St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-04-08

speculative buying was neaVy- up to
the close. The losses of the day rang
ed from u to 7s per cent, the latter in
New Jersey Central which was sold
down in last half hour, breaking 2 /
per cent from the highest touched.
Manhattan is down e per cent;
General Electric and Lead q per cent,
and Cotton Oil Is per cent. Advances
ARE established of per cent in Cedar
Falls & Minnesota; ~ per cent in
Delaware & Lackawanna, and per
cent in Delaware & Hudson and Michi-
igan Central, New York & New
England was most prominent in the
dealings, but merely fluctuated with
lin the narrow limits of Is per cent,
closing " per cent lower than on
yesterday.
: During the past week the market
has been less active than for some
weeks past, with the result that the
edeclines on the week largely out-num-
Der the advances, while the aggregate
tisales reach only $4,000 shares, 135
stocks being dealt in. AT the opening
tof the week the market was strong,
owing to the advance in Americans at
the London exchange, the improved
outlook for the crops, and in part to |
the appreciation in silver. In many
cases the highest figures of the year
were reached, among Others, in ST.
Paul, Sugar and New England. The
higher prices induced realiZations,
which encouraged the bears to attack
the market, with the result that a
reaction set in, in which New England
was the chief sufferer, selling down to
2B per cent, of which rs was subse-
quently recovered. In the latter part
of the week trading was dull and
irregular, the depressing influences
being the unfavorable traffic returns
for March, foreign selling of profits
and doubts as to a favorable outcome
of the pending negotiations between
the presidents of the anthracite coal
carrying roads. The closing of some
of the sugar trust refinerieS was used
as a wedge against the stock
After sales had been made at 1.04,
General Electric was heavily dealt
and was alternated buoyed and de-
pressed, according to the tenor of the
news disseminated in the street as to
the much-heralded General Electric
Westinghouse combination. The Cor
dage shares were in demand through
out the week, particularly the guaran-
teed stock. Manhattan, on light trad
ing, jumped 33s per cent to 1131b, which
is the best price of the year. A break
of per cent, to S312, in METROPOLITAN
Traction, attracted no little attention.
There was a rumor that the company
mad not earned the recent dividend de-
clared ON the stock. The fact that
the management contemplates issuing
large amount of bonds shortly was
also said to be a factor in the break.
The company officially states that
there was nothing in the affairs of the
company to warrant the decline. and
progressed ignorance as to the cause.
The accession of New York capitalists
to the board of directors of the Ten
nessee Coal and Iron company was
the primary cause of a brisk demand
for the shares, which show a gain of
rs per cent. The other important
changes on the week are:
Decllnes-Colorado Fuel preferred.
IL per cent; New Jersey Central. q:
Nickel Plate seconds preferred az
oregon Navigation and Hooking Val
icy preferred, 3; Consolidation Coal.
~; LaClede Gas preferred. 21b. and tho
grangers 3s per cent.
AdVances-Starch first preferred. Is
per cent; New York, New Haven
q Hartford, 6; Erie TELEGRAPH az.
Tobacco, "a, and Cedar Fails & Mir,
nesota, Michigan Central & Duluth
south Shore and Atlantic preferred
2 per cent. GU
x ne pond market today was ouiet
anu generally firm. The Oregon Navi-
-satlon issues We're the feature of tho
peallnss and made a further sharn. an
Preclat lon' the SIS moving I'D Der
cert! and do Trust receipts and Col.
1ateral trust SIS, per cent each. The
safes aggregated $546, 900. An advan5cea
was recorded of 21a per cent in Ore
gon & Californi SIS.
Ihefe was pronounced strength DIR
ing the earlier part of the week in
me speculative mortgages. some of
WHICH made material Improvement
subsequently realizations were plainly
uiscermble in the securities of this
class and recessions were made. Tho
usually inactive mortgages were ean-
orally traded in and moved indenend-
emily of the speculative bonds The
aggregate Of the sales is considero h1,,
-peioW the total of last week. but the
uedlniss were more widely distrib-
uted The weeks transactions wore
SI,20Sooo In which 265 bonds figured
Inc only notable losses are: Louis
vile, New Albany consols, 80. and Or
egon improvement consols SIS az
among the principal gains are. Ore
gon Navigation Collateral Trust rs ~
per cent; do SIS, 91a; and do Trust re.
celpts, g.; Norfolk &, Western 1OO-vear
IS, 5A; do General 6's,< and Galveston
houston and Henderson SIS, 5; Peoria
Decatur & Evansville lists, Evansville
division, AZ; Central Pacific. Cbesa-
peake & Ohio extension SIS, 4; st. Joe
q Grand Island lists, 35s; Tennessee
Coal lists, Tennessee division, and To-
ledo, St Louis & Kansas City lists. and
Ioledo, Ann Arbor lists, Trust receipts.
8, and do Grand Trunk LIST, Trust re-
celpts, "A. Government bonds were in
hghter demand during the week. sales
aggregating only $4,000. There were
significant changes in values. State
securities were dull, except for vir-
g1nla Centuries, of which s1Ss, 600 were
traded in. Silver certificates were
strong on Monday, and sales were
made at 6S1a against 671h, the final
transaction of last week. Later there
was q break to 64A. The closing sales
were $4,000.
The total sales of stocks today were
l6o,255 shares, including: American
Sugar, $500; Burlington 1000; D. C. F..
AGO; Erie, 1000; General Electric, a, 500;
New Jersey Central $500; New Eng
land, third assessment, paid, 1900;
North American, 5000; Reading, SEQ;
*