St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-08-30
QUITE UNSETTLED.
STOCKS VERY IRREGULAR,
WITH SOME GAINS AND SoME
LOSSES
GEAR ELEMENT VERY BUSY.
STRONG TEMPTATION TO REAL
IZE PROFITS DISTURBED
THE SERENITY.
GRANGERs HURT DT e,s REPORT
Closing Hours Showed 81 Continu-
alton Of the Unsettled Con-
dijions.
GEAR ELEMENT VERY BUSY
&RANGERs HURT ~ Q,s REPORT

NEW YORK, Aug. 29.-The share
speculation today was unsettled in
tone and the movement of prices very
irregular. The large appropriations in
values Of the past few days offered
temptation to realize good profits,
which were taken advantage of, and
the bear element took advantage OF
this selling to put out fresh lines OF
shorts There was no concerted at
tack on the market as a whole, for
some of the shares were well SUP
ported and moved upward. The July
report of the Chicago, Burlington &
Quincy railroad was unfayorable anG
had bad effect on the entire granger
group, which, coupled with London
selling of st. Paul, had a depressing
influence generally.
The market was weak in the early
dealings, Tobacco being pressed for
sale on q. report that the attorney gem
erdI OF this state contemplated an ac-
ton to declare the trust Illegal. =
the list. Before long the leading in
dustrials came into good buying. Sugar
rose u, Tobacco made a similar gain.
on the failure to confirm the rumor
of the attorney generals proposed &C.
ton Tennessee Coal sold up ~ per
cent. The Cordage shares also ac-
Vanced l1.@212 per cent. Pacific NAH
rose ~ per cent on buying induced by
ences by the Pan-America Railway
company.
In the railway list the only change
OF Importance was a break Of 21a per
cent in Rio Grande Western pfd. In
the second hour of business the selling
OF Tobacco was renewed and a re-
action of 124 per cent ensued The
general market also became weak ana
sagSed off 75@1 per cent, the latte,
in Cordage guaranteed and Erie Tele-
Shortly he n
Ginning tendency was checked, Sugar
selling up per cent; Leather pre-
ferred and Consolidated Gas, ~ per
cent; st. Paul & Omaha, rs; Mime
apolis & st. Louis second preferred,
Us; the grangers, 3sGf1 per cent. To-
ward delivery hour Tobacco was again
attacked and lost 2$4 per cent, and the
general market became irregular ana
III the main weak. Sugar receded ia
per cent; New England, IA, and ST
Paul, Pacific Hail, Leather preferred
and Consolida ted Gas l per cent IL,
the final trading Tobacco rallied 11s per
cent; Michigan Central rose ! per cent.
Trading in bonds was active, and
higher prices were established The
speculative issues We're absorbed free
ly, particularly the Reading liens The
aggregate sales were 81, 0S9 900. The
more notable gains are: Cordage small
receipts, /; Denver & Rio Grande So,
%; Kansas Pacific consolS, rs; Kan
sas Pacific trust receipts, IL; Toledo,
st. Louis & Kansas City first trust
receipts, IA; Rochester & Pittsburs
consols, Erie Fourth extended and
Reading Is, ~; Reading second in
comes, 2; Reading third incomes and
Union Pacific, Denver & Gulf lists
IL. and c., c.. c. & I. general, Hooking
Valley Us, Illinois Central is of 1853
International and Great Northern lists
Kansas & Texas eds, Louisville. Evans
Vile q st. Louis consol IS, Terminal
Railroad Association of ST. Louis con-
sol IS, Union Pacific Sinking Fund SIS
and Wisconsin Central incomes, per
cent.
The total sales of stocks today were
334,S27 shares, including: American
Sugar, JS200; American Tobacco, 7S,-
800; Atchison third assessment As paid,
5000; Burlington, $500: Canadian Pa
cific, 3.4G0; Chicago Gas, 1890; Dis
tillers and Cattle Feeding, $500; Louis
Vile q Nashville, $500; Missouri Pa
cific, 4,600; Northwest. 400; Pacific
Mail, $500; Reading, Is. Goo; Rock Island,
$500; st. Paul, $500: Silver certificates,
10000; Southern Railroad. 400; Ten
nessee Coal and Iron, 1900; u. s.
Cordage. second assessment paid, $500,
Z. S. Leather preferred, $500; Wabash
preferred. 400; Western Union, 800;
Wheeling & Lake Erie, 5.4O0.