St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-04-10

opened on the stock exchange with a
firm tone to the speculation. and in most
cases the first prices were a fraction
above the closing figures o! Saturday.
Forenoon trading was fairly active,
and, except for sone of the specialties.
the market was steady to strong. Dur
ing the afternoon the volume of BUSH
ness was light and the dealings irregu-
lar. the market closing dull but fairly
steady, with majority of the shares
traded In showing an advance on the
days transactions. Chicago Gas was
most prominent In the dealings.
aid Was sold sharply al the
opening on a report that the
decision of the attorney general
OF Illinois, in the quo warrantO proceed
lngs would be against the company.
After decline of g per cent, support
ing orders were received, resulting in a
recovery of q. followed by reaction of
a anu finai rally OF IS, making a net
loss of q per cent. Sugar was second
in point of activity. Opening a higher,
it sold up rs additional OH purchases
induced by "a belief that possibly the
tariff bill may not become a law, Old
which contingency the sugar company
would make large profits. A goodly
proportion of the buying is said to have
been for insiders. Later in the
day realIzations and small bear
raid caused reaction OF q, the
closing being at rally of Is.
the gain on the day being Is
per cent. The grangers were only mod
erately active, advancing fraction in
the morning and reacting during the
afternoon. Burlington & Quincy shows
a decline at the close of q; Rock Island,
Il; Northwest being unchanged fer the
common and l per cent higher for the
preferred, St. Paul making gain Of
Is and the preferred e per cent. There
was good buying of Richmond Termin-
al, third assessment paid, the stock adj
vancing Is per cent and closing at the
were induced by reports that the reOr-
ganization of the company would short
ly be completed. Despite the unfavor-
able advices from Boston to the effect
that assessments Of ID per cent on the
common and 20 per cent Oh the
preferred stocks would have to be
levied on New England under a
reorganization plan. these shares rose
q per cent, closing within Is of the best
price made. Cordage preferred declined
p and then advanced 81. National
Starch first preferred advanced 2 per
cent to SO and reacted ~. The other
leading advances were: 70 in American
Tobacco. common and preferred, and
East Tennessee, and per cent in New
Jersey Central, Great Northern pre-
ferred ana Minneapolis IL st. Louis
preferred.
In the list of declines are: Delaware
& Hudson. Mobile q Ohio. and Toledo,
Ann Arbor d Northern Michigan each
per cent. The decline in the last
named stock is said to be due to sales of
stock which had been bought before the
closing of the books for use at the cOni-
iHg election.
The bond market was strong through
out the day for most of the securities
dealt in. The principal changes of the
day are: Advances-St. Louis and San
Francisco seconds, class b, "a; do gem
eral fives, l.
The Evening Posts London cable
gram says: The markets were fairly
active, considering that settlement be-
gins tomorrow. Money probably will
be easy for settlement. Americans
little business. South American bonds
were lower, with a dull tendency. Sill
yer recovered to 2S19d, with finn
tone. There was small demand from
China and scanty supplies; 9l33,000
In gold were bought, and 9l6,OO0 came
in from the continent.
The Total Sales of Stocks
today were 154,542 shares. including:
American Tobacco, 400; American
Sugar. 1900; Burlington. 5000; Chi
cago Gas, 23,eO0; Missouri Pacific. 1890;
New \ DIRK IL New England. $500; Il. IL
w. cts, third assessment paid, 49, 100;
Rock Island. $500; St. Paul. 5000; Wa.
bash preferred. 400; Western Union,
1890. Bank clearings, 500, 19l ,253; bal
ances, S4,36l. 142. The steamship 1rave
will take out tomorrow It's, 900 ounces of
silver. New York dealers price for
silver assay bar, &c higher at 63c per
ounce.