St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-04-05
FINANCIAL.
New York.

NEW YORK, April 4.-The stock
market today was inactive, and the
net results of the trading are Insignia
cant except in a few instances. A ma
jority of the shares dealt in show
losses as compared with yesterdays
closing prices, but few of the active
stocks are down more than a small
fraction. London houses were on both
sides of the market, but their dealings
were not large enough to affect the
speculation, and the dizziness of Amer
lean securities on the London stock
exchange rather discouraged opera
lions on the board here Sugar w-..ch
was most prominent in the transac-
lions, was offered freely in the early
dealings, but found ready buyers, Dur
ing the day, however, the sellers be-
came far more numerous than the
buyers, and the stock gave way under
pressure. The selling was attributed
to dissatisfaction with the report of
the trust filed in Massachusetts, which
it is said is the only statement to be-
made public. The stock receded Is in
the opening trading, rose q, fell off
~, closing about the lowest and 13k
down on the day. There were heavy
it is believed is for the new interests
in the stock, but there was plenty of
stock to be had, and after an early
gain of per cent there was reaction
of IS with final rally of 4 per cent,
leaving a net advance of q per cent
General Electric opened 4 lower, but
on purchases induced by a renewal of
the report OF the negotiations between
flo 10
people the stock rose q per cent. Sales
by Boston caused a break of l per
cent, the short interest seeking to
cover at the lower figure. This buying
| put the stock up again, the improve
| ment being rs. A final reaction of "a
per cent took place, limiting the gain
to IS. -
| AS to the reported conferences be-
tween committees of General Electric
and Westinghouse companies, the
| fact is that while committees were
| appointed by those corporations to ne
| gotiate for the maintenance of prices,
| etc, no Meeting of these committees
has been held as yet, and they are no
nearer to the desired end than they
were when appointed. The general
| market opened strong, and was fairly
! well IlSlu IlllS liiS OtlI
| the afternoon there was a general de-
| preston and most shares traded in
| recorded reactions, the market how
ever, steadying itself at the close.
The only changes above a fraction are:
Declines-Minneapol & st. Louis
preferred, III; Sugar, rs; Bay State
| Gas, Susquehanna & Western pre-
ferred and Starch, III; Leather, rs
and Delaware, Lackawanra & West
ern, per cent.
Advances-Cordag guaranteed, 1s;
Erie preferred, IL, and st. Paul, Min
neapolis & Manitoba, 1 per cent
Trading in bonds during the day was
| moderate, with decided .heaviness
to the speculative issues There were
no material changes either way in in
active securities, the trading in which
was quite general. The sales for the
day were 81, 1886, 600, in which Texas
/, & Pacific seconds figured for SITS, 600
| The principal losses ase: Wilkes barre
& Eastern firsts, 21s per cent; Oregon
Short Line collateral 5s. ~; Calves
ton, Houston & Henderson, 5s, per
cent; st. Paul, Toledo & Ann Arber
firsts receipts, 8; Grand Trunk firsts,
traffic receipts, AZ.
The total sales of stocks today were
164,13O shares, including: American SUI