St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-04-29
FINANCIAL.
New York.

NEW YORK, April 27.-The indus
trial stocks were leaders of the specu-
lation on the stock exchange today and
were the only shares in which the
fluctuations were at all important.
There was good buying in this group
and the final sales show an apprecia-
ton in values compared with yester-
days closing figures except for Chi
cago- Gas, General Electric, Laclede
Gas, and National Linseed, which are
1s@1 per cent lower. At the opening
the market was fairly active, but
weak. Soon, however, the fndustrialS
began to show strength, while the coal
erS became weak and the railroad list
steadied itself Under brisk buying
the Leather shares advanced sharply,
the common selling up 21s to IT'S and
the preferred 23s per cent to 271s, the
closing sales being Is and 15s per cent
respectively below the best prices
touched. In the general list, Putnam
advanced "a and Northern Pacific
preferred per cant. The market was
somewhat unsettled at the close, but
the prevailing tone was steadiness.
Among the net gains on the day are
Cordage Guaranteed, 1; Rubber, rs:
Leather, ~; Tobacco, Us; and Bay
States Gas 8 per cent, and among the
losses are United States Express, ~,
and National Linseed / per cent. Dur
ing the week the stock market was
animated, at times buoyant.. The dis
tribution of business was wide and
long neglected stocks were largely
dealt in. The favorable financial out
look spurred the bull leaders to re-
newed efforts and values were gener-
ally marked up. Commission hous IS
reported all increase of orders and
the foreign houses were heavy pur-
chaSerS of the international stocks. AS
a rule the reactions were insignificant.
The conference of the coal road presi-
dents with the Reading receivers on
Monday was regarded as favorable to
an adjustment of the existing diff
ficulties and on this belief the coal
shares moved upward. Delaware &
Hudson, 3&; New Jersey Central, a3s;
Reading, rs, and Lackawanna, 2 per
cdnt. The subsequent determined
stand taken by the other roads against
the demands of the Reading Company,
which led to the abandonment of
negotiations, induced heavy selling
leading to a decline in which Della
ware d Hudson sold off Az per cent,
Lackawanna AS, New Jersey Central
9A and Reading 2as, the final sales
showing rallies Of ~ in Reading, 1as
IN Delaware & Hudson, i in Lackawan-
ma and Is in New Jersey Central
Louisville, New Albany IL Chicago was
bought heavily on the action of the
board OF directors in promulgating a
plan for readjusting the finances of the
company. The preferred stocks sold
up 2A per cent and the common /. In
the later dealings there were reactions
OF lAQlA per cent respectively. TIC
the improved trade conditions was
due the buoyancy in Sugar, Tobacco
and Leather preferred, and sales were
made in these Stocks at the highest
prices Of the year. The total transac.
tons for the week were ,554, 800 shares
and l59 stocks We're traded in.
The bond market today was strona
and active, with the bulk of trading ir
Northern Pacific issues, which figured
for $4L1,00 in a total of 81, 600. Chi.
cago & Northern Pacific firsts sold al
1874. against 80 on Jan. %. The othe,
leading advances were:
Peoria IL Pekin Union seconds, 81
per cent; Duluth, South Shore & Allan.
tic os, 3; Iowa Central firsts, "a; North.
ern Pacific IS, 81 do Collateral Trns
IS, $; do Consol IS, 21a; do Trust re
ceipts, "a, and do Montana firsts.
per cent.
The market ruled active and strone
during the week, with considerable
demand from the foreign centers fo,
the speculative issues. Prices at the
close generally show a substantial i'm.
provement. The total sales were si5,.
$4,000 and go bonds were dealt in. The
notable changes on the week are:
Acvances-Northern Pacific oollat.
eral trust 6s. per cent; do seconds, 8
do thirds and do consol IS, AZ, and dc
trust receipts. Az; International &
Great Northern thirds, 8; Chicago 6
Northern Pacific firsts. ~; Chicago 6