St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-02-25
FIN ANCHAi.
New York.

NEW YORK, Feb 23.- The stock mar
ket was very dull during the first hour
today and generally firm. During the
last hour the trading was more active,
but the speculation was unsettled. and
at the close prices were very irregular,
the last figures made being. in a ma
jority of instances below the final sales
of Thursday. There were a good many
buying orders in Disabling at the open-
ing. The stock rose per cent on heavy
purchases, but reacted on sales to real
ize profits and closed 4 per cent below
the highest point touched.
Manhattan sold up per cent. lost the
entire Improvement. and rallied q at
the close. American Tobacco, after an
opening advance Of d. broke II per
cent on fears of unfa vorable decisions
in pending litigation. The closing sale
was at an advance of Il from the bot
tom price. Sugar rose &c to 9S. but
broke l per cent, with a subsequent
rally or re and a final reaction of 4
per cent. Northwest was the only one
of the granger shares which displayed
any activity, fiuctuating within a limit
of g per cent and closing unchanged.
Burlington also closed at THURSDAYS
figures. st. Paul is g down. The
transactions in The rest or the list were
very light. and the changes in the
usually active list were Insignificant.
The Cordage shares were strong. an
made gains of IL in the guaranteed, q
in preferred and p in the common.
Long Island traction and St. Paul pre-
ferred are up ~, and Pittsburg s.
Western preferred and Illinois Central
l per cent.
During the week the market was ex-
tremely Irregular. The success of the
government per cent loan was one of
the favorable incidents. but It had little
effect on the market. The fact that the
pooling bill is dead for this session was
on the other hand depressing inHu-
ence. The industrial stocks have led in
activity, but were alternately strong
and weak, as best suited to the purpose
of the maniDulators. Under pressure
Tobacco dropped from 81 to S433S, subse-
qnently recovering to S1T and then
losing g, making the loss on the week
per cent. The preferred stock is
down IL per cent. Leaf showed con-
siderable strength III the early trading
and rose Der cent, but when it was an
nOunced that no dividend would be de-
clared break of 81 resulted, of which
a per cent was recovered, restricting
the net loss 10 % per cent. The pre- :
ferred has advanced 318 per cent. A
decline in National Starch first pre-
ferred of II per cent to 50 was attributed
10 the liquidation CT long accounts.
Bay State Gas was operated in
quite freely, and on sales for the Boston
account the shares went down 295 per
cent, 10 14&l, With a rally to 1G15 and a
subsequent break to 1515, making the
decline on the week 23S. The depres-
sion i'll the anthracite coal trade. and
the lack of concerted action by the
roads which derive the greater part of
their revenue from this traffic, was
made use of by the traders to hammer
the market. Susquehanna & Western
preferred was sold down u per cent,
10 81; Lackawanna, ~, 10 1862: New
jersey Central, .. to S113, and Delaware
& Hudson, 515, to 125. Later announce
ments of possibility of aGcabe ar
engagements resulted in a general rise.
SusQuehanna d Western preferred
moved up TO 80. Lackawanna TO 15SI,
Delaware & Hudson to 12S and New
Jersey Central to S47s.
The bond market today was active
and generally firm. The St. Louis
Southwestern issues were marked ex-
ception, and made material declines.
The sales of the day were S624,O0O.