St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-01-16
100000
To Loan on St. Paul Real Els
tate.
St. Paul Title Insurance 3 Trust Co
FINANCIAL.
New York.

NEW YORK. Jan. 15.-It was a dull
and uninteresting day Oh the stock eX-
change, and the changes in prices on
the days transactions are insignificant
except in the case of few specialties.
The commission houses complained of
the absence of orders from the foreign
trade, which was light OH both sides
of the market, and the local traders
were not disposed to operate extensively
On either side of the market. The pre-
yailing tone was; depression, and the
chief cause was the postponement by
the senate Of the consideration of the
pooling bill. At the opening the
market was generally firm, with Louis
vile q Nashville. Denver q Rio Grande
preferred and Ontario Il Western dis
playing most strength. The last-named
stock advanced q per cent Ill the early
trading on the report that q dividend
would soon be declared on the common
stock of the company, which would
have the effect of breaking the existing
voting trust, under which direct orders
are elected by the hundred sharehold-
ers, and giving the control to common
stockholders. Chicago Gas was excep-
tionally weak on heavy sales, induced
by the legal complications which have
grown out OF the effort to change the
control Of the company. The stock
opened at decline of 11s per cent, and
further break of l per cent in the first
few sales. The brisk covering move
ment, however, quickly followed, caus-
ing rally Of q per cent. After the
first fifteen minutes general re-
tcnE t>lapn lod htt Now Inronu
Central with loss of % per cent, but
there was a prompt recovery, in which
Burlington and st. Paul were most
prominent. During the second hour
Sugar was sold down "a, and few
other stocks moved back. including
Iowa Central preferred, which fell off l
per cent. Denver & Rio Grande at this
time rose l per cent, and New Jersey
Central and g., G., G. & st. Louis each
30, while National Starch first pre-
ferred jumped 5 per cent to As. Soon
after midday the grangers, which had
shown signs Of weakness III the MORN
ing, gave way under pressure of sales
and declined, the losses from the early
high prices being ~ in Northwest,
11s in Burlington and ST. Paul,
and 81 in Rock Island. Wheeling and
Lake Erie preferred broke rs, and
LDeTe was very general decline OF
fraction, except in st. Paul & Duluth
and Metropolitan Traction, which rose
211s and ~ per cent respectively. In
the late dealings Chicago Gas was
bought to cover short contracts, and
touched the highest point of the day at
| the close. The general market was we'll
held in the final trading and closed
steady. Compared with yesterday, the
| last prices made show losses OF q frac-
ton in majority of the active list, and
| Iowa Central preferred Is down l, and
Wheeling and Lake Erie preferred IA
| per cent. Denver Il Rio Grande shows
gain Of l per cent, Metropolitan
Traction, ~; st. Paul & Duluth. 81,
| and few other specialtieS fraction.
| There was rather firm tone to the
trading in the bond market today, but
the aggregate Of sales was somewhat
lower than yesterday. The most i'm
portant changes are: Advances -
Union Pacific gold IS, "a; Peoria, De-
catur & Evansville seconds. Z. De-
clines-Cedar Rapids. Iowa Falls &
Northern IS, and Union Elevated tirsts,
2 per cent.
The Total Sales of Stocks Today
were 122, s73 shares, including: Amer
lean Sugar. 10000; Burlington, $500;
| Chicago Gas. 20, 700; ID. G. F., $500;
Louisville 81 Nashville, 1900; Rock
| Island, 3,700; st. Paul, II, 400; Ontario
| & Western, 4,Soo.