The sun. [volume] (New York [N.Y.]) 1833-1916, 1894-03-04

st. Paul Company for the last week n Fsbru-
arg and for that month. gave = fresh impetus
10 the upward msnt Of prices.
On sales Of 10000 shares St. Paul closed
nearly q point higher than yesterday, while
Sugar Refining which was frat in point Of sc-
tivity. on less than twice the transactions in
St. Paul. closed IL \ cent higher. Other note
worthy net advances to-day we're in G.. b. and
Quincy. Rock leland, and General Electric.
The remainder Of the list was quiet. The
bank statement had little Or no sf-
feot upon the speculation. as none Of
the changes vas important The loans
have been decreased nearly S2.0oO. 900. pre-
sumsbly on account Of the distribution OF the
new Government bonds. A gain Of over $3.50.
900 In lawful money prevented the decrease
in loans from showing to its full extent in the
deposits. which are only q million less than
week ago. The net result IL an Increase In the
surplus reserve OF little over 81 .0O0.OOo.
Interest in our foreign trade relations has
been revived by the shipment Of million and
. quarter In gold to France II was learned
to-day that this transaction was made posi-
BILE By the action Of the Bank Of France In al
lowing interest on the specie while in transit
As matter OF fact. the bank places the
smount Of each shipment at the disposal OF the
consignes as soon as IL Is advised by
cable by the steamship agents here that the
specie has been shipped. With this advantage
II would not be surprising II certain foreign
bankers should ship Q considerable amount Of
specie during the next few weeks. especially
a. foreign exchange is ruling high and i'm
ports OF merchandise during the last week
show large increase over the previous week.
At the same time exports are not increasing.
and at this port have temporarily fallen below
the value Of imports
The general trade reports tell OF . little
more activity In business at . number OF
Western and Southern points and some i'm
provsment In the industrial situation. At the
East, however. no improvement is noted.
Bank clearances are larger In volume than for
several months past. but are still 40 Y cent.
less than q year ago. Progress In railway
reorgAnizstions. though slow. continues to
exert an influence upon the security market.
which many people regard as foreshadowing
an important factor in the near future. Much
depends. however. upon the condition OF the
transportation industry. for unless an i'm
provemsnt in earnings takes place. as In the
case OF the Rich mond Terminal system. reor-
ganizations will unousstionably have to be
held In abeyance
AZ compared with the final prices OF last
Saturday the list is higher with the exception
OF New England. which was = v cent lower.
The moro important net advances were Gen.
eral Electric. 81 cent Burlington and
Quincy. az: St Paul. 81: Rock Island. 2h:
American Sugar Refining and Manhattan. St
each: Cleveland. Cincinnati. Chicago and 2E
Louis and New York Central. 2 each; Louisville
and Nashville. Ak: Northwest TX; Omaha
and Western Union. IN each Missouri Pacific.
TX: Southern Paoific, X; Distillng and Cattle
Feeding. / Union Pacific. y: Northern Pacific
preferred. \; Atchison. Reading. and Wheel
ing and Lake Erie preferred. X y cent each.
Final sales compare with those OF yester-
day a. follows: