St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-02-27
FINANCIAL.
New York.

NEW YORK, Feb. 26.-There was
moderate volume of business on the
stock exchange today, but the trading
was unsettled in tone and the closing
prices we're in majority Of cases below
the final sales of yesterday. Specula-
ton opened dull but firm, and some
slight gains were made. A raid Oh
Chicago Gas was soon made, which sent
that stock down IL per cent and weak
ened the general market. Tobacco and
New York Central sold off ii, Missouri
Pacific and Manhattan Is, Sugar q and
other shares K(@1a per cent. Canadian
Pacific was an exception, advancing
%. The declining tendency was
checked before II O'Clock, and rally
Of 1s@4 took place, led by Cordage,
which came into good demand, the buy
ing, it is believed, being for the
account Of a new bull pool.
On the purchase of 100 shares
Northwest rose per cent. Approach
ing noon some Of the industrials. in
Guiding Sugar, Chicago Gas and To-
bacco, fell off 19(034. and Louisville Il
Nashville lost q and few of the list a
smaller fraction; but the market quick
Iy SlCdulCu lloSlk oul luz b.iC bOuL
following noon a firm tone prevailed,
common oil moving up II and the gem
eral list 15G%, exceptions being st.
Paul and Omaha and Northern Pacific
preferred. which declined 81, and Rub
Der a. A drive against the grangers
was made about l O'clock. which was
chiefly directed towards Northwest, that
stock giving way per cent, Burling-
ton and St. Paul g, and Rock
island 4. The depression was COM
municated to the rest of the list,
which receded 78@3s per cent. After
delivery hour, the market became
firmer and a partial recovery took place.
which ranged up TO 5s91s, speculation
beng fairly steady at the close. Sus-
quehanna s. Western preferred was
heavy during the early afternoon and
broke AZ, with a final rally of 219 to
36L. American Express dropped 2, but
recovered 1. Adams Express gained
A. The more important declines on
the day are Northwest, New York Gen.
trail and Consolidated Ceal, l per cent;
Chicago Gas, II. due 10 action of Chi.
cago aldermen III granting franchises
TO another gas company and to an cleo
trio light company; Northern Pacific
preferred, ~, and Susquehauna &
Western preferred, 2; Cottonseed Oil
shows a gain of 2115, and Canadian Pa
cific, 219.
London was in the market only to a
small extent and mainly as seller of
the internal specialties. The market as
a whole is almost entirely in the hands
of professional traders.
There was fair amount of trading
in bends today. and in the early part of
the day prices sagged off, but in the
later dealings firmer feeling prevailed
and the closing was i'll good tone. Ag-
gregate sales were $685. 600. The prin-
cual changes are: Adyances-Susque-
hanna & Western refunding fves. 81 i;
Cordage firsts. 2T; Louisville & Nash-
vile, New Orleans IL Mobile frsts, "a :;
Scioto Valley & New England tours, 2I.
Declines - Northern Pacific thirds,
81; Toledo, st. Louis 81 Kansas City
firsts, 2.
The Total Sales of Stocks
today were 14O.70S shares. including
American Tobacco, 4.000: American
Sugar, 2S, 200; Burlington, $500; Chi
cago Gas, $500; DC. F., 10,7o0;
Louisville & Nashville, 6.00O: Missouri
Pacific. 4,50C; New Jersey Central, 1900;
Northwestern, Is, 400; Northern Pacific
preferred. 1920: Rock Island, 3,400;
St. Paul. 5000; United States Cord
age, $500; United States Cordage pre-
ferred, 2,400.