St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-05-23
100000
To Loan on St. Paul Real Es-
tate.
St..PauI Tile Insurance ! Trust Co
FINAy CIAL.
New York.

NEW YORK, May o. The stock mar
ket was again very active to-day. but
the speculation was unsettled in tone,
and as result today's transactions
were about equally divided between
advances and declines. AT the opening
the market was firm, the dealings being
principally in the industrial shares,
Chicago Gas and Sugar showing most
strength. Union Pacific. which declined
Is, ami Louisville & Nashville, which
receded per cent, were the only ex-
ceptionS Ia the upward tendency until
about 1880 O'clock, when Sugar, which
had advanced lss, gave signs of weak
ening, and on heavy sales declined ia
per cent. The depression in those
shares caused selling movement in
the general list, resulting in a frac-
tional decline therein. There was a
rally before II O'clock made by Tobacco,
which made a gain of ~ per cent.
Sugar advanced l but reacted q. and
the rest of the market again took a
downward turn. Cotton Oil leading this
time with loss of Der cent. The de-
cline was checked by the receipt of buy
Ing orGerS. which again moved prices
upward. Sugar advanced 3ss per cent
to 100. Pullman was Il notable eXcep-
ton, breaking 4 per cent on selling
orders from Chicago. based Oh reports
of decreased earnings. The general
market continued strong until O'Clock,
when General Electric fell off lss. Erie
preferred 4. Nickel Piate COMMON l,
and the rest Of The market fra, ton.
This was followed by an improvement
of 2 per cent in Pullman. in Manhat-
tan. and some other shares gaineu a
fraction. During the late afternoon the
market was very irregular: Sugar broke
24. and rallied ~. National Starch
rose 3, Rubber preferred declined 4. and
the more active shares tiuctuated
within narrower limits. In the final
rally better tone prevailed, and the
market closed strong. The principal
changes Oh the day ere as follows: Ad.
vancts, Sugar, 34; Sugar preferred,
2s; National Starch first preferred. 3;
~; Chicago Gas. ~; Manhattan, n:
National Cordage. X, and Chesapeake
& Ohio. {. &. Z. u ST. Louis and Kan
sas " Texas preferred, per recent.
Declines Long Island, ~; General
Elec. rio, ~; Rubber, .: do common, 4 :;
Pullman, =; 81. Paul, minneapolis Il
Manitota.14. and Union Pacific. Toledo
Il Ann ArDor. New York, Chicago Il ST.
Louis, Plltsburg. Z. Z. IL ST.. Louis pre-
fnrled and Cotton OIL preferred, per
ceut. @i-H
The bond market was easier in tone
during the early dealings. became lr-
regular during the afternoon, and
| closed unsettled. Chicago K Eastern
rallied to 9S11a5::t General Electric deben.
lures. IS, declined II to Sc. recovered
To $50. and CLOSED at S7115. The other
material changes were: Decllnes-Un-
| ion Pacific. Denver IL Cult lists. 5:
Atlantic d Pacific As. 4; Northwestern
| gold Is, registered, ~; Louisville, s..
LOUIS & Texas lists, g; Northern Pacific
q Montana lists, ~; Chesapeake: d
Ohio 417as, 1zl;aNew York Central deb
:enture As. Northern Railway of Cali.
fornia 5s, Peoria, Decatur q Evansville
1 Dds, ST. Louis: a. San Francisco general
/ IS and Union Elevated lists. each l pel
cent. Advances-Boston and I. & U,
IS and Richmond terminal stamped 6s,
each 2; Rock Island IS, registered, *
| Metropolitan Elevated lists, Michigan
Central IS of 1902. Reading third prefer.
! ences, St. Louis 81 Southwestern lists
and st. Paul u Sioux City lists, each
per cent.
The Evening Post says: The advance
in prices on the stock exchange today
/ was not OF any particularly reassur!ng
character. 1t was the outcome large i
of renewed manipulation, and in the
| industrial stocks. which led the move
ment, had the fiimsiest basis possible,
Sugar certificates. for instance. being
| today relieved from the pressure of one
particular block offered for inside
liquidation. went up points ON the off.
hand remark of single senator that the
tariff bill would pass the senate as il
| stands.
The Total Sales OF Stocks
today were sos. 4S9 shares, including:
Atchison, 3,7OO; American Sugar, o.
600; Burlington, 1880: Chicago Gas,
$500; Distilling, $50; General Electric,
22,90O; Louisville & Nashville, 6,7OO;
Missouri Pacific, 8.7OO; NationaI Lead
| 1000: Northern Pacific preferred, TO-
| 100; Reading, 1900; Rock Island, $500;
st. Paul, 31,90O; Western Union. $500.