St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-04-22
FINANCIAL.
New York,

New York.
NEW YORK, April 20.-The stock
market opened quieter than yester-
days closing prices, and during the
1lrSt fifteen minutes the tendency of
the active list was in the direction
of lower figures. The specialties dealt
IN at this time were, on the contrary,
quite strong, and recorded advances,
and gradually the entire market
gained strength. The volume of bus
mess was small. Shortly before the
close active buying set in which re-
suited in sharp rise, and speculation
closed decidedly buoyant in line
Many of the shares traded in were in
the highest of the week in the final
dealings, notably the grangers, which
were in brisk demand and made gains
on the day of K@N per cent. Sugar
inquired most prominently in the trad
ing, moving within a range of q per
cent, and closing at yesterdays final
prices. Louisville, New Albany & Chi
cago sold up 212 per cent. The stock
reacted u per cent in the final deal
ings. Other advances on the day are
Baltimore & Ohio, Baltimore & Ohio
Southwestern preferred, Iowa Cen
trail, Norfolk & Southern, Oregon I'm
provement and Cotton Oil preferred, 1
per cent; Kansas & Texas preferred
IA; Norfolk q Western preferred ~
and Consolidated Coal "a per cent A
lew shares showed declines of 1a6O5s
per cent. The trading throughout
the week has been characterized by
considerable strength and animation
with a very wide distribution of bus
mess. Speculation was stimulated by
the favorable reception accorded to
President Cleyelands views on the
financial question, by the strength of
wheat, cotton and other staple COM
modities, and by trade reports showing,
revival of business throughout the
| country generally. A brisk inquiry
came from foreign centers and COM
mission houses reported a large in
crease of orders, principally from the
West.
Losses made in Baltimore & Ohio
and General Electric were rapidly re-
covered, and subsequently, both prop
critics touched higher figures than
were current before the break Reali-
cations were in evidence at periods,
but the reactions caused thereby were
as rule slight and full rallies quick
| ly followed. The highest prices of the
year were touched in Seventy-five
stocks, and from the low point reached
after Jan. l Leather preferred showed
gain of 2l5s per cent, Sugar 201a,
Manhattan 1872, and Tobacco 15A per
cent.
The improvement in prices as a re-
suit of the weeks transactions ranges
up to 1212 per cent, the latter in Ten
nessee Coal and Iron preferred The
common moved UP 3A per cent. Sugar
led in point of activity, and was
marked up to 107, mainly on the re-
sumption of operations in the trust
refineries. The ready absorption of the
stock offered gave color to the repeated
rumor that insiders were increasing
their holdings. On the final sales of
the week the net gain is 3 per cent, the
| preferred making a similar improve
ment. Manhattan was notably strong
and jumped from 1922 to 1872. These
| figures induced realization and the
price fell to III. Leather preferred be-
gan the week with a gain of 15s per
cent. Realizing sales sent the figures
down to 745s, loss of per cent. Sub
| sequently the stock again touched, 70,
closing at 77A ex-dividend Pullman
was sold up from 157 to 165 The gran
! ger shares made substantial advances.
nv NOoiSio oilO WSu gains ranging uD
to IA, the latter in New Jersey Cen
| trail. With but few unimportant ex-
ceptions prices show an appreciation
in values on the week, the more i'm
portant advances being: Rio Grande
Western preferred, per cent; st. Paul
& Omaha preferred and Toledo & Ohio
Central, 6; Canadian Pacific, So; Cotton
| Oil preferred, Az; Kansas & Texas pre-
ferred, AS; Northwest AZ; Illinois Cen
trail, A; Lake Erie & Western, 37s; Lake
! Erie & Western preferred, 31s; Tobacco
| and Erie preferred, S5s.
| Declines-Cedar Falls & Minnesota.
| AZ per cent, and Buffalo, Rochester
| IL PlttSburg, per cent. The total sales
! of the week were 1,231 900 shares, and
154 stocks were traded in. Speculation
in bonds was active, but cratic for the
| greater part of the day. Near the
| close however, there was a general up
ward movement, and the market closed
| strong. The sales were $1,611 900. The
| principal advances We're: Toledo, Pc
oria & Western firsts, per cent; Ore
| gon Navigation Trust Receipts, 8; Nor
ris & Essex rs of II, and Louisville &
! New Albany consols, 2.
The bond market during the week
! was animated and strong, and there
were heavy purchases of all classes
Of securities for home and foreign
investment accounts. The dealings
covered a wide range, $50 issues being
dealt in. The more marked apprecia-
tons are in the inactive bonds. but
| the speculative issues also show ma
terial gains, as follows: Norfolk &
| Western 100-year 5s, 14$4 per cent.
Cleveland & Pittsburg, AZ; series A.
| l019; Seattle, Lake Shore & Eastern
first trust receipts, ~; Union Pacific
sinking fund IS, 6; Peoria, Decatur g.
Evansville firsts, 51a; Toledo, Peoria
& Western firsts, 5, and Tennessee
Coal ffrsts, Birmingham Division. Az.
and Tennessee Coal firsts, Tennessee
division, Az per cent; Norfolk & West
| ern, Maryland & Washington diyis
ion,. firsts are down per cent. The
weeks transaction are $14, $4,000. Gov
ernments ruled fairly active and high
er The feature being the sales of the
new coupon As at 1205s, the highest
price yet reached. The total sales
were $l29,G00. State issues were dull
but generally firm; sales of So. 900 Vir.
ginia Centuries; $1,000 Virginia Cen
turtles deferred 6s stamped; S.. 600 Ten
nessee Settlement IS, and $500 Ala
bama class IA Silver Certificates
| were quiet and heavy with tranSoo