St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-08-31
STOCKS SOMEWHAT FIRMER,
BUT SPECULATION RATHER
LIGHT.
A FEW NOTABLE ADVANCES.
lNDUSTRIALS, ESPECIALLY To-
BACCO, SUSANNA RAID, BUT
RECOVER.
TWO AFTERNOON REACTIONS.
The Closing Prices Higher Than
the Previous Days, but the
Tone Heavy.

NEW YORK, Aug. 39.-The stock
market today was characterized by an
Improved tone, although the volume
of business was lighter than yeSter-
day. In view of the fact that the en-
gagement of gold for shipment by to-
morrow's steamers were larger than
had been expected, and that a million
and a quarter of gold had been with
drawn from the Sub-treaSury, the
speculation was remarkably firm. The
street felt assured that the government
bond syndicate would reimburse the
treasury for most of the gold taken
out, and the syndicate deposited a
million in gold before the close of
business, taking legal tenders in ex-
change, thus placing the reserve at
about $lCj 67l, GGO. AT the opening OF the
board some fractional reactions took
place and Tobacco broke rs to 92A
on manipulation. Under the influence
OF sharp covering movement, Tobac-
co sold up per cent Other of the
industrials also came into demand and
recorded gains, Cordage guaranteed
rs: Tennessee Coal. ~; Sugar, = rs,
and Consolidated Gas and La Clede
Gas l per cent.
The railway group after II O'Clock
scored gains ranging up to ~ per
cent in New Jersey Central. After
midday sales to realize profits caused
a fractional reaction in the general
list, per cent il Sugar and 2Ia il,
Tobacco. The decline was checked be-
fore O'Clock and an appreciation il,
values of 1sQl1A per cent took place
the latter in Bay State Gas, 13s in
trail preferred and l per cent in Wa
bash preferred. Panhandle preferred
was notably strong and rose per
cent to 5S. After delivery hour realiza-
h.
back. Sugar, Tobacco and Lead pre-
ferred lost II; Erie preferred, l per
cent, and other shares a small frac-
ton. United States Express sold at
Speculation was heavy at the close,
but prices are in the main higher than
yesterdays final sales.
There was a shrinkage in the volume
OF bond trading, today compared with
yesterday and the preceding day, the
sales having aggregated but 81, 753, 09O
The speculation, however, lost none or
its buoyancy, and liberal advances
were recorded in some issues, notably
Lehigh Valley Terminal lists, per
cent, Wisconsin Central 1st trust re-
ceipts, 25s; Oregon Improvement corI-
sol 5s. ~; Tennessee Coal, Birming-
ham Ga1 Division lists and Big -Four,
Denver and Gulf lists, IL; Atchison,
Colorado & Pacific lists, 1ss; Denver
& Rio Grande As, II; Texas & Pacific
IDS, rs. and Kansas & Texas Eds,
Louisville & Nashville, H. N. A. con
sol 5s. Missouri Pacific trust 5s, Wa
bash IDS. Union elevated lists and IN
diana, Illinois & Iowa As, l per cent
Declines: international & Grea,
Northern lists. IL per cent; Cotton Oil
IS IA, and Oregon Improvement 1sts,
Alton & Terre Haute lists and Iron
steamboat As, per cent
The total sales of stocks today were
202, $50 shares, including: American
Sugar IA $50. A merican Tobacco 90 5Ou.
Atchison, third assessment paid, II, 2oo;
BurlingtNp, 10,400; Chicago Gas, 16 200;
Distilling. 500; Northwest, 4,4OO; Read
ing, 1900; Rock Island, 0,400; st.
Louis &c S. W., 1890; st. Paul, 3.4O0;
Tennessee Coal and Iron, $1,000; Wa.
bash preferred 1880