St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-08-05
FINANCIAL.
New York.

NEW YORK, Aug. 4-The share spec
uiatlon was fairly active for Saturday
and was marked by decidedly stronger
tone, the general list, with two or three
unlmDortant 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
entity of the rest of the list, and in a
few shares there was slight reaction
after 11O'elock. 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., O.. q. Il st. Louis.
preferred, 8, Mobile & Ohio, 2; Della
ware. Lackawanna & Western. II;
United States Rubber, l.; Missouri
Pacific, st. Paul and General Electric,
q: Pullman. Canada Southern aud
Hooking Valley, %, and Louisville &
The great feature of the speculation
was Sugar, which opened at LOG. per
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 1907, 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support seemed to be withdrawn from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 I045x, when
a renewal of the covering movement. a
rally to 1851, took place. with final
reaction OF g, leaving a net gain OF Is
per cent. There was ne special news
Oh the stree. regarding the sugar con-
troversy in congress, but the prevailing
opinion seemed to be adverse to remain
ing short of the stock over Sunday.
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, AZ; Pullman, 8; Louisville
q Nashville. ~; Delaware, Lacka-
wanna d Western. ~; Missouri Pa
citic, Minneapolis d st. Louis preferred
and American cable, 2, and Sugar 2X.
Those shares which lost 2 per cent and
over are: Manhattan ana Peoria IL
Eastern, Q; Edison Electric, 2sI; New
York, Chicago & st. Louis first pre-
ferred, ~; Alton IL rerre Haute, 8;
Baltimore IL Ohio, 81, and Baltimore &
Ohio Southwestern preferred, 81 per
cent.
The bond market was strong and
active today. Missouri Pacific consol
Is declined 2, and Toledo, ST. LOUIS &
Kansas City frsts 3 per cent. The
| principal changes on the weak are:
| DeclineS-Galveston Harrisburg & San
Antonio seconds, 81; Ohio Southern
firsts, 4; st. Paul hrsts, l, and M. di-
vision 81; Louisville, New Albany con-
| soils, Union Pacific collateral trust skies
and Toledo q st. Louis and Kansas
| City firsts, each 8; Pittsburg and West
ern firsts. ~. and Wabash seconds 215.
Advances = Toledo, Ann Arbor d
Northern Michigan firsts. 10 per cent,
and Louisville, New Albany firsts, and
Delaware q Hudson, Pennsylvania di-
vision frsts. each 212 per cent.
CHE Total Sales Of stocks
today were $1,000 shares. including:
American Sugar. $4,000; Burlington,
2.400; Delaware, Lackawanna u West
erm. 1850; Distilling & Cattle Feeding,
2,40O; Laclede Gas, 1000; Louisville Il
| Nashville, 1900; Missouri Pacific, $500;
Reading, 1920; K. q w. p. certificates,
fifth assessment paid, $500; st. Paul,
| l,1oo.
| StOcks-CIOsing