St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-02-19
FINANCIAL.
Now Work.

NEW York, Feb. Is. - The week
opened on the stock exchange with
heavy tone to the speculation, which
was largely due to the depression in
American securities in the London mar
ket. There was foreign selling in the
International stocks, chiefly in st. Paul
and Erie, the latter being unfavorably
affected by 4 report that the stock Will
be called to pay a heavy assessment
under the plan Of reorganization. The
discussion in the United States senate
on Saturday on the silver question had
a disquieting effect in this as well as in
the London stock market. and impaired
an unsettled tone to trading, which was
not cOumteracted by Senator Sherman'S
declaration today that all OOliga
tions of the United States Should
be paid in gold where gold
is demanded. The coal shares
were weakest of the active list; Della
ware IL Hudson sold off % from the
opening price. New Jersey Central
broke u, rose and reacted y; Della
ware, LackawaRna declined II, recOy-
cred Is and reacted Is; Reading was
| neglected, only 400 shares being sold,
the stock receding g and regaining 4;
SuSquehanua q Western made loss of
u. The heavineSS of these shares was
due to rumors unfavorable to trade
prospects. of which the bears took adj
vantage to raid the properties. Com
| pared with the prices OF about month
! ago, the low point of today shows a de-
probation Of 1913 in New Jersey Gem
/ trial, 10 in Delaware IL Lackawanna, s
per cent Ia Delaware u Hudson, and 5
in Susquehanna u Western. The SELL
ing OF Erie was quite brisk, both for
eigu and home interests liquidating
their holdings on the theory OF heavy
stock assessment. The shares fell off
l 4, with a final recovery of 4 the pre-
ferred broke 2l5.
Since the middle of January Erie
common has lost 218 and the preferred
81. The general list was irregular
throughout the day, but in the last hour
the market came into better tone, there
beng quite good covering OF short
contracts, and a firm tone prevailed at
the close. The final figures made are
very irregular compared with Satur-
| days closing quotations, but i'll ma
| i0rity Of cases are higher, notably
! COrdage guaranteed and National Lin
seed and Edison Electric of New York,
| -; st. Paul u Omaha, II; National
/ Starch second preferred, l: Lead pre-
! ferred and DistiIling, g; Burlington
! and Sugar. q, and Go preferred. q. In
! the list OF declines are Susquehanna Il
! Western. u; Delaware 81 Hudson, IL !;
| Delaware Il Lackawanna and Bay State
! Gas, Is; Erie, &; do preferred. 215;
! Denver u Rio Grande preferred l and
Union Pacific Is. Northwest is up = -;
! St. Paul is down 4, and Rock Island
stands unchanged on the day.
There was moderate amount of bust
| ness i'll railway and miscellaneous bonds
today, but the fluctuations in the
speculative issues were insignificant.
Among the inactive mortgages. how
ever. some material recessons took
place, including SusQuehanna & West
ern IS, which sold at 1919, against 108
Jan. Is. The total sales were 1852, 500.
The principal changes are:
Declines-FlinE IL Pere Marquette 6s.
81; Seattle, Lake Shore IL Eastern first
trust receipts, 4; Buffalo. New York &
Erie tirstS, 2.
The Total Sales of stocks
today were l29,441 shares, Including: