St. Paul daily globe., 1895-04-16
FlNASCIAL.
NOW YArk


NEW YORK, April 15.-The specula-
tion on the stock exchange opened
strong and active, and under good buy
ing which was widely distributed
throughout the list, prices moved
steadily upward until about / o'clock
The purchases were all for the home
account, as it was a holiday in Lon
don and the foreigners were not in the
market. There were no specially IA
vorable developments in the financial
or railroad situation to account for the
buoyancy of the speculation, but dur
ing the entire morning and the first
hour of the afternoon, prices forger
ahead with scarcely an interruption.
The Vanderbilts, grangers, Tobacco
and Leather were the most prominent
in the Improvement. After l o'clock
the market became irregular, and
while there were some fprther gains
made. the reactions were far more nu-
merous than ~, advances. The trad
ing became somewhat steadier at 2
o'clock, but after delivery hour a
drive was made on the market and a
sharp decline resulted, the downward
tendency continuing to the final deal
ings and the market closing heavy in
tone. The late losses were in the main
fractional and the general list retained
the greatest part of the early appre-
citation, only a very few shares show
ing losses on the days transactions.
Sugar was more active. but moved
within a comparatively narrow range,
selling up 15s, reacting 3s, and rallying
1s st. Paul rose Is. and reacted "a.
Rock Island advanced IA and lost Il
per cent. Northwest rose 15s, and fell
off IS. Burlington huctuated within a
limit of IS per cent. closing II above
Saturdays final sales. American To-
bacco opened at 96 ex-dividend of per
cent, advanced to &c. lost the entire
gain, and closed at 96A, making
gain of 7s on the day The preferred
advanced 5s on purchase of 100 shares
Other more prominent advances on the
day are: Canadian Pacific and Consol
Gas, l per cent; Michigan Central, 1ls;
st. Paul preferred and Cotton Oil, 4 ;
Denver & Rio Grande preferred, IL;
New York, Chicago, st. Louis I'd pre-
ferred, 1&; Minnesota Iron AS and st.
Paul & Omaha preferred. 51s. Boston
selling caused a decline Of q in Atch-
ison. the last being the lowest price
made. Leather advanced z, dropped
rs, and rallied Is; do preferred sold up
rs; broke 311s, recovered ~, and re-
ceded IL, closing at the lowest and
1$4 below Saturdays closing.
The bond trading today was ami
mated and buoyant, particularly for
the speculative issues. The aggregate
sales were $2,550,000, of which $299, 900
We're Texas &t Pacific seconds, $3.50
Atchison seconds. and $4,000 Atchison
is. Norfolk & Western firsts, Mary
land & Washington division, sold at
20 against rs on October 26; do 100-year
IS brought the same figure against
55A week ago. Other changes are:
Advances-Oregon Navigation collat-
eral trust 5s, per cent; Mobile &
Ohio new Gs. 22s; Northern Pacific
thirds, 2h; Harlem registered firsts,
2A.
Declines chesapeake & Ohio, r. &
~ second consols, per cent.
The total sales of stocks today were
2e5,S93 shares, including American Su
gar. u 400: American Tobacco. II 900:
Atchison, $500; Burlington, 5000; Chi,
caSo Gas, 1900; Delaware Lackawanna
& Western, 2.490; General Electric.
16. 400; Kansas & Texas preferred, 4.40O;
Louisville & Nashville, 2,900: Missouri
Pacific, 2, 500; New Jersey Central. g. 300:
New York Central. $500: Northwest
ern, S,400; Rock Island, 4.500: st. Paul.
1850: Silver certificates, COCO; South
ern Railroad. 2.eO0; Tennessee Coal and
Iron, $500; U. S. Leather 10.6OO; do
preferred, 1890; Western Union, 300.