St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-10-03
100000: :: :.
To Loan on St. Paul Real Es-
tate.
St. Paul Title Insurance & Trust Co
FINANCIAL
New York.

New YORK, Oct. 2.-OD the stock ex-
change today the sales of one stock
Sugar-eXceeded the total transactions
in the rest Of the list. The liquidation
which has been in progress for some
days past in the shares Of the Sugar
trust was continued today with in
creased force, and inside interests, it is
claimed, foster the declining tendency
of the stock. The suggestions made
from time to time at political cOnven-
tons and meetings that the fight for
tariff reform is but begun, and the
broad hints that at the next session of
congress another effort will be made
to remove the protection now given
not to be lost upon the
trust. The lack of support in the Sugar
speculation by the controlling interests
of the company Is thus accounted by a
large part of the street. 1t is even said
that they are feeding out stock with
certainty Of being able to take it back
at lower figures. Today more than
100000 shares of the stock changed
hands OIL steadily declining scale from
opening to close, the last being the
lowest price of the day, and so per
cent below the final sale of yesterday.
The pressure to sell was very
pIououuCeu db ouo lliHe, ana was Ill
force in the late dealings. Sugar pre-
trials traded in did not share in the
extreme depression OF the leader of
the market, although some of this
group MADE dips which were only partly
recovered at the close. General Electric
fell off II, but rallied q. Chicago Gas,
Oh renewal of the short covering, rose
II. finally reacting q. Rubber pre-
ferrsd receded l per cent, DistiIling
moved within il range of Is per cent and
stands unchanged on the day. In the
railway list, Inc speculation was in the
main strong i'll tone, and especially for
the grangers and other active stocks.
The trading. however, was light in vol
nme and the movement of prices slight.
Beyond some small buying in st. Paul,
the foreign contingent was practically
out of the market. No incOnsiderable
part of the purchases was for
the short account. which has
been largely decreased during the
past few days. Compared with
yesterdays closing prices, tonight's
final figures generally show advances
ranging from q to 21a per cent. the lat
ter New Jersey Central, which recov-
cred all but per cent of yesterdays
break. New York Central is a higher;
CONSOLIDATED daS, u, western Union
and Rock Island. q and Missouri Pacific
%. Some of the specialties show losses
OIL the day, including Pittsburg, G. G. &
st. l.. preferred, ~; Pittsburg, c. c. Il
St. l.. Common, IA, Wheeling & Lake
Erie preferred and Canada Pacific. "a !;
Norfolk q Western preferred and Pitts
burg d Western preferred, l per cent.
Except for Sugar the market closed firm
The bond mai ket was easy during the
morning, but gained during the after
noon and closed firm. A moderate
volume of business was transacted, the
sales aggregating $999,500. The princi-
pal changes on the day are:
Advances - Toledo, Ann Arbor &
Cadillac IS, So per cent; Missouri
Pacific IS, 2: Nashville & Chattanooga
firsts, u; New York, Chicago & st.
Louis As, n, and Cincinnati d SPRING
field firsts, Lake Shore seconds and
East Tennessee equipment trust re-
ceipts, United New Jersey As, per
cent.
Declines-Colorado Midland IS, per
emit; General Electric debenture IS,
c%; Northern Pacific seconds, II,
nd Toledo. Peoria u Western tirsts
nd Illinois Central Is of 1852, l per
ent.
Total Sales of stocks
today were 1858 shares, including:
Sugar. 10S, 300; Burlington, II, 400; Chi
cago Gas. $4,000; DistilIing, $500; Gen
eral Electric, 7,700; Louisville 4 Nash
~ylle, s. 100; National Lead, S.100; Rock