St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-04-07

ed from Is to Is per cent, the latter in
New Jersey Central which was sold
down in last half hour, breaking
per cent from the highest touched
Manhattan is down q per cent:
General Electric and Lead y per cent,
and Cotton Oil Is per cent Advances
are established of per cent in Cedar
Falls & Minnesota; ~ per cent in
{, Delaware & Lackawanna, and 1 per
cent in Delaware & Hudson and Michi-
, gan Central New York & New
England was most prominent in the
Dealings, but merely fuctuated with
in the narrow limits of rs 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
I declines on the week largely out-num-
her the advances, while the aggregate
!!:5afes reach only $4,000 shares, 135
stocks being. dealt in. At the opening
OF the week the market was strong.
owing to the advance in Americans at
Z 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 realizatfons,
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 unfavorabie 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 wedge against the stock.
After sales had been made at 1.N,
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
Gage shares were in demand through
out the week, particularly the guaran-
teed stock. Manhattan, on light trad
ing, jumped 3ss per cent to 1151s, which
is the best price of the year. A break
of per cent, to S31a. in Metropolitan
traction, attracted no little attention.
There was a rumor that the company
had not earned the recent dividend de-
clared 'on the stock. The fact that
the management contemplates issuing
a 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
l1S per cent. The other important
changes on the week are:
Declines-Colorado Fuel preferred.
III per cent; New. Jersey Central, 4;
nickel Plate seconds preferred, 81:
oregon Navigation and Hooking Val
ley preferred, 3; Consolidation Coal
~ LaClede Gas preferred, 2lb. and the
grangers Is per cent
cAAoVances-Starch first preferred Is
per cent; New York, New Haven
@ Hartford. 6; Erie telegraph. az :.
Iooacco, "a, and Cedar Falls e. Mir
lfesota, Michigan Central &, Duluth
south Shore and Atlantic preferred
+ per cent. "'
ihe pond market today was ouiet
ana generally firm. The Oregon Navi-
salloh issues were the feature of tho
neailngs and made further sharp an
pieciauon, the SIS moving up per
ooht' ana 90 Trust receipts and Col
iateral trust SIS, per cent each. The
sales aggregated $3.50 An advance
was recorded of 2h per cent in Ore
gon & Gallforni SIS. -,
ihSIe was pronounced strength dur
ing the earlier part of the week. in
the speculative mortgages, some of
winch made material Improvement
subsequently realizations were DIainlv
alscern1ble in the securities of this
class and recessions were made. The
usually inactive mortgages were ren-
orally traded in and moved indanend-
emily of the speculative bonds. The
aggregate of the sales is considerably
below the total of last week but tho
dealings were more widely distrib-
uteu. Inc weeks transactions were
$7,26S.0Oo in which 265 bonds figured
Inc only notable losses are: Louis
WIFE, New Albany consols, 31a, and Or
egon improvement consols SIS. 81.
Among the principal gains are: Ore
gon Navigation Collateral Trust SIS. Is
per cent: do SIS. 91k and do Trust re-
celpts, 3; Norfolk & Western 10O-year
5's, SD; do General 6's, and Galveston
houston and Henderson SIS, 5: Peoria
Decatur & Evansville lists, Evansville
division. AZ: Central Pacific, Chesa-
peake & Ohio extension SIS, 4; st. Joe
Grand Island lists, 35s; Tennessee
Coal lists, Tennessee division, and To-
iedo, st. Louis & Kansas City lists, and
Iofedo, Ann Arbor lists. Trust receipts,
3, and do Grand Trunk 1st, Trust re-
ceipts, AZ. Government bonds were in
lighter demand during the week. sales
aggregating only s122. 900. There were
significant changes in values. State
securities were dull, except for Vir-
ginia Centuries, of which SfSS. 900 were
traded in. Silver certificates were
strong on Monday, and sales were
made at 6S1a against 671a, the final
transaction of last week. Later there
was break to 64A. The closing sales
were $4,000.
The total sales of stocks today were
1925 shares, including: American
Sugar, $500; Burlington. &, Zoo; d. c. F.,
1900; Erie, 1900; General Electric, 4, 500;
New Jersey Central, $500; New Eng
land, third assessment, paid, 1,5OO;
North American. 1920; Reading, 500;
Western Union, $500.