St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-04-25
FINANCIAL.
New York.

NEW. YORK, April N.-The bull
movement on the stock exchange
which has been in force. for some
weeks past has occasionally shown a
reactiohary tendency. It must not
be understood, however, that the en-
tire market has given way or that the
bottom has fallen out of the market, >.
but nevertheless it is a fact that the
result Of today's tradings is a depreci-
alton in values of the active shares
with very few exceptions, and the
heaviest sufferers are such speculative
leaders as the coal stocks and the
grangers, Of the railroad group, and
Chicago Gas and Cordage of the in
dustrials. There was a special rea-
son for the depression in the coalers.
which is to be found in the decision
of the presidents of the anthracite
coal roads made today to absolutely
refuse the demands of the Reading
company. and to suspend the negotia-
lions looking to an AMIGA bic settle.
ment of the percentage question. The
movement In the coal stocks has. since
the beginning of what is; known
the presidents conference, been large
ly dependent upon the favorable or
unfavorable reports of the progress of
the conference and the breaking off of
the negotiations naturally caused liq-
u1dations. The decline in the gran
ger stocks was largely sympathetic.
for there was no news in the street
affecting these properties, and the
selling is believed to have been mainly
Tor the purpose of profit-tal1ing. Real
1zatlonS were also in order in most of
the other stocks which have been in
line with the advancing column. Not
that the selling was all for the pur-
pose of taking profits, for the shorts.
taxing advantage of the situa ton, put
out some lines during the late after
noon and materially helped the down
ward movement. There were no evil
dences OF weakness at the opening of
business, the market being active and
strong, but the dealings gradually as
sumed heavy tone, and rallies and
reactions followed each other in sue
cess1on throughout the day. and de-
Ginning tendency being most marked in
the Hnal dealings, and the market clos
ing decidedly heavy. Chief among
the losses on the day are: Delaware
q Lackawanna, per cent; Delaware
q Hudson, 21s; New Jersey Central,
q Reading, rs; the grangers, N0R
baltimore & Ohio, 13s; Cordage pre-
ferred, IL, and Chicago Gas and Man
haitian, per cent.
In the column of advances are South
ern, rs; Southern preferred. 1: Long
Island Traction and Norfolk & West
ern preferred, IL; Alton and .Terre
Haute and Starch, ~; Baltimore e.
ONO, Southwestern preferred and To-
Dacc0 nrafnrrA6
Central coal, 21a per cent. The deal
lI!gs IN bones today were again of large
dimensions, with quite some Irregular
ity IN the speculative issue. The clos
ing sales, however, We're in the main
above yesterdays final transactions.
The aggregate sales were S2.978 coo
of which $4,000 were of Reading is,
sues; $366,0G0, Atchison issues; 1921. 900.
Northern Pacific consols.
The gains on the day were as fol-
lows: heokuk & Des Moines firsts, 2
per cent; Cleveland, Lorain & Wheel
ing hrsts, IL; Chicago & Eastern Hi
nois consols, 2; Chesapeake & Ohio Is
and International and Great Northern
thirds, w; do seconds, Lehigh Valley
OF New York firsts, East Tennessee
reorganization lien As and IS. Oreeon
--A-P4 w SiiiSiiIs El6dQlng as. ST
Louis Southwestern firsts, Oregon
Short Line consol IS, trust receipts.
Wabash seconds and South Caro-
lima & Georgia firsts, L per cent.
The only material losses were / per
cent in Northern Pacific consol IS and
Colorado Midland firsts.
TOTAL SALES OF STOCKS
! today were 2SS460 shares includinp.
American Cotton Oil, 3,4OO; American
Sugar, 24,7O0; American Tobacco, $500
| Atchison, $500; Burlington, 10000
| Chesapeake & Ohio, $500; Chicago Gas
1880; c., c., c. & ST. Louis, $500; Della,
ware & Hudson, $500; General Electric
| 1900; Kansas & Texas preferred, 4, 200
Long Island Traction, 1900; Louisville
| Nashville, $500; New Jersey Cen.
! trail, $500; New York & New England
third assessment paid. 15. 500; Northwest.
ern, $500; Reading, 1920; Rock Island
| 5000; St, Louis & Southwestern. 8, 400
st. Louis & Southwestern preferred
| $500; st. Paul, 1900; Southern Rail.
| road, $1,000; Southern preferred, s, 200
| Wabash preferred, $500; Western
| Union, $500.