St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-03-29

Pacific being, however, the favorites of
the foreign contingent. 1t is generally
accepted OH the street that this large
buying by the foreign contingent was
induced by the belief which approaches
certainty that the president will veto the
seignlOrage bill. Changers we're in good
demand. except Northwest. and closed
at The highest point touched, with the
exception of Rock Island, which lost IA in
final sales. but gained Is compared with
yesterdays. Burlington made a similar
improvement. and st. Paul shows an
advance of *. There were sales of the
latter Oil reports of damage to the crops,
but these were counteracted by the
strong London buying. In Delaware
d Hudson an advance of S per cent was
made, of which q was lost in the final
dealings. OF the industrials, Sugar led
In the transactions. and was heavy dur
ing the morning, owing to the reported
decentralization of the refining trade, and
under sales for both long and short ac-
counts decline of IL was recorded. all
OF which was subsequently recovered OH
purchases to cover short contracts. but
at the close reaction of 4 was made.
American Tobacco declined l per cent
i'll the opening dealings. but quickly
rallied. sellingup per cent, losing Il
in the last sales; do preferred declined
per cent. American Cotton Oil was
strong, selling up Is and losing 4
OF the gain. The preferred gained TX
closing at the best price made. A bull
pool in Lead moved the preferred up 35S
and the common advanced 30. Com
pared with yesterdays final sales, the
appreciation in values, excluding the
stocks already mentioned, ranges from
e to ~, the latter Rubber preferred
TatNf
Nashville and st. Paul and Du-
lnth. IL Consolidated Gas, IL
Union Pacific and l3s Central Pa
cltic. East Tennessee preferred
scored loss of l per cent. The rail
way and miscellaneous bond market
was firm in the early dealings and
closed very strong. AtchisOn and Kansas
d Texas issues being both bought for
London account. The prominent
changes in prices are: Advances
Peoria & Pekin Union seconds. 3;
Atchson seconds. St. Louis and San
Francisco IS generals, st. Paul, NJ. & NJ.
consol Is each 2; do Montana Central
6s, l; Duluth, South Shore Il Atlantic
IS. ~; BellviIle & Southern Illinois
tirsts, Denver u Rio Grande As. North
ern Pacific cOns0s IS, rs; Colorado
Midland As, II; Kansas Il Texas Sec
onds and Atlantic d Pacific incomes,
IL. Misunderstanding Valley SIS, IL,
and Missouri Pacific collateral 5s, per
cent.
The Evening Post says: There are
reasons for ascribing the foreign buying
to really changed European sentiment.
England's home industries are doing
better; its railway returns make favora-
bic comparisons. and its steel and iron
industry is picking up more rapidly
than our OWL. Bankrupt assets, such
as the leavings OF the Barring estate, are
now being disposed of. In Austria the
new loan has been placed successfully
without disturbance of the International
gold markets; the French rente con-
version has stimulated some activity in
Paris, and even from Berlin the CORE
spondent of the best known London
financial weekly writes: 1.-The opinion
that we are approaching period of
recovery is spreading.
The Total Sales or Stocks
today were 10000 shares, including:
Atchison, 1900: American Cotton Oh,
1900; American Sugar. 800; Burling-
ton, 1000; Chicago Gas. $500: Chesa-
peake u Ohio, $500; Disabling, 1000;
Louisville Il Nashville, 6,6O0; Missouri
Pacific, 3. 700: National Lead. 5.4O0;
National Lead pfd., $500; Reading,
$4,000; Rock Island, $500; ST. Paul.
$4,000; Union Pacific, $500; Wabash
ptd., $500.