St. Paul daily globe., 1895-07-31
NOT WATCHING IT.
WALL STREET UNAFFECTED BY
SLIGHT CHANGES IN THE
GOLD RESERVE.
tRREGULARiTY OF STOCKS.
ACTIVE MARKET, WITH SOME
BULL OPERATIONS, BUT NO
STEADINEsS.
REALIZING IN THE GENERALS.
Eugar Pushed Upward by Clique
"A Midday Attack by
Buyers.
lRREGULARlTY OF STOCKS.
REALIZING IN THE GENERALS.

NEW YORK, July 30.-In certain
speculative circles it was thought that
the return to the treasury department
of gold withdrawn for export this
month, and the raising of the gold re-
serve to the high level, would act
as a lever on the stock market this
morning. The incident passed un-
noticed, however, just as did the re-
cent gold Withdrawals for export, and
it would seem that Slight variations
of the government finances are not
factors of Wall street speculation at
this time. The stock market opened
active, but irregular The Sugar
clique moved that stock up l per cent.
Missouri Pacific was bought by in
side interests, and advanced 1 per
cent In the general market realiz-
atoms were inaugurated and a frac-
tional reaction took place, with the
grangers, Chicago Gas and Leather
preferred leading the movement. Soon
Western buying orders in Chicago
Gas appeared, which sent the
shares up 1ss per cent. Louisville
& Nashville rose IA per cent on a
report that the company would soon
Fall in 81, ,521, 600 adjustable bonds and
thereby realize securities worth over
BS000,O OG0, which can be used for any
sf the purposes Of the company. Min
neapolis & st. Louis first preferred
rose ~; Minneapolis & st. Louis sec
ond preferred, 13s, and the active list
fraction. Toward midday the buy
Frs began an attack, but succeed
ed only in making fractional reac-
lions. Tennessee Coal was an excep-
tion, and, on purchases credited to
lhe management of the company, sold
up 1A per cent. After l o'clock the
trading was very light and fluctuations
very narrow. Manhattan jumped 21a
per cent, but later lost 1. Wheeling
& Lake Erie preferred fell off 1A on
a sale of 10 shares. The dealings in
Chicago & Eastern Illinois preferred
were on an unusually large scale, the
;4ock moving between 101 and 1O1H,
against 10115 last night; the common
stock receded 11a per cent. The market
closed Irregular, but a majority of the
list shows fractional declines.
Bonds were less animated and irreg-
ular: Kansas City & Omaha 5s sold
at 5312 against Az the last preceding
sale; sale; other losses of note are: st.
Paul Hastings & Dakota Is, Northern
Pacific consol IS, do trust receipts, 1H
per cent, and do seconds do, Chicago,
Burlington & Northern 5s, per cent;
Atchison As rose III per cent; Northern
Illinois f1rsts, 4; Cleveland, Columbus.
Cincinnati & indianapolis generals, 31a
Chesapeake Ohio firsts of 1911, 2%
Flint & Pere Marquette, Port Huron
division 5s, 2: Tennessee Coal firsts,
Birmingham division, ~; Peoria &
Eastern ffrsts and Northwest sinking
:und 5s, IA; and Cincinnati, Dayton &
1ronton 5s. and Peoria, Decatur &
Evansville 2ds, / per cent. The sales
were 50, ,204,000
TOTAL SALES OF STOCKS TODAY
were 1876, ,29O shares, including American
Sugar, "A ,10G; :Atchison, 1890; Burling-
ton, 800; Chicago & Eastern Illinois
preferred, 6,100; Louisville & Nashville,
1890; Manhattan Consolidated, 1880;
Missouri Pacific, $500; National Lead,
1900; Reading, 5000; Rock Island, S,40O
A2Go; Tennessee Coal and Iron, $500
Wheeling & Lake Erie. 3,400