St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-03-30
FINANCIAL.
New York.

NEW YORK, March 29.-There was
Slight increase in the volume of
business on the stock exchange today
and the tone of specula ton was firm
er, the result of the trading being a
very general appreciation in values,
ranging from Is to 2 per cent AS a
rule, prices We're a shade lower at the
opening and in the early trading there
were fractional reactions in part of the
list. The depression was of brief du-
ration, and under the leadership of
Sugar, which rose 11B per cent, the
market moved upward and with the
exception of an occasional slight re-
action continued to advance I'D to
delivery hour, when the Improvement
was very general, except in some of
the specialties. Between 2:15 and PAS
there was pressure to sell which
was most pronounced in General Eiec-i
trio, but in the final transactions there
was a sharp rally and the market
closed firm in tone. The trading was
heaviest in DistilIing Trust receipts.
which were in good buying demand by
insiders during the greater part of the
morning, selling up Is per cent. In the
afternoon there was quite heavy Iiqui-
cent, with a final recovery of quarter.
The report that the reorganization plan
had been signed by the New York mem
bers of the joint commission and sent
to London for the signatures of for
eign members, coupled with the state
ment that the directors OF the company
had endorsed the plan, induced buy
ing of the shares which caused an
advance of Us, the last being the
highest price of the day. Sugar
huctuat ted between 1904 and 1918, clos,
ing quarter per cent below the top, and
Is above yesterdays closing: General
Electric rose Is per cent during the
morning on purchases mostly for the
account of short interests, and in the
. afternoon on the hammering of the
bear contingent the entire advance was
lost and the stock stands unchanged
from 1astnight. Reading moved withina
range of 1sper cent, naaking5a net gain
of quarter"of one per cent. -
The. grangers We're well held, and
show an Improvement Of" S137s, ex-
elusive of Rock Island, which is I'M
changed. In the coal shares there was
fairly good buying. New Jersey Cen
trail recorded an improvement of 1$s.
Other material gains are: National
Starch, 2 per cent; Minneapolis & St
Louis, "a; Cotton Oil and Leather pre-
ferred, N; 3. & o., rs, and Illinois
Central, st. Paul & Duluth, National
Lead and Western Union, l per. cent.
Declines were established of AZ per
cent in st. Paul and Omaha preferred,
IA in Iowa Central preferred and l per
cent in Hooking Coal s-t w.
The trading in bonds was more, ami
mated today, and higher quotations
were the rule, especially for the Atchi-
son securities and those of the allied
lines. The total sales We're 81, 737, 900, of
which $4,000 were Atchison seconds,
$4,000 Atchison As and $137, 200 Texas &
Pacific seconds. The principal ad-
vances are: Baltimore Belt first guar
anteed, 81 per cent; Colorado Midland
firsts. 2k; Colorado Midland As, Houston
& Texas, Louisville & Nashville, New
Orleans & Memphis firsts, Central de-
benture 4s and Toledo, Peoria & West
ern firsts, 2.
The total sales of stocks today were
2l4SS7 shares, including: American
Sugar, $4,000; American Tobacco, $500:
. Atchison, $4,000; Burlington, LOO; Dis
tilling, $4,000; General Electric, Is, 100;
L. & N, $500: New Jersey Central,
$500; N. Y. &c n. E., 10,700; Northwest
ern, $500; Reading, 1890; ST. Paul, r.
400; silver certificates, $4,000. & "a