St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-03-25
FINANCIAL.
New York.

NEW YORK, March pa weak
London market for American secur-
tiles causing a selling movement in
the stock exchange this morning
which sent the general list down a
fraction. The depression lasted for
about one hour, during which time
large number of shares changed
hands.
The bear element was cautious in
it's dealings and not disposed to
put out very long lines over Sundey,
so that the greater part of the sales
were in liquidation of long accounts
for the purpose of taking profits
Later a recovery set in, which grew
in force under very strong buying,
the market closing buoyant in tone
at about the highest prices of the
week. The gains made on yester-
days final sales were: Missouri Pa
cific, 23s; New Jersey Central, 2A;
General Electric, 2; Delaware, Lack
awanna & Western, IL; Delaware &
Hudson, rs; Pacific Mail and Lead,
/; ST. Paul and Louisville & Nash
vile, Is, and the rest Of the list 40
n per cent. The market during the
week displayed considerable strength
and animation. Among the moving
influences of the Improvement was a
general belief in the early settle
ment of the dissensions among the
anthracite coal-carrying companies.
London buying and the recovering of
pc ntC 1nI
active demand from commission men,
has materially assisted, and the high
est prices of the year were touched
in the grangers, General Electric,
Distilling, New Jersey Central.
Atchison, Manhattan, w. u, Cotton
Oil, Lead preferred. The advances
In these shares over the low prices
, OF the quarter ranged from ~ per
cent in Atchison to 51s per cent in
New Jersey Central The closing was
at the best of the week. DistilIing
was heavily traded in throughout.
and exhibited marked strength. be-
J ing bought heavily by the interests
connected with the reorganization
plan. The closing sales were within
Is OF the best prices made. The an
nouncement of a meeting of coal
carrying roads alarmed the bear
TRADERS and in their haste to cover
New Jersey Central was advanced
from S9B to 81, the final sale being
within Is of the top figure. The
FOther anthracite coal shares. and
also the bituminous coal stocks made
) material advances. The principal
gains on the week are:
Toledo & Central preferred per cent:
Chicago & Eastern Illinois preferred.
Oregon Improvement and Tobacco pre-
ferred, Az; Tobacco, common, 25a:
Wheeling & Lake Erie preferred.
AZ; Missouri Pacific, 37s; Louisville
& Nashville, : 35s, and New York
Elevated rs; Big Four preferred, 1;
st. Paul, M. & NJ, Pullman and Evans
vile & Terre Haute, 8; Hooking Coal,
"a; Burlington & Reading, 25s Illinois
Central, 2h; Louisville, New Albany
preferred; Delaware & Hudson. Alton.
& Z. H, and Cotton Oil preferred. 2H.
and Rock Island and Denver & r. G.
preferred, 2k; Susquehanna & Western
preferred shows a loss of per cent.
Speculation in bonds was animated to-
day, the. sales aggregating s1,OS4,O00
Highest Trices were established, as a
rule the only decline of more than a
traction being one per cent in Wiscon-
sin Central firsts. The chief advances
are:
Missouri Pacific thirds, 5 per cent;
L., N. A. & Chicago consols, 2ls.
The railway and miscellaneous bond
market was unusually active and
strong during the week, and foreign