St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-01-13
@. ERNST & co.
Investment Bankers.
Dealers in First-Class Bonds, Bank
Stocks and Commercial Papers.
Money to Loan in Large Amounts
OFFICES
Germania Bank Bldg, And Temple Court
st. Paul. Minneapolis.
FINANCIAL.
New York.

NEW YORK. Jan. 12.-During the two
hours of business today the speculation
on the stock exchange was irregular and
unsettled with Chicago Gas most prom
inent in the trading. There was heavy
liquidation in this stock, and. under
brisk selling,a decline of ~ to 1875 was
effected. Then came rally to T64,
followed by reaction to 75b and final
rally to 1873, making the loss for the day
only d. Sugar, although next in point
of activity, was comparatively neglect
ed. tluctuating between 90I and 80, and
closing at the lower figure with net
loss OF 4. The coal shares showed the
greatest strength of the entire list.
Delaware, Lackawanna g. Western
after an opening decline of 214 to
159. sold up to ,63I. closing at 1921, a
gain i'll the day of 4. D. d II. rose l 4
to 1872, the last being the best price
touched. New Jersey Central. after an
early reaction of a, advanced to 933l,
with final reaction of ., making the i'm
provement from yesterday IL. Ma
tlonal Starch second preferred sold at
90 against So the last previous sale.
Colorado Fuel and Iron lost per cent.
The movement in the rest of the stocks
traded in was very narrow, and changes
uS IiiO SlOOO SOiH puISu Will lAC liHoi
quotations of yesterday are merely
fractional. The market closed rather
heavy.
For the week it has been dull mar
ket, the aggregate of the sales being
only 701,60l shares, and as a result of
the trading prices are in the main
higher than at the close of last week.
Chicago Gas opened Monday with gain
of 81 at 1874, and on heavy trading sold
up to 1874 Friday, a net gain of 81.
Realizing sales later brought the shares
down to 1871, with a later recovery to
76M. making gain OF So. Sugar also
fuctuated widely, and after reaction
of e to S63s Monday, advanced to 81
Friday, and closed today at 80. gaining
per cent on the week. Among the
coal shares New Jersey Central was
most prominent, and on good buying
was advanced from Sc. the final sales Of
last week, to 9324 today, a rise
OF "a, with a subsequent reac-
ton Of 4. D. & Fl. was forced
up from 126 to 1872, closing at the high
est of the week. Lackawanna was adj
Monday, to 1919 Wednesday. and today
and final reaction to 1921, making a
clear gain of per cent Consolidated
Gas was sold up from 127 to 1917, and
closed at the best. The other more i'm
portant changes are:
Advances-Laclede Gas preferred. 4;
do common, L; Northwest preferred,
So; Illinois Central, 81; Erie 1ele-
graph, 3; Hooking Valley preferred,
215; Tobacco and Susquehanna 81 West
ern preferred, ~.
DecIines-Metropoli Traction, AZ
per cent on the week.
The bond market ruled strong and
active throughout the day. The total
sales were s762, 800, and the principal
changes were:
Advances-Toledo, st. Louis & Kan-
sas City fiysts, 8 per cent; Oregon Short
Line 6s, 211s; do trust receipts and To-
ledo d Ann Arb0r firsts. trust receipts,
2; Kansas Pacific consols 6s, ~; Min-
neapolis & st. Louis firsts. u, and
Seattle, Lake Shore & Eastern firsts,
trust receipts, and Northwest consolS
rs. 1.
Declines-Peoria & Eastern firsts,
~ per cent. and Wheeling & Lake Erie
frsts. Wheeling division, 1ss.
On the week the course of prices has
been upward and material gains have
been recorded in number of instances.
The trading has been fairly active and
the aggregate sales are Sc, 500, 400. The
more noteworthy advances are:
Baltimore & Ohio Southwestern con-