St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-08-06
FINANCIAL.
New York.

NEW YORK, Aug. 4.-The share spec
ulatlOn was fairly active for a Saturday
and was marked by decidedly stronger
tone, the general list, with two or three
uninportant exceptions. recording an
advance Onthe days transactions rang
ing fromT to 81 per cent. The trend
OF prices was upward throughout eX-
cept fer Sugar, which moved independ
emily of the rest of the list, and in
few shares there was slight reaction
after 11o'clock. But the market closed
strong. with prices at or near the best
of the day and fairly active trading
in progress. The more important
gains are: Wheeling & Lake Erie pre-
ferred, 81; c., c.. g. 81 St. Louis,
preferred, 8; Mobile & Ohio, 2; Della
ware, Lackawanna & Western. II;
United States Rubber, L; Missouri
Pacific, st. Paul and General Electric,
Is: Pullman. Canada Southern aud
Hooking Valley, ID, and Louisville IL
Nashville aId Chesapeake d Ohio, "a.
The gieat feature of the speculation
cent higher than the closing figure of
yesterday. this price having been set by
the bull clique, and there was
considerable covering at that figure
and up to 100I, which was
the highest point reached. The
support seemed to be withdrawn from
the stock at this stage, and it sagged off,
mainly on realizing sales, to 1919, when
q renewal of the covering movement, a
rally to 1853, took place, with a final
reaction OF q, leaving net gain OF "a
per cent. There was no special news
on the stree. regarding the sugar con-
troversy i'll congress, but the prevailing
opinion seemed to be adverse to remain
m q hnr nf fha or IL
Today being holiday in London, the
market was entirely local in character.
: In the early part of the week the mar
ket was heavy, and some material de-
clines were recorded, which were re-
covered in the latter dealings in many
cases and advances recorded in many
Instances. the principal gains on the
week being: Wheeling and Lake Erie
preferred, 49s; Pullman, 8; Louisville
q Nashville, 21a; Delaware, Lacka-
wanna & Western, ~; Missouri Pa
-cific, Minneapolis & st. Louis preferred
and American cable, 2. and Sugar 21s.
Those shares which lost 2 per cent and
over are: Manhattan and Peoria &
York, Chicago & st. Louis first pre-
ferred, ~; Alton Il Terre Haute, 8;
Baltimore q Ohio, So, aud Baltimore &
Ohio Southwestern preferred, So per
cent.
IL The bond market was strong and
active today. Missouri Pacific consol
6S declined 2, and Toledo, st. Louis &
Kansas City firsts 8 per cent. The
principal changes on the weak are:
Decentralization, Harrisburg 81 San
Antonio seconds, 615; Ohio Southern
firsts, 4; st. Paul irsts, 1, and M. d.
vision SO; Louisville. New Albany con-
soils, Union Pacific collateral trust SKIES
and Toledo & st. Louis and Kansas
City firsts, each 3; Pittsburg and West
ern firsts. 2s1, and Wabash seconds 21S.
Advances - Toledo, Ann Arbor d
Northern Michigan firsts. 10 per cent,
and Louisville, New Albany firsts, and
Delaware & Hudson, Pennsylvania d.
vision firsts, eacn 21S per cent.
The Total sales or stocks
today were $1,000 shares. including:
American Sugar. $4,000; Burlington,
2.40O; Delaware, Lackawanna d West
ern. 1900; Distilling & Cattle Feeding,
2, 400; Laclede Gas, 1000; Louisville &
Nashville, 1000: Missouri Pacific, $500:
Reading, 1900; r. & w. p. certificates,
fifth assessment paid, $500; ST Paul,
A.1QQ