St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-08-24
FINANCIAL.
New X0-k.

NEW YORK, Aug. %. - The vol
ume of business OH the stock exchange
today was fairly good, and the dealings
were well distributed. 1t was bull
market, aud at. the close substantial
gains had been established on the days
transactions, in which but few shares
failed to participate. A feature of the
speculation was the brisk demand for
the Vanderbilt shares, chiefly Lake
Shore, of which there was but a Scant
supply in The market, in which large
short interest was developed The up
Ward movement in Lake Shore was
started by an attempt to fill large or
der 10 buy the stock for a short
interest. Sufficient stock was not
obtalnable; to complete the
order but the stock was bid up by the
Traders aud before noon touched 139, an
advance Of AZ percent on Yesterdays
closing. During the afternoon the
'rdIdiug in this stock was light. the clos
ing price being at Il reduction of "A, but
S9s per cent advance Oh the day. A
sympathetic advance was mada in the
shares OF the group, including TX in
Canada Southern and ~ in New York
Central. with final reaction of "A in
Canada Southern and q in New
York Central. In the grangers
there was. very good bny-
ing, notably in Chicago. Burlington &
Quincy, in which 1t is said bull pool
has been formed. Burlington opened
q higher, rejected a, sold up IL. clos
ing IS from the top. at an advance of
"a ON yesterday, st. Paul. which
was bought by London as we'll as by
LEGAL operators, rose Is, of which all
put g was held to the close. Rock
Nd II, +
per cent of the gain, Northwest
moved up 1sS. with final reaction of
q. The coal stocks were un.
usually strong, possibly on the
prospective improvement in the trade.
Delaware q Hudson recorded an i'm.
provement on the day of "a; New
Jersey Central, ~; Delaware. Lacka-
wanna u Western, 2$[, and Reading,
"a. The other prominent advances on
the days transactions were New York,
Chicago & ST. Louis first preferred, 6;
do second preferred and st. Louis first
preferred. 6: do second preferred, IL;
do common, l; United States Leather
preferred. 80: Consolidated Gas,
N; Manhattan, ~; Great North
ern preferred, "a; c., c., c.,
d st; Louis, ~; st. Paul 6 Omaha,
and Erie and Richmond Terminal x per
cent. Sugar was comparatively neg
lected. fiuctuatiDg between 11415 and
1879, and closing ~ below the highest
figures. but ID up on the day. The only
declines of moment recorded were II
in PittSburg and Western preferred, a
in Canadian Pacific and q in Pullman
and Oregon Navigation. The market
closed strong.
The bond market was strong and yery
active, the days transactions aggregat-
ing S1.903.000. Reading issues were in
good demand and recorded material ad-
VanceS. including gain or "a in gem
eral IS. 21s in first preferences. q in the
seconds, ~ in the thirds and a In the
deferred incomes. The entire list
traded in moved upward, and the adj
Bay, Winona & st. Paul firsts, 21b per
cent; st. Paul second rs, Q: Chicago
Gas tirsts, ~; Fort Worth Il DEN,
dayton ''s iro sss; s. ~ :l9 Gsnsrs
Electric debenture IS and Erie second
eonsols. Is; Erie trust receipts, TX:
Elizabeth u Big Sandy firsts, Interna-
tioual q Great Northern seconds, Ma
tionai Starch 6rsts. Northern Pacific
firsts. Northern Pacific (Montana) irsts,
Richmond 81 Danville stamped 5s,
Richmond Terminal stamped Us, New
York q pennsylvania trsts, per cent.
The Total sales of stocks
today were 23S.OOO shares, including:
american Cotton OH, $500; Sugar, 49,
500; Burlington, $1,000; Canada South
-ern, $500: Chicago Gas, 300; Cleveland,
Columbus, Cincinnati d ST. Louis. 900;
sDistillers aud Cattle Feeders, 37.4OO |;
General Electric, 1900; Louisville g.
Nashville, 6,2o0; Manhattan, 5000; Mis-
souri, Pacific, $500; Omaha, 3,4OO; Read
ing. II 500; r. IL w. 2. certificates (tifth
assessment paid. 100; Rock Island,
1l,6O0; ST. Paul, 10000.