St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-02-02
MONEY TO LOAN
GIN REAL ESTATE SECURITY.
FAVORABLE TERr1S. -.-zxzsA
E. w. PEET & SON
Manhattan Buiidin
FIN ANGEAE.
New York.

NEW YORK, Feb. Depreciation on
the stock exchange today was healthier
in tone than for long time past. There
was an active buying movement in
which London was very prominent, the
purchases for the foreign account being
chiefly of st. Paul and Louisville IL
Nashville, but Reading and Atchlson
came in for small measure of atten-
ton. The moving influence of the mar
kct was the universal belief that the
issuing of per cent loan Of 500, OG0,v
600 by the government was an assured
fact. While there was no official coil
firmation Of the common report as 10
tile replacing of the loan the street,
which ever takes one side Or another OF
a question, adopted the theory and used
it as an accomplished fact that the loan
was 10 be. and then reasoned out that
the United States treasury Golfers would
be filed with gold, and with foreign
gold at that, which would be less likely
10 be Withdrawn in the near future than
if the loan was 10 be taken as 4 whole at
home.
The easier tone of the STEERING eX-
change market in the afternoon also
tended to assist the appreciation i'll
share values, which began at the open-
ing and which with but few Interrupt
lions continued until the close. Up to
The last hour, when the announcements
were made of the cancellation of the
greater part of the orders for gold for
shipment tomorrow made early in the
day. speculation became absolutely
buoyant and the market continued in
good tone to the close.
Lead sold up ". lost the gain, but
closed per cent above yesterdays
closing. General Electric gained &.
receded ~ and recovered ~, a gain of
l on the day. Nearly everything on the
list dealt in shows advances OH the day.
the more important of which
are: The graugers q to 25s,
W. u. Reading and Sugar preferred,
q; Mobile d OHIO. Cordage and Cordage
preferred, q; Cordage guaranteed. u;
Wheeling q Lake Erie preferred,
Leather preferred, Lake Shore, Lead
preferred and Denver d Rio Grande
preferred, l; st. Paul Il Omaha, Is;
Rubber, II; Pacific Mail and Baltimore
d Ohio, rs; Sugar, Missouri Pacific
and Iowa Central preferred, ~; South
ern preferred, ~; Louisville q Nash
vile, ~: Lake Erie & Western pre-
ferred and Chicago Gas, ~; Tobacco,
rs, anu IlIluulS SeIllal, E12.
Declines-Metropolitan Traction. per
cent; Plttsburg IL Western preferred,
81; Rubbers preferred, "a, and Distil-
ing, Il.
There was considerable strength to
the trading IN bonds today, which was
due to the same cause which influenced
the share speculation. There was a
fair semblance of activity. the sales ag-
gregating SS95.000. The principle adj
advances are: Michigan Central IS
registered of 1881, AZ; Union Pacific
preferred and Rio Grande lists. 215.
Declines-Union Pacific gold IS, AZ:
Louisville. Evansville & st. Louis con-
soils IS, 2; Kansas Pacific consols IS, 211S;
Peoria s. Western lists, 2.
The Total Sales of Stocks
today were 1928 shares, including:
American Sugar. $1,000: Burlington,
$500; General Electric. %, 200; Louis
Vile & Nashville, 14.500; Missouri Pa
ciic. National Lead. 1850; Northwest
ern, 5000; Reading, 3,700: Rock Island.
11.7O0: st. Paul. 2l,400; Southern Rail-
road. $500; Southern preferred, 1900;
Western Union. 7,400.