St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-08-28
STOCKS GAIN FIST
SPECULATION QUITE BUOYANT
on THE NEW YORK EZ-
CHANGE.
FOREIGNERS GOOD BUYERS.
RAILROADS IN THE HANDS OF
RECEIVERS ATTRACT AT
TENTI0N.
foreigners GOOD BUYERS.
NDUsTREALs STRONG AGAIN
Demand fer Changers Continues
Brisi>--BO:sd Market Firm and
Animated.

NEW YORK, Aug. 27.-The upward
movement in prices on the stock eX-
change was continued today, specGia-
ton assuming a buoyant tone The rail-
way group led into improv enlent, not
ably the grangers, with ST. Paul and
Rock Island in the lead, and BurlinS-
ton tagging behind slightly. The for
eiSn contingent was a good buyer OF
the International stocks, st. Paul,
Atchison and Louisville G Nashville
being the favorites. Stocks OF COM
panieS in the hands OF receivers We're
In request by reason of the belief in
the success of the Erie reorganization
plan, and Northern Pacific pfd, Atch1-
son, Reading, and Erie itself, received
strong support.
In the Industrial shares. as a, rule,
movements resulted in net gains, an
exception being Chicago Gas, down 4
per cent. Sugar, after an early reac-
ton of 3, sold UP 112, reacted Is, rallied
rs and fell of Is. Tobacco rose 174,
declined rs, recovered Ia and re-
recovered IL per cent. General Elec-
trio was bought briskly and advanced
II pei cent, reacting Is The market
closed buoyant, the principal gains on
yesterdays final sales being: Erie pfd,
As; do common, rs; Denver & Rio
Grande pfd, 2&s; do common, rs; North
ern Pacific pfd, 2l:; Illinois Central,
2; Consolidation Coal, rs; St. Paul,
Canadian Pacific and Sugar, IA; Louis
vile & Nashville and Z. & o., H.; Cot
ton Oil pfd, i&s; Rock Island and Atchi-
son pfd, when issued, IA; Atchison, rs,
and Flint & Pere Marquette, General
Electric and Union IS ] per cent.
The speculation in railway mortgages
strength and animation, the sales ag-
gregating S4,124,000. Erie fund IS trust
receipts and do % consols gained 9
per cent; do stamped, ~; Oregon
Short Line collateral trust 5s, 1872;
Hannibal & St. Joe consols, 63s; Man
haitian Beach Hotel and Land As, 8;
Ohio & Southern As, AZ; do 1rsts, rs;
Chicago & Erie firsts, 3D., do incomes,
thirds, and Oregon Navigation IS, 8;
Indiana, Decatur 6 Springfield first
trust receipts, ); Northern Pacific
consol IS, 2; do trust receipts, Ia,
Reading Is and do trust receipts, 1a4;
DO first incomes and Chicago, st. Louis
& New Orleans IS, 2; New Jersey Cen
trail general IS, ~; Atchison second
trust receipts, ~; Wabash thirds,
Beech Creek As and New York Central
debenture Is, IL, and Savannah &
St. Louis first trust receipts, Kansas
Pacific IS of '96 and Houston & Texas
Central firsts. per cent. Declines
Knoxville & Ohio tirsts, l.
ne lOldi sales OF STOCKS TO-DAY were
8O4.S72 shares, including: American Su-
gar, 1880; American Tobacco, 1880;
Atchison, 22,7e9; Burlington, 1880;
Chicago Gas, 800; Denver & Rio
Grande preferred. 300; Distilling, 8, 400;
General Electric, 1860; Louisville &
Nashville, 10,3O0: Missouri Pacific,
5000; Northern Pacific preferred, 81, 100;
Northwestern. 7.4G0: Pacific Mail, 4,3G0;
Reading. 13, 800; Rock Island, Is, 400; St
Paul, 44,4e0; Southern Railroad, 1900;
Tennessee Coal and Iron, $500; q. S.
Leather preferred, $500; Wabash pre-
ferred, 1850; Western Union. S,1C0.