St. Paul daily globe., 1895-11-27
STOCKS WERE DUhh
RAILWAYS AND INDUSTRIALs
MONOPOLIzE MOST OF THE
ATTENTION.
TOBACCO WAS A LEADER.
DEALINGS IN THE WEED WE'RE
ONE FOURTH OF THE TOTAL
OPERATIONS.
FOREIGN EXCHANGE EASIER.
Gains and Losses Through the
Day, bU' No Very Material
Changes.
TOBACCO WAS A LEADER.
FOREIGN EXCHANGE EASIER.

NEW YORK, Nov. 26.-There was
little if any change in the character of
the stock speculation today. Dullness
was the main feature, and the bear
professionals monopolized the dealings,
especially in the industrials and rail-
ways. The last proved superior to the
easier tendency. There was moderate
buying of the international shares for
foreign account, and more cheerful adj
vices as to the European speculation.
The foreign condition tended to offset
the renewal of gold engagements for
shipment tomorrow, aggregating 81, ,200,-
eco. 1t is understood that the gold to
be forwarded affords a minimum of
profit. Indications as to the probable
extent of the shipment for the week
are less clear. The exchange market
continues very dull, with the supply of
gold and cotton bills sufficiently large
TO cause an easier tendency, though
without noteworthy change in quota
tons.
There was no news of Importance
bearing upon the general market aside
from the gold engagements, and they
appeared to be ignored by the traders,
owing to the assumption that action
to relieve the treasury will not be long
delayed. A more tangible explanation
of the steadiness of the railroad list is
lie eACGiiSIU OIL earnings Dy
the roads in nearly all sections, aside
from the Southwest, and the abatement
of foreign selling of our securities.
Business was poorly distributed.
Tobacco, Sugar and Leather pre-
feTred completely outran the other mar
ket in point of activity. The first men,
toned was the leader in this respect,
and Sugar came second, reversing the
order of Mondays market. The trans
actions in Tobacco footed up one
fourth of the entire dealings, and at
the lowest point was down 25s per cent.
1t closed within Is per cent Of the high
est, and recorded only an unimportant
item to the decline. The other was
much less active, but was unpleasantly
conspicuous by ending with a net de-
cline of 23s per cent. The movement
was again attributed to a leading man
ufaCturer, who has been persistent for
some time past i'll his attacks upon the
industrial shares. General Electric, on
important loss. The general market
had intervals Of decline and reaction
throughout the Gay, but closed quiet,
with net changes about equally divided
between gains and losses, none of
which, aside from the stocks noted, !
exceeded small fractions. ','
The market for railway bonds, as
usual recently, was dominated by the
course of the stock speculation The
business was fairly large, exceeding
yesterday s tOIal. safes, Sl,13O,OuU 1 he
course of prices was irregular. The !;
most noteworthy declines We're: Ore
gon Short Line union consols trust re
ceipts and Toledo, st. Louis & Kansas
City first trust receipts, u per cent. The
chief advances. were in Louisville-New
Albany generals, IL; Atchison. seconds,
Denver & Rio Grande consols, and
Edison Electric Illumina ting firsts, 11a
per cent. 80
Bonds.