St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-06-02
FINANCIAL.
New York.

New YORK. June 1.-This was an
other dull day on the stock exchange,
the market being at times stagnant.
Fluctuations. except i'll a few stocks,
were confined to very narrow limits,
and OH the whole the speculation was
less Interesting than tor a long time.
Sugar was dealt in more largely than
on yesterday, but the trading therein
was feverish In tone during the morn
ing, and a decline 0f N per cent was
recorded. The selling in the stock was
largely based OH rumOrs that the SEN
ate Investigation of the sugar deal
would in some way prejudice the inter-
ests OF the refiners. In the afternoon
the Influence OF the scare had worn off,
and on good buying the stock rose ~
points. closing within a quarter of the
highest point touched. at a gain of l per
rose a per cent. Chicago Gas. after an.
early decline of e on realizing
sales. came into fair request. and sold
up 13s. with a subsequent reaction of
q and a firal rally of e. st. Paul
was the only one Of the granger group
which was at all prominent in the
dealings. 1t was sold in small lots by
London parties at the opening, receding
q. A recovery of ! per cent was made
during the afternoon, and a final reac-ii
ton OF g. Burlington Il Quincy moved
within "a limit, losing q on the day.
There was foreign selling of Louisville
Il Nashville on fears Of decreased EARL
liigs by reason of The Southern rate
war, which was supplemented by sales
of local traders. resulting III a declineei.
l per cent. of which a was. recovered.
Achis0l was sold by London i'll the
morning. and subsequently bought
back. The stuck %fluctuated between 81
and So. closing Is above the
lowest figure. Missouri Pacific sold
down q to 26M m recovered the entire
loss. closing unchanged from yesterday.
The trading in the rest of the list was
very light. and prices moved Irregular
ly, the speculation being depressed in
the morning and in the main firm. In
the afternoon the market closed fairly
per cent, and New Jersey Central. TX;
while Chicago & Eastern illinois has
declined 4, and Baltimore & Ohio and
Consolidated Gas l each. The other.
changes are merely fractional. The bond
market was generally firm throughout
the day, the principal changes being:
Advances - United States Cordage
firsts. 3 per cent; Chicago Junction aud
U. S. Stock Yards 5s. q; Missouri
Pacific consol Is, u; Canada Southern
tirsts, u; Harlem coupon firsts, ST.
Paul consols and St. F.. NJ. & NJ, Mon
tana Central 5S, each l per cent. De-
clineS-Louisville d New Albany con-
sol IS, Fort Worth q Denver City Is,
and st. P. NJ & NJ. Montana Central
Is. each "; Chesapeake u Ohio firsts,
class A.. Kansas Pacific consols, North
ern Pacific thirds, Northern Pacific
terminal firsts and Oregon Improve
ment tirsts, each l per cent. Atchison
Is registered sold at II against IS on
April II. Georgia Pacific second con-
Sol IS, trust receipts sold at 40, against
a on April Is.
The Evening Post says: Speculative
Wall street, and nobody else has shown
any interest in this weeks market. has
two uncertainties to supply its gossip
aud influence its operations. The tariff
bill's early passage and the coal strikes
early settlement are both freely pre-
dicted. Information. however. is linz
tied to predictions, and this being the
case, no small market adventurer is dis
posed to gel far distant from his moor
ings. Prices have therefore moved all
The week, including today, in a steadily
narrowing orbit around the centers
fixed a week ago.
Today the fluctuations of Sugar stock
made up pretty much all the market.
The Total Sales OF Stocks
today were 1903, 312 shares. including:
Atchison. $500; American Sugar, a.
go; Burlington, 12.4OO; Distillers,
5000; Louisville q Nashville, 500;
Missouri Pacific, 5,400; Reading, 2.1OO:
st. Paul, 7.SU0: Union Pacific, $500. -