St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-04-28
FINANCIAL.
New York.

NEW YORK, April 27.-The indus
trial stocks were leaders of the specu-
, lation on the stock exchange today and
I were the only shares in which the
fluctuations were at all important.
There was good buying in this group
and the final sales show an apprecia-
ton in values compared with yester-
days closing figures except for Chi
cago Gas, General Electric, Laclede
Gas, and National Linseed, which are
1k011 per cent lower. At the opening
the market was fairly active, but
weak Soon, however, the industrials
began to show strength, while the coal
ers became weak and the railroad list
steadied itself. Under brisk buying
the Leather shares advanced sharply,
the common selling up 21s to IT'S and
the preferred 22s per cent to 271s, the
closing sales being * and 15s per cent
respectively below the best pricas
touched. In the general list. Pui4man
advanced "a and Northern Pacific
preferred l per cant. The market was
somewhat unsettled at the close, put
the prevailing tone was steadiness.
Among the net gains on the day are
Cordage Guaranteed, 1; Rubber rs:
Leather, ~; Tobacco, rs; and Bay
States Gas 3 per cent and among the
losses are United States Express, IA,
and National Linseed l per cent. Dur
ing the week the stock market was
animated. at times buoyant.. The dis
tribution of business was wide and
long neglected stocks were largely
dealt in. The favorable financial out
look spurred the bull leaders to re-
newed efforts and values were gener-
ally marked up. Commission houses
reported an increase of orders and
the foreign houses were heavy pur-
chasers of the internationals stocks. AS
a rule the reactions were insignificant.
The conference of the coal road presi-
dents with the Reading receivers on
Monday was regarded as favorable to
an adjustment of the existing diff
ficulties and on this belief the coal
shares moved upward. Delaware &
Hudson, 3A; New Jersey Central, 2ss
Reading, 2B, and Lackawanna, per
c1nt. The subsequent determined
stand taken by the other roads against
the demands of the Reading company,
which led to the abandonment of
negotiations, induced heavy selling
OF the stocks of the companies,
leading to a decline in which Della
ware & Hudson sold off Az per cent,
Lackawanna Az, New Jersey Central
31s and Reading rs, the final sales
showing rallies of " in Reading, 1as
in Delaware & Hudson, l in Lackawan-
ma and rs in New Jersey Central.
Louisville, New Albany d. Chicago was
bought heavily on the action of the
board of directors in promulgatin a
plan for readjusting the finances of the
company. The preferred stocks sold
up "a per cent and the common l. In
the later dealings there were reactions
of 1A@1k per cent respectively. To
the improved trade conditions was
due the buoyancy in Sugar, Tobacco
and Leather preferred and sales were
made in these stocks at the highest
prices of the year. The total transac-
igtions for the week were ,554, 500 shares,
!@and 159 stocks were traded in.
4 The bond market today was strong
and active, with the bulk of trading in
Northern Pacific issues, which figured
for $i71,000 in total of 81 ,520, 600 Chi
cago & Northern Pacific firsts sold at
46A, against 80 on Jan. %. The other
leading advances We're:
Peoria & PelSin Union seconds, 3h
per cent; Duluth, South Shore & Allan
tic 5s, 8; Iowa Central firsts 2A; North
ern Pacific IS, "a; do Collateral Trust
6s. 5; do Consol 5s, 21a; do Trust re-
ceipts, 21z, and do Montana firsts, 2
per cent.
The market ruled active and strong
during the week, with a considerable
demand from the foreign centers for
the speculative issues. Prices at the
close generally show a substantial i'm
provement. The total sales were $751;
100000 and 30 bonds were dealt in The
notable changes On the week are:
characterization Pacific collat-
eral trust 6s. per cent; do seconds. 8;
do thirds and do consol IS, Az. and do
trust receipts, AZ; International &
Great Northern thirds. s: Chicago &
Northern Pacific firsts, ~; Chicago &