St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-04-25
100000
To Loan on St. Paul Real Es-
tate.
St. Paul Title Insurance Trust Go
FINANCIAL.
New York.

NEW YORK. April "a. - The an
nouncement of the iOng.expected de-
cision of the attorney general of Illinois
on the petition Of the commencement of
quo warrantO proceedings against the
Chicago Gas company was not made
until after the close of business. ami
consequently the speculation in the
stock merely reflected current rumur,
which was strong, to the effect that the
petition would be granted. The open
ing price was 4 down. aud then Came
an advance Of q. after which a selling
movement WAS lnaugurated, resulting in
break Of "a per cent. When the lower
figures were reached buying orders came
into the market which caused a rally of
"a, the final sale being at a decline OF "a
Oh the day, Considerable long stock
was put out during the day. the short
interest also increasing their lines. Dis
tilling was the star performance of tile
day, breaking 8 per cent on the report
that The case OF Gottschalk against the
DlStilling company, involving a QueS-
ton OF rebates, as applied TO retail
sales had been decided In favor OF the
plaintiff. When it was learned that the
suit did not affect the general rebate
system of the company. a partial re-
cUvery was made, but the final sale was
made at a decline of ~ OH Yesterdays
closing. Sugar rose q in the
early dealings, reacted Is, and then on
good buying for bull pool sold up ~.
with final reaction of "a, leaving net
gain of l. n. The granger shares were
actively traded inland were ra,her weak
Oh the earlier part Of the day, Burling-
ton 81 Quincy falling Oft II, Northwest
IA and ST. Paul and Rock Island a
fraction, but rallying the late dealings,
st. Paul gaining Is OH the day. and the
Others of the group only losing d for
Northwest and Rock Island. and % for
Burlington. The general market
opened firm and in the main small
fraction higher The movement of prices
was irregular during the morning but a
majority Of the shares traded in re-
corded lower figures. After midday the
list became heavy in sympathy with the
depression in DiStilling and Chicago
Gas, and it was not until the last half
hour that the market recovered its tone.
After half-past 2 O'Clock buying orders
were received in the exchange causing
a brisk advance, and the market closed
strong, but irregular as to prices. st.
Paul and Omaha preferred, Louisville,
New Albany preferred, Cotton Oil pre-
ferred is l per cent lower, and Des
Moines and Fort Dodge ~. The other
changes are fractional.
The railway and miscellaneous bond
market was generally weak during tine
day, the leading changes being: De.
clines, Cleveland & Canton lists. s.
st. Joe & Grand Islands lists, Read
ing I'd preferred and Oregon Short Line
6'S, each Is; Toledo, st. Louis q Kan
saS City trust firsts and Northern Pacific
3ds. each n; do first. ~; Denver q
Rio Grande as and Ohio Southern
frsts, per cent.
Advances - Milwaukee & Northern,
firsts of 1893, 3; Chicago d Western Ind,
generals, e. G. q l. lists and LouisSJ
ville-New Albany SIS, 4 each; Chi
cago, st. Louis d New Orleans firsts.
consolidated rs and st. Paul, Da.
kota d Great Southern SIS. each per
cent: Louisville & Nashville, Southern
u Northern Alabama guaranteed SIS
sold at 90, against 100 the last sale. a.
The Evening Post review of the stock
market says: The professional move
ment to catch stop ORDERS" for this is
undoubtedly the character of the pres
ent market demonstration, was carried
on today. AT the start the attack Oh
prices met with a somewhat unexpected
check. for this was settlement day" In
London, and the spectators on that
exchange appear to have had extended
short acco lnts In Americans" to cover.
The foreign support so far steadied
prices for stocks with an international
market. that the local operators OF the
decline were left to concentrate their
efforts on stocks not traded in by Lon.
don. This meant sharp decline in
several industrial stocks-those inter
esting market favorltes whose solitary
advance week ago was, as usual. the
signal for the weake ming of the general
list.
The Total Sales Of Stocks
to-day were 100000 shares, including
Atchison, 6, 700; American Sugar, II, sou;