St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-03-24
FINANCIAL.
New York.

New York
NEW YORK, March ga weak
London market for American secur-
tiles causing selling movement in
the stock exchange this morning
which sent the general list down a
fraction. The depression lasted for
about one hour, during which time
large number of shares changed
hands.
The bear element was cautious in
its dealings and not disposed to
put out very long lines over Sundey,
so that the greater part of the sales
were in liquidation of long accounts
for the purpose of taking profits.
Later recovery set in, which grew
in force under very strong buying;
the market closing buoyant in tone
at about the highest prices of the
week. The gains made on yester-
days final sales were: Missouri Pa
cific, 2as; New Jersey Central, "a !;
General Electric, 2; Delaware, Lack
awanna & Western, IL; Delaware &
Hudson, 15s; Pacific Mail and Lead,
1; ST. Paul and Louisville & Nash
vile, B, and the rest of the list 40
" per cent. The market during the
week displayed considerab BILE strength
and animation. Among the moving
Influences of the Improvement was a
general belief in the early settle
ment Of the discussions among the
ri fn
London buying and the recovering of
short contracts, coupled with an
active demand from commission men,
has materially assisted, and the high
est prices of the year were touched
iii the grangers, General Electric,
Distilling, New Jersey Central.
Atchison, Manhattan, w. u, Cotton
Oil, Lead preferred. The advances
IN these shares over the low prices
of the quarter ranged from ~ per
cent in Atchison to 51s per cent in
New Jersey Central. The closing was
at the best of the week Distilling
was heavily traded in throughout,
and exhibited marked strength, be-
ing bought heavily by the interests
connected with the reorganization
plan. The closing sales were within
Is of the best prices made. The an
nouncement of meeting of coal
carrying roads alarmed the bear
traders and in their haste to cover.
New Jersey Central was advanced
from S97s to 81, the final sale being
within 70 of the top figure. The
other anthracite coal shares, and
also the bituminous coal stocks made
material advances. The principal
gains on the week are:
Toledo & Central preferred per cent
Chicago & Eastern Illinois preferred
oregon improvement and Tobacco pre-
ferred, Az; Tobacco, common. 25a;
Wheeling & Lake Erie preferred
"A; Missouri Pacific, 3%; Louisville
q Nashville, 3s, and New York
Elevated Us; Big Four preferred, /;
st. Paul, M. & NJ, Pullman and Evans
vile & Terre Haute, 8; Hooking Coal,
"a; Burlington & Reading, 25s; Illinois
central, 21a; Louisville, New Albany
preferred; Delaware & Hudson, Alton.
& L. H., and Cotton Oil preferred. 2A.
and Rock Island and Denver & r. G.
preferred, 21a; Susquehanna & Western
preferred shows a loss of per cent.
Speculation in bonds was animated to-
day, the sales aggregating $1,OS4, 900.
Highest Trices were established, as a
rule the only decline of more than a
traction being one per cent in Wiscon-
sin Central firsts. The chief advances
are:
Missouri Pacific thirds, per cent;
L., N. A. & Chicago consols, 2h.
The railway and miscellaneous bond
market was unusually active and
strong during the week, and foreign
houses Were purchasers of large blocks
OF the international securities. The
leaders in activity were Texas & Pa
cific Eds, Atchison As, Northern Pa
cific consols SIS, Southern SIS and Kan
sas & Texas seconds. The total sales
of the week We're $11, 1921, 500, in which
2'2 bonds shared. The principal adj
vances on the week were: Missouri
Pacific consol 6's, per cent; Missouri
Pacific consol thirds, 5; Northern Pa
cffic collateral trust 6's, SIS; Northern
Pacific collateral trust 3ds, 81; North
ern Pacific collateral trust IDS, 3A c..
q, Q. 41a's, 43s; ST. Joe & Grand Island
fTsts trust receipts and Wabash Ids, 2:
Wisconsin Central firsts As, Wisconsin
Central incomes, g.; Reading As trust
receipts and Reading first incomes.
3s4; do seconds, S1z; Kansas & Pacific
eonsols, S%; Louisville, New Albany
consol, 31s, and Elizabeth & Big Sandy
firsts, Ohio Southern As, Keokuk &.
Des Moines frsts and Union Pacific
collateral trust 6's, 8.
nj Total Sales of Stocks
today were 1886 shares, including:
American Cotton Oil, 1,70O; American
Sugar. 5000; American Tobacco, 2, 100:
Burlington. $500; Chicago Gas. $500:
Colorado, HI. v. & T.. 1900; Distilling,
$500; General Electric. 1880: LOUIS
vile & Nashville. $500: Manhattan.
1000; Missouri Pacific. 6. 100; New Jer-
sey Central, 1O,7O0; New York & New
England third assessment paid, G. 200:
North America, 1000; Northern, 1900:
Pacific Mail, 1900; Reading, 1920:
Rock Island. 1900; st. Paul, 4,3oO
Southern Railroad. 5000; Sothern Rail-
road preferred, LOO; Wabash pre-
ferred. 1.700: Western Union, 1880:
Wheeling q Lake Erie. 2.2UO.
New York Bank Statement.
New YORK. March 23.-The weekly
bank statement shows the following