St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1894-06-03
FINANCIAL.
New York.

NEW YORK, June "A fairly good
business was done on the stock ex-
change today for Saturday, but two
thirds of the transactions were in three
stocks-Sugar. Chicago Gas and st.
fauI, the first named, as usual. being
most prominent in the dealings. "A
good many orders to buy Sugar were in
the board at the opening, and as bit
little stock was Offered, the stocks moved
up sharply. with an occasional fractional
reaction, to 1.O4%. all advance of 33S per
cent from yesterdays closing figures.
The improvement was accompanied by
rumors thatiSugar interests had taken a
favorable turn in Washington, but
nothing definite was disclosed. The
last sale was made within
a quarter of the highest point
touched. The preferred stock rose ~
to IS per cent, reacting to 941a at the
close. The bull pool IN Chicago Gas
moved the price OF that stoeksup IL per
cent ON steady buying, and closed it n
below the best of the day. Reports
from Chicago as to the attorney gen
erals suit against the company are
rather vague as to when it will be pre-
sented for trial, but at present this liti-
CATION seems to have little influence on
the speculation in the stock. st. Paul
was the only active stock of the grang-
ers' group, fluctuating between SO and
5S5s, and closing at yesterdays
closing price. Burlington Il Quincy
moved within the same narrow
range. and closed unchanged
from yesterday. Rock Island lost
u. Lead made gain of ~, aud Texas
Land 1a9. Declines were recorded of
Rubber. and per cent in Richmond
Terminal preferred. In the rest of the
list the changes we're mere fractional,
with majority of the active shares
slightly higher. The market, while
generally dull. was fairly firm during
two hours of business, and closed strong
in tone. During the week the market
has been unsettled, and prices have
moved irregularly. The trend of prices
has been in the main toward lower
range of values, with the exception of
some of the industrlals. Sugar making
a gain of 81; Sugar preferred,
and Lead preferred. 2. New
ferred shows an advance of 2 per cent,
but the great majority of the railway
list made losses OH the week, notably
Jersey Central and Chicago & Eastern
Illinois, 8; Oregon Improvement, 257ss;
Manhattan. 21s: Evansville & Terre
Haute and G., c.. G. & st. Louis, 215;
Rock Island, 132: st. Paul, l, and Bur-
lington, q. Among the industrials,
Tobacco declined 3Ss and United States
Leather preferred, 81. Distilling re-
mains unchanged on the weeks trans
actions. The bond market today was
somewhat Irregular, but with firm un-
dertone, the principal changes being:
Advances-Peoria, Decatur and Evans
vile firsts, Evansville division, 8;
St. Louis & San Francisco
cousol tours. ~; Chicago s Indiana
Coal IS. IL: N. p. consols IS, 1ss; New
York, Lackawanna & W estern firsts,
and St. Paul Il N. P. lists. each l per
cent. Declines-Oregon Short Line Is,
80; do consol IS. /; Chicago & Hrie
lists, 211a; St. Joseph d Grand Island
lists. 2; Colorado Midland Is, and Ten.
nessee Coal and Iron, Birmingham
division tirsts, each per cent; MinneS
apolis & st. Louis, Southwestern ex.
tension tirsts sold at S135. against s127X
on Aug. 16. The more important changes
vile d New Albany consoIs, 5; Oregon
Navigation IS, ~; Atlanta & Charles2
ton firsts. Georgia Pacific Central SIS
trust receipts Little Rock & Memphis
tirsts, Atchison As registered and
Oregon Short Line 6s, each A.; st. Pau4s
Minneapolis & Manitoba, Montana Cen
trail IS, Norfolk & Southern IS. NortheEn
Pacific Terminal firsts and Chesapeake
d Ohio Southwestern trstS, each per
cent. Advances - Minneapolis & st.
Louis and Southwestern Extension
hrsts, N; United States Cordage, firsts,
q; st. Louis & San Francisco consolSs
~; Peoria, Decatur & Evansville firsts,
Evansville division, and Missouri Pa
citic consol Is, each per cent.
The Post says: Market news from
the country's financial center continues
to he made up of the blackboard opera
tons by group of wealthy stock ex-
change mampulators in single stock.
Today these experts marked up the
price Of Sugar certificates points, and
with predictions by extremely inter
ested prophets and with arguments
such as pass current only in speculation
Wall street.
The Total Sales OF Stocks
today were 9O.932 shares, including:
Atchisoh. 5000; American Sugar. Al
200; Burlington, $500; Chicago Gas.
1900; Distillers and Cattle Feeding.
1.900; Missouri Pacific. 100; st. Paul,
10,60o; Western Union. 1.3OO.
Stocks-CIosln..
atchison. ... ~ North Am. Co..
Adams Express. .148 Northern Pacific ~