The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-07-14
SUGAR STI4L HIGHER
DAYS HIGH MARK THREE POINTS
ABOVE THE BEST PREVIOUS
QUOTATION.
ITS FLUCTUATIONS ERRATIC.
ACCOMPANIED BY COVERING
OF SHORTS.
ITS FLUCTUATIONS ERRATIC
ALL ALONG THE LINE.
Tendency of the New York Marl1et
to Rise Evidenced bS Widely
Distributed Gains.

NEW YORK, July 1S.-The disposition of
the security market today, evinced by nota-
BILE and widely distributed advances espe-
cially in the coalers, industrals and gilt
edged investment socks, was due to various
favorable influence of general effect. The
coalers easily responded with rise extending
to per cent on the Lehigh Valleys election
OF officers and directors known to be accept
able to the controlling interests in other
anthracite properties and to the harmony in
oper alton expected to result Todays Wash
ington rumors continued favorable to the
filming interest and to the effect that a COM
promise sugar schedule, pleasing to the COM
pany, would likely he agreed upon by the
conference. The result was that Sugar scored
another high record price, touching 1875,
nearly three points. above yesterdays close.
and over three points above the Hottest point
previously, which was 134%.
Inc suspension of house supposed to have
been hurt in carrying large account for an
operator on the wrong side of rising mar
ket caused temporary reaction in the mar
ket, which carried prices generally fraction
below last nights close. The fluctuations in
Sugar were most erratic and wide attended
by heavy covering of shorts. Hesitation en-
sued, and then there was increased activity
and strength. The transactions in the stock
comprised fourth of the total transactions in
all stocks, over rs, 900 shares being sold
After momentary decline at the opening
the stock sold up rs above yesterdays close
reacted 21s and then partly recovered clos
ing at a point advance over yesterday Chi
cago Gas ruled strong favorable Chicago
dispatches. Good crop and weather adyices
oettered the grangers a sharp fraction
Northwest preferred and Delaware & Hudson
rose each. Other stocks not hitherto men,
toned, which recorded gains of a point or
more were Tobacco, Canadian Pacific New
Jersey Central, Reading first preferred
Reading second preferred, Minneapolis G. St.
Louis second preferred, Pullman Rio Grande
Western, Spirits preferred and Oregon Short
Line. The closing was strong and generally
at best prices, which were fraction above
yesterdays close.
Considerable strength was displayed among
few OF the industrial mortgages, and the
general market also displayed an improved
tone. The aggregate sales were 81, 7O9 600.
government bonds were practically ne
glected, but ruled steady at yesterdays clos
ing prices. =
.. The total sales Of stocks today were 3O2.-
69o shares, including: Atchison preferred
3,11O; Burlington, Il, 622; Delaware & Hudson
$3.50; L. & NJ, $780, N. J. Central 9O13; N
+. preferred, 1928; Ontario & Western, $3.50:
oregon Short Line, $50; Reading 1880
Rock Island 7,14O st. Paul, "a, 56S; Tobacco
!2,135; Gas, 1850; Sugar, 70 0S7; Leather pre-,
ferred, 1884; Western Union, 4410.
The following were the fluctuations of the
Leading railway and industrial shares fur
New YORK stock exchange and Chicago board
of trade: ~