St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-01-20
sNANCIAE.
New York.

NEW YORK, Jan. 19.-The share specu-
latlon has been heavy I'D tone ali day on
very light volume Of business. The
heayinesSS of the market was dueJto
realizing profits of the recent advance,
except in one or two instances. in which
special Influences were at work all week.
A case in point was Union Pacific,
which was sold heavily on the reported
intention 10 foreclose the property and,
OIL a vague rumOr that a so per cent
assessment on the stock was probable.
At the close Of business the Associated
Press dispatches announced the making.
of an application at st. Louis for the
foreclosure of the first mortgage On and
the appointment Of separate receivers
for the main line. The stock broke IA
and closed at the lowest point touched.
Chicago Gas was weak on selling in
duced by the complications result
ing from the efforts to change the con-
troll of the companies. An early ad-
vance of d was made, which was quick
lv followed by decline of 155 to 1875,
with final rally of Is, making the loss
on the day l per cent. Laclede Gas
preferred advanced per cent and re-
acted II. The more material losses on
the day are: Pittsburg, c., c. & st.
Louis preferred. 23s; Lehigh and
Wilkesbarre Coal, /; Union Poetic,
~: Minneapolis & st. Louis. Is; Del
aware 81 Hudson and Chicago Gas, i;
General Electric, Baltimore & Ohio and
Tobacco. q; and Louisville & Nash
vile and Rubber, %.
The grangers opened lower, reacted o
shade, made a partial recovery, and in
final dealings fell off again. except Rock
Island, which stands unchanged OH the
day. Burlington is down 4; Northwest.
"a, and st. Paul ., the latter being sold
by London. Sugar was but slightly
dealt in and moved within range of q,
losing just that fraction on the days
transactions. The market closed dull
and heavy in tone.
During the week, while the trading
was very light, the market was in the
main strong. and in majority of cases
an advance has been recorded on the
closing figures of Saturday last. The
aggregate of the sales is CSC, 500 shares,
Chicago Gas leading in point of activity.
The fluctuations in this stock have been
wide and frequent, the movement there
in being due to the endeavOr to GUST
the present management and the diff
culties placed i'll the way or that prop
osition. The shares opened Oh Monday
at 7515 eX-diyidend of ~ per cent,
decline OF Is, and subsequently broke
to 7O15, closing at 1871, a recovery of
81 from the lowest, but Is down on
the week on the sales of 100, 500
shares, an unusually large total. Sugar
was traded in to the extent of but
103, 100 shares, which has frequently
been exceeded by the transactions of
single day. The fluctuations were mar
row, the high price of the week being
9oT, the low point SO and the closing
S93I, which is only 4 below the preYi-
Gus Saturday. Baltimore q Ohio was
prominent i'll the trading and advanced
25S, retaining all but q of the improve
ment. 10
The Vanderbilt shares were in re-
quest during the latter part of the week
and some substantial advances were re-
corded, including 2 per cent in hlichi-
gan Central and 2I in Lake Shore.
Illinois Central was sold up So per cent,
retaining the entire advance The buy
ing of the stock was largely for the for
eign account, and was induced by the
Improvement in the earnings, when.
permitted tie declaration of the full
quarterly dividend at the rate Of I per
cent per annum. -
The National Starch shares have been
in demand, and the common sold up
IL to 615 and do first preferred per
cent to 40, while do second preferred
was bid up 5 per cent to D. Pullman
Jumped per cent to Isl on Thursday
on Il purchase of 100 shares. and closed
= below the best. The specialties were
more active than usual, and a majority
Of them recorded substantial advances.
The grangers were adversely affected
by the action of the united senate in
postponing consideration of the pooling
bill, and recedeG & fraction in the early
part of the week, but recovered the
losses with the exception of St. Paul,
which is Is off.
Northwest is unchanged and Burline-
ton is up 4, Rock lsland.1. and st. Paul
preferred, 2K.
The principal declines were: ToIeco
Il Ohio Central 5 per cent. and do pre-
ferred, 2; Consolidated Gas, ~; Lee
high and Wilkesbarrc Coal, 4.
While the bulk Of trading in today's
bond market was lower, the recessions
did not exceed fractional limits. The
dealings were light, ana reached