St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1896-02-20
DULL rs COULD BE.
DEALINGS UNRELIEvED BY ANY
NEWS OF AN INTERESTING
CHARACTER.
ST. PAUL SOMEWHAT ACTIVE,
AND, WITH SUGAR AND BURLING-
TON, MoNOPOLIZEs THE BUsI-
NESS OF THE DAY.
THE CLOSE WAS QUITE STRONG.
Railroad Bonds Are Active, With
Northern Pacific Issues the
Feature.
THE CLOSE WAS QUITE STRONG.

NEW YORK, Feb 19.-The stock market
today was truly professional affair, and the
dealings were unrelieved by news of an es-
pecially interesting character. London was
an indifferent factor, trading in small way
on both sides of the account. Only three
stocks made even an approach to activity,
and these were st. Paul, Sugar and Burling-
ton, the first mentioned leading with 1920
shares. The news Of the day consisted chiefly
of the declaration of the quarterly dividends
upon Burlington and National Lead preferred.
crease in net of $225, 5H. A slight decline in
the Union Pacific system for December, show
ed an increase in gross of $685. 95, an in
crease in net of $225,544. A slight decline in
actual rates of sterling exchange was noted.
Some influence was exerted, but chiefly IN the
government bond market by the announce
ment from Washington that the j. ,Pierpont
Morgan syndicate would be awarded about
s4,70O,00O of bonds, payment Of the INSTALL
ments upon which had been defaulted by the
parties to whom they had been originally
allotted The news of the Burlington dividend,
though fully anticipated, was followed by an
advance of IA per cent in the price OF the
stock, and contributed to the general trmness
slightly higher all around, under the in
fuence of higher quotations for American
stocks in the London market. The early gains
were mainly fractional and were most i'm
around midday, assisted by realizing Sales
succeeded in bringing about declines unlm-
portant except in the case Of Sugar, that stock
yielding liz per cent. The statistical report
regarding the sugar industry continues en-
couraging, and further advances in various
grades were noted today. Shortly after p.
m. the market exhibited rallying tendency
on moderately increased volume of business;
Manhattan gained N; Southern preferred
and Sugar, Union Pacific and L. & NJ, Is per
cent The closing was strong, in tone with
fractional net general Improvements.
In railroad bonds business was on an en-
larged scale, sales aggregating SZn9,O oo.
Dealings were attended by decided strength,
with the Northern Pacific issues the features,
both in point of activity and advance. ST.
Louis & San Francisco trust 5s were consplc-
uous by a break of per cent and subsequent
rally of 81 per cent. The principal advances
were: Wisconsin Central, LIST trust receipts,
2: Chicago & Northern Pacific list trust re-
ceipts and Northern Pacific IDS, IA; Northern
Pacific 3ds 1; Northern Pacific consol 5s, IA
Northern Pacific trust receipts, 1l3; wabash
2ds 12s; Fort Worth and Denver city Isl
trust receipts, IA, and Texas & Pacific IDS
cent.
Government bonds exhibited continued
strength The new As coupon were again to-
day the leaders, and on purchases OF 81, 633 WY,
rose q per cent to 117k, as compared with
Yesterdays final price. The other issues were
also marked up sharply. The aggregate safes
were 81 1894, 700. Sales of stock today included
& NJ, 300; Missouri Pacific, 5SCJ; Rock Is
land, g. 400; st. Paul, 1890; Union PACING GER
tifcates $500; w. & L. e., 300
The following were the huctuatl ms IN the
leading railway and industrial stocks yester-
day: