. Paul was the only one
that showed any special activity, and
even in this stock the sales were smaller
than usual. The fluctuations, too, were
limited to a range OF q, the last beifl&
the lowest price Of the day aud "a below
yesterdays firai sale.
Some long Union Pacific stocks were
brought out by reports that a big assess
ment would be levied on the stock
under the reorganization plan "a decline
of g resulted, of which Is Wasrecovered
on the better report of April earnings
than had been anticipated in view Of
the low estimates put out by the bears
during the past five days. London was
in the market to only a limited extent.
merely as small seller of st. Paul and
one or two other of the International
stocks. United States Cordage shows
an advance of II; Laclede Gas pre-
ferred, 211s; Alton & Terre Hau.e. 8,
and National Cordage, 1; while declines
were recorded of l & in Cotton Oil and
In Minneapolis Il st. Louis preferred.
The other changes are fractional.
The bond market was irregular and
unsettled, the principal changes being
as follows: Advances-St. Louis & San
francisco c0nSOiS Is. ~; do general
As. rs; st. Paul rs. gold, Ohio South
ern Isis and Oregon Snort line 6's, each l.
DecliBes-St. Paul S. Nj. lists. 81; st.
Louis q San Francisco trust SIS. 8;
Kansas Pacific consois, Q; do SIS of 96. 1;
U. s. Cordage lists. N; st. Louis South
western Eds, 13s; Union Pacific as of
'99. N, and Fort Worth & Denver CITY
6'S. l. Union Pacific, Lincoln & Colo
RADIO lists sold at 81, against 40 OH April
26. and recovered to 40.
New YORK, June 15.-The Evening
Post says: Some genuine long stock
may have been sold on yesterdays forced
market weakness, but it was not suf-
ficient to demoralize today's prices. On
the contrary, there was tendency in
one or two quarters TO return to yeSter.
days early level. AS whole the mar
ket experienced little change. Sugar
certificates and Chicago Gas did, how
ever, after good deal Of rearing and
pluneing, struggle up to higher level,
aud there was, on the other hand, a
tendency to somewhat lower prices in
several stocks Of solvent railways.
The Total Sales OF Stocks
today were 1910, shares, including:
Atchis0n, 800; American Sugar, So
300; burlington. $500; Chicago Gas, 49,
600; st. Paul, $500; Union Pacific, COCO.