St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-10-23
MONEY TO LOAN
On Real Estate Security.
FAVORABLE TERMS
E. w. PEET & SON
Manhattan Building.
FISASCEk
New York.

NEW YORK. Oct. 22.-The share specs
ulation was very dull throughout today,
the only notable feature of the market
being the continued weakness of Man-
haitian. The railway list was well held
until the last hour with the one excep-
ton noted. The industrials moved
irregularly in the early dealings, Chi
cago Gas being firm. General Electric
weak. Sugar slightly heavy and Distiils
ing steady. Pacific Mail was in good
demand during the morning, aud sold
up q per cent OH a renewal OF last
weeks purchasing movement, based on
the announcement rep ort to have
been made by c. P. Huntington that
an agreement had practically been
reached with the Panama Railway
to be given to Pacific mail. In
the late afternoon a reaction OF
q took place, due to the taking of some
OF the profits of the recent advance.
After midday the trading became
quietcr even than during the morning
and prices moved within very narrow
limits; as delivery hour approached the
market became weak ON bear attack
which was chiefly directed against the
granger stocks. but which affected the
rest of the active list to greater or
lesser degree. The depression contin-
ued to the final dealings. and the mar
ket closed at Il decline on the day rang
ing from q to = in the active shares,
the latter Rock Island and Burlington
u Quincy. e in Northwest, and Il in
St. Paul. Consolidated Gas, st.
Paul, Minneapolis IL Manitoba aud
pt nj l,ct
prominent bear was a heavy seller of
Manhattan on the theory that liquida-
ton of the stock would be induced bv
the decreased earnings of the elevated
roads, III anticipation of reduced div.
IdendS. The stock was hammered down
So to 1045s, with final rally of IA.
Evansville IL Ttrre Haute broke Der
cent to 45 on sale of a hundred shares.
Metropolitan Traction dropped l per
cent to IL and recoved to 1874. No
LITIGATION was given of the passing
OF the November dividend In United
States Express, following which
100 shares sold off So to As
and toward the close another 100 shares
sold at Al, making the total loss from
the last preceding sale of 1015 per cent.
President Platt in circular states that
the railroad strike and business de-
pICSSlOu udo CuG uuWll lll6 LTdluC SO as
to bring the earnings down to a point
which did not permit of the earning of
the dividend. some few shares rec
orded advances from Saturdays closing
figures, including Laclede Gas pre-
ferred, L; Lead preferred and National
Linseed, "a: Michigan Central and Min
neapolis u St.Lonis, u, and Distilling n.
The bond market was strong through.
out the day and moderately active, most
of the issues traded in recording ad.
vances. The principal changes on the
day are:
Advances-St. Louis & San Francisco
eonsol As, 81 per cent; Iowa City & W est
ern frsts, 2; Kanawha q Michigan
firsts, ~; Wabash seconds, ", and
Chesapeake & Ohio. r. & 4. second
consois and Burlington, Iowa division
As, 1.
Declines-Union Pacific, Denver g.
Gulf irsts, 3; Brooklyn Elevated tirsts,
III. aud Western Pacific firsts and Wis
cOnsin Central firsts, 1.
Total Sales of Stocks Today ~
were 122, 500 shares, including: Ameri-
can Sugar, $1,000; Burlington, $500:
Chicago Gas, $500; General Electric,
4.600; Manhattan Consolidated, 9.7OO:
Pacific Mail, 1900; st. Paul, 14,9O0:
Western Union, 1900. u