St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-06-04
FINANCIAL.
New York.

NEW YORK, juno IA fairly good
business was done on the stock ex-
change today for Saturday, but two
thirds of the transactions were in three
stocks-Sugar. Chicago Gas and St.
raul, the first named, as usual. being
most prominent i'll the dealings. A
good many orders to buy Sugar were in
the board at the opening. and as but
little stock was offered the stocks moved
up sharply. with an occasional fractional
reaction, to 1.04s. an advance of 356 per
cent from yesterdays closing figures.
The improvement was accompanied by
rumors that Sugar interests had takena
favorable turn in Washington. but
last sale was made within
a quarter of the highest point
touched. The preferred stock rose ~
to 95 per cent. reacting to 94H at the
close. The bull pool In Chicago Gas
moved the price of that stock up IL per,
cent on steady buying, and closed it 4
below the best of the day. Reports
from Chicago as to the attorney gen
erals suit against the company are
rather vague as to when it will be pre-
scented for trial, but at present this liti-
CATION seems to have little influence on
the speculation i'll the stock. st. Paul
was the only active stock of the granE-
5SI. and closing at yesterdays
closing price. Burlington & Quincy
moved within the same narrow
range. and closed unchanged
from yesterday. Rock Island lost
Il. Lead made a gain of ~, aud Texas
Land 13s. Declines were recorded of
~ in Tobacco, III in United States
Rubber, and per cent in Richmond
Terminal preferred. In the rest of the
list the changes we're mere fractional,
with majority of the active shares
slightly higher. The market. while
generally dull, was fairly firm during
two hours of business, and closed strong
in tone. During the week the market
moved irregularly. The trend OF prices
has been in the main toward lower
range of values, with the exception of
some of the industrlals. Sugar making
a gain of 81; Sugar preferred,
2: Chicago Gas, ~; Lead. 2A,
and Lead preferred. 2. New
York. Chicago & St. Louis first pre-
ferred shows an advance of per cent,
but the great majority Of the railway
list made losses on the week, notably
Jersey Central and Chicago & Eastern
Illinois. 8: Oregon Improvement. 27s;
Manhattan. ~: Evansville & Terre
Haute and G., C.: G. & St. Louis. ~;
Rock Island, tx; ST. Paul, l, and Bur-
lington, q. Among the industrials,
Tobacco declined 3s6 and United States
Leather preferred, 81. Distilling re-
mains unchanged ON the weeks trans
actions. The bond market today was
somewhat irregular, but with firm un-
dertone, the principal changes being:
Advances-Peoria, Decatur and Evans
vile tirsts, Evansville division, 8;
st. Louis u San Francisco
consol tours. ~; Chicago & Indiana
Coal IS. ~: N. P. consols IS, 1aS; New
York, Lackawanna & w estern firsts.
and st. Paul & N. P. lists. each l per
cent. Declines-Oregop Short Line is.
81; do eonsol IS. l; Chicago & Erie
lists, "a; St. Joseph q Grand Isiaud
lists. 2; Colorado Midland As, and Ten.
nessee Coal and Iron. Birmingham
division trsts, each per cent; Mime
apolis d st. Louis, Southwestern ex-
tension firsts sold at s135, against sl2716
on Aug. 16. The more important changes
OH the week are: Declines-Lotiis.-
vile & New Albany consoIs, 5; Orego
Navigation IS, ~; Atlanta 4 Charles
ton frsts, Georgia Pacific Central IS,
trust receipts Little Rock & Memphis
tirsts, Atchison As registered and
Oregon Short Line IS. each 4; st. Paul.
Minneapolis & Manitoba, Montana Cen
trail 6s, Norfolk & Southern IS, Northern
Pacific Terminal firsts and Chesapeake
4 Ohio Southwestern hrsts, each per
cent. Advances - Minneapolis & st.
Louis and Southwestern Extension
flrsts, II; United States Cordage fists.
q; St. Louis & San Francisco consolsge
~; Peoria, Decatur Il Evansville firstSs
Evansville division. and Missouri Pa
citic consol IS. each 8 per cent. %
The Post says: Market news ftOps
to be made up of the blackboard opera
change manipulatorS in single stock.i
Today these experts marked UP THE
price of Sugar certificates 8 points, and
with predictions by extremely inter-
eSted prophets and with arguments
such as pass current only in speculation
Wall street.
The Total Sales OF Stocks
today were 90.932 shares. including:
200; Burlington, $500; Chicago Gas.
IL, 400; DistiIlers and Cattle Feeding,
1900; Missouri Pacific, LOO; st. Paul,
10000; Western Union, 1900.
MICHAEL DoRAN JAMES DORIAN
M. DORIAN & CO.,
Bankers and Brokers, .
9lf Iankcnn e. & Danf 0inn